Arkodeep G.’s Post

New Post: AI startup Hebbia raised $130M at a $700M valuation on $13 million of profitable revenue - https://lnkd.in/geckQ7nm - Hebbia, a startup that uses generative AI to search large documents and respond to large questions, has raised a $130 million Series B at a roughly $700 million valuation led by Andreessen Horowitz, with participation from Index Ventures, Google Ventures and Peter Thiel. And its funding demonstrates that 50x annual recurring revenue (ARR) is becoming © 2024 TechCrunch. All rights reserved. For personal use only. - #news #business #world -------------------------------------------------- Download: #Google #Font #Tester - https://lnkd.in/gKAZYbVN

New Post: Valuations of startups have quietly rebounded to all-time highs. Some investors say the slump is over.  - https://lnkd.in/gr6KDApz - Generative AI businesses aside, the last couple of years have been relatively difficult for venture-backed companies. Very few startups were able to raise funding at prices that exceeded their previous valuations.   Now, approximately two years after the venture slump began in early 2022, some investors, like IVP general partner Tom Loverro, are saying that the © 2024 TechCrunch. All rights reserved. For personal use only. - #news #business #world -------------------------------------------------- Download: #Google #Font #Tester - https://lnkd.in/gKAZYbVN

Everyone chased AI. He fixed broken APIs. And built a $5.6B startup! Most startups look for flashy ideas. Postman found its success by solving a fundamental pain point for developers. In 2009, Abhinav Asthana was an intern dealing with endless headaches managing APIs. So he created a Chrome extension to help developers test APIs with ease. Simple, yet effective. The impact, Postman has created is massive - The tool quickly spread among developers as it solved a universal need - Google featured it on their Chrome Web Store, boosting its visibility instantly - Postman evolved, and developers now rely on it as an essential tool in their workflow Today, Postman is valued at $5.6 billion, showing why it is important to address practical needs. The takeaway for founders is clear 1. Solving real problems is key – if it’s valuable, it doesn’t have to be glamorous 2. Listening to users matters – constant improvement based on feedback leads to growth 3. Building with scale in mind pays off – even small solutions can become massive when built to last What practical solution is your startup offering that could become essential in its own way? #StartupGrowth #DeveloperTools #ProductJourney #FounderInsights

The recent dealmaking in Silicon Valley around AI startups is challenging the status quo. Character.AI's $2.5 billion licensing deal with Google has set a new precedent, where founders like Noam Shazeer and Daniel De Freitas walk away with great opportunities, while the rest of the team and investors face uncertainty. This shift highlights a few critical trends: · Talent Wars: Big Tech is increasingly focusing on acquiring top AI talent, rather than just products. As the talent pool for world-class AI engineers remains limited, these acqui-hires are becoming essential strategies for companies like Google, Amazon, and Microsoft. · Changing VC Dynamics: Traditional relationships between VCs and founders are being tested. With deals like this, VCs are rethinking their agreements to ensure they are not left behind when founders exit early. · Antitrust Avoidance: With increased regulatory scrutiny, non-traditional deals offer a way for companies to expand without triggering antitrust concerns. As Cameron Lester of Jefferies pointed out, this is just the beginning. We can expect more of these talent-focused deals as AI continues to dominate the innovation landscape. It's a pivotal time for investors and startups alike to adapt to these new norms. How will this shape the future of AI innovation? Read the full article here: https://lnkd.in/dw6BYSmA #AI #VentureCapital #Startups #Innovation #Leadership #Google #CharacterAI #Amazon #Microsoft

👋 Is the world of tech startups getting wilder by the day? 🤔 1. OPENAI ROLLING IN REVENUE 💸 OpenAI now rakes in a whopping $3.4 BILLION annually! PwC, Moderna, and Estée Lauder are among their big-name clients. SO, WHAT’S THE BIG DEAL? 👉 Microsoft poured $13 billion into OpenAI. 👉 Massive growth fueled by AI tools. 👉 But hold on, are smaller startups getting the short end of the stick? 💡 HARD TRUTH: With giants like OpenAI hoarding resources, where does that leave women-led startups? Are we just feeding the beast? How do we carve out our own space in such a monopolized field? 2. $52M FOR FIREWORKS AI 💥 Fireworks AI, a GenAI inference platform, just snagged $52 million in Series B funding. WHY SHOULD YOU CARE? 👉 Based in Redwood City and making waves. 👉 Backed by big names like NVIDIA and Sequoia. 🧐 FOOD FOR THOUGHT: Are these huge investments in AI platforms a sign that traditional VCs are ignoring unique, women-first ventures? Is it time to seek alternative funding routes or innovative capital-raising methods? 3. GREENIRON & MORPHO MAKING MOVES 🌍 Stockholm’s GreenIron is funding CO2-free metal reduction. Paris-based Morpho picks up $50 million for crypto lending on Ethereum. WHAT’S IMPRESSIVE? 👉 GreenIron tackles environmental sustainability. 👉 Morpho is pioneering decentralized finance. 🌱 REALITY CHECK: Our world is shifting towards sustainability and decentralization. Should we pivot our startup focuses? Are we leveraging these trends effectively, or do we risk being left behind in traditional tech niches? 🔮 WHAT NOW? Tech startups are either riding the wave or being swept away. From massive AI investments to green tech, it’s a battlefield out there. What do you think? Can startups still bloom in a tech jungle dominated by giants? Is there space for innovative, women-led ventures to thrive? Share your thoughts below👇! 🫡 𝐁𝐮𝐢𝐥𝐝 𝐲𝐨𝐮𝐫 𝐬𝐭𝐚𝐫𝐭𝐮𝐩 𝐧𝐨𝐰: https://femaleswitch.app 🔈🔈🔈 🫵 𝐅𝐨𝐫 𝐬𝐭𝐚𝐫𝐭𝐮𝐩 𝐚𝐝𝐯𝐢𝐜𝐞 𝐟𝐨𝐫 𝐟𝐢𝐫𝐬𝐭 𝐭𝐢𝐦𝐞 𝐞𝐧𝐭𝐫𝐞𝐩𝐫𝐞𝐧𝐞𝐮𝐫𝐬, 𝐡𝐢𝐭 𝐅𝐎𝐋𝐋𝐎𝐖 #startups #femalentrepreneur #zerocode #ai

/dev/agents, a San Francisco startup pioneering a unified platform for AI services and agents, has closed a $56 million funding round led by Index Ventures. https://lnkd.in/erXns6HR

Discover how Sweetspot (YC S23), an emerging AI startup, revolutionizes government contracting with their fresh $22 million seed investment led by 1984 Ventures. With software that mines and manages government contracts more efficiently, Sweetspot is poised to make significant strides in making these processes accessible to all businesses. Read more about their journey and future prospects in this exclusive Semafor coverage. Dive into the full story about how artificial intelligence is shaping new business opportunities. https://lnkd.in/gMMxhZNz #AI #ArtificalIntelligence

AI agents startup /dev/agents raises a $56 million seed round at a $500 million total valuation /dev/agents, an #AI agent startup founded by former Google and Stripe executives, has made a groundbreaking debut with a $56 million seed round at a $500 million valuation. Led by David Singleton, former CTO of Stripe and a key figure in Android’s development, the company aims to build a cloud-based operating system tailored for AI agents. Co-founders Hugo Barra, Ficus Kirkpatrick, and Nicholas Jitkoff, all of whom bring significant experience from Google, Meta, and Figma, round out a team that investors describe as "exceptional." The funding round was spearheaded by Index Ventures and CapitalG, Alphabet’s independent growth fund, with additional support from Conviction Capital and high-profile tech leaders such as OpenAI’s Andrej Karpathy and Scale AI’s Alexandr Wang. The massive investment reflects the confidence in /dev/agents’ vision of providing developers with a unified platform to create and deploy AI agents, much like Android transformed mobile app development. Targeting the growing AI ecosystem, /dev/agents seeks to solve the lack of standardized tools for building collaborative, multi-step AI tasks. Positioned as the operating system for AI, it will allow developers to unlock the full potential of AI agents across devices. The first version of its product is expected by mid-2025, marking a major step in shaping the infrastructure of a generational shift in technology. The article on TechCrunch in the first comment.

🚨 𝐀𝐈 𝐬𝐞𝐚𝐫𝐜𝐡 𝐬𝐭𝐚𝐫𝐭𝐮𝐩 𝐏𝐞𝐫𝐩𝐥𝐞𝐱𝐢𝐭𝐲 𝐢𝐧 𝐭𝐚𝐥𝐤𝐬 𝐟𝐨𝐫 𝐔𝐒$𝟗 𝐛𝐢𝐥𝐥𝐢𝐨𝐧 𝐯𝐚𝐥𝐮𝐚𝐭𝐢𝐨𝐧 𝐀 𝐁𝐫𝐢𝐞𝐟 𝐇𝐢𝐬𝐭𝐨𝐫𝐲: Just to give you some context, Perplexity AI is an AI company developing a search product set to compete with Google. The company has seen rapid valuation growth, from US$1 billion in April to US$3 billion earlier this year, and now potentially US$9 billion as they seek to raise over US$500 million. 𝐓𝐫𝐞𝐧𝐝: AI companies are hot commodities in the VC world right now! With rivals like OpenAI raising US$6.6 billion at a US$157 billion valuation, investors are looking to back AI startups with high-growth potential. 𝐒𝐨 𝐖𝐡𝐚𝐭'𝐬 𝐍𝐞𝐰𝐬 𝐀𝐛𝐨𝐮𝐭? Perplexity is in early talks for a US$9 billion valuation. With funding interest coming directly from investors, the company could see its value triple from US$3 billion. This development shows strong market interest in expanding AI-powered search tools. 𝐒𝐨 𝐖𝐡𝐚𝐭 𝐄𝐱𝐚𝐜𝐭𝐥𝐲 𝐃𝐨𝐞𝐬 𝐢𝐭 𝐌𝐞𝐚𝐧? Basically, Perplexity’s growth reflects a surge in demand for competitive search solutions in AI, with services extending to internal file searches and financial data insights. 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐍𝐞𝐰𝐬: In my opinion, this funding round is huge for Perplexity as it positions them to compete directly with search giants. With notable investors like SoftBank Vision Fund 2, Jeff Bezos, and NVIDIA on board, Perplexity is on a strong path to becoming a major player in AI search. 𝐇𝐨𝐰 𝐔𝐬𝐞𝐟𝐮𝐥 𝐢𝐬 𝐢𝐭 𝐭𝐨 𝐘𝐨𝐮 𝐚𝐧𝐝 𝐈? If you’re into AI and tech, keep an eye on Perplexity. Their innovations in search capabilities and revenue-sharing partnerships could shape the future of AI-driven search tools. 🔗 Read more: https://lnkd.in/e6yuHzKr Great Post? [ 𝗹𝗶𝗸𝗲 ] Learnt something? [ 𝗿𝗲𝗽𝗼𝘀𝘁 ] Anything to add about this subject? [𝗰𝗼𝗺𝗺𝗲𝗻𝘁] #PerplexityAI #ArtificialIntelligence #Botcom #AIFunding #SearchTech #TechValuation #VentureCapital #AIInnovation #SoftBank #JeffBezos #NVIDIA #StartupNews #FundingNews #BillionDollarValuation #TechTrends #VCFunding

$56M Raised at $500M Valuation—Before the Product Even Launches! What’s all the hype about? /dev/agents, founded by former Google and Stripe executives, is building a cloud-based operating system designed for AI agents. Picture this: AI agents working together seamlessly to handle complex tasks—like planning your entire vacation, from flights and hotels to excursions—without any user input required. With a founding team that built Android and helped scale Stripe, plus backing from top investors like Index Ventures, CapitalG, and OpenAI’s co-founder, the project is drawing serious attention. Why does it matter? Currently, developers lack the tools to fully unlock the potential of AI agents. /dev/agents aims to fill that gap, creating the infrastructure that could transform how AI agents function. Is this the future of AI, or a risky gamble? What’s your take? --- I share more insights like this in my weekly newsletter—it’s free to subscribe for now: https://lnkd.in/dmgXx6zp - Repost if you think it'll be helpful in your circle. #AI #LLM #AIAgents #startups #tech