When you really probe venture capitalists about investing in AI startups, they’ll tell you that businesses are experimenting wildly but are very slow to add AI solutions into their ongoing business processes. But there are some exceptions. And one of…
For some businesses, there is a clear path to growth that doesn’t involve acquiring other companies or expanding organically: franchising. The U.S. has more than 800,000 franchise businesses, according to Statista, and that number is predicted to keep growing year…
In 2020, Kathryn Wu launched a side hustle while she was working as a product engineer at Pinterest. Wu started a milk tea company, OhTea, with the hopes of connecting with local grocery stores and gift shops to get them…
SleekFlow, a Singapore- and Hong Kong-headquartered social commerce platform that has built a conversational AI suite for customer engagement targeted to Asian markets, said Wednesday it had secured an additional $7 million in funding. The money will be used to…
Parker Conrad, founder of Rippling, an HR startup valued at $13.5 billion, shared some interesting thoughts about AI during a recent appearance on our Found podcast. “No one actually wants to chat with their HR software beyond the sort of…
Construction companies deal with a lot of documents — so many that it can be difficult to process and manage them all. According to one recent survey, a third of construction professionals found accessing documents to be a challenge in…
The AI industry continues to release tons of new models, and companies looking to stay competitive are racing to adopt them for their purposes. In fact, nearly 10% of businesses plan to spend a whopping $25 million this year on…
The U.S. Department of Defense is a mammoth organization. It not only employs millions of service members and hundreds of thousands of civilian employees, but also has the world’s largest military budget that’s used to buy and maintain more equipment…
Simulating the real world is a tremendously complex problem if you want to do it at any useful level of fidelity. Traditional techniques are holding back design teams at vehicle and aerospace companies, but BeyondMath is putting AI on the…
AI models have proven capable of many things, but what tasks do we actually want them doing? Preferably drudgery — and there’s plenty of that in research and academia. Reliant hopes to specialize in the kind of time-consuming data extraction…