Investment in AI startups hits historic levels, with $113.3 billion invested in 2021. Discover the top pitch decks used by European founders to woo venture capitalists. From health to property, find out which startups are securing funding.
. Synthesia is the latest AI startup to benefit from increased investments in the sector, with talks of a potential funding round from Accel that could value the company at up to $1 billion. With its platform, users can now create professional videos with realistic virtual presenters perfected in 15 minutes. Its technology has been used for major campaigns, including David Beckham's 'Malaria Must Die' that had nine languages. Such advancements have raised awareness of ethical and safety applications, leading to exclusive use of the platform.
. Discover how upcoming US Presidential election in 2024 is being shaped by rapidly advancing AI technology, giving average individuals the power to create convincing audio, visuals and videos of political candidates. This could have a huge impact on US democracy; read on to learn more about AI's increasing influence on politics. #AI #democratization #USelection #politics
Iris Audio, an AI startup based in London, has raised $7 million in its Series A funding round led by Puma Private Equity. Its AI-powered voice isolation technology enhances audio quality while improving accuracy rates and reducing call center Average Handling Time. Puma understands the startup's scalability and revenue model and has invested in this venture. Jacobi Anstruther, the founder and CEO of Iris Audio, is delighted and plans to expand the team and its presence across the world.
. Jennifer DeStefano of Scottsdale, Arizona was tricked by a scammer who used a voice clone of her 15-year-old daughter. He threatened to harm her daughter unless DeStefano paid a ransom of $50,000. Companies like ElevenLabs are developing AI-based voice-cloning software, leading to an increasing risk of similar scams if one does not stay vigilant. The FBI advises caution when dealing with unknown contacts - don't be a victim like Jennifer DeStefano.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?