SquaredAutomation’s Post

Seems like I was just having a conversation on the subject of AI giving founders the ability to hit #unicorn status by employing #AI. If that is possible, think of the implications for #economicdevelopment ... not just in the recruitment of such companies to communities but in how economic developers and municipalities wield these tools to be #nextlevel efficient. International Economic Development Council City of Henderson Henderson Economic Development https://lnkd.in/gwTCYFwY

AI funding continues to grow in Q2

The size of this seed round simply reinforces the reality that we are moving beyond hype to actual production AI value. Over $1 trillion dollars will be invested in the next 2 years as 80% of enterprises add AI solutions - from focused genAI solutions to machine learning models - to their critical tasks, functions and processes. Want to hear about some specific case examples of AI innovation happening on contextual.io today? Give us a shout. https://lnkd.in/gD8bQicH

Why are AI companies overvalued today? As Sumer Juneja of SoftBank Investment Advisers EMEA points out,its the lack of AI Talent. “When you find a few people who are real AI scientists, who really want to build true AI — that is a scarce resource,” he tells Sifted. I am not sure Board Directors understand this key risk ! You don’t have to be an AI company but every organisation is going to need AI skills and talent. And finding deep level of senior level expertise is even more challenging! #AI #Board #Nonexecutivedirectors #boardofdirectors

An interesting article to ground your view on the current AI train, and a cautious note to everyone, not to be so caught up with the AI wave, that you forget that there are other growing technologies out there too. The "flavour of the moment" may distract companies from other areas, which may benefit them better. What are your thoughts? #pmandre #ai #venturecapital #growingtech

How Stability AI’s Founder Tanked His Billion-Dollar Startup via InnovationWarrior.Com #ai #innovation #venture_capital #AI #consumertech #Daily_Cover #daily_cover #editors_pick #Editors_Pick #Innovation #premium #Premium_Content #premiumcontent #Venture_Capital

An insightful detailed overview of how the once famed Stable Diffusion product, the text to image Gen AI startup burned more than $100 million in around 1 year to the verge of bankruptcy and CEO resignation. #ai #genai #growth #startup https://lnkd.in/egWeN7rc

With rising #sextortion cases The Parasol Cooperative has released "Ruth" – the market's only public-facing #AI tool trained to provide trauma-informed support and safety plan by instantly detecting tech-enabled abuse and offering practical technology guidance, a safety plan, and contacts of professional advocates for further assistance. Learn how this large language model powered AI chatbot supports 80+ languages, in my interview with Parasol founder, Megs Shah via Euronewsweek https://lnkd.in/ehayth-q #AIChattool #techabuse #AI

I hadn’t quite realized how much has been poured in AI, VC’s new favorite sector. Some call it a bubble, some call it a revolution - and some call it both at the same time. Here's a little question to grasp how much AI drags money : how much do you think was invested in AI in 2023? Answer is pretty simple : 1$ out of $3 financed an AI deal  To put it another way, it’s 56B$ invested.  That's more than all European funding in all sectors for 2023. US never cease to amaze me when it comes to the dynamism of it’s ecosystem. Full source: https://lnkd.in/eRs-BaPx

Thank you for this thoughts, Michael Jackson. Morgan Beller: "Tech differentiation in AI is a shrinking moat." That is why looking at the hard stuff surrounding AI is more intriguing than just saying "Wow" and throwing money at some random impressive output. If you look at ASML and NVIDIA, the moat is not just huge, but getting bigger all the time. Another bottleneck is data sources, AI is only as "intelligent" as the data the model has been trained on and that it is fed as input. So for example to get AI to really support people with movement disabilities, investing in sensors that can track the real interaction of real bodies of real persons in real life with real things will be a good bet. AI applications fed on data from sportive people will not be able to help an amputee or a diabetic (who need assistance quite a bit more than the aspiring marathon runner). Luckily, we at sendance GmbH can get a wide range of sensors into almost anything in close interaction with the human body. A smartwatch can only get you the first few steps towards an understanding of the intricacies of real life human biomechanics.