Generative AI
took flight in 2022
Projects like DALL-E 2, Imagen, Stable Diffusion and Midjourney launched to great fanfare this summer, ushering a wave of ‘generative AI,’ where computers trained on a collection of existing assets can produce entirely original content from natural language prompts.
By the fall, Runway ML and GitHub CoPilot demonstrated the possibilities of AI to expand beyond text-to-image to use cases in text-to-video and text-to-code. We are at a watershed moment in AI, where adoption is no longer a matter of if but when.
These advances are spearheaded by a mix of big tech companies, open source communities, and well-capitalized startups. We remain excited by the foundational research happening in university computer science departments, and the opportunity to translate this research to industry.
In September, we announced the MIT-Pillar AI Collective, a program launched in partnership with MIT to seed graduate students and postdocs launching AI companies with non-dilutive funding and advisory support. In November, we connected with researchers at the cutting edge at NeurIPS, the premiere machine learning and neural networks conference in North America.
We are excited to continue to explore the role AI will play in reshaping the future of our work and life.
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Salesforce for Engineering
Jellyfish raises $71M Series C
Jellyfish was co-founded by Andrew Lau, Phil Braden and David Gourley to drive engineering team productivity and align engineering resources with business priorities. The company raised a Series C led by Accel, Insight Partners, and Tiger.
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Linkedin for wage workersJobGet raises $52M Series B
JobGet rapidly connects hourly workers with jobs, providing interviewing tools and a social community. “Our ultimate vision is to become the home for the hourly workforce,” said CEO and co-founder Tony Liu, “not just job search but career progression, connecting with their community and more.”
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SECRET CONCERTS. Unique Spaces.Sofar Sounds launches Sofar Artist Services and VIP Experiences
Sofar Sounds is a global music community that connects artists and audiences through live music. The company brings people together to create space where music matters in 400 cities around the world.
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Allma brings dynamic workflow management to cross-functional teams at scale
Led by Founder & CEO Madeleine Reese, Allma integrates with Slack to streamline bug fixes and feature requests.
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Reclaim Health helps people save on healthcare
Led by founder & CEO Nataly Youssef, MIT spinout Reclaim Health helps you save on your healthcare bills and get the most out of your health plan options.
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Verve Motion partners with 350 Stop & Shop and Hannaford supermarkets
Harvard spinout, Verve Motion, provides an exoskeleton that removes 40% of the strain off a worker with every lift.
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Higharc simplifies and improves each step of the home building design, construction and sales process.
Led by a team from Desktop Metal, Carbon3D and Autodesk, Higharc is used by 31 communities to build and design homes.
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AnyQuestion lets members ask questions from world-class experts
Led by former Uber exec, Ed Baker, AnyQuestion is a premium social video app that lets members ask questions of world-class experts.
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Sofar Sounds launches Sofar Artist Services and VIP Experiences
Led by CEO Jim Lucchesse, Sofar Sounds hosts concerts in intimate and unique spaces in over 400 cities worldwide.
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, of Sofar Sounds
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CashEx wins $100,000 from the Google Black Founders Fund
Harvard spinout, CashEx, offers seamless digital banking for Africans in the US to send money home to their families with zero transaction fees.
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Parrot AI stores video conversations in a collaborative workspace
Led by former Carbon Black exec, Paul Morville, Parrot AI stores conversational video from meetings and presentations so teams can review and share them safely with others.
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Neural Magic launches DeepSparse Engine
MIT spinout Neural Magic drives maximum CPU speedups of NLP and computer vision models.
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Zapata Computing partners with Rigetti to develop hybrid quantum-classical compilation stack
Harvard spinout Zapata Computing develops quantum computing software and algorithms.
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