Klarity’s Post

We came across an intriguing article by CNBC highlighting the 2024 Disruptor 50 companies, and we're excited to share that four out of the top 15 disruptors are part of Axevil Capital's investment portfolio! 🎉 It's fantastic to see Stripe, Databricks, Anthropic, and Scale AI recognized for their significant contributions to the industry. These companies are at the forefront of innovation, driving the future with their cutting-edge technologies. 🌟Stripe: Leading the way in online payments, facilitating over $1 trillion in transactions. 🌟 Databricks: Transforming data and AI solutions with their pioneering platform. 🌟 Anthropic: Advancing AI safety and research to new heights. 🌟 Scale AI: Providing essential AI data solutions to businesses worldwide. We are incredibly proud to support these companies and their missions. Thank you, CNBC, for this insightful recognition. Read the full article: https://lnkd.in/diSYSSdQ

It's been a joy to share how AngeLink is leading the way as the first crowdfuning platform to leverage AI to drive customer success. Learn more in my Forbes Technology Council article here:

🗞What's new this week: 📌Anthropic 's "Collective Constitutional A.I." experiment gathered input from 1,000 Americans to establish principles for AI usage. The goal: guide chatbots to handle sensitive topics in line with human values. 📌Greycroft , the VC firm, is all in on AI startups. They're restructuring and AI-focused, with two long-time partners departing. Co-founder Alan Patricof calls AI a "profound revolution." 📌Marc Andreessen's "The Techno-Optimist Manifesto" highlights tech's power to tackle global issues. But not everyone's on board - TechCrunch questions if he truly understands the people he aims to serve. 📌Luzia, the AI assistant startup, just secured €9.5M in funding. They're bringing AI chatbots to WhatsApp and Telegram, making AI more accessible. Over 17M users have interacted with Luzia so far! 📌Flanks, the open wealth platform startup, raised $8M in a Series A round. They offer a single API for real-time, aggregated wealth data across custodians, serving over 300 banks worldwide. 📌Stripe's A2A innovation: European customers of merchants will soon have the option to use A2A card-based payments, bypassing traditional POS terminals. Stripe's technology is behind this move. 📌Patreon acquires @moment, a platform for events and ticketed experiences. Patreon creators can look forward to exciting new features, with livestreaming high on the list. Read the full stories and dive deeper into the tech world here: https://bit.ly/3tMHIda Stay tuned for more next week!

Exciting update: Rasa has just closed a $30 million Series C funding round! This milestone reflects the hard work and dedication of our team and signals the growing importance of conversational AI in creating meaningful customer experiences. With these new resources, we're poised to push the boundaries of AI further, ensuring businesses can leverage the best in AI technology. Let's reshape the future of digital interactions together.  #ConversationalAI #GenerativeA

Let’s be honest: FOMO and FUD drive companies to take action. Over the decade from roughly November 2013 to November 2022, unicorn startups created a lot of FOMO and FUD inside Global 1000 companies. Uber, Lyft, Cruise, and Tesla were going to change how we got around, threatening the dominance of carmakers. Stripe and a zillion crypto startups were going to change how banking and payments worked. Airbnb was going to disrupt hotels, and WeWork commercial landlords. A lot of consultants, gurus, and keynote speakers — myself included — pointed to these unicorn companies, how much capital they were raising, and how fast they were growing (forget profits), and branded them a serious threat to the incumbents in every industry. The FUD and FOMO that spawned hundreds of innovation labs, Chief Digital Officer and Chief Innovation Officer roles, and scouting outposts in Silicon Valley and Boston probably was already pretty much played out by November 2022, the month that OpenAI unveiled ChatGPT. We certainly saw a lot of those jobs and places start to vanish — a trend that unfortunately has continued into 2024. We’re now in the era of AI FUD and FOMO. It was sparked by ChatGPT and some of the other generative AI services that followed. But for smart companies, this era will also be about leveraging all kinds of artificial intelligence, machine learning, and automation. If you’re a leader or team member (or an outside consultant) involved with helping to address the big questions around leveraging AI, you’re in a good place. If you’re part of a “general purpose” innovation group that is getting boxed out of those discussions, I would be sweating. Same for consultants offering “general purpose” innovation advice and support that does not plug into the AI transition. * This is the opening of a longer piece that we published for InnoLead members earlier this month (link in the first comment), but I'd love to see what positive and negative dynamics you're seeing right now around AI FUD and FOMO. (There are certainly lots of newly-minted AI gurus here on LinkedIn!) Curtis Michelson Keith Hopper Paul Baier Ra'ad Siraj Jan Beránek Philippe De Ridder Thomas Neubert Laura Northridge Sean Bayrakal Boris Pluskowski 🔮Kes Sampanthar ✨ Marcelo De Santis Russell Rogers Scott Emmons #AI #generativeAI #corporateinnovation

I'm excited to announce that we have successfully raised $30 million in our Series C funding round. This significant achievement is a testament to the hard work, dedication, and vision of our entire team. It also reflects the strong belief our investors have in our mission to revolutionize the way businesses engage with their customers through conversational AI. This funding is a vote of confidence in our technology, our people, and our strategy to lead the conversational AI space. This investment will accelerate our efforts to innovate and expand our reach, ensuring that we can continue to deliver cutting-edge AI solutions that are both impactful and accessible. Our commitment to redefining customer interactions remains unwavering, and with this new funding, we are even better positioned to drive significant advancements in AI technology. I am excited about the future of Rasa and the transformative impact we will have on businesses and their customers worldwide. Together, we are shaping the future of communication, one conversation at a time. #ConversationalAI #Tech #Innovation #Business #Investment #Rasa #AI #GenerativeAI

We're excited to share that Rasa has secured a $30M Series C investment, co-led by StepStone Group and PayPal Ventures, with support from Andreessen Horowitz, Accel, and Basis Set Ventures. This milestone marks a significant leap forward in our journey to lead the conversational AI space. This new funding will fuel our mission to redefine what's possible with generative AI, enhancing our platform to transform business-customer interactions. With a focus on innovation, we're set to elevate our AI solutions, ensuring they're more adaptive, intuitive, and impactful than ever before. Rasa is revolutionizing conversational AI, merging the latest in AI technology with the specific needs of businesses to create truly personalized and efficient customer experiences. As we embark on this next phase of growth, we're more committed than ever to pushing the boundaries of AI technology to deliver exceptional value to our clients and their customers. Read the press release to learn more: https://lnkd.in/eUUpyvPH. #ConversationalAI #Tech #Innovation #Business #Investment #Rasa

Looks a bit like AI is the new crypto. Many people talk about it, yet few know what to do with it. Given how hard it is for large companies to adopt new technologies, it seems no wonder that many startups shine in making usable products. In 2-3 years, we will see numerous acquisitions when the leading players buy in the products and talents. #AI #talent #hype

Let’s start the year with mythbusting! 💥🤩 The market is exuberant about AI, and rightly so, but that exuberance has caused many VCs to lose their minds, chasing any deal with a .ai domain name. Here are the so-called “myths” of AI investing for you to check out: 💣 Myth No. 1: Being the first mover is crucial. Some believe that being the first to enter the AI market is a big advantage, but it's not always true. Being well-funded and entering early can mean educating customers on new behaviors, making it easier for later competitors to benefit from your groundwork. 💣 Myth No. 2: Exciting products equal successful businesses. Although there are many impressive AI demonstrations, not all of them will turn a profit. The excitement of a product doesn't always translate to its potential as a successful business. 💣 Myth No. 3: Established companies are slow and unintelligent. Despite the idea that big tech companies are slow, they dominate the S&P 500. Disrupting them with AI is challenging because they are highly aware of AI, possess significant talent, control vast amounts of data, and invest heavily in the technology. More here: bit.ly/3Rp3qxb #TripleS #3SVC #venturecapital #AI #startups #investment #myths

As the AI Gold Rush Barrels Forward, VCs Explain What Kind of AI Startups They Actually Want to Invest In   The key: finding a niche that's hard to replicate.   https://lnkd.in/ebq6FV-r   The recent article on AI investments highlights how venture capitalists are focusing on AI startups that address specific business needs and offer hard-to-replicate solutions. At 1606 Corp., we align with this insight, which is why we developed our IR Chat solution. As the article mentions, the AI landscape is crowded with hype, but true value lies in tools that solve real-world problems. Our IR Chat platform exemplifies this by providing real-time, personalized communication channels for public companies and investors, enhancing transparency, engagement, and efficiency in investor relations.    This innovative solution positions 1606 Corp. at the forefront of AI-driven transformation in the financial sector, demonstrating our commitment to revolutionizing investor communications and driving industry growth.    Experience the future of investor relations with IR Chat.   https://cbdw.ai   #chatcbdw #ai #1606corp #investing #otc #capitalmarkets #stockinvesting Greg Lambrecht ChatCBDW