Summary: Canva, the popular browser-based design software platform, is reportedly in talks to enable employees and investors to sell stock worth more than $1 billion to new investors in a private stock sale. If the deal goes through, Canva’s valuation would reach $26 billion, making it one of the largest transactions by high-profile tech startups recently. Canva, founded in 2013, has seen significant growth over the years and currently has 135 million active monthly users. This potential stock sale comes after Microsoft launched a rival offering called Designer in 2022, prompting Canva to enhance its features and capabilities.
Title: Perplexity Aims to Revolutionize Search with Combined Generative AI and Citations
Summary: Perplexity, a conversational AI platform, is setting out to compete with popular chatbots like ChatGPT by combining generative AI with search functionality. The platform allows users to input a prompt and receive answers supported by citations and sources. With 10 million monthly active users and 500,000 mobile app downloads, Perplexity focuses on making AI-powered search more efficient and transparent in an era where misinformation and AI hallucinations are concerns. The startup recently raised $73.6 million in Series B funding, which will be used to further expand its AI platform and drive consumer adoption.
Title: Robin AI Secures $26 Million in Funding to Enhance AI Assistant for Legal Field
Summary: London-based startup Robin AI has raised $26 million in Series B funding to improve its AI assistant for the legal industry. The company’s legal copilot, built on the Anthropic’s Claude large language model, significantly reduces contract review time by 85%. Robin AI combines its proprietary contract data with the language model and further refines it through lawyer input to ensure accuracy. With clients including PepsiCo and PwC, the funding will support the expansion of Robin AI’s team in the U.S. and the opening of an office in Singapore to tap into the Asia-Pacific market.
Title: Nabla Receives $24 Million in Funding to Support Growth of AI Assistants for Healthcare Practitioners
Summary: Paris-based startup Nabla has raised $24 million in Series B funding to develop AI assistants for healthcare practitioners. Nabla’s AI-powered note-generation capabilities and medical coding recognition aim to save clinicians time, enabling them to focus more on patient care. With approximately three million consultations conducted through its Copilot tool annually and over 20,000 providers adopting its ambient AI assistant, Nabla plans to expand across U.S. healthcare systems with its latest funding from lead investor Cathay Innovation and other contributors.
The source of the article is from the blog kunsthuisoaleer.nl