AUI News
3 articles
growth-positive
Augmented Intelligence raises $10m, signs Google Cloud deal
Israeli startup Augmented Intelligence (AUI) has emerged from stealth mode to announce the completion of a $10 million financing round, raising its total funding to $44 million and valuing the company at $350 million. The company, founded by Ohad Elhelo and Ori Cohen, has developed a neuro-symbolic AI model aimed at improving consumer purchasing decisions. Alongside the funding announcement, AUI has signed a joint distribution contract with Google Cloud, expected to generate $15-20 million in its first year. This partnership will see AUIs app featured in Google Clouds app store and marketed through a joint sales agreement targeting retail and tourism sectors.
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growth-positive
סטאפ רוצה להכניס את העוזר האישי לאפליקציה - ומגייסת 8.6 מיליון דולר
TechNation, a company that provides on-demand personal assistants, launched a soft version of its product in the US in December. Since its founding in October 2020, the company has raised a total of $11 million. TechNation aims to digitize the personal assistants industry through its marketplace. The article discusses the decline in the high-tech job market and the decrease in salaries.
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growth-positive
'It's always about helping others'
Ohad Elhelo, the co-founder of Delegate, a venture capital-backed mobile app, is receiving the Brandeis Alumni Entrepreneurship Award. Delegate is a technology company that offers a chief of stuff service for people who want to delegate time-consuming personal tasks. The app uses machine learning to break down tasks into a series of actions and provides employment opportunities to people around the world. Elhelo credits Brandeis International Business School for preparing him for his role and shaping his career trajectory. He sees the future of work as being impacted by automation and hopes that Delegate can empower people to earn income regardless of their location.
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