Morocco Valley’s Post

Using AI to Solve Real-World Problems! This week, 23 incredible startups from across the region gathered at our Singapore office for the inaugural Google AI Academy. These innovators aren't just building cool tech, they're tackling real-world challenges head-on.  From increasing access to financial services and healthcare to breaking down language barriers with companies like Devnagri (who are making the internet more inclusive for non-English speakers in India!), these startups are using AI to build a better future for everyone.    Check out the video below to see the Google AI Academy APAC participants in action, and read more about the startups and their innovations here: https://lnkd.in/gHvP5Ywx #AIforGood #GoogleForStartups

🇫🇷 France leads Europe’s GenAI race: Meet the 10 most funded French startups in 2024 🇫🇷 France is leading Europe in generative AI funding, surpassing countries like Israel and the UK. With $2.29 billion raised by French GenAI startups in 2024, the article on Tech Funding News showcases the 10 most funded French AI startups:- 🔴 Mistral AI   🔹 Founded: 2023   🔹 Funding: $1.1 billion   🔹 Focus: Language models with open-source development for translation, summarization, and creative writing.   🔹 Notable Funding: €468 million in 2024, reaching a valuation of $5.8 billion. 🔴 H Company   🔹 Founded: 2024   🔹 Funding: $200 million   🔹 Focus: Agentic AI that plans and collaborates to complete tasks, aiming toward Artificial General Intelligence (AGI). 🔴 Hugging Face   🔹 Founded: 2016   🔹 Funding: $396 million   🔹 Focus: A hub for machine learning models and datasets, providing tools to democratize AI development.   🔹 Notable Investors: Google, Amazon, NVIDIA. 🔴 Stonal   🔹 Founded: 2017   🔹 Funding: $132 million   🔹 Focus: AI-powered platform for real estate, utilizing GenAI to manage building data.   🔹 Notable Funding: €100 million from Aareon. 🔴 poolside AI   🔹 Founded: 2023   🔹 Funding: $400 million   🔹 Focus: Generative AI for software development, streamlining coding processes.   🔹 Valuation: $2 billion. 🔴 Nabla   🔹 Founded: 2018   🔹 Funding: $42.7 million   🔹 Focus: AI-powered assistant for healthcare, automating clinical note-taking. 🔴 Dust   🔹 Founded: 2023   🔹 Funding: $22 million   🔹 Focus: Custom AI assistants to enhance productivity and streamline workflows. 🔴 Omi   🔹 Founded: 2020   🔹 Funding: €13 million   🔹 Focus: 3D GenAI visual content production for brands. 🔴 LightOn   🔹 Founded: 2016   🔹 Funding: $90 million   🔹 Focus: Optical computing for machine learning tasks. 🔴 Clevy - acquired by Ideta.io   🔹 Founded: 2016   🔹 Funding: $15 million   🔹 Focus: Conversational AI for automating HR-related queries. France is positioning itself as a GenAI powerhouse, with startups like Mistral AI and Hugging Face leading the way in innovation and funding, helping the country outpace competitors in the global AI race. #AI #GenAI #tech #hrtech #France #European #startups #founder #innovation #innovator #SMEs #Global #success #future #investor #VCs #investment #entrepreneur #entrepreneurship 🇫🇷 See further details here 👉 https://lnkd.in/e5jkJaNm

France is leading the charge in Europe's generative AI sector, showcasing incredible growth and innovation. According to a recent report by Accel and Dealroom, French GenAI startups have collectively raised an impressive $2.29 billion, outpacing other European nations by a significant margin. London remains a hotbed for AI startups, leading with the highest number of new companies. At the same time, Paris is not just a cultural capital but also a burgeoning hub for AI development. This burgeoning sector is not just about funding; it’s about the strategic cultivation of tech talent and long-term investments in education and infrastructure. The involvement of tech giants, referred to as the "MAAMAs" (Meta, Alphabet, Apple, Microsoft, Amazon), underscores the role of big tech in shaping the future of AI. As Europe and Israel aim to close the gap in AI development, the upcoming years promise interesting developments and opportunities. 💪 #AI #IT #MAAMA _______________________________ #cto #ctopub #ctocommunity 👥 Join our CTO Community 🧠 Mastermind Meetings 🌐 Peer-to-Peer Networking 🔗 LinkedIn @cto.pub 🔗 https://cto.pub/ 📚 Exclusive Resource Sharing 🤝 Collaborative Problem-Solving 🎯 And so much more! Source:

🚀Alchemist’s latest batch puts AI to work as accelerator expands to Tokyo, Doha 🔎Alchemist Accelerator has a new pile of AI-forward companies demoing their wares today, if you care to watch, and the program itself is making some international moves into Tokyo and Doha. Read on for our picks of the batch. 💫Chatting with Alchemist CEO and founder Ravi Belani ahead of demo day about this cohort, it was clear that ambitions for AI startups have contracted, and that’s not a bad thing. 🌐“The cost of building a basic LLM is prohibitively high; you get into the hundreds of millions of dollars just to get it out. The question is, as a startup, how do you compete?” Belani said. “VCs don’t want wrappers around LLMs. We’re looking for companies where there’s a vertical play, where they own the end user and there’s a network effect and lock-in over time.” 🔎No early-stage startup today is at all likely to become the next OpenAI or Anthropic — their lead is too huge right now in the domain of foundational large language models.

Google asked on my opinion on AI development and adaptation. My ideas on AI and products we do in #Yosh.AI were published in the report on "AI adoption, adaptation and creation by European startups". More info below. "The European startup community is optimistic about its role in the global AI landscape, with 59% believing they have the potential to lead. However, challenges remain, notably concerning data quality, ethical considerations, and regulatory complexities. Read more about the insights on 'AI adoption, adaptation and creation by European startups' here: https://lnkd.in/dnBsBtHU"

The Rise of India’s Generative AI Startups in 2024 India’s generative AI ecosystem is booming with over 240 startups, groundbreaking innovations, and a focus on indigenous Large Language Models (LLMs) designed for India’s diverse linguistic and cultural needs. From healthcare to education and finance to entertainment, these startups are transforming industries and paving the way for a brighter, AI-powered future. Explore the latest trends and insights in our detailed report: India’s Generative AI Startup Landscape 2024. Read more here: https://lnkd.in/d6Ertyaz #GenerativeAI #AIStartups #IndiaTech #Innovation #AIForGood #ICTFrame #AIRevolution #DigitalTransformation #FutureOfTechnology #AI2024 #ICTTrends

NASSCOM’s latest report reveals massive growth in India’s generative AI landscape, with startups increasing from over 66 in early 2023 to more than 240 by mid-2024. This surge is driven by 17 native GenAI language models and a wave of new AI assistant startups, which now make up 80% of the latest additions. Key focus areas such as GenAI-as-a-service, enterprise platforms, and data-driven services are shaping the industry's future. India is rapidly becoming a global AI hub! Read more: https://bit.ly/48eCnvf Department for Promotion of Industry and Internal Trade | Shri Sanjiv #StartupIndia #DPIIT #GenAI #StartupNews #NASSCOM

Introducing the High Growth AI Accelerator for BridgeAI! This 14-week programme is tailored to support startups, scaleups, and SMEs in the UK as they validate and enhance AI and ML solutions within the creative sector 🚨 They're calling on innovators to take on specific commercial challenges in partnership with industry leaders: - Digital Media Challenges with the LADbible Group - Leisure Industry Challenges with Merlin Entertainments - Radio Media Challenges with Bauer Media Group - Music Industry Challenges with Music Technology UK Businesses will benefit from cloud credits, technical support, and guidance to speed up their product development. Applications for this programme will close on July 21st. Find out more and apply at: https://hubs.ly/Q02Fc-zp0 BridgeAI is a collaboration between Innovate UK Business Connect, Digital Catapult, The Alan Turing Institute, BSI and the Hartree Centre SME Hubs. Image description: A man wearing glasses looks intently at a screen displaying financial data charts and graphs, illuminated by a blue and purple glow.

💫Today Aira Mongush is pitching Algebras AI | AI translated solution at Web Summit at 500 Global in Eurasia Startup Showcase! 👉 Catch us at 12:30 PM at StartUP Georgia - Pavilion #3, Stand E370. With Algebras AI we empower business expansion in new Asian and Middle Eastern markets by enhancing translated content quality with no proofreading needed ✨ 👉 Looking forward to meeting you and bring a value to your business! ✨ #websummit #websummitlisbon #pitching #algebrasai

🦄 𝐀𝐈 𝐬𝐭𝐚𝐫𝐭𝐮𝐩 𝐫𝐞𝐚𝐜𝐡𝐢𝐧𝐠 𝐮𝐧𝐢𝐜𝐨𝐫𝐧 𝐬𝐭𝐚𝐭𝐮𝐬 𝐰𝐢𝐭𝐡 𝐳𝐞𝐫𝐨 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 AI coding startup Magic is in talks to raise over $200 million in a new funding round that would value the company at $1.5 billion, tripling its valuation from just a few months ago. Despite only being founded in 2022 with around 20 team members and having no revenue or products for sale yet, Magic has attracted significant investor interest. Magic aims to use the funds to improve its AI models for handling larger amounts of data efficiently. The company is working towards creating AI systems that can autonomously design and develop entire software applications without human intervention. - - 🧙♂️ 𝐀𝐈 𝐰𝐨𝐧'𝐭 𝐫𝐞𝐩𝐥𝐚𝐜𝐞 𝐲𝐨𝐮, 𝐛𝐮𝐭 𝐩𝐞𝐨𝐩𝐥𝐞 𝐰𝐡𝐨 𝐤𝐧𝐨𝐰 𝐀𝐈 𝐰𝐢𝐥𝐥. ☕ Latest AI trends and news in your inbox 🔥 𝐒𝐮𝐛𝐬𝐜𝐫𝐢𝐛𝐞 our newsletter if you are keen to be early in the AI wave 🔗 https://lnkd.in/gDdTvddy