Evlos’ Post

For startups, where time and money are precious commodities, adopting smart technology like AI can revolutionise operations. It's not merely about automating tasks; it's about opening doors to newfound efficiencies that were previously beyond reach due to resource constraints. Learn more at https://www.acquire.ai #SME #AcquireAI

🚀 Tech Startups: AI can accelerate product development through rapid prototyping and deployment of innovative solutions. Intelligent automation can optimize operations and scale business models. #Startups #AI

AI Advisory Excludes Startups, Minister Says After Criticism https://lnkd.in/gYEHSzX7 #ArtificialIntelligence #AIecosystem #periodicconsultations #AItechnologies #AIsector #AINews #AnalyticsInsight #AnalyticsInsightMagazine

First, a big thanks to Edgar Chiu, our Managing Partner at SparkLabs Taiwan, for investing into Kneron a few years ago and bringing Albert, Roger, Hsiang Tsun, and team into our ecosystem. Second, we are excited that Kneron is one of the companies that signed a non-binding letter of intent with our SPAC entity. 2025 looks to be an exciting year 🔥 UPDATED since some pinged me about the paywall. Here is the full article after the 1st paragraph (Linkedin had a character limit which I didn't know about til this post): "... It was unclear who would be participating in the latest funding round or how much has been secured. Kneron has previously received funding from Qualcomm Ventures, Sequoia Capital China (now known as HongShan), iPhone maker Hon Hai Precision Industry Co. and Hong Kong billionaire Li Ka-Shing’s Horizons Ventures. This is expected to be Kneron’s last funding round before going public, according to the presentation, which it plans to show during an Investor Day hosted under Saudi Arabia’s National Semiconductor Hub on Wednesday. Its listing is tentatively slated for 2025. Kneron signed a non-binding letter of intent to list on the Nasdaq through a special purpose acquisition company, Spark I Acquisition Corp., which is sponsored by one of its investors SparkLabs Group, according to a US securities filing on Monday. Negotiations are proceeding and the funding could still fall apart or fail to hit its target. Kneron is the latest AI chip firm to seek expansion in Saudi Arabia as the oil-rich nation builds up its digital economy. US-based SambaNova Systems and Groq, as well as South Korea’s Rebellions, are among the startups that have partnered with Saudi firms in the last year. Kneron was founded in 2015 by former Qualcomm Inc. engineer Albert Liu and has headquarters in San Diego and Taipei. It makes AI processors that power consumer goods like surveillance cameras and cars without needing to connect to the internet or use cloud-based systems. Its so-called neural processing unit, or NPU, is a versatile chip that can be composed like Lego blocks to support different purposes efficiently, and can be used in data centers to run or eventually train AI models, Liu previously told Bloomberg. Kneron’s chips are manufactured by Taiwan Semiconductor Manufacturing Co. and they are used in Hon Hai Precision’s electric cars as well as South Korean firm Hanwha Vision Co.’s surveillance cameras. While the AI investor frenzy has focused on Nvidia Corp., whose chips became coveted hardware for training advanced tools like OpenAI’s ChatGPT, a growing number of startups are targeting the market for running trained AI models on so-called edge devices, including smartphones, PCs, cameras, cars, drones and robots. Bloomberg Intelligence last year estimated that the edge AI chip market could be more than triple the size of cloud-based AI by the end of 2032." #AI #AIChip #startup #founders #venturecapital #taiwan #artificialintelligence #nasdaq

DeepX: South Korean AI Chip Startup Nears $90 Million Funding Boost DEEPX, a South Korean AI chip startup, is on the verge of securing $90 million in funding to expedite production and support global expansion. The funding includes $60 million from Skylake Management LLP and $30 million from Timefolio Capital Asset Management, with another $30 million expected from a forthcoming investor. DeepX collaborates with Hyundai Motor India Ltd. Kia Worldwide Robotics Lab and PT POSCO DX INDONESIA to advance mass production of its specialized AI semiconductors. This infusion of capital underscores the growing demand for AI-centric hardware solutions and highlights DeepX's pivotal role in meeting this demand through its innovative chip technology. #DeepX #AIChip #Startup #SouthKorea #Funding #SkylakeEquityPartners #TimefolioAssetManagement #HyundaiKiaMotors #RoboticsLab #PoscoDX #Semiconductors #MassProduction #Innovation #HardwareSolutions #AI #Technology #Investment #GlobalExpansion

In a world where speed and efficiency are paramount, traditional logistics are being revolutionized by the power of digital technology. By leveraging AI and ML, the logistics industry can significantly improve efficiency, reduce costs, and provide better services to customers. These technologies offer a competitive edge by enabling smarter, data-driven decision-making and proactive management of logistics operations. #logistics #techlogistics #bangladesh #supplychain #venturecapital #StartupInvesting #StartupInvesting #venturecapital #angelInvestors #seedfunding #earlystageInvesting #techStartups #entrepreneurship #investmentopportunity #startuppitch

#DeepTech, #AI and #Manufacturing are giving rise to potential investment opportunities for investors in India. Deep Tech investments in India are doubling every three years, crossing $1 billion between 2021-2023. The global AI market is projected to reach $1,811 billion by 2030. India’s AI market is projected to reach $17 billion by 2027. Growth in manufacturing is a must if India wants to reach the projected target of $20 trillion by 2047. Our portfolio companies in DeepTech, AI and Manufacturing are Alphaa AI, who make boring dashboards interactive with Gen AI. dubpro.ai localizes videos in various multiple languages through AI, Ethereal Machines, provides CNC machining services for various industries using 5-axis CNC technology. Lightbulb, an emotion AI and analytics platform. NowPurchase is a startup that elevates metal manufacturing with technology. Prescinto, Inc., a clean energy intelligence platform, Saara AI, redefines the shopping experience with AI. SecureThings provides end-to-end solutions for vehicle security, and SustLabs provides embedded software products. Alphaa AI raised total funds of $1.8 million from investors like 1Square Ventures. Dubpro.ai raised funds worth $821k from key investors like Anicut Capital, First Cheque, Pran Mehra. Ethereal Machines raised a total funding of $8.3 million from investors like Inflection Point Ventures, and Finvolve. Lightbulb raised a total funding of $1.5 million from esteemed investors like Anthill Ventures, and Chiratae Ventures. NowPurchase raised about $ 2.69 million from Orios Venture Partners, Info Edge Ventures. Prescinto raised a total funding of $19.7 million from big investors like Google, Hyderabad Angels, Mumbai Angels, and Dholakia Ventures. Saara AI raised $1.6 million from investors like LetsVenture, 021 Capital, and Techstars. SecureThings raised a total funding of $6 million from Inflexor Ventures. Sustlab raised a total funding of $529k from investors like KP Balraj, and Pashupathy Gopalan. Venture Catalysts++ | India's 1st Multi-Stage VC, 9Unicorns, Anuj Golecha, Anil G Jain, Gaurav Jain, Ajay Anand, Dhruv Kapoor, Kanupriya Shah, Prateek Agarwal (Pre-seed investor), Ivy Chin, Vikram Ramasubramanian, Rahul Wagh, Ashish Bhatia, Apoorva Vora, Sailesh Sigatapu, Sameer Ganapathy, Aharon Schwartz, Antonio Mazzara, Venkatesh Peddi, Ranjith Menon, Rehan Yar Khan, Ashish Mishra, Hitesh Oberoi, Ashok Singh, Shivangi Bubna, Nitin Savaliya, Shanti Mohan, Sailesh Tulshan, Maelle Gavet, Pratip Mazumdar, Vinod Keni, Rajesh Mane, Ankit Jain #VentureCatalysts #AngelInvestor #VC #IndianStartups #VentureCapital #TechStartups #Entrepreneurship #India2030 #DDAY5

AI and ML startups are leading the investment race in 2024-2025, capturing over $20 billion in global funding. This surge is driven by their transformative impact across industries, their ability to leverage data-driven insights, and their potential to scale and disrupt traditional business models. As these technologies become central to innovation and operational efficiency, investors are eager to support ventures that can harness their full potential. At Techliance, we specialize in meeting the unique needs of AI and ML startups. Our team offers comprehensive development support, tailored to help you transform groundbreaking ideas into market-ready products. We focus on: Tailored Development: Crafting custom solutions that address your specific AI and ML requirements. Scalable Infrastructure: Building adaptable platforms designed to grow with your technology. Expert Guidance: Providing deep technical knowledge to overcome challenges and enhance performance. Partner with us to accelerate your AI and ML innovations and achieve your strategic goals: https://lnkd.in/d4jDdgMF #AI #MachineLearning #StartupFunding #TechInnovation #Techliance #AIStartups #MLStartups #InvestmentTrends #TechDevelopment #ScalableSolutions

AI computing startup Blaize raises $106 million in funding “This investment lends further credence to our thesis that edge AI is revolutionizing all industries, and we are supercharging our roadmap to deliver its promise,” Blaize CEO Dinakar Munagala said in the release. #Blaize #AIComputing #FundingNews #TechInvestment #Innovation #ArtificialIntelligence #DigitalTransformation #SustainableTech #AINews #AIStartups #ProductDevelopment #TechSolutions #StartupNews #BusinessNews #Keralanews #Kerala #BusinessReviewLive #BRL #Keralabusiness

#artificialintelligence | #startups : State of Internet 2024 Report. Generative AI innovation will dominate 2024 as the most promising expansion of the technology frontier in decades, and virtually every company will begin to adopt #AI products / features in some form. Key Takeaways : 1. In 2023, Technology Companies Significantly Reduced Headcount. However, Green Shoots Are Finally Appearing In The #IPO Market 2. Companies Are Finding Ways To Incorporate Generative AI. Business Executives Have AI Top Of Mind . …And Are Approaching It From Different Angles With Their Own Strategies 3. #fundraising - Activity will continue to increase but investors will be selective with higher quality and AI-related assets gaining the most traction