North Beta Labs

🔔 NBL Newsletter is your premier source for the latest updates on AI startup funding and industry innovations. Stay informed with the recent news from the world of AI entrepreneurship: ✨ Cohere AI Secures $500M Funding at $5.5B Valuation, Led by PSP for AI B2B Large Models 📣 Helsing Raises $490M Led by General Catalyst to Develop Battlefield AI Decision Systems 🔥 Skild AI Closes $300M Round at $1.5B Valuation, Led by Lightspeed, Coatue, Softbank, and Jeff Bezos, Focused on AI Humanoid Robotics 📌 Saronic Technologies Secures $175M at $1B Valuation, Led by a16z, Targeting AI-Powered Surface Vessels 👏 Hebbia Raises $130M at $700M Valuation, Led by a16z, Specializing in AI Spreadsheet Agents 💡 Hayden AI Gains $90M Funding, Led by The Rise Fund, Advancing Vision AI Solutions for Smart Cities 📍 Sentient Secures $85M Led by Founders Fund, Pioneering AI Blockchain Open Source Large Models 🔆 Standard Bots Raises $63M Led by General Catalyst, Enhancing AI-Powered Robotic Arms ⚡ Captions Closes $60M Round at $500M Valuation, Led by Index Ventures, Revolutionizing AI Video Editing 🌟 Volley Secures $55M Led by Lightspeed, Innovating Voice AI Games 🎉 ZeroEyes Gains $53M Funding, Led by Sorenson Capital, Enhancing AI Firearm Detection 💥 Fireworks AI Raises $52M Led by Sequoia for Open Source Model 💫 K Health Secures $50M Led by Claure Group, Transforming AI-driven Primary Care #AI #AGI #GPU #GenAI #VC #LLM

We’re continuing to make advanced AI accessible to all with the launch of GPT-4o mini, our most intelligent and affordable small model. Now available in the API and rolling out in ChatGPT today.

🔔 NBL Newsletter updates you with the latest investment news / rounds from AI startups. Check out this week's headlines: 👏 Formation Bio Secures $372 Million in Series D Funding Led by A16z for AI-Driven Healthcare Innovations 🔆 CData Software Raises $350 Million in Strategic Round with Warburg Pincus Leading the Investment for Data Preparation Solutions 📌 EvolutionaryScale Attracts $142 Million in Seed Funding from Daniel Gross, Nat Friedman, and Lux Capital to Develop AI Biology Models 🔥 Etched AI Obtains $120 Million in Series A Financing from Positive Sum for High-Speed AI Inference Chips ⚡ Bright Machines Closes $106 Million in Series C Funding Led by BlackRock to Advance AI-Powered Factory Robotics ⭐ Fetcherr Raises $90 Million in Series B Funding from Battery Ventures for AI-Powered Product Price Prediction 📍 Klarity Secures $70 Million in Series B Round Led by Daniel Gross and Nat Friedman for AI-Driven Contract Review Solutions 🚀 Prewave Gains $67.6 Million in Series B Financing from Hedosophia to Enhance AI Supply Chain Risk and Sustainability Monitoring 🎉 Talentwolf Raises $42.8 Million in Series B Funding from Felix Capital for AI-Powered Talent Development Platform ✨ Onehouse Secures $35 Million in Series B Round Led by Craft Ventures for Cloud Data Lake Solutions 💡 Sensi.AI AI Closes $31 Million in Series B Funding from Insight Partners for AI Elderly Care Assistance

👀 📍 SF is buzzing with AGI enthusiasts. “GPU Cloud: Accelerating the AGI Progress” brought together founders, entrepreneurs, researchers, and many more who is working on building an innovative future with AI. North Beta Labs's founder Jonathan ZHU and partner Jiacheng Zhao shared our vision towards a global generative AI community. We were honored to have Qian Chen of Valley 101, Jenny Xiao of Leonis Capital, Lu Zhang of Fusion Fund, and Lewis Hong, a former SpaceX executive, now co-founder at FP Solutions, LLC, share their expertise and engage in stimulating conversations. Thanks to our partners and friends for joining us and making this event a success! 🎉 Run, don’t walk. #AGI #GPU #SF #GPUCloud #SiliconValley

🚀 What a fantastic evening at the GPU Cloud: Accelerating AGI Progress event! 🚀 I would like to extend my heartfelt thanks to everyone for making this event a resounding success. This gathering was not only a remarkable opportunity to learn from leading experts but also a vibrant platform to connect with like-minded professionals passionate about the future of AGI and its transformative potential. A special thank you to all the speakers for sharing their invaluable insights, to the organizers (Silicon Valley 101 & North Beta Labs) for orchestrating such a fantastic event, and to all the attendees for their enthusiastic participation. Together, we are shaping the future of AGI. ✨ Jenny Xiao - Partner at Leonis Capital and former OpenAI Researcher, shared her deep insights into the role of GPUs in driving AGI advancements. ✨ Lu Zhang - Founding Partner of Fusion Fund, provided a unique perspective on investment trends and opportunities in the AI space. ✨ Lewis Hong - Co-Founder at FP Solutions VC, former SpaceX engineer, and Serial Entrepreneur, talked about the technological innovations and entrepreneurial challenges in the GPU cloud sector. ✨ Jonathan ZHU - Founder of North Beta Labs, gave us a glimpse into cutting-edge research and developments happening at the lab. The panel was expertly moderated by Qian Chen, Co-founder of Silicon Valley 101, who facilitated a thought-provoking discussion and ensured an engaging session for all attendees. Thank you for being a part of this special evening! I eagerly anticipate future chances for collaboration and advancement as we collectively work towards shaping the future of AI! #AI #AGI #GPUCloud #SiliconValley #TechInnovation #BayAreaFoundersClub

Wonderful speakers and Great talks and Great event and Great venue. Thank you, Vicky Xiao @silicon valley 101 @trisha North Beta Labs https://lnkd.in/gj-i9mJS

Today is a great day for innovation in Hillsborough, CA. Thanks North Beta Labs for hosting! Great to see the IgniteGTM team here.

North Beta Labs is dedicated to accelerating the AGI progress across the globe. Check out the biggest fundraising rounds in AI-powered companies and startups this week, and follow for more updates! 💡 Self-driving Company Cruise Raises $850M from GM to Relaunch Robotaxis Project 📍 Waabi, Autonomous Trucking Startup, Secures $200M Funding Round from Uber, Khosla, and Nvidia 🌟 AI Search Startup Genspark Raises $60M in Seed Round Led by Singapore-based Lanchi Ventures 🔥 Enveda Biosciences Secures $55M in Series B to Accelerate Drug Discovery with AI 📌 AI-powered Search Engine Startup daydream Raises $50M in Seed Funding from Forerunner and Index Ventures 🔆 Iambic Therapeutics, AI Drug Developer, Raises $50M in Series B Funding Led by Mubadala Capital ⚡ GrayMatter Robotics, AI-Based Robotics Company, Secures $45M in Series B Led by Wellington Management 🚨 Vecna Robotics Raises $40M in Series C Funding to Advance Warehouse Automation ✨ AI Enterprise Customer Support Company Decagon Secures $35M in Seed and Series A Led by Accel 👏 Cambridge-based CuspAI Raises $30M Led by Hoxton Ventures for AI-designed Materials Discovery #GenAI #VC #AI #GPU #LLM

Non-stop breakthroughs in foundational models continue. Anthropic's newest and most capable model Claude 3.5 Sonnet is released today and is free for all users. The AGI progress is accelerating 🔥 #GenAI #LLM #Claude #AI #GPU

📍On June 28th, we are bringing together some of the most influential minds in Generative AI. Join us in Hillsborough for an exclusive meetup, panels, and contribute to the latest discussions on GPU Clouds and AI Infra. Scan the QR code to save your spot! #SiliconValley #GenAI #GPU #GPUCloud #Infra