Hyperplane, a San Francisco-based data intelligence startup that is building foundation models for banks, announced that it has been acquired by Brazil’s Nubank. Hyperplane was founded in 2022 by Daniel Silva, Felipe Lamounier, Rohan Ramanath and Felipe Meneses. Hyperplane focused on allowing banks to train their own models...
AI-powered language learning app Speak is on a tear. Since launching in its inaugural market of South Korea in 2019, Speak has grown to over 10 million users. Its user base has doubled every year for the last five years, and Speak now has customers in more than 40...
Last year, during the Q3 2023 earnings call, Mark Zuckerberg talked about leveraging AI to have business accounts respond to customers for purchase and support queries. Now, Meta announces AI-powered features for WhatsApp Business apps, such as helping with the creation of click-to-WhatsApp ads and...
Sword Health, an AI-powered virtual physical therapy startup, has raised $30 million and let employees sell $100 million worth of equity to new and existing investors, including Khosla Ventures. The round brings the nine-year-old company’s valuation to $3 billion, a 50% increase from the $2 billion...
Sanil Chawla remembers the meetings he had with countless artists in college. Those creatives were looking for one thing: sustainable economic infrastructure that could help them scale rather than drown them in paperwork, filings and tracking down receipts. Chawla thought he might have a solution and...
TikTok is the latest tech company to incorporate generative AI into its ads business, as the company announced that it’s launching a new “TikTok Symphony” AI suite for brands. The tools will help marketers write scripts, produce videos and enhance current assets. The suite includes...
If you live in the U.S., chances are you use apps like Venmo and Cash App to pay back your friends or split the bills with your roommates. Lydia is a French startup that also turned payments into a mobile consumer app and service. Now,...
More money for the generative AI boom: Y Combinator-backed developer infrastructure startup Recall.ai announced it has raised a $10 million Series A funding round, bringing its total raised to over $12 million. The startup has built infrastructure and a unified API that enables companies to access raw data...
Most of us have heard about how AI has the potential to transform businesses. But how are businesses actually using AI? From accelerating legal document review to generating content and code, New York-based leaders are harnessing AI to drive success and efficiency in their companies....
AI-powered tools like OpenAI’s Whisper have enabled many apps to make transcription an integral part of their feature set for personal note-taking, and the space has quickly flourished as a result. Apps like AudioPen, Cleft Notes, and TalkNotes have proliferated across app stores and the Internet,...
