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Y Combinator Backed Clueso Bags Funding To Provide AI-Powered Video Creation Tools
Inc42
·
1y ago
Medial
Enterprise tech startup Clueso has secured $1.4 million in seed funding, led by f7 ventures and with participation from Y Combinator. Founded in 2023, Clueso uses generative AI to assist companies in creating instructional videos and documentation for training employees and customers. The AI technology automates tasks such as removing fumbling from videos and providing a professional AI voiceover. The funding will be used to expand the team. Clueso was also selected for Y Combinator's winter cohort. The market for generative AI in India is predicted to reach $17 billion by 2030.
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Y Combinator-backed AI startup Crux raises $2.6 million in funding
Economic Times
·
1y ago
Medial
Y Combinator-backed AI startup Crux has secured $2.6 million in seed funding. The funding round was led by Emergent Ventures, with participation from Y Combinator and Neon Fund. Crux, founded in 2022, helps B2B SaaS teams build embedded AI copilots that can answer questions about business data in plain language. The startup has received support from industry veterans in product and technology. Crux has gone through multiple pivots before arriving at its current form.
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YC-backed AI browser offers free access to OpenAI agents
Inshorts
·
3m ago
Medial
Hyperbrowser, a Y Combinator-backed AI browser agent, has launched HyperPilot. It is a free browser that allows users to test and compare AI-powered browser agents like OpenAI CUA, Anthropic Claude Computer Use, and Browser Use without the high costs. It is a tool designed to make AI browser agents more accessible.
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YC-backed Weekday raises $2.2M in a seed round led by Venture Highway
IndianStartupNews
·
1y ago
Medial
Y-Combinator-backed startup Weekday, helping companies hire engineers, has raised $2.2 million in a seed funding round led by Venture Highway, with participation from other notable investors.
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Instant loan provider Yenmo secures fresh funding from Y Combinator, other investors
VCCircle
·
4m ago
Medial
Yenmo, backed by Y Combinator, has secured over $1 million in funding from Y Combinator, Pioneer Fund, Zaka VC, and angel investors. The funds will help Yenmo expand its product offerings, including new secured lending products and a savings account with higher interest rates and better liquidity access. Yenmo also plans to enhance its digital platform for a seamless loan process, aiming for market growth through infrastructure expansion and a skilled team.
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Adobe’s new GenStudio platform is an AI factory for advertisers
The Verge
·
1y ago
Medial
Adobe has unveiled GenStudio, an AI-powered ad creation platform that aims to simplify the use of the company's generative AI tools for marketing campaigns. GenStudio acts as a centralized hub for creating promotional campaigns, offering brand kits, copy guidance, and generative AI-powered tools to generate backgrounds and maintain brand consistency. The platform also allows users to quickly create ads for various social media platforms. GenStudio will provide insights on the performance of attributes, generated assets, and campaigns to inform future AI prompts. Adobe's GenStudio is currently in alpha, with pricing varying for different companies. Adobe also introduced an AI assistant for Adobe Experience and Firefly Services, which provide AI-powered tools for automating creative tasks.
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LanceDB raises $30 million for multimodal AI data infrastructure
Economic Times
·
22d ago
Medial
LanceDB, an AI data infrastructure company, raised $30 million in a Series A funding round led by Theory Ventures, alongside CRV, Y Combinator, Databricks Ventures, and Runway. Their platform supports AI companies in developing multimodal AI models that process diverse data types such as text, video, images, and audio. As AI models expand, LanceDB plays a crucial role in managing cloud-based data systems, enabling sophisticated AI workflows that mimic human interaction with software applications.
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a16z-backed AI video generator Irreverent Labs raises funding from Samsung Next
TechCrunch
·
1y ago
Medial
Irreverent Labs, a startup based in Bellevue, Washington, has secured funding led by Samsung Next. The company offers AI technology that enables users to create videos from various inputs, including images, text, and audio. While initially known for a robot cockfighting game using NFTs, Irreverent Labs has shifted its focus to AI-driven content creation. The recent funding round, the amount of which remains undisclosed due to Samsung's policy, will support the development and expansion of its AI-powered video creation platform. The startup aims to make video content creation more accessible to a wide range of users.
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Indian Founders' AI startup for workplace surveillance sparks global outrage
Inshorts
·
4m ago
Medial
A demo from Optifye.ai, a member of Y Combinator's current cohort, sparked global outrage after being termed as 'dystopian surveillance software for sweatshops'. Founders Kushal Mohta and Vivaan Baid's software helps factory owners know who's working and who isn't using AI-powered security cameras. Y Combinator shared a demo featuring the founders on social media but deleted it following outrage.
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TechCrunch Minute: YC’s Demo Day highlights our AI startup bubble
TechCrunch
·
1y ago
Medial
Y Combinator recently hosted its demo day event, featuring hundreds of startups that went through its program. The event showcased a variety of startups, with a particular focus on AI. However, there were also other trends and highlights on display during the event. Accelerators, such as Y Combinator, play a crucial role in the startup ecosystem by providing funding and guidance to founders. Y Combinator's demo day is always highly anticipated due to its track record of backing successful startups.
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Adobe acquires Indian generative AI startup Rephrase.ai
Economic Times
·
1y ago
Medial
Adobe has acquired Bengaluru-based startup Rephrase.ai, which specializes in AI-powered video creation. The acquisition will enable Adobe to integrate Rephrase's generative AI video capabilities into its Creative Cloud platform, offering enhanced video content tools to its customers. This marks Adobe's first entry into the generative AI and video-tooling space and the first acquisition of an Indian startup by the company. The deal includes a complete cash exit for Rephrase's investors and the majority of the team joining Adobe. The exact deal size has not been disclosed.
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