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☆ Deckmatch uses AI to find and streamline deals for investors. Check out the 13-slide deck it used to raise $3.1 million.
▼ + stars: | 2024-11-11 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +2 min

Deckmatch has secured $3.1 million in seed funding from Alliance VC and Luminar Ventures. BI got an exclusive look at the 13-slide pitch deck the startup used to secure the funding. AdvertisementA startup that helps private market investors automate their work has secured $3.1 million in seed funding. AdvertisementDeckmatch said its $3.1 million seed round was oversubscribed. With the fresh funding, Deckmatch plans to double down on its research and development efforts.

Persons: Deckmatch, —, Leopold Gasteen, Gasteen, Walid Mustapha Organizations: Alliance, Luminar Ventures, BI, Service, Google, Business, Skyfall Ventures Locations: Norway, VCs

☆ A free AI tool can help you apply to hundreds of jobs per day. Users said there are risks, but they're worth it.
▼ + stars: | 2024-11-06 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +9 min

An AI tool called AIHawk is helping some job seekers apply for hundreds of jobs a day on LinkedIn. Some users told BI the program added false information into their resumesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementA new AI tool released in August is helping some people quickly apply for roles on LinkedIn. Related Video "We've been using AI all along." AdvertisementAIHawk is free but users found problemsAIHawk is one of many AI job application tools on the market.

Persons: —, Federico Elia, AIHawk, Elia, who's, they've, There's, Anthony Ettinger, Ettinger, he's, Roth, Uber, hasn't, he'll, Tommi hasn't, Alexander Alonso, Alonso, Github — Elia, Guilherme, I've Organizations: LinkedIn, Service, Roth IRA, BI, Society for Human Resource Management Locations: Italy, Silicon Valley, Mexico City, Brazil

☆ Taboola is looking to compete with Google and Facebook for small-business clients using a new generative AI tool for ad campaigns
▼ + stars: | 2024-10-15 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

The tool was built using OpenAI's GPT-4o and data input from years of Taboola ad campaigns. They've maxed out Google and Facebook, not because their threshold for margin is tapped, but the way most spend on Google and Facebook, they will spend, and spend, and spend, and they stop because it gets expensive," Singolda said in an interview. Singolda said Abby was designed to help Taboola bring on more advertisers and tackle the onboarding process. And Taboola itself already offers an AI tool called Maximize Conversions that automates its clients' ad bidding strategies. Advertisement"I don't see generative AI tools as likely to drive near-term adoption of new ad platforms among SMBs," Lipsman said.

Persons: Abby, Taboola, —, Adam Singolda, Singolda, Publicis, Andrew Lipsman, Lipsman Organizations: Service, BBC, CBS, Yahoo, Apple News, Business, Google, Facebook, Big Tech, Omnicom, WPP

☆ AI coding startups are becoming a hotspot for VCs. Here are the 12 copilots that have landed funding from funds like a16z, Lightspeed, and Menlo Ventures.
▼ + stars: | 2024-10-14 | by ( Samantha Stokes | ) www.businessinsider.com time to read: +2 min

VCs are investing in generative AI coding and copilot startups. AI coding tools automate coding tasks, allowing developers to focus on creativity. BI has identified which startups in the space have so far raised the most funding from VCs. AdvertisementThe AI revolution shows no signs of slowing down, and some VCs are turning their attention to a new corner of the market: generative AI coding and copilot startups. "I'm really high on AI coding assistants," Menlo Ventures partner Tim Tully recently told Business Insider.

Persons: —, Tim Tully, Kanu Gulati, PitchBook, Elad Gil Organizations: Service, Menlo Ventures, Business, Khosla Ventures, Lightspeed Venture Partners Locations: VCs, Korbit, PitchBook

Learn moreThe October Prime Day event is almost over, and there are only a few hours left to get the best Amazon Prime deals. Below, we've compiled the 100+ best Prime Day deals you can get right now. Tech and gaming Prime Day dealsWhether you're an Apple aficionado looking for a good deal or a gamer yearning for a PS5, Prime Day has you covered. View at AmazonFor more highlights of Prime Day sales on Amazon products, check out our roundups of the best Prime Day Fire TV Stick deals and best Prime Day Amazon Echo deals. You can find the top sales in our guides to the best women's Prime Day clothing and shoes, men's Prime Day clothing and shoes, and Prime Day coach bags.

Persons: we've, there's, Bose, Apple, We've, it's, shams, Dyson, OmniForce, Bissell, Ashley Caitbrook, Ashley, you've, recyclables, callouts, Dyson Airwrap, ”, Gabrielle Chase, “, wardrobes, Tabby, clogs, Pullover Organizations: Business, Amazon Prime, Apple, Samsung, PlayStation, LG, Amazon, Apple AirPods, Amazon Bose, Amazon LG, Tech, Sony, Google, Slim, Air, MacBook, Amazon Apple, Amazon Samsung Galaxy Watch, Galaxy Watch, Garmin, Amazon Samsung, Galaxy, Alexa, Kindle, Casper, Pillow, Dyson, Upright, Bissell, AMD, futon, Amazon Philips, Chatelet Air, DELTA, Delta, Philips, Adidas Locations: Amazon, Keurigs

The best Amazon Prime Day dealsKeep checking in on our curated deals list below, as we'll be updating it throughout the event with our latest Prime Day picks. Tech and gaming Prime Day dealsThis will be one of the busiest sections of the October Prime Day sale, and some absolute bangers are live already. View at AmazonKitchen Prime Day dealsLooking for a Prime Day pick-me-up? View at AmazonStyle and beauty Prime Day dealsIt's not all high-end electronics on Prime Day. View at AmazonAmazon Prime Day FAQsWhen is Amazon Prime Day?

Persons: We'll, we've, we'd, You'll, Bose, Apple, LG's, 120Hz, HLG, OmniForce, Bissell, Loren, LQ, seltzer, It's, I've, Skip, shams Organizations: Business, Amazon Prime, Deal, Tech, Apple, Deal Sony, Slim, Alexa, Kindle, Google, Amazon Samsung Galaxy Watch, Galaxy Watch, Amazon, Sony, Apple AirPods, LG, Samsung, Dolby, HLG Smart, Amazon LG, Chatelet Air, Bissell, DELTA, Delta, Barista, REVLON, Revlon, Amazon Braun, Braun

☆ Ambient AI might be listening in on your next doctor's appointment: What it is, and what it means for patients
▼ + stars: | 2024-10-08 | by ( Renée Onque | ) www.cnbc.com time to read: +4 min

There might be another listener in the room at your doctor's appointments now or in the near future: ambient AI. Ambient AI is a technology that records and automates transcripts of conversations in real time — like a scribe. Over 15,000 patient visits were conducted "using this type of ambient AI technology to augment the documentation," he says. Seliby Perkins is prepared for patients to either decline the use of ambient AI during their visits or have a lot of questions about how it works. Prior to implementing ambient AI at TGH, the hospital set up an AI governance group with physicians, ethicists and experts in compliance, risk, privacy and security.

Persons: Nishit Patel, Patel, LaTasha Seliby Perkins, Seliby Perkins Organizations: Tampa General Hospital, Georgetown University, Tampa General Hospital physicians Locations: Tampa

View at Amazon What we like Check mark icon A check mark. Includes 4K Blu-ray disc drive to play physical games discs and moviesCheck mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark. View at Amazon What we like Check mark icon A check mark.

Persons: We'll, we've, you'll, I'm, we'd, You'll, Apple, LG's, 120Hz, HLG, vacuums, seltzer, shams, Dyson, OmniForce, Bissell, Loren, LQ, It's, I've, Skip Organizations: Business, Amazon Prime, Deal, Apple, Deal Sony, Slim, Alexa, Kindle, Google, Amazon Samsung Galaxy Watch, Galaxy Watch, Amazon Samsung, LG, Sony, Samsung, Amazon, Dolby, HLG Smart, Amazon LG, Chatelet Air, Barista, DELTA, Delta, Dyson, Bissell, REVLON, Revlon, Amazon Braun, Braun Locations: Delsey

But investing in the stock market should be boring rather than exciting. While some hands-on traders approach betting on the stock market similarly to betting money on sports, the truth is they should have very little in common. Compared to sports betting, investing in the stock market should be "non-adrenaline focused," Egan said. While an explosion of confetti might make trading stocks more entertaining, investing in the stock market should be boring. Historically, the average stock market return is about 10% each year.

Persons: —, Dan Egan, Egan, Robinhood, doesn't, you'll, Ally Invest Organizations: Sports, Service, University of California, University of Southern, SoFi, Ally Locations: Massachusetts, Los Angeles, University of Southern California

☆ Chipotle CSO Jack Hartung says there's 'macro resistance' to inflation from California consumers
▼ + stars: | 2024-10-01 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

In a Tuesday interview with CNBC's Jim Cramer, Chipotle CSO Jack Hartung discussed business in California since the burrito-maker upped prices in April, saying there's "macro resistance" from consumers to inflation across the industry. "Our read on California is less about resistance to our price increase, and it's more of a macro impact," Hartung said. "Because when you look at the restaurant industry, the restaurant transactions are down for everybody." The company raised prices in the state by about 7% to offset the new higher minimum wage regulations for fast-food workers, which raised the mandated hourly rate from $16 to $20 per hour. Chipotle beat Wall Street's expectations during its last quarter and reported growing market share and restaurant transactions across every income level.

Persons: CNBC's Jim Cramer, Jack Hartung, Hartung, There's Organizations: CNBC Locations: California

☆ Microsoft's GitHub gives clients option to keep sensitive code in EU only, in data sovereignty push
▼ + stars: | 2024-09-24 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

Firms will be able to control the "data residency" of software code stored on GitHub — effectively meaning they can decide which regions the data is kept in. GitHub Enterprise Cloud is a paid product the firm only offers to businesses. "The EU has been in the center of this [data residency] movement since the beginning of the cloud days." Going forward, GitHub plans to roll out data residency within its GitHub Enterprise Cloud across other regions, including Australia, Asia, and Latin America. EU push for digital 'sovereignty'GitHub's data residency push ties into a broader political and regulatory theme within the EU around so-called digital "sovereignty."

Persons: GitHub, Jonathan Raa, —, Thomas Dohmke, Dohmke, Shelley McKinley, Mario Draghi, Draghi, GitHub's Dohmke, it'll Organizations: Microsoft, Nurphoto, Getty Images Microsoft, European Union, EU, Companies, CNBC, European Central Bank Locations: Europe, Australia, Asia, America, EU, China, France, Finland

☆ Exclusive: Healthcare AI startup Tennr is raising fresh cash from Lightspeed Venture Partners just months after its A16z-led Series A
▼ + stars: | 2024-09-24 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +3 min

Read previewTennr, an A16z-backed startup using AI to replace faxes in healthcare, is raising a Series B round just seven months after its Series A. The startup is grabbing fresh cash from Lightspeed Venture Partners, according to two people with knowledge of the efforts. Those two people said Lightspeed preempted the fundraising efforts, approaching Tennr before the startup set out to raise more money. AI startups like Perplexity and Groq are reportedly tacking on more funding right now after closing big deals earlier this year. Some investors are taking the same approach with healthcare AI startups.

Persons: —, Tennr, Andreessen Horowitz, clamor, Forbes Organizations: Service, Lightspeed Venture Partners, Lightspeed, Business, Menlo Ventures, A16z Locations: Tennr, A16z . New York

☆ Influencer app Node's $13 million sale shows how central tech and AI have become to talent management
▼ + stars: | 2024-09-17 | by ( Dan Whateley | ) www.businessinsider.com time to read: +4 min

Read previewThe talent-management agency Dulcedo Group acquired the influencer-marketing app Node in a July deal that valued the company at around $13 million, Node's cofounders told Business Insider. The deal shows how important tech products, including artificial-intelligence tools, have become in the talent and marketing industries. Founded in 2008 as an agency for more traditional media talent, Montreal-based Dulcedo Group has recently been on a buying spree, announcing in November it acquired creator talent agency Influence+All and PR firm Sundae Creative. Related storiesThe cofounders ultimately connected with Dulcedo Group, which put in an offer to acquire Node. Dulcedo Group was drawn to the company's technological expertise and roster of micro influencers, Faraji told BI.

Persons: —, Node's cofounders, Cofounders Armin Faraji, Mackenzie Dérival, Faraji, Stagwell, Dérival, they're, It's Organizations: Service, Dulcedo Group, Business, Publicis, Stagwell, Sundae Locations: Montreal, Dulcedo

☆ A General Catalyst-backed startup is mass-buying virtual care tech from big players like Walmart. Here's why Fabric is still betting on telehealth.
▼ + stars: | 2024-09-17 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +6 min

Read previewHealthtech startup Fabric launched out of stealth in March 2023 to help patients get care faster and automate administrative work for providers. In June, Fabric bought Walmart's virtual care business, MeMD, after the retailer announced it would shutter its 51 health clinics. MeMD was Fabric's third acquisition — the startup previously bought asynchronous virtual care platform Zipnosis from Bright Health, as well as generative AI startup Gyant. The startup has acquired TeamHealth VirtualCare, the virtual care business inside giant physician practice group TeamHealth, Business Insider has learned exclusively. While virtual care saw a tsunami of VC interest during the pandemic, investors and healthcare companies alike are now pulling back.

Persons: —, it's, MeMD, TeamHealth VirtualCare, UnitedHealth Group's Optum, Aniq Rahman, Rahman, we've, Hemant Taneja, Commure, We've, Moat Organizations: Service, Fabric, Bright Health, Business, Google Ventures, Salesforce Ventures, General Catalyst, Bright, Walmart, Vast Ventures, Oracle Locations: Florence

☆ I quit my day job at 29 by investing in real estate. I'm now a stay-at-home dad building generational wealth for my kids.
▼ + stars: | 2024-07-11 | by ( Charissa Cheong | ) www.businessinsider.com time to read: +10 min

Read previewThis as-told-to essay is based on a transcribed conversation with Matt Krueger, 30, about building income from rental properties in Des Moines, Iowa. Related storiesBetween 2017 and 2021, our rental income averaged $1,200 to $1,500 monthly, taking into account money set aside for mortgage payments. I was inspired to try short-term rentals and quit my day job in 2022One day, I listened to a podcast about short-term rentals and Airbnb. AdvertisementOne downside of short-term rentals is the increased adminIn 2023, we made around $97,000 in revenue from long-term rentals and around $143,000 from two short-term rentals. In May this year, we opened our third short-term rental, hoping to increase our revenue even further.

Persons: —, Matt Krueger, who's, I'd, We've, I've Organizations: Service, Business, Facebook Locations: Des Moines , Iowa, Des Moines, Airbnb, Texas

☆ UiPath to lay off 10% of workforce in companywide restructuring
▼ + stars: | 2024-07-09 | by ( Todd Haselton | ) www.cnbc.com time to read: +2 min

Daniel Dines, Co-founder & CEO at UiPath addresses the audience during the third day of the Web Summit 2021 at Parque das Nacoes in Lisbon. UiPath , a developer of automation software, is cutting 10% of its workforce, or about 420 jobs, as part of a broader restructuring, the company said in filing with the SEC on Tuesday. Most of the layoffs will be implemented by the end of the first quarter of fiscal 2026, the company said. UiPath shares dropped about 7% on Tuesday and have now lost more than half their value this year. UiPath said Tuesday that it expects to incur $15 million to $20 million in costs related to the layoffs, and total restructuring costs between $17 million and $25 million.

Persons: Daniel Dines, UiPath, Rob Enslin, — CNBC's Rohan Goswami Organizations: Parque das Nacoes, SEC, Nasdaq Locations: Lisbon, UiPath, U.S

☆ Walmart says automating its warehouses will actually give workers longer careers
▼ + stars: | 2024-06-26 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Warehouse work is physically taxing, with employees moving thousands of pounds per day. As Walmart automates distribution centers, new robots and forklifts are lightening the load. CFO John David Rainey says Walmart's labor-saving automation may add a decade to workers' careers. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWarehouse work is one of the most physically taxing jobs in the digital age.

Persons: John David Rainey, — Organizations: Walmart, Service, Bank of America's London Investor Conference, Business

☆ Walmart sees a bonkers improvement when it automates a warehouse
▼ + stars: | 2024-06-13 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +1 min

Walmart's 4,600 US stores are supported by a network of 42 regional distribution centers. Of those 42, there's "some level of automation" at 15 of them, CFO John David Rainey said. When a DC is automated, Rainey said it sees as much as a 4X leap in efficiency. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Of those 42 DCs, Walmart CFO John David Rainey said the company has 15 that now have "some level of automation," serving about 1,700 stores.

Persons: John David Rainey, Rainey, — Organizations: Service, Walmart, Business

☆ UiPath shares tank 30% after company announces CEO shakeup
▼ + stars: | 2024-05-29 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Daniel Dines, billionaire and co-founder of UiPath Inc., at the automation software company's offices in Bucharest, Romania, on Thursday, May 20, 2021. UiPath shares plunged more than 30% on Wednesday after the software company said CEO Rob Enslin is resigning effective June 1, and being replaced by co-founder Daniel Dines, who stepped down as co-CEO on Jan. 31. Dines co-founded UiPath in 2005 with Marius Tirca. The company makes software which automates repetitive and "menial" tasks, but its stock has suffered under Enslin's sole leadership. Shares are down 26% year-to-date, after the company debuted in one of the largest U.S. software IPOs ever in 2021.

Persons: Daniel Dines, Rob Enslin, UiPath, Enslin, Dines, Marius Tirca, — CNBC's Ari Levy Organizations: UiPath Inc Locations: Bucharest, Romania, U.S

☆ An AI-powered adtech startup wants to automate the busy work in ad operations. Read the pitch deck it used to raise $3 million.
▼ + stars: | 2024-05-16 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Thousands of ad operations professionals log in daily to several different adtech platforms, setting campaigns live, tinkering with budgets and targeting, and producing reports. AdvertisementThe no-code platform allows users to use natural-language prompts to configure different "autopilots" across the various platforms they use. An ad-operations professional at a streaming company might use PilotDesk to automate tasks related to managing orders, campaign tracking, and post-campaign reporting. Check out the key slides from the pitch deck that helped PilotDesk secure $3 million in seed funding.

Persons: —, PilotDesk, Joe Hirsch, Hirsch, Phil Herget, Herget Organizations: Service, Business, Google, Labor, Ardent Venture Partners, Roster Capital, Ardent

☆ Making the power grid 'smart' could save us all money and prevent blackouts. Chattanooga made the $280 million investment.
▼ + stars: | 2024-05-02 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +13 min

Chattanooga's utility built a $280 million smart grid, creating $2.7 billion in economic value. The local utility, called EPB of Chattanooga, spent $280 million to refurbish its power system with smart technologies to make a "smart grid." The traditional power grid carries electricity from a power plant to homes and commercial buildings. Smart grids can bring huge economic benefitsEven Congress knows the nation needs a smart grid. Though a smart grid requires a big up-front investment, it can save a lot of money down the line.

Persons: —, That's, Tiago Majuelos, Monika Skolimowska, Kevin Schneider, Schneider, Joshua Rhodes, David Wade, EPB, Wade, Taylor, David Swanson, We're Organizations: Infrastructure, Service, Chattanooga Smart, US Department of Energy, Wall Street, Getty, Pacific Northwest National Laboratory, American Society of Civil Engineers, University of Texas, Department of Energy, C Electric Company, BI, Reuters, Nationwide Locations: Chattanooga , Tennessee, Chattanooga, Tennessee, EPB, California, Austin, Hamilton County, Palm Springs , California, Columbia, Southern California

☆ AI tools from Microsoft and Google are just streamlining middle management, leading AI expert says: WSJ
▼ + stars: | 2024-04-27 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Microsoft Copilot and Google Gemini have been advertised as AI-powered productivity tools. But Ethan Mollick, a leading AI expert, has a more cynical view of the products. Copilot automates middle management while Gemini makes surveillance easier, he told WSJ. AdvertisementMicrosoft and Google rolled out their own AI-powered productivity tools last year, touting them as products that could revolutionize how people work. This story is available exclusively to Business Insider subscribers.

Persons: Ethan Mollick, —, JP Morgan Organizations: Microsoft, Google, Gemini, Service, University of Pennsylvania's Wharton School of Business, White, Business

☆ Fintech ValidMind aims to ease Wall Street's AI risk management headaches. Here's the pitch deck it used to raise $8 million in a round led by Point72 Ventures.
▼ + stars: | 2024-03-28 | by ( Bianca Chan | ) www.businessinsider.com time to read: +3 min

Wall Street firms know the pains of having to satisfy regulators, and with advancements in artificial intelligence, there's a whole new level of scrutiny and complexity. It involves quality-and-assurance teams who test, verify, validate, and challenge the AI models before they go into production and report issues back to the engineering team to fix. In some cases, banks' technology teams are spending at least half their time documenting models for compliance, Jonas Jacobi, cofounder of fintech startup ValidMind, told Business Insider. AI models are often compared to a "black box" because it can be difficult to understand their decision-making or how the models arrive at their results. With the new injection of capital, ValidMind will build more features, like one aimed at automating the risk management of third-party vendor solutions.

Persons: Banks, Jonas Jacobi, Jacobi, ValidMind, Steve Cohen's, Mehdi Esmail, Andres Rodriguez Organizations: Business, Point72 Ventures, American Express, Third Prime Ventures, York Life, Jacobi, Technologists Locations: Palo Alto, Calif, Wall, ValidMind

☆ I've made over $50,000 building AI tools for businesses. My main challenge: managing clients' expectations.
▼ + stars: | 2024-03-16 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

The 25-year-old's mission is to help clients make more money using large language models. Now, I run a consultancy that tries to help companies grow using AI — and business has been booming. Most projects use AI models from leading LLM providers like OpenAI, Anthropic, and Cohere. My main advice for businesses interested in adopting AI is to familiarize yourself with large language models and how they could be used to address specific pain points. After that, collect as much data as possible — from meeting recordings to marketing materials — that can be used to fine-tune the AI models.

Persons: Sasha Aptlin, —, ChatGPT, I've, that's Organizations: Service, Founders Locations: Dubai and New York, chatbots, San Francisco

☆ This ex-Googler's startup makes implementing AI simpler. Check out the 9-slide pitch deck RapidCanvas used to raise $7.5 million.
▼ + stars: | 2024-03-13 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +1 min

Texas-based startup RapidCanvas has emerged from stealth with a $7.5 million seed round. A startup that helps businesses to use AI more efficiently has just emerged from stealth with a $7.5 million seed round. Texas-based RapidCanvas bills itself as "an AI platform built for business professionals," said cofounder and CEO Rahul Pangam. Often, businesses assign the task of operating AI platforms to data analysts or engineers, who have some technical understanding of AI. RapidCanvas has developed an AI platform that automates the use of such AI tools — especially those that are more complex — so more business professionals can adopt them.

Persons: Rahul Pangam, RapidCanvas Organizations: Business Locations: Texas

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