5 generative AI startups you need to know about

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5 generative AI startups you need to know about
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By Kirstie McDermott A new record was set for VC investments in 2021, in what turned out to be a banner year for venture capital …

By Kirstie McDermott A new record was set for VC investments in 2021, in what turned out to be a banner year for venture capital funding in the U.S. These ticked up to around $345 billion, nearly twice as much as the previous year. Of course, 2022 and 2023 weren’t quite so stellar. While $242 billion of funds were invested in young, innovative, non-listed companies in 2022, this was a considerable drop on the year before. 2023 was worse again, with just $170.

It alleges that the data Suno is using to train its models infringes on copyrights held by major record labels. Perplexity AI search engine Perplexity was founded in 2022 and its investors include Jeff Bezos, SoftBank and Nvidia. It has experienced huge growth since its inception and has already reached a Unicorn valuation. AliveCor Generative AI offers huge potential in healthcare, and AliveCor is interested in heart health.

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