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  • EvenUp Raises $135M, Reaching a $1B Valuation for AI-Driven Legal Document Solutions!🌟

EvenUp Raises $135M, Reaching a $1B Valuation for AI-Driven Legal Document Solutions!🌟

EvenUp Raises $135M, Reaching a $1B Valuation for AI-Driven Legal Document Solutions!🌟

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Fabien B
October 10, 2024

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Want to get the most out of ChatGPT?

Revolutionize your workday with the power of ChatGPT! Dive into HubSpot’s guide to discover how AI can elevate your productivity and creativity. Learn to automate tasks, enhance decision-making, and foster innovation, all through the capabilities of ChatGPT.

📖 TODAY’S ISSUE

🧵 Here are some insightful AI updates and tools we’ve curated for you today:

🚀 Latest in AI and Tech Discover cutting-edge AI advancements and transformative technologies.

🛠️ Cool AI Tools Explore innovative tools that are revolutionizing the AI landscape.

💡 AI Tips and Best Practices: Get actionable insights to enhance your AI projects and productivity.

🚀 Emerging Innovators: Spotlight on the Latest AI and Tech Startups

As AI continues to evolve, it’s revolutionizing how we manage tasks, streamline workflows, and unlock creativity. From personal productivity to content creation, here are 15 AI apps that will transform how you work in 2024:

  1. Beloga – Your personal knowledge manager, seamlessly organizing data and boosting informed decision-making.

  2. Veed – Simplifies video editing with AI-generated subtitles, automatic scene cuts, and color correction.

  3. LEX – An AI writing assistant that refines style, enhances grammar, and elevates clarity in all your written content.

  4. Shortwave – Streamlines email management by drafting emails, summarizing threads, and prioritizing key messages.

  5. Recall – Summarizes articles and research into bite-sized chunks, offering flashcards for learning retention.

  6. Fabric – Automatically organizes your digital files, bookmarks, and videos, turning chaos into order.

  7. Rosebud – An AI journaling tool that offers emotional insights and tracks personal growth over time.

  8. Pi – A compassionate AI companion for emotional support and brainstorming practical solutions.

  9. Mapify – A visual tool for brainstorming ideas and organizing information into mind maps and flowcharts.

  10. Sparkle – An AI-powered file organizer that adapts to your habits, keeping files categorized and searchable.

  11. Jamie – AI note-taking for meetings, capturing summaries and action items, and automatically generating transcripts.

  12. Twos – Manages your tasks efficiently by prioritizing, delegating, and tracking progress.

  13. Snipd – Automatically summarizes and transcribes podcasts, extracting key points for easy consumption.

  14. Rise – An AI productivity coach that tracks your time, suggests improvements and helps set and achieve goals.

  15. Saner AI – Organizes and enhances your notes with auto-tagging categorization and creative collaboration.

What We Think

2024 is a year when AI apps become essential tools in every professional's arsenal. These 15 innovative AI-powered tools will help you stay organized, boost productivity, simplify complex tasks, and save valuable time. From managing emails and files to editing videos and summarizing content, these AI apps will allow you to focus on what truly matters while enhancing your creativity and efficiency.

A recent IBM Institute for Business Value study highlights the critical role of mainframes in driving artificial intelligence (AI) innovation and accelerating digital transformation for enterprises. Mainframes are seen as vital for supporting hybrid cloud strategies and handling 70% of global transactions by value. The study underscores how organizations leverage mainframe power for AI deployments in various functions, including innovation, cybersecurity, and operational efficiency, making them indispensable in today's data-driven world.

Google Rolls Out AI-Powered "Ask Photos" Search Feature

Google is expanding its AI-powered photo search feature, "Ask Photos," to more users. This tool allows you to use descriptive queries to find specific photos or videos from your gallery. Powered by Google’s Gemini AI, the feature understands context, such as people, locations, and events in your photos. For example, you can ask, “Where did we camp the last time we went to Yosemite?” or “What did we eat at the hotel in Stanley?” Ask Photos uses AI to deliver results based on details captured in your photos, enhancing the search experience.

HTX Ventures Explores AI and Web3’s Impact on DeFi and Beyond

HTX Ventures, the global investment division of HTX, is leading the charge in integrating AI and Web3 technologies, revealing investment opportunities and challenges in this evolving sector. Managing Director Edward emphasized how AI, such as zkML, transforms blockchain by enhancing transparency and security. AI is also revolutionizing DeFi with tools like predictive analytics and smart contracts. Despite these advancements, challenges like AI’s decentralization, smart contract limitations, and privacy concerns remain key hurdles. Edward predicted rapid growth for AI-Web3 projects, especially in DeFi, GameFi, and AI-driven smart contracts.

💡 Prompt of the Day

AI in Education: Revolutionizing Learning or Undermining Traditional Methods?

Prompt: How is AI transforming education, and what are the potential benefits and drawbacks of integrating AI into learning environments?

💻 COOL AI TOOLS

Superhuman is an email management tool designed to help SaaS companies streamline their inboxes with advanced features like keyboard shortcuts, split inboxes, and email tracking. It focuses on boosting productivity by making email management faster and more intuitive, allowing teams to stay on top of communication with minimal effort.

A SaaS operations platform that helps businesses manage and secure their SaaS applications. BetterCloud automates critical workflows such as onboarding, offboarding, and security compliance, ensuring that teams can efficiently manage access and protect sensitive data across their SaaS stack.

A comprehensive HR platform offering SaaS companies payroll, benefits, and employee management solutions. Gusto simplifies human resources operations by automating payroll, managing benefits, and ensuring compliance, helping businesses focus on growth while keeping their teams happy and well-supported.

💸 WHO RAISED?

Discover startups who just raised funds.

EvenUp, an AI startup specializing in personal injury document generation, raised $135 million in a Series D round led by Bain Capital Ventures, reaching a $1 billion valuation. The platform, powered by EvenUp's proprietary AI model Piai, supports over 1,000 law firms and has helped claim over $1.5 billion in damages. EvenUp's AI tools streamline legal processes, identifying missing documents and improving case outcomes by up to 30%. The company plans to expand its product suite, offering tools for case preparation and negotiation and a chatbot to assist with legal document analysis.

Suki, a healthcare startup specializing in AI voice assistants, has raised $70 million in a Series D funding round led by Hedosophia, with support from Venrock and March Capital. This brings Suki's total funding to $165 million, with the latest round valuing the company at around $500 million. Founded in 2017 by former Google executive Punit Soni, Suki's AI tools, such as the Suki Assistant, are designed to ease healthcare providers' administrative tasks. The growing adoption of generative AI, like OpenAI's ChatGPT, has further driven interest in Suki's products within healthcare systems.

Gurugram-based traveltech startup Holiday Tribe has raised ₹5.4 crore in a seed funding round led by Powerhouse Ventures and GSF, with participation from investors like Dinesh Agarwal, Murugavel Janakiraman, and actor Gaurav Kapur. Founded in 2023 by ex-MakeMyTrip executives Anshu Sharma and Chirag Goyal, Holiday Tribe offers customizable holiday experiences tailored to diverse travelers. The startup boasts a network of over 100,000 hotels globally and partnerships with more than 10 tourism boards. The funds will be used to enhance tech capabilities, expand the supply network, and strengthen brand-building efforts. With India’s outbound tourism market projected to reach $18.81 billion by 2024, Holiday Tribe aims to capture the growing demand for personalized travel experiences.

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