foundational

“Bioptimus Secures $35M in Seed Funding to Propel AI-Driven Biological Model Development”

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There’s a new generative AI startup based in Paris. Bioptimus will leverage this unique data set to train its foundational model. Creating new AI models is such a daunting task that creating a separate entity made more sense. “As a ‘pure player’ in foundational models, Bioptimus is better set up to do this.”The startup has also signed a partnership with Amazon Web Services. Now that Bioptimus is well funded, it’s time to work on the AI model and see what the biotech research community can do with it.

“Revolutionizing Graphic Design: How Recraft’s Unique Approach Addresses the AI Debate”

Recraft
The latest is Recraft, an AI graphic design generator aimed at professionals, which has raised a $12 million Series A round led by Khosla Ventures in Silicon Valley, together with former GitHub CEO, Nat Friedman. Admittedly there are now myriad Generative AI design tools out there, such as Jasper, Adobe Sensei, Let’s Enhance, and many others. And then you generate images using this style of reference. But to date, many of the generative AI design solutions have been targeting consumers, rather than professionals that require high degrees of control. Recraft delivers on professional workflows such as vector images, style controls and end-to-end content production, all powered by in-house built foundation models.”