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  • Over $100 million in funding was raised by US-based AI startups in 2024. 😱
Over $100 million in funding was raised by US-based AI startups in 2024. 😱

Over $100 million in funding was raised by US-based AI startups in 2024. 😱

AI Startups Making Waves in 2024 🚀

As a crypto enthusiast, you’re always on the lookout for the latest trends in technology and innovation. This year, the spotlight is on AI startups that have been making waves in the tech world with their groundbreaking developments and significant funding rounds. Let’s dive into some of the top AI startups that have raised over $100 million in the first half of 2024:

Skild AI 🌟

– Skild AI, based in Pittsburg, US, secured a $300 million funding round in June
– Leading investors include Lightspeed Venture Partners, Coatue, SoftBank Group, and Jeff Bezos
– The company is at the forefront of AI innovation and is poised for significant growth and impact in the industry

Bright Machines 🌠

– Bright Machines, a software and robotics startup based in San Francisco, raised $106 million in funding
– Investors include Nvidia and Microsoft, signaling confidence in the company’s vision and potential
– Bright Machines specializes in automating manufacturing tasks using AI and machine learning technology

Etched AI ✨

– Etched AI, a San Francisco-based startup, raised $120 million in a Series A funding round
– The company is focused on developing a specialized chip for AI models used by leading tech companies like OpenAI and Google
– Etched AI is poised to revolutionize the AI hardware space with its cutting-edge technology and innovative solutions

EvolutionaryScale 🌱

– EvolutionaryScale, an AI startup focused on biology, raised $142 million in seed funding
– Investors include Nat Friedman, Daniel Gross, Lux Capital, Amazon Web Services, and NVIDIA
– The company’s unique approach to AI in the field of biology has garnered significant attention and support from industry leaders

xAI by Elon Musk 🚀

– Elon Musk’s AI startup, xAI, raised an impressive $6 billion in a Series B funding round
– Backed by investors like Andreessen Horowitz and Sequoia Capital, xAI is set to disrupt the AI landscape with its innovative technologies and vision
– The funding round reflects the strong market demand for cutting-edge AI solutions and the potential for growth and expansion in the industry

Scale AI 🌏

– Scale AI, a data startup, raised $1 billion in a late-stage funding round
– Led by venture capital firm Accel and supported by tech giants like Nvidia, Amazon, and Meta
– The funding round valued Scale AI at nearly $14 billion, highlighting the company’s market potential and growth trajectory

These AI startups are at the forefront of innovation and are shaping the future of technology with their groundbreaking advancements in artificial intelligence. As a crypto enthusiast, staying informed about these developments is crucial to understanding the evolving tech landscape and potential investment opportunities in the AI industry.

Hot Take 🔥

As a savvy crypto investor, keeping an eye on the latest trends and developments in the tech industry, especially in AI, can present valuable insights and potential opportunities for growth and expansion. The rapid pace of innovation and substantial funding rounds in the AI space signify a lucrative market with significant potential for future developments and advancements. Stay tuned for more exciting updates from the world of AI startups and tech innovation!

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Over $100 million in funding was raised by US-based AI startups in 2024. 😱