AI Startups Raised $1.4B Last Week
Last week AI startups raised $1.4B in venture funding and there were announcements from Anthropic, CoreWeave, Proflent, and more 👇
This Week in AI 🗞️
Generative AI Meets Gene Editing
As the NYT reports, a startup called Profluent has been developing an AI system that analyzes extensive biological data to design OpenCRISPR-1, a new gene editor.
- OpenCRISPR-1 is open-source, available for free to researchers and companies, helping accelerate progress in gene editing.
- Though not yet tested in clinical trials, OpenCRISPR-1 shows potential for precise, efficient DNA editing. Learn more.
Anthropic launches mobile app & team plan for businesses
- Anthropic's new enterprise team Plan gives businesses priority access to Claude 3 models and more administrative controls. The plan allows more chats per user and a 200,000-token (~150,000-word) context window.
- Claude 3 iOS App: Anthropic also launched an iOS app, offering access to Claude 3's capabilities, including image analysis and chat syncing across devices. Learn more.
AI Startups to Watch 🚀
Here are a few of our favorite AI startups that raised venture funding this week:
- Raised: $1.1B Series C Round
- What they do: CoreWeave is a cloud provider that offers computing resources for blockchain and other projects. CoreWeave builds cloud solutions for compute-intensive use cases - AI, VFX, Computational Chemistry, and Pixel Streaming- up to 35x faster and 80% less expensive than the large, generalized public clouds.
- Raised: $106M Series D Round
- What they do: Blaize is a leading provider of a proprietary purpose-built, full-stack hardware architecture and low-code/no-code software platform that enables edge AI processing solutions at the network’s edge for computing in multiple large and rapidly growing markets — automotive, mobility, retail, security, industrial automation, medical devices, and many others.
- Raised: 58M Series C Round
- What they do: AiDash is making critical infrastructure industries climate-resilient and sustainable with satellites and AI. Using their full-stack SaaS solutions, customers in electric, gas, and water utilities, transportation, and construction are transforming asset inspection and maintenance and complying with biodiversity net gain mandates and carbon capture goals.
- Location: San Jose, California
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