May 27, 2023

Startups to Watch in AI: Artificial intelligence firms on the rise

Posted by in category: robotics/AI

Generative AI startup Jasper is creating an AI marketing assistant capable of writing ad copy, blogs, and other web content. Founded just two years ago, the startup raised $125 million in October at a $1.5 billion valuation.

AI startup Magic. Dev wants to make it easier to write computer code. The company uses large language models like OpenAI’s ChatGPT to develop software that can write lines of code based on a text prompt. The program is meant to make software engineers more efficient. The company has raised $28 million to date from investors including Alphabet’s CapitalG.

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