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The startup ecosystem is currently evolving at a higher pace than ever. Investors’ expectations have changed, and fundraising is a huge challenge for startups. Crunchbase data shows that seed and angel investment to U.S. startups fell 50% year over year in the second quarter of 2023. Seed and angel investments in the U.S. are facing their lowest…
If you dive into the topic of what is an AI assistant exactly, you are probably confused by now. To be honest, I can not blame you for that. The reason behind this is that people use AI assistants interchangeably with AI virtual assistants in the common language. In this article, we break down what…
The advancement of artificial intelligence (AI) impacts every industry. AI has revolutionized businesses across the landscape, shaping each industry in unique ways. Alongside many industries, the legal field is also heavily impacted by the evolution of AI. There is no doubt that AI has changed the legal landscape with the introduction of legal AI tools. Many…
You might have heard the term equity stake thrown around in business discussions or financial news. And probably ask yourself the question: What is an equity stake? What does a 10% equity stake mean, or how much stake should I give to investors? Equity stakes meaning An equity stake is a pretty simple concept; an…
You have probably heard about names like ChatGPT, DALL-E 2, and GPT-4—they are all incredible products from OpenAI. OpenAI has been at the forefront of generative artificial intelligence, making it accessible to everyone for free and creating massive hype in the past year. However, reaching the top of the mountain and staying there are two…
Artificial Intelligence (AI) has become an inseparable part of our lives, impacting businesses and daily routines. We have reached the point when AI can do many things for your business. Moreover, many products and services we use daily rely on implementing AI solutions. Next time you turn on Netflix, remember they also use machine learning….
Nowadays, the introduction of generative artificial intelligence tools has played a crucial role in improving companies’ workflows. These intelligent solutions are incredibly versatile, flexible, and cost-effective, making them easy to deploy in various industries. The generative AI landscape is advancing rapidly, with new players emerging almost every month. Although numerous generative AI companies are established,…
The San Francisco-based OpenAI, the company behind AI tools like ChatGPT and DALL-E, launched a $100M program last year to fund early-stage AI startups. The OpenAI Startup Fund aims to support AI initiatives with capital and access to OpenAI tech and resources. What is OpenAI Startup Fund? Fourteen investors are backing the OpenAI Startup Fund, including Microsoft…
Most startup founders reach the point when they need additional financial sources, and bootstrapping is not enough. Whether it is developing an MVP, attracting new customers, or simply boosting growth, raising money can arise for various reasons. This is when angel investors and venture capital firms (VC firms) can enter the scene to provide the…
We are living in a fantastic time. People have a chance to see many innovations in such a short period. In the world of startups, artificial intelligence (AI) has become a catalyst for transformation. Numerous AI startups are established worldwide every day, but only a few can reach significant traction early. Caktus AI is one…