Author: kissdev

[ad_1] Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week we are looking at AI founders who are playing musical chairs, a massive defense tech investment, and more issues at Techstars. Let’s get into it. Most interesting startup stories from the week Image Credits: TechCrunch Founders and senior executives of the hottest AI startups have been leaping around this week. OpenAI shuffle: John Schulman, one of the co-founders of OpenAI, left the company for rival AI startup Anthropic, following in…

[ad_1] AI companies are gobbling up investor money and securing sky-high valuations early in their life cycle. This dynamic has many calling the AI industry a bubble. Nick Frosst, a co-founder of Cohere, which builds custom AI models for enterprise customers, recently said on TechCrunch’s Found podcast that he doesn’t think the AI industry is in a bubble. While he acknowledges the froth, he thinks calling it a bubble discredits the companies, like his own Cohere, that are creating genuinely useful features for its customers. “Frequently I’ll run into something where I’ll see somebody using our model, and they will…

[ad_1] Box announced on Thursday that it had acquired Alphamoon, a small Polish startup that specializes in intelligent document processing, a technology that helps companies extract metadata from dense text documents — think contracts and loan applications — automatically. The companies didn’t share the purchase price, but Box CEO Aaron Levie said the acquisition provides a crucial piece of missing functionality for Box AI, the company’s underlying AI technology, to understand documents better and move them into workflows. “Alphamoon has been building the technology to solve this problem of how do you connect leading AI to the underlying document, and…

[ad_1] Among the other attacks created by Bargury is a demonstration of how a hacker—who, again, must already have hijacked an email account—can gain access to sensitive information, such as people’s salaries, without triggering Microsoft’s protections for sensitive files. When asking for the data, Bargury’s prompt demands the system does not provide references to the files data is taken from. “A bit of bullying does help,” Bargury says.In other instances, he shows how an attacker—who doesn’t have access to email accounts but poisons the AI’s database by sending it a malicious email—can manipulate answers about banking information to provide their…

[ad_1] Every day, employees across the world spend incalculable hours performing tediously repetitive tasks, such as, for example, converting documents into PDFs and then uploading them to a drive, from where it’s sucked into a database and emailed to a team. While UiPath helped pioneer this kind of ‘robotic’ process, it’s also pivoted to an AI-driven mode of operation, even as a number of startups (Signavio, Servicetrace, and others) have arrived, snapping at its heels. Now a startup, Bardeen, is launching a service that automates such work for businesses on the heels of a new round of funding.  Bardeen’s platform uses…

[ad_1] Seeking mental health support is a complex process, but some founders believe that using AI to formalize techniques like Cognitive Behavioral Therapy (CBT) can help folks who might not have access to professionals. Dr. David Burns, who has over 40 years of experience in the field of psychiatry, has now built an app, Feeling Great, based on his methods. Burns teamed up with Jeremy Karmel, who previously led growth teams at Doordash and Reddit, to build Feeling Great, which is also the title of one of Burns’s bestselling books on mental health. The company, which was found in 2022,…

[ad_1] SoundHound, an AI company that makes voice interface tech used by car companies, restaurants and tech firms, is doubling down on enterprise services by playing consolidator in a crowded market. The company said on Thursday that it is acquiring Amelia AI, which makes an AI agent that businesses can customize for internal or customer use. SoundHound is paying $80 million in cash and equity for Amelia. It’s not clear what the latter’s valuation was prior to the deal, but according to PitchBook, Amelia had raised at least $189 million, including a $175 million investment in March 2023 from BuildGroup…

[ad_1] There is no wilder time than the present to build a company around artificial intelligence. The server bills are astronomical, for one. Also the market for talent is red hot, and you’ll end up paying through the nose for good people. Even if you do get funding, staff up, get the product off the ground, and start making headway in a crowded field, there’s the specter of Big Tech looming overhead. The hypercarnivorous raptors of Silicon Valley—Google, Apple, Amazon, and Meta—will fix their steely eyes on the plump prey of your best employees and your intellectual property.But they can’t just…

[ad_1] The U.K.’s antitrust regulator has confirmed that it’s carrying out a formal antitrust investigation into Amazon’s ties with Anthropic, after Amazon recently completed a $4 billion investment into the AI startup. The news comes a week after the Competition and Markets Authority (CMA) revealed it was launching an invitation to comment into Google’s own ties with Anthropic, after the internet first invested a reported $300 million last year followed by a further $2 billion. Founded in 2021, San Francisco-based Anthropic, which has established itself as a public benefit corporation (PBC) to set itself apart from its rivals, develops large language models (LLMs)…