MagicSchool AI, founded by former educator Adeel Khan, is a rapidly expanding technology platform that has attracted significant user growth and investor backing. The MagicSchool platform offers AI-powered tools for educators to combat teacher burnout and enhance learning experiences.
Creatio, a leader in AI-powered no-code platforms for CRM and workflow automation, has secured $200 million in funding at a $1.2 billion valuation, marking its entry into unicorn status and boosting its global expansion.
Prewave, an AI-powered supply chain risk management platform, has secured €63 million in Series B funding to expand globally and develop its superintelligence platform, addressing growing supply chain challenges and regulatory complexities for businesses.
CData Software has secured approximately $350 million in funding from Warburg Pincus and Accel to accelerate its growth and innovation in data connectivity solutions, aiming to address the increasing challenges of data integration across multiple sources.
Hugging Face has launched Open LLM Leaderboard v2, featuring new benchmarks, normalized scoring, and community-driven features to provide more challenging and meaningful evaluations of large language models.
Figma has introduced Figma AI, a suite of AI-powered features that aim to enhance designers' creativity and efficiency through visual search, productivity-enhancing tools, quick prototyping, and more. The company also emphasized its commitment to responsible AI development and data privacy.
Onehouse has raised $35 million in Series B funding to accelerate its mission of creating the most open and interoperable data platform. Onehouse also announced new product launches and shared how it addresses key challenges in data management interoperability.
AI-driven biotech startups EvolutionaryScale and Formation Bio have raised $142 million and $372 million respectively, highlighting the growing interest and investment in AI-powered drug discovery and development, a market projected to reach $4.9 billion by 2028.
OpenAI has delayed the release of ChatGPT's new Voice Mode by at least a month to improve content detection and refusal capabilities, with plans for a limited alpha launch in late July followed by a broader rollout to Plus users by fall 2024.
Stability AI has secured major investment from top-tier institutions and tech leaders appointed new leadership including Prem Akkaraju as CEO and Sean Parker as Executive Chairman. The company plans to expand its generative AI offerings while maintaining its open-source commitment.
Google is rolling out Gemini AI integration across Gmail, Docs, Sheets, Slides, and Drive, offering advanced AI-powered assistance for various tasks directly within these productivity tools.
Etched has unveiled Sohu, a revolutionary AI chip specialized for transformer models, claiming unprecedented performance and efficiency that could significantly accelerate AI development and deployment across industries.