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AI
Canva Acquires Generative AI Pioneer Leonardo.AI to Augment Visual Creation Tools
In a move that will significantly bolster its AI capabilities, Canva has announced plans to acquire Australian generative AI startup Leonardo.AI. As one of the leading providers of visual content creation tools, Canva sees this acquisition…
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New Startup Bonniepet Aims to Be a One-stop Hub for All Pet Lovers and Professionals
Bonniepet aims to create a one-stop virtual community that brings together all stakeholders in the pet world onto a single platform. With pets being such an integral part of one-third of households globally, the founders recognized the need…
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High School Students Raise $500K for Their AI Startup
In a remarkable story of entrepreneurial spirit and determination, 18-year-old high school graduates Christopher Fitzgerald and Nicholas Van Landschoot have founded APIGen, an artificial intelligence startup that secured $500,000 in seed…
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“How an AI Startup is Reducing Doctor Burnout”
Doctors today face unprecedented administrative burdens that can take them away from direct patient care. Excessive time spent documenting patient encounters eats into their workdays, and the notes often need to be done after hours. This…
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AI Detection Startup GPTZero Secures $10 Million Series A Funding to Continue Growth Trajectory
GPTZero, a leading AI content detection platform, has announced a $10 million Series A funding round led by venture capital firm Footwork. Founded in late 2022 by Edward Tian and Alex Cui, both still in their early 20s, GPTZero has…
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Ancient Wisdom Meets Modern Science: Enveda Lands $55M For AI-Assisted Drug Discovery
or generations, indigenous populations worldwide have relied on plants for their healing properties. Willow bark, for example, has long been used to relieve pain and inflammation. However, it wasn't until the 1800s that scientists isolated…
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Light Emerges from the Shadows with $13 Million Seed Funding to Illuminate Accounting Processes with…
Accounting tasks like reconciling general ledgers and finding discrepancies can be mundane and time-consuming work. A Danish startup called Anthropic believes AI has the power to lighten this load for businesses. Having developed a novel…
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Musk Scoops Up $6B for AI Ambitions, Fintech Sector Faces Tumult
Tesla CEO and SpaceX founder Elon Musk has raised over $6 billion for his newest venture, as reported in an exclusive story on Tuesday. The funds will go towards Musk’s nonprofit research company Neuralink, which is working on developing…
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Exactly.AI Raises $4 Million to Democratize AI Art Generation Through Artist-Controlled Models
London based AI startup Exactly.AI has raised $4 million in seed funding to further develop their platform that aims to put creative control of AI generated art back in the hands of artists.
Exactly.AI allows creative professionals like…
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How major tech companies are leveraging AI startup investments to strengthen their AI capabilities
The world's largest technology firms have been aggressively funneling investments into artificial intelligence startups in recent years. Experts speculate that this strategy could help the big tech players bolster their dominance in the…
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