SWIRL’s Post

Forbes’ AI 50 honors the privately-held startups developing the most promising business use cases of artificial intelligence. The list is compiled in collaboration with data partners Sequoia and Meritech Capital. The sixth annual edition saw an influx of list newcomers that are supplying the tools or developing the applications to bring generative AI’s technical advances to the enterprise. Creation of the annual list begins with an open call for nominations and, with the help of data partner Meritech Capital, outreach to thousands of possible contenders. Companies do not pay a fee for consideration. Rather, applicants share both qualitative information — such as business models, technical talent and how they’re building and using AI-enabled technology — and quantitative figures such as fundraising, valuation and revenue history. Applicants have the option to submit certain data confidentially. Forbes encourages companies to submit diversity data, though this component is optional. Forbes, Meritech and Sequoia additionally identify a small group of standout startups which did not submit applications, but which deserve further consideration; for these companies, we evaluate publicly available information, including data from PitchBook, Crunchbase and LinkedIn. Starting last year, we expanded eligibility from companies in North America to all privately-held companies globally. This year, Forbes received 1,932 submissions — more than double last year’s tally of 796 — making a spot on the AI 50 far more competitive than it has ever been. These submissions are reviewed quantitatively through a first-pass algorithm developed by Konstantine Buhler, a partner at Sequoia Capital. It scores companies based on three rough criteria: financial performance, company culture and diversity. The algorithm factors information from the submissions, including revenue gains, customer statistics, historical funding and valuation, as well as publicly available data, such as Glassdoor reviews and LinkedIn insights to generate a holistic ranking of all the companies. Non-disclosure of data does not negatively impact a company’s application, but disclosing that information may help the company stand out among its peers. https://lnkd.in/ekgRqWEZ

Embark on a transformative journey through the data landscape with the power of jeda.ai! 🚀 ✨ As someone deeply passionate about Generative AI, Entrepreneurship, Tech, and Innovative Thinking like Me, your experience is about to reach new heights. 💡🔍 At Jeda.ai, I can understand that your data is more than just numbers—it's a treasure trove of possibilities waiting to be discovered. 📊 💻 Jeda's AI Data Analysis platform is designed to elevate your experience, turning intricate datasets into strategic insights effortlessly. To know more you can visit:https://lnkd.in/eKuwqQ3Y 🌈💼 #DataInnovation #GenerativeAI #TechJourney #jedaai #ai

💡Hot off the press! Can an AI research engine revolutionise business intelligence in Europe? The answer appears to be a resounding YES! Amsterdam-based startup Scitodate, co-founded by Jon Ezeiza and Mehdi Farza, PhD., is utilising AI to redefine how researchers stay up-to-date with the latest developments in their fields, without the usual time-consuming scanning of multiple sources. 🏢 🌍 With a technology that generates personalised daily recommendations, filled with articles that cater to a user's specific interests, Scitodate creates an unparalleled platform for researchers, publishers, and universities to navigate the world of cutting-edge science with ease. From peer reviewer selection to improved personalised search, Scitodate is set to raise the bar in Business Intelligence! Don't miss out on this ground-breaking innovation. Read our fascinating article to learn more, as we delve deeper into Scitodate's vision and technology. https://lnkd.in/eQYNdzFE #AI #research #businessintelligence #europestartups #innovation Let's change the way we consume and share knowledge - with Scitodate! 🌐 Check out their LinkedIn page and website for more insights. https://lnkd.in/eHcUV4S8

🔎 Which industries have the most data scientists? And does this drive AI innovation? I've been analyzing the US Bureau of Labor Statistics data, in conjunction with Crunchbase data on AI startup concentration per industry, and the results thus far are pretty interesting! Comment below if you're interested in reading the full analysis, and I'll send you a copy once it's ready. Dasein Capital Charles Ko Scott Russo Dustin O'Dell Evan Schnidman #ai #venturecapital #datascience

🚀 **AI Insight: The Power and Pace of Open-Source AI** 🚀 Ever wondered what's driving the astounding speed of AI development? Let's dive into the highlights of a remarkable AI innovation and what it means for businesses and developers: - **Mistral AI's Game-Changing Release**: The AI startup, Mistral AI, has just unveiled Mixtral 8x7B—an open-source model that's shaking up the AI world. With a whopping 45B parameters, this model is nailing NLP benchmarks and running 6 times faster than its predecessors! - **What Sets Mixtral 8x7B Apart?** - *Selective Expertise*: Unlike typical models that utilize all parameters, Mixtral only deploys 12B out of its 45B total parameters for each inference. - *Cost-Efficiency*: Thanks to its innovative approach, operating costs are similar to a 12B parameter model. - *Open Access*: In an unprecedented move, Mistral AI tweeted a link for anyone to download their cutting-edge model. - **Why Does This Matter to You?** - *Faster Inference Speed*: Tasks get done quicker, which can drastically improve efficiency in real-world applications. - *Reduced Costs*: Save on expenses without compromising on model performance. - *A World of Opportunities*: Access to these models means smaller teams and startups can now innovate at the level of tech giants. - **The Bigger Picture**: With these developments, we're seeing a shift in the AI landscape. OpenAI's dominance is being challenged, democratizing access to powerful AI tools. 🧑💼 **For Professionals & Entrepreneurs**: Stay tuned to the evolving AI frontier. Today's open-source models could be the backbone of tomorrow's industry-disrupting products. 🤖 **In Conclusion**: AI continues to evolve at breakneck speed. Innovations like Mistral AI's open-source models are not just technical feats—they're catalysts for democratizing AI and inspiring a new wave of digital transformation. 💭 What's your take on the impact of open-source AI in your industry? Share your thoughts below! #AIInnovation #OpenSourceAI #TechTrends

The moats are in the customers, not the data!!! Curious what folks think. Interesting nugget buried in this article on Sequoia's learnings on GenAI (written 6 months ago).. The moats are in the customers, not the data. We predicted that the best generative AI companies could generate a sustainable competitive advantage through a data flywheel: more usage → more data → better model → more usage. While this is still somewhat true, especially in domains with very specialized and hard-to-get data, the “data moats” are on shaky ground: the data that application companies generate does not create an insurmountable moat, and the next generations of foundation models may very well obliterate any data moats that startups generate. Rather, workflows and user networks seem to be creating more durable sources of competitive advantage. #genai #startupstrategies #data https://lnkd.in/g-KpC5mh

It's been interesting learning to build gen AI pilots, but scaling them to enterprise level is challenging. Insights from McKinsey reveal that only 11% of companies have managed to scale gen AI. In an article, they explore about 7 things that businesses should be aware of before they scale gen AI. The top ones are: 1. Eliminate the noise and focus on the signal. 2. Don't spend too much time assessing individual components of gen AI. 3. Get control over the costs before they sink you. Read the full list here: https://mck.co/4dGF1MP #McKinsey #GenAI #Tech #Innovation

It's been interesting learning to build gen AI pilots, but scaling them to enterprise level is challenging. Insights from McKinsey reveal that only 11% of companies have managed to scale gen AI. In an article, they explore about 7 things that businesses should be aware of before they scale gen AI. The top ones are: 1. Eliminate the noise and focus on the signal. 2. Don't spend too much time assessing individual components of gen AI. 3. Get control over the costs before they sink you. Read the full list here: https://mck.co/4dGF1MP #McKinsey #GenAI #Tech #Innovation

As we approach the end of the year, it's not only a time for reflection but also forward-thinking. At Pragmatic Coders, we believe in staying ahead of the curve, especially in the rapidly evolving field of Artificial Intelligence. 📈 Our team has analyzed past trends and emerging patterns to craft our predictions for AI in 2024. I am excited to share these insights in our latest article on Medium, which has already garnered close to 40,000 views and nearly 4,000 reactions. The response from readers strongly suggests that our predictions are on point and resonate with what the tech community anticipates for the upcoming year. 🚀 In this thought-provoking piece, we delve into various aspects of AI that are poised to make significant strides in 2024. From advancements in machine learning algorithms to ethical AI considerations, our article provides a comprehensive outlook invaluable for anyone involved in tech, whether you're a startup founder, a digital product manager, or a tech enthusiast. 🌐 The end of the year is the perfect moment to gear up for what's next. Dive into our article, join the conversation, and let's navigate the future of AI together! 🔗 Read the full article on Medium: https://lnkd.in/dxbKs8rJ #PragmaticCoders #AITrends2024 #Innovation #ArtificialIntelligence #FutureTech

🧠 AI.DAPT or DIE: The ultimate #genai workshop is here! 🤖 𝐖𝐡𝐚𝐭'𝐬 𝐎𝐧 𝐓𝐡𝐞 𝐀𝐠𝐞𝐧𝐝𝐚? → 𝑮𝒆𝒏𝒆𝒓𝒂𝒕𝒊𝒗𝒆 𝑨𝑰 𝑼𝒏𝒗𝒆𝒊𝒍𝒆𝒅: Discover everything you MUST know about Generative AI. → 𝑺𝒊𝒍𝒊𝒄𝒐𝒏 𝑽𝒂𝒍𝒍𝒆𝒚 𝑺𝒆𝒄𝒓𝒆𝒕𝒔: Learn what's at stake and how to armor up for the AI-related challenges ahead. We're bringing Silicon Valley strategies to your doorstep, showing you how to stay ahead in the AI game. → 𝑳𝒊𝒗𝒆 𝑫𝒆𝒎𝒐𝒔: Watch and experience the most advanced genAI tools for creativity and business in action. These are game-changers that you don't want to miss! → 𝑻𝒉𝒆 𝑫𝑨𝑭𝑻 𝑭𝒓𝒂𝒎𝒆𝒘𝒐𝒓𝒌: New to AI? No problem! We'll introduce you to the DAFT Framework, designed specifically for AI beginners. This is your guide to crafting precise instructions for generative AI, ensuring you get high-value outputs every time. → 𝑩𝒖𝒊𝒍𝒅 𝒂 𝑷𝒐𝒏𝒆𝒚𝒄𝒐𝒓𝒏 𝒊𝒏 45 𝒎𝒊𝒏𝒖𝒕𝒆𝒔: Yes, you read that right! Engage in a 45-minute hackathon where creativity meets AI in an eye-opening session about a stealth Poneycorn. It's time to harness the power of AI like never before, using Maestrix.ai's framework and proprietary tools. 🌟 𝐖𝐡𝐨 𝐒𝐡𝐨𝐮𝐥𝐝 𝐀𝐭𝐭𝐞𝐧𝐝? If you're a Founder, Co-founder, CEO, or a leader at the director level or above, looking to navigate the AI wave confidently, this workshop is for you. Whether you're in Paris, San Francisco, Los Angeles, New York, or London, this is your chance to join a community of forward-thinkers ready to AI.DAPT or DIE. 📅 𝐃𝐨𝐧'𝐭 𝐌𝐢𝐬𝐬 𝐎𝐮𝐭! The future waits for no one, and neither does the AI.DAPT or DIE workshop. Spaces are limited, and trust us, you don't want to be the one hearing about it after the fact. Let's dive into the world of generative AI together and unlock new levels of creativity and innovation in our businesses. 💡 𝐑𝐞𝐚𝐝𝐲 𝐭𝐨 𝐀𝐈.𝐃𝐀𝐏𝐓? 💡 Join us and transform the way you think about business and technology. It's more than a workshop; it's the beginning of your AI-powered journey. See you there! #GenerativeAI #Innovation #BusinessTransformation #AIWorkshop #FutureOfWork #PoneycornHackathon #TechLeaders ________________________ 💼 Connect with me to discuss how generative AI can revolutionize your business strategy and keep you ahead in the competitive landscape. ✉️ DM for more details or to reserve your spot now!