Replit, a San Francisco-based IDE provider, just secured $100 million in funding to further develop their AI-driven code-generating tool Ghostwriter, helping the company reach a post-money valuation of up to $1.16 billion. This new round was backed by renowned investors, including Andreessen Horowitz, Khosla Ventures, Coatue, SV Angel, Y Combinator, Bloomberg Beta, Naval Ravikant, ARK Ventures, and Hamilton Helmer. With the new funds, Replit is looking to focus on expanding its core product experience, cloud services, and AI innovation. Founded in 2016, Replit is an online collaborative IDE supporting programming languages like Java, Python, Go, and C++. Their signature feature of Ghostwriter is a suite of AI models suggesting and explaining code powered by open source. Since launch, Replit has grown to 20 million users and is now looking to move forward with more professional development offerings.
Luca is a startup that provides retailers with tools to optimize prices and make accurate pricing predictions. With support from Menlo Ventures, Y Combinator, Soma Capital, and other investors, the company raised $2.5M in seed funding. Luca's AI-driven platform turns sales and inventory data, market trends, and competitor prices into clear pricing adjustments to maximize retailer revenue and growth. 8 brands, 2 of them Fortune 500 companies, have already used Luca's platform.
OpenAI, an AI research lab, recently released new privacy settings on its chatbot, ChatGPT, to give users more control. You can now disable your history so only consenting conversations are used to train the AI models. Export your data with an email to get a full conversation history. OpenAI also has plans for a Business subscription for those needing even more control. With Altman at the helm, OpenAI is making changes to help create positive AI for a brighter future.
Alaan, a UAE-based corporate spend management fintech using OpenAI's advanced AI technology to provide context-aware insights and answers to business related questions in real-time. Secured by Y Combinator, Alaan is the first UAE-based startup to access ChatGPT-4. Get AI powered corporate spend management with personalized insights, identification of spending patterns and trends, natural language processing and more.
OpenAI, an AI research engine based in San Francisco, just added new features to their popular AI chatbot, ChatGPT. With an Incognito Mode, users of ChatGPT now can get enhanced data controls and the security of their conversations and private data. They'll also be able to export data before it is deleted after 30 days, ensuring compliance with European privacy laws. Sam Altman, co-founder, and CEO of OpenAI is passionate about using AI to benefit society.
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?