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Search resuls for: "French VC"


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AdvertisementThe rate of AI model improvement appears to be slowing, but some tech leaders say there is no wall. A fierce debate over whether improvements in AI models have hit their limit has taken hold in recent weeks, forcing several CEOs to respond. Others, including Marc Andreessen, say AI models aren't getting noticeably better and are all converging to perform at roughly similar levels. AdvertisementOne solution that companies are exploring is synthetic data, an artificial form of data generated by AI. Aymeric Zhuo, cofounder and CEO of AI startup Agemo, said that AI reasoning "has been an active area of research," particularly as "the industry faces a data wall."
Persons: Sam Altman, Fabrice Beaulieu Dario Amodei, Anthropic, Jensen Huang, Marc Andreessen, Henri Tilloy, Jensen, Justin Sullivan, Matthew Zeiler, Eric Landau, Landau, Sharon Zhou, Zhou, Daniele Panfilo, Bard, it's, Thomas Wolf, Jonathan Frankle, Ilya Sutskever, Satya Nadella, Aymeric Zhuo, Sivesh Sukumar, OpenAI, Noam Brown, It's, Adam Selipsky, Dario Amodei, Noah Berger, Anthropic's, they've, Microsoft's Copilot Organizations: Nvidia, Business, Google, French VC, Companies, Vox Media, OpenAI, Reuters, TED, Gemini, Web, Getty Companies, Investors Locations: Santa Clara
AI startup Attention raised a $14 million Series A funding round from Alven, Eniac, and Frst. The startup uses AI and natural language processing to glean data and next steps from sales calls. AdvertisementNew York-based AI startup Attention, which uses natural language processing to fill out customer relationship management (CRM) programs and generate action items from sales calls, just raised a fresh round of funding. Late-stage startup Gong, which also records sales calls, raised $250 million in Series E funding in 2021 at a $7.25 billion valuation. And 11x.ai, which is building AI sales reps, raised a $50 million Series B last month from a16z, TechCrunch reported.
Persons: , Anis Bennaceur, Matthias Wickenburg, Bennaceur, Wickenburg, Swipecast Organizations: Service, French VC, Eniac, Liquid2 Ventures, Ventures, TechCrunch Locations: Alven, New York, a16z
Malibou, a French HR and payroll startup, has raised $3.3 million in seed funding. The startup targets small and medium-sized businesses in France that lack efficient HR tools. Malibou aims to offer expert payroll support and modern HRIS, competing with firms like PayFit. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMalibou, a French startup that helps small businesses with payroll and HR, has raised $3.3 million in seed funding.
Persons: , Maxence Drummond, Breega Organizations: Service, French VC, Business Locations: France
Read previewVenture capital firm Ventech has sold its stake in digital music company Believe, saying the company's lack of liquidity has led to it being "chronically undervalued" on the Paris Stock Exchange. "It wasn't really possible to use the Believe stock to accelerate its build-up," he added. Related stories"The management wanted to size the company, but the stock price and liquidity wasn't allowing that," he said. Ventech has raised an initial closing for its sixth fund, targeted at around €225 million ($241 million). Ventech has made initial deals from its sixth fund, backing French startup Firecell and German real-estate management company Einwert.
Persons: , Ventech, Jean Bourcereau, Thomas Bravo, Bourcereau Organizations: Service, Paris Stock Exchange, Business, London Stock Exchange Locations: Ventech, , Europe, Stockholm
Like many other enterprise companies, Symphony was locked into its cloud providers as its tech stack became increasingly entwined with and dependent on the cloud companies' tools and software. Some of that computing power and storage comes from the major cloud providers themselves, by way of consumer devices, but they can also come from a company's own private cloud, Gurle said. On Wall Street, tech execs constantly look for new ways to keep cloud costs in check. This is reaching new heights thanks to the AI craze, with the construction of data centers wreaking havoc on rural communities. Here's the pitch deck Hive used to raise $13 million.
Persons: David Gurle, Gurle Organizations: Service, Symphony, Wall Street, Amazon Web Services, Google, Business, Oracle Labs, University of California, Hive, SC Ventures, Chartered, French Locations: University of California Berkeley, America
Woodoo is a biotech startup creating alternatives to leather, glass, cement, and steel using wood. We got a peek inside the 8-slide pitch deck it used to raise from Chris Sacca's Lowercarbon Capital. Now his company, a biotech converting wood into alternatives for emissions-intensive materials such as concrete and steel, has just secured $31 million. Boitouzet is set on becoming the go-to option for building materials, having already seen traction in the luxury goods market. Woodoo's materials are currently more expensive than conventional but costs will come down when the company reaches scale, Boitouzet said.
Its self-hypnosis program aims to help users with wellness challenges, such as weight management and sleep deprivation. That's what inspired him to found wellness startup OneLeaf, which just raised $5.1 million to grow its self-hypnosis program across the US. The Paris-based startup offers users a self-hypnosis tool for to help them face health challenges such as smoking, weight management, and anxiety. Focusing on self-hypnosis as a treatment option makes OneLeaf unique, Cohen-Skalli said, and also positions the startup to grow into other wellness industries. Check out the 13-slide pitch deck used to secure $5.1 million in seed funding.
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