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Overall VC Fundraising Drops 33%, But AI Investment Surges

Tech.Co

year-over-year, continuing a trend from 2024. This time around, the responsible party is one that hadn’t even entered the public consciousness in 2021: Artificial intelligence. However, it’s a different story for the VCs trying to raise funds: With $26.6 This just in!

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9 Innovative Startups To Watch For in 2024

Tech.Co

As investors continue pouring funding into artificial intelligence and consumer habits shift, many AI and subscription model startups have been enjoying rapid growth. Green shoots can be found across a range of industries though, so read on to discover nine startups not to sleep on in 2024.

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Catasys Finds $45M In Debt Financing For Mental Health Efforts

socalTECH

Los Angeles-based Catasys , a provider of technology that uses artificial intelligence (AI) to predict, identify, and treat mental issues among health plans members, has raised $45M in a debt financing round, the company said on Tuesday. The financing came from Goldman Sachs.

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What Is Claude AI and Anthropic? ChatGPT’s Rival Explained

Tech.Co

Anthropic largely focuses its work on building large language models (LLM) and the chatbots that subsequently use them. As part of the latter deal, Amazon employees and cloud customers will get early access to the technology. It was first released in March 2023 , powered by the language model Claude 1.3.

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Internet of Things (IoT) – What’s Next in Automotive?

Tech Zulu Event

Take Watson , IBM’s artificial intelligence platform as an example: it has advanced significantly since it handily defeated human opponents on the Jeopardy game show four years ago. Luckily, we are still in control of the machines, but who knows what can happen with all the connected devices and smart computers?

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