SPEDA’s Post

The rate at chich tech is evolving is mind boggling! Keep up or perish! Check this… interns will have the shock of their lives when they see this first time. The question of, what to and what not shouldn’t be surprising. I think cncf from that standpoint is doing us a great favor to keep track and help make sense of this tech sprawl. Need a similar leader for AI. Too many startups, too much competition, too many options. Hope consumers are benefiting. Ref; https://lnkd.in/gtRZ3xzy

🌟 Exciting Update in the World of Tech! 🌟 Thrilled to share Peter Vanham's insightful post delving into the realm of AI and Big Tech. Among the highlights, BidBerry takes center stage, signaling a thrilling shift in the tech landscape. Join us as we navigate this dynamic journey together, uncovering new insights and opportunities along the way. Stay tuned for more! #AI #BigTech #Innovation #BidBerry 🚀💻

🌍 The fascinating global startup map 🌍 The world of startups never stops amazing me. It’s incredible to see how innovation sets the pace for technology and our future. According to the latest data, the United States leads this exciting ecosystem with an impressive number of startups, and it’s no surprise with places like San Francisco shining as the global epicenter. What an exciting atmosphere that must be! And of course, a special mention goes to Spain, which ranks a well-deserved 13th on this list. Our talent and creativity are making a mark on the world, showing that there are no limits to innovation. 🇪🇸✨ Today, from my new life in the United States, I can't help but dream of finding my place in one of these startups. As a web developer passionate about artificial intelligence and Big Data, it would be an honor to be part of teams working to turn ideas into reality. 🌟 If you're also in this world or know of a startup looking for talent, I’d love to connect. Who knows, maybe together we can be part of the next great innovation story. 🚀 #Startups #Innovation #WebDevelopment #BigData #AI #MachineLearning #DeepLearning #DataScience #ArtificialIntelligence #Tech #Innovación #DesarrolloWeb #IA #InteligenciaArtificial

Just back from #WebSummit in #Lisbon, and here are my thoughts on the experience: First off, a big thank you to the organizers and everyone who made this incredible event happen. It’s not easy to bring together such a diverse crowd from all corners of the tech world. That said, I want to share a few observations: The #AI Overload – It felt more like an AI Summit than a Web Summit this year. So many startups were pitching themselves as "AI-driven" or "AI-based," but in my conversations, I found that around 70% didn’t seem to fully understand what AI really means. It’s a buzzword that’s being overused, and it left me wondering about the actual depth of innovation. #Startup #Quality – While it’s inspiring to see so many ideas and concepts, the quality of startups could be higher. About 30% of those I spoke with didn’t have a working product – they were still in the idea, concept, or video presentation stage. I hope future editions encourage more startups with tangible, working solutions. An #Inspiring #Ecosystem – Despite the above, WebSummit remains an unparalleled place to get inspired. The energy, the networking, and the exchange of ideas are second to none. I had the privilege of meeting so many amazing people, having thought-provoking conversations, and even making new friends. It’s an experience I believe everyone in the tech industry should have at least once. To sum up, #WebSummit continues to be a powerhouse of connections and inspiration. For those who attended, what were your highlights? I’d love to hear your thoughts!

🚀 Exciting News! 🚀 GenSpark India, an AI search startup founded by former Baidu executives, has successfully raised $60 million in an oversized seed funding round led by Lanchi Ventures, valuing the startup at $260 million. 🌟 Genspark is set to revolutionize the search market with its unique approach, using multiple specialized AI agents to generate customized pages for every query. This innovation aims to provide more useful and accurate results on a single page. Headquartered in Palo Alto, California, with a new office planned in Seattle, Genspark is focusing on serving the U.S. market. The platform, currently free to use, may explore a paid subscription model in the future. This funding boost comes as the search engine market experiences renewed competition fueled by advancements in AI technology. Genspark is poised to take on Google's dominance and redefine how we access information online. 🌐 Stay tuned for more updates as Genspark continues to push the boundaries of AI-driven search technology! #AI #Startup #Funding #Innovation #TechNews #SearchEngine #Genspark #ArtificialIntelligence #LanchiVentures #PaloAlto #Seattle #Technology #FutureTech https://lnkd.in/dyBrVnDm

Walnut Capital has announced plans to construct a dedicated entrance to the recent development of tech startups in Pittsburgh’s East End neighborhood — a mile-long section of Penn Avenue that has been dubbed “AI Avenue”. Pearl Street Technologies, Netail, Lovelace AI, and Strategy Robot, Inc. will soon be joining Google, Duolingo, and 20 additional companies on this expanding stretch, all with the objective of leveraging its geographic proximity to universities, an evolving talent pool, and the region’s distinguishing potential to become a “major hub for tech and AI development”. Todd Reidbord, the venture capital firm’s President, voiced his hope that a more robust, populated AI ecosystem will support a necessary increase in the city’s population. Amidst these hopeful prospects are concerns that tech companies will neglect the deliberate community-oriented layout of “AI Avenue”, which aims to harbor a collaborative atmosphere where startups can learn from others around them. PART has previously identified in its "State of Technology Report" (linked below) that there exist gaps between prospective investors and emerging startups which can exacerbate challenges in diversifying capital channels in the Pittsburgh region. A more organized infrastructure that guides these interactions becomes increasingly necessary as the city’s tech and economic ecosystems continue to expand. 📝 : Megan Trotter https://lnkd.in/eSMcUwZj https://lnkd.in/eU3r7u5x #ResponsibleTech #AI #Pittsburgh #PittsburghAI #AIAvenue #EthicalAI #Development #AIDevelopment #EthicalTech

Inside Europe’s Tech Hubs: France’s AI Push Puts It on the Rise The former rail freight station, now transformed into Station F, stands as the world's largest startup campus, embodying France's dynamic shift towards embracing technology and innovation. Station F is not just a co-working space; it's a thriving ecosystem designed to nurture startups. With the capacity to house 1,000 startups and a roster of corporate partners that includes American tech giants like Meta and Google, Station F highlights France's commitment to fostering a vibrant tech community. The campus ... https://lnkd.in/dP5n5N9W #EuropesTechHub #FranceAI >>>Read full article by clicking the link below...

Fantastic point by John Santaferraro. As we see more and more entrants launching AI-augmented development products, organizations will need frameworks to monitor adoption and usage, compare tools and vendors, observe the impact on ROI and safety, and know that their spend on these new tools is generating value over time. Better to build that muscle fast 💪🏼

Perplexity AI's Funding Frenzy Main Points: Perplexity AI recently announced a $62.7 million funding round and is reportedly seeking to raise over $250 million more. The additional funding would potentially value the startup between $2.5 billion and $3 billion. The latest round, led by Daniel Gross, included notable investors like Nvidia, IVP, NEA, Jeff Bezos, and Garry Tan. Despite the recent funding, Perplexity AI is in talks for a mega-round that could increase its valuation by at least 150%, with investors such as IVP and NEA considering participation. It is worth noting that In January, the company raised a $73.6 million Series B led by IVP, valuing it at $520 million. Perplexity AI aims to challenge established players like Google in the AI-powered search engine space. via Crunchbase Read full on https://lnkd.in/dnmEcbWn

#VC News Didgest As mentioned in my previous post (https://lnkd.in/dQupCmgy), the level of investments in AI startups continues to surge. 〰 First up, Exa — a startup founded by Harvard grads — raised $17M from Lightspeed, Nvidia, and Y Combinator to build a "Google for AI." Exa is building a tool that allows AI models to perform something like a web search, but with an AI-native twist. (https://lnkd.in/duFBc5VS) 〰 Another interesting development is Kandji, an employees Apple device management platform for businesses, securing $100M in new funding (https://lnkd.in/dyjWXy_P). Since its last round in 2021, the company has seen 600% ARR growth and quadrupled its customer base to 4,000 globally. Kandji plans to expand its platform with generative AI capabilities to compete with Apple and other legacy MDM vendors. 〰 Then there's Artificial.Agency, a startup founded by ex-Google DeepMind researchers, which raised $16M to develop an AI behavior engine for more lifelike and responsive non-playable characters in video games. While some studios are building similar tech in-house, Artificial Agency believes its solution will become an industry standard, though the added costs of AI inferencing remain a question. (https://lnkd.in/disvyNyk) 〰 Finally, Tribe AI — an AI consulting firm founded in 2019 - has experienced a "massive boom" in demand post-ChatGPT (https://lnkd.in/dh-DzkYC). To meet this growth, they've raised a $3.25M seed round to scale their team and develop automation tools. Tribe sees major consulting firms as their main competitors, but believes its experience building hundreds of AI products gives it an edge. What’s cool startup news captured you attention this week? Share in comments. #startups #investments #tech #fundraising