Meta's AI Squad Gets a Superpower: Welcoming the ex-Salesforce AI CEO!

For those that are new around here, this is an extension of my weekly newsletter where I highlight new and innovative AI products that are worth exploring.

Hey hey!

Happy Wednesday!

Here’s your news in newsletter!

In this Issue:

• Your Weekly Industry News Recap

• About Last Week!

• The Raise Recap

The Headliner: Meta's AI, Now Turbocharged: Led by ex-Salesforce AI Chief!

Meta unveiled new AI tools aimed at helping businesses streamline operations and improve workflows. These solutions promise to make enterprise-level AI more accessible and effective for small and large companies alike. Learn more. In conjunction with these efforts, a conspicuous LinkedIn post signaled the announcement that the lead of this new division was none other than Clara Shih, the Salesforce CEO of AI!

Your Weekly Industry News Recap

Some other notable news and product launches from this week

• Google’s new Gemini AI has sparked debates about its reliance on user data for training. While Gemini promises advanced capabilities, concerns about data ethics and privacy loom large in the industry. Read more.

• Razer’s new AI tool evaluates the environmental impact of products in record time. This innovation is helping companies make more eco-friendly decisions by offering instant sustainability assessments. Check it out.

• Ironclad's Transparent AI assistant, “Jurist,” offers unparalleled transparency in its legal processes. Businesses can now rely on AI to provide clear explanations and accurate results, enhancing trust in AI solutions. See more.

• A Singapore-based AI startup is aiming at the 100-year-old market research industry. By leveraging cutting-edge AI, the company aims to deliver faster, more accurate insights for businesses worldwide. Discover more.

• Google’s AI Mediator… AI on Conflict Resolution?
  Google’s new AI program showed surprising results in mediating human conflicts, often outperforming traditional mediators. This breakthrough highlights AI’s potential in social and interpersonal domains. Learn more.

• Haltia AI Explores 2024 Funding Trends + strategies shaping the AI landscape in 2024. They outline critical success factors for startups navigating this dynamic environment. Discover more.

• Nuggets launched a suite of AI-powered authentication products designed to improve identity security. This innovation aims to redefine how digital identities are managed in the age of growing cyber threats. Learn more.

• WebwareAI Unveils Rivi Platform, an innovative platform to revolutionize customer interactions using AI. Its features are set to reshape how businesses engage with and support their clients. See more.

• BoostUp AI’s RevOps Survey, released the first-ever survey on the impact of compensation in RevOps. This report highlights key insights into compensation models and their influence on operations. Read more.

• ThinkAndor Launches a Virtual Nursing Platform
  Andor Health’s AI-first virtual nursing platform, ThinkAndor, is now active at Sentara Health. This innovative tool enhances patient engagement by streamlining clinical workflows. Discover here.

• OpenAI Advice for CEE Startups
  An OpenAI board member shared key advice for Central and Eastern European AI startups, emphasizing the importance of collaborating closely with academia for innovation. Read more.

• FiscalNote Leadership Transition
  FiscalNote announced a leadership succession plan to steer its next growth phase. This strategic move aims to bolster the company’s position in delivering actionable policy intelligence powered by AI. Learn more.

So… About Last Week: SaaS North

Last week, I was at SaaS North in Ottawa, Canada! Got to meet great folks, wonderful exchanges and some hilarious chats. It was a blast and I do recommend this conference! 😎

The Raise Recap - Funding Fiesta Edition! 🎉📈💰 

• Hotglue Secures $4M for Embedded Integration, raised $4 million in seed funding. This support will help the company enhance its platform, making integrations smoother and more seamless for developers. Check it out.

• Paris-based Linkup Secures €3 Million to improve ethical and efficient web access for AI. Their goal is to make AI connectivity equitable, helping bridge the digital divide with a focus on sustainability and responsibility. Read more.

• Medeloop's $15.5M Series A of funding to enhance healthcare AI systems. Backed by Inovia Capital, the company aims to improve patient care with data-driven insights and cutting-edge technology. Learn more.

• Portcast's Series A for AI in Logistics raised funding to expand its predictive AI tools. The company’s innovative solutions are set to revolutionize supply chains, making them more efficient and sustainable. Discover more.

• Writer Valued at $19B in its latest funding round. This milestone showcases the immense growth and potential of generative AI tools for businesses and creatives. Check it out.

• CoreWeave Raises $650M in a secondary sale, solidifying its position as a leading provider of AI computing infrastructure. This funding will fuel their mission to support AI startups with scalable and powerful cloud resources. See more.

• Athina AI Secures $3M Seed Funding. The Y Combinator-backed venture received funding to build innovative AI-driven education tools. Their goal is to transform how students learn, providing personalized and adaptive educational experiences. Learn more.

• Ennoventure secured $8.9 million in funding from Tanglin Venture Partners to develop its AI-powered anti-counterfeit platform. Their tech is set to tackle global counterfeiting challenges in industries like pharma and luxury goods. Discover here.

Stay well, and see you next week!

-✌🏽 Sam