Akshay Chopra’s Post

🚀 RagaAI Secures $4.7 Million to Advance AI Use Case Testing Solutions. 🌐 Founding Vision: Founded in 2022 by Gaurav Agarwal, RagaAI introduces a platform, RagaAI DNA, facilitating AI-powered enterprises in testing automation use cases, identifying issues, and providing instant fixes. 💡 Testing Prowess: RagaAI, securing $4.7 Mn in a seed funding round led by pi Ventures, claims to offer over 300 tests, addressing concerns like data drift, edge case detection, and biases, supporting LLMs, images, 3D, audio, NLP, and structured data. 📈 Risk Mitigation: The startup reduces AI risks by 90% while accelerating development over 3 times, catering to Fortune 500 companies in aerospace, automotive, insurance, finance, healthcare, and e-commerce across the US, Europe, and India. 🔬 Holistic Testing: RagaAI aims to liberate AI from human constraints, focusing on continuous improvement, with a mission to ensure quality, consistency, and reliability in AI applications. 🌍 Expansion Plans: The raised funds will be utilized for research, development, and expanding the client base in the US and Europe. RagaAI envisions a tenfold revenue increase and plans to grow its employee count from 40 to 100 in the next two years. RagaAI Inc #RagaAI #SeedFunding #AI #TestingSolutions #StartupNews #StartUpNews #BusinessNews #MicroShots #NewsUpdates

Trevor Nicks and I always talk about how your ML models are only as good as the data you use. Companies will need to have unique data to gain a competitive advantage. At Caravel Bio, we generate proprietary data using our genetically-encoded enzyme immobilization platform and feed that data into algorithms for a continuous feedback loop. A great article below by 2048 Ventures on their thesis on AI. *Food for thought: The spelling error made by ChatGPT is a commentary in itself on the fallibility of AI alone and the need for real-world validation. https://lnkd.in/gt6hipSa

$CBDW As the AI Gold Rush Barrels Forward, VCs Explain What Kind of AI Startups They Actually Want to Invest In The key: finding a niche that’s hard to replicate https://lnkd.in/eVrShRSz #chatcbdw #ai #1606corp #investing #otc #capitalmarket #stockinvesting Greg Lambrecht ChatCBDW #MemorialDay

So I came across this month-old article on #WSJ about AI startups and their struggle to get hands on data and build trust - https://lnkd.in/gg9P_Kif With #DataMint, we're flipping the script by empowering individuals to be a part of the data economy, sidestepping the awkward dance of data scavenging. Our users willingly share their data, which gives us a unique and growing data set, while the power of control and trust stays where it belongs—with the data owners. DataMint isn't just taking on these challenges, we're paving a fresh route in the data world. Let’s just say, we're shaking things up and we can't wait for you to see what's next... #AI #DataEconomy #Startups #DataPrivacy #DataRevolution

🚀🔊 Exciting News in AI Voice Technology! 🔊🚀 Hello, tech enthusiasts and everyday consumers alike! I'm here with a fascinating update that could change the way we interact with technology on a daily basis. Imagine a world where AI can talk to you, understand you, and respond almost instantly, just like a real human. Well, that future is closer than you might think! At the start of this year, AI-generated voices weren't able to keep up in real-time conversations. However, Joshua Browder, the CEO of the innovative AI legaltech startup DoNotPay, has witnessed a monumental leap in the capabilities of voice generation models. These advancements have made AI voices not only faster but incredibly realistic, paving the way for more natural and seamless interactions. Why does this matter to you? Imagine canceling a subscription or asking for a refund via a phone call facilitated entirely by AI, devoid of lengthy waits and cumbersome processes. This isn't a scene from a sci-fi movie; it's becoming our reality. Moreover, startups like Hume are taking things a step further by developing technology that can detect emotions in our voices, allowing AI to respond in emotionally appropriate ways. This blend of speed, realism, and emotional intelligence in AI could revolutionize customer service, making our interactions with tech more human-like than ever before. However, it's also wise to consider the implications of such technology, including the potential for more sophisticated misinformation and scams. But focusing on the positives, these innovations could greatly enhance the convenience and efficiency of our everyday tech interactions. What does this mean for the future? We're looking at a world where AI can understand and engage with us on a deeply personal level, making technology an even more integral part of our daily lives. The possibilities are endless, and I can't wait to see where this leads. Stay tuned for more updates on this exciting journey into the future of AI communication. The era of talking to AI as naturally as we talk to each other is just around the corner! #AIRevolution #VoiceTech #FutureIsNow

 Chatsuggest: Elevating Sales Calls and Pitches with AI Conversations Chatsuggest is a beta AI tool utilizing an interview-style conversation for refining sales calls and startup pitches. Powered by the "Thi" AI hobby project, it focuses on enhancing communication strategies by providing a conversational approach. Designed for startups and sales professionals, Chatsuggest allows users to receive feedback and suggestions to improve the effectiveness of their pitches. The tool is currently in beta mode, and user input is encouraged for further development. #Chatsuggest #AIConversations #SalesCalls #StartupPitches #ThiAI #CommunicationStrategies #BetaTool #UserFeedback #SalesProfessionals #StartupPitching #TechInnovation #AIApplications #TechNews

Is this one of the best times to found a B2B AI product or Enterprise AI company? It could be. 🚀 Generative AI is breaking the norms of how we think of startups and products, really one of the best videos I've seen on the topic in recent months, by Rob Ferguson and Elad Gil. The way we think of Enterprise AI and AI B2B startups has flipped. This means that there is a window from July, 2024 to maybe December, 2025 where all kinds of interesting startups will emerge at the intersection of Generative AI, Enterprise, B2B and industries once thought too difficult. Skill gaps, Adoption cycles, this talk has it all. Tune in to an insightful conversation with Elad Gil, a prominent investors in the space, Robert Ferguson Head of Microsoft Startups, as they explore the dynamic world of AI innovation. Gain valuable insights into emerging trends, best practices, opportunities in the evolving AI landscape and discover actionable strategies for your entrepreneurial journey. Rob has the unusual title role of "Head of AI Microsoft for Startups". Elad Gil is an entrepreneur, operating executive, and investor or advisor to private companies and seems heavily invested in the Generative AI space, including co-hosing the podcast No Priors. Microsoft for Startups

2023 saw a significant decline in #venturecapital funding with only $170.6 billion injected into U.S. startups, down 30% from 2022 and 51% from 2021, according to PitchBook data. However, there was a bright spot as #generativeAI investment surged from $7.9B to $29.1B, a 268.4% increase in deal value. AI startups attracted one out of every three dollars invested in the U.S. last year, with the Bay Area receiving 49% of all AI capital. The increase in sophistication of large language models #llms has led to more applications being built that leverage those advancements in a way that is tailored to specific industries. The surge in investor interest in AI technology has been fueled by OpenAI's ChatGPT and other frontrunners like Anthropic. And like previous tech waves, its center of gravity in the U.S. lies in Silicon Valley, according to Carta data. Bay Area companies raked 49% of all AI capital—35x more than runner-up New York. Invariably, what is happening in the IT sector ITwiz editorial team reports 📣 www.itwiz.pl #technology https://lnkd.in/dGPrbf7Y

Someone had to say it. 🙌🏽 Among other news articles to drop recently, this is one I'm bringing out of the newsletter and straight to you. It's great to see a spotlight on an issue plaguing the AI Industry these days. It's AI being pushed as a standalone product rather than a critical feature of an actual product. Here's a bit of Product Fundamentals I've felt the need to hammer on: *FOCUS ON THE PROBLEM YOU'RE SOLVING!* If your AI model is not directly addressing a problem or making meaningful improvements in a way that an end user can interact with easily, you're not really offering a product. You're offering access-to-a-model-as-a-service. You're leaving a lot of value on the table. The article enabling my rant & my confirmation bias: https://lnkd.in/edHN82AY #AI #growth #startups #VentureCapital #newsletter

Our mission at xZactly.ai is very simple ... and you can read it below. But what really sets us apart is that we ✅ DO THE WORK, ✅ DELIVER THE RESULTS, ✅ MAKE IT HAPPEN. We DON'T just • TALK ABOUT IT • BILL YOU FOR IT • TAKE CREDIT FOR IT Rather we work 🏁 WITH YOUR TEAM or 🏁 AS YOUR TEAM to 🏁 DELIVER RESULTS that 🏁 ACCELERATE YOUR BUSINESS SUCCESS. If YOU ARE 👉 the Founder of an AI StartUp or High Growth company 🕘 let's find :15 minutes for a quick discussion to see: -- where you are -- where you want to be -- what we can do to help accelerate your pace to getting there. #AI #AIStartup #HighGrowth #BusinessSuccess #TeamWork #ResultsDriven #AccelerateGrowth #StartupFounder #TechInnovation #CustomerSuccess #xZactlyAI #WorkWithUs #BusinessDevelopment #QuickChat #SuccessJourney