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- Number of companies with a designated head of AI position almost tripled, Adobe releases Acrobat AI to summarize documents and answer questions
Number of companies with a designated head of AI position almost tripled, Adobe releases Acrobat AI to summarize documents and answer questions
Top News
The number of companies with a designated head of AI position or a chief AI officer (CAIO) has almost tripled globally in the past five years. - Link
Adobe releases Acrobat AI Assistant to summarize documents and answer questions about them for $4.99/month, an “early access” rate, and a mobile version in beta. - Link
Singapore-based used car marketplace Carro raised ~$100M in pre-IPO funding at a $1.5B+ valuation and reports its first annual operating profit. - Link
OpenAI opens a Tokyo office, releases a Japanese language GPT-4 model, and taps former President of AWS Japan Tadao Nagasaki to woo enterprises in the country. - Link
Adobe says it is in the early stages of developing a way to let Premiere Pro users tap AI models from OpenAI, Runway, and Pika Labs to generate and use video. - Link
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This Week in Startups
E1931: Sunny and Jason explore recent AI developments, including Udio AI's new music creation tool and the potential legal challenges with AI-generated content, alongside demonstrations of other AI technologies like Aqua. They also discuss a new legislative proposal by Adam Schiff that would require AI companies to disclose when copyrighted art is used. - Watch
E1930: David Weisburd, Tomasz Tunguz, David Clark and Jason discuss the emerging trends in AI startups, focusing on the importance of the founding team and changes in early-stage valuations and funding rounds. Additionally, Tunguz shares insights from his experience in raising a venture capital fund and managing investment strategies in a dynamic market environment. - Watch
E1929: Alef CEO Jim Dukhovny discusses the company's innovative approach to vertical takeoff and landing (VTOL) and flying car technology. The conversation also explores Alef's future vision for autonomous flying cars, including safety features like ballistic parachute systems. - Watch
E1928: Ramin Hasani, CEO and co-founder of Liquid AI, discusses the company's focus on liquid neural networks inspired by biological systems, showcasing their efficiency and potential in applications like autonomous driving, data ownership, and societal impacts. - Watch
E1927: David Weisburd, Apurva Mehta, Jack Altman and Jason Calacanis discuss investment strategies, the growing interest of pension funds like CalPERS in venture capital, and the implications of higher liquidation preferences for later-stage investments. - Watch
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