Tech in Asia’s Post

17 percent more #startup companies were founded in #Germany in the first quarter of 2024 than in the previous one. The online database Startupdetector registered 658 new young companies in Q1 2024, compared with 562 in the final three months of 2023. In terms of sector, #artificialintelligence (#AI) is becoming ever more important. 

Hugging Face to Acquire Argilla for $10 Million as AI Founders Sell Startups - PYMNTS.com: Hugging Face to Acquire Argilla for $10 Million as AI Founders Sell Startups  PYMNTS.com http://dlvr.it/T8DfCv #ai #artificialintelligence

[ARTIFICIAL INTELLIGENCE] A power list of best / top #genai startups to watch out for in 2024, combining rankings from 6 #venturecapital and top company lists - with Paul van der Boor: https://lnkd.in/daJU7kAw

🇫🇷 Who are the hottest startups in Paris according to WIRED? Congrats to NcodiN and H Company who are the two #ElaiaFamily portfolio companies featured as WIRED rounds up the 100 hottest startups in Europe. Want to know more about why the French capital’s tech ecosystem is heating up? Hint: it’s about more than just AI talent. Read the full article here (thanks Morgan Meaker) 👉 https://lnkd.in/g2ZrwGCa

AI Startup Cohere Valued at $5.5 Billion in New Funding Round 🚀💰 • Canadian AI startup Cohere has achieved a remarkable $5.5 billion valuation in its latest funding round 📈 • Cohere is now one of the world's most valuable artificial intelligence companies and one of the largest startups in Canada 🇨🇦 • Unlike its Silicon Valley competitors, Cohere focuses on corporate clients rather than flashy consumer apps 🏢 • The company has attracted hundreds of corporate clients without relying on viral chatbots or apps that generate poems, draw pictures, or assist with homework 🤖🎨📚 • Cohere's strategic approach has paid off, as evidenced by the significant investment and valuation in this recent funding round 💼💸 #AIStartup #CohereAI #FundingRound #CanadianTech #CorporateClients Source: https://lnkd.in/ggYz6EPp

The Number of AI Startups By Country The figures represent the number of newly funded AI startups within that country, in the time period of 2013 to 2023. Only companies that received over $1.5 million in private investment were considered. Data from Quid (accessed via Stanford’s 2024 AI Index Report) to highlight the top 15 countries which have seen the most AI startup activity over the past decade. https://lnkd.in/gMsNBetp

Mapped: The Number of AI Startups By Country The figures in this graphic represent the number of newly funded AI startups within that country, in the time period of 2013 to 2023. Only companies that received over $1.5 million in private investment were considered.

🚀 Just published a new blog post on TechCrunch: "AI startups margin profile could ding their long-term worth." Find out why AI startups may have worse economics than most software startups and how it could affect their long-term valuation. Check it out here: https://ift.tt/O1XQ4tU Let's stay ahead of the game in the AI industry! #AIstartups #TechCrunch #AIeconomics

The Unique Challenges and Opportunities for GenAI Startups Join hosts Mark and Tom as they navigate the thrilling world of Generative AI startups. Discover the unique challenges these innovators face and the mind-blowing opportunities that lie ahead. From ethical dilemmas to data dramas, from AI arms races to the quest for startup success, this episode has it all. Featuring insights from 'Navigating the AI Frontier: Wardley Mapping for GenAI Startups', witty banter, and a special 'Wardley Map Madness' segment. Don't miss out on this roller coaster ride through the AI landscape that'll make your neurons dance! Resources include chapter recommendations, a link to our discussed Wardley Map, and a mysterious book titled 'The Hitchhiker's Guide to the AI Galaxy'. Chapter: Introduction: The GenAI Revolution and Strategic Mapping Section: The Rise of Generative AI and Its Impact on Startups Key Takeaways: • GenAI startups face a rapidly evolving technological landscape, requiring constant adaptation • Data acquisition and management present significant challenges and legal considerations • Ethical AI development is both a challenge and an opportunity for differentiation • The potential applications of GenAI span across numerous sectors, offering vast opportunities • Success in the GenAI startup ecosystem requires balancing innovation with practical business acumen Additional Resources: • Original Book: Read the full book on GitHub • Chapter: 'Ethical Considerations in AI Development' • Section: 'Data Management Strategies for GenAI Startups' • Book: 'The Hitchhiker's Guide to the AI Galaxy' • Article: 'So You Want to Build Skynet: A Beginner's Guide to Responsible AI' • Wardley Map: https://lnkd.in/dD3GmEAA Note: This content was generated using Generative AI. While efforts have been made to ensure accuracy and coherence, readers should approach the material with critical thinking and verify important information from authoritative sources. #WardleyMaps #GenAI #Podcast

Curious about which AI startups from YC’s Winter 2024 cohort nabbed funding? 🚀 Discover the innovators and their backers in our latest deep dive. Dive in now!