Funding to AI startups ‘more than doubled’ in Q2 

Bumble Introduces New Tool to Report AI-Generated Profiles

🤝 ChatGPT for brainstorming

👀 Quick Links

🌎 The Broad View:

• Need a website? Generate one with AI in seconds using Mixo.

  • For this week only, get 20% off all website costs using offer code deepview20 at checkout.*

• U.S. Nuke Agency Buys Internet Backbone Data (404 Media).

• Andreessen Horowitz is building a stash of more than 20,000 GPUs to win AI deals (The Information).

• China leads the world in adoption of generative AI, survey shows (Reuters).

• Etsy CEO says company is escaping ‘race to the bottom’ and getting back to its artisan roots (CNBC).

• Google is no longer claiming to be carbon neutral (Bloomberg).

  🤝 Trusted by over 5 million professionals, Kickresume uses ChatGPT-4 and proven job-winning phrases to help you land your dream job. Make your CV stand out today.*

🖥️ AI tools for work:

Kickresume: Join 5M job seekers using AI to craft life-changing resumes in seconds. Try it free! (link)

Pesto: Effortlessly add top-tier developers to your calendar with PestoAI's global sourcing, technical screening, and seamless scheduling. Pay only when you succeed. Exclusive 50% OFF for AI For Work readers today! (link)

Brilliant: Unlock your AI potential with bite-size, hands-on lessons in math, logic, and technology. Join 10 million learners and start your 30-day free trial today. Special discount for AI For Work readers! (link)

🤝 Events:

AI Conference:

Share 2 Days with the Brightest Minds in AI including scientists and engineers from OpenAI, Meta, Deepmind, and many more.

This week only -- Register using discount code: deepview24 for a $350 discount!*

Prepare for high-paying AI-enabled roles

Ready to transition to top AI/ML roles or get AI-enabled in your domain?

Interview Kickstart's courses help you build practical AI/ML skills taught live by FAANG+ experts and industry leaders.

✅Hands-on capstone projects and case studies

✅Taught live by FAANG+ AI expert instructors

✅Tailored for engineers and managers

✅1:1 Career support

Join the Free Webinar

Funding to AI startups ‘more than doubled’ in Q2 

Startups around the world experienced a bit of a surge in funding in the second quarter of 2024, according to Crunchbase data published Tuesday. 

The details: Crunchbase found that total funding for the quarter reached $79 billion, a 16% increase from the previous quarter. 

• AI represented the largest sector in the quarter; funding to AI companies — at $24 billion — made up some 30% of the total. 

• This spike in AI funding marks the largest single-quarter raise in recent years. It came in at more than double the funding the sector received the previous quarter. 

Why it matters: The surge in funding comes — as Crunchbase noted — despite an “uncertain” market. 

Concerns about revenue generation have been mounting, as we break down below. Analysts at Citigroup, meanwhile, said recently that it’s time for investors to start taking profits in the biggest AI names, expecting “significantly more volatility” ahead. 

But the venture side of things seems as excited about AI as ever. It will be interesting to watch the way funding data swings over the next quarter or two. 

Bumble Introduces New Tool to Report AI-Generated Profiles

Bumble has introduced a new reporting option for users to flag profiles suspected of using AI-generated photos and videos.

This move aims to curb the rise of deceptive AI-generated profiles on the platform. Users can now report such profiles under the "Fake profile" category. This initiative is part of Bumble's broader efforts, including the "Deception Detector" tool launched in February, which has significantly reduced fake profile reports.

Bumble's Vice President of Product, Risa Stein, emphasized the importance of maintaining a safe and trustworthy environment for meaningful connections. Bumble's founder, Whitney Wolfe Herd, also envisions AI playing a larger role in the future of online dating.

Effortlessly Schedule Developer Interviews with PestoAI

Imagine effortlessly adding top-tier developers to your interview calendar.

PestoAI can source and interview developers from around the globe, outperforming the average recruiter. You only pay when you succeed.

Using PestoAI feels like magic. Here's what happens behind the scenes:

• Targeted Sourcing: PestoAI curates candidates based on your job description, using a model trained by local market recruiters.

• Company Pitch: Pesto pitches your company to the best-fit developers.

• Technical Screening: Candidates undergo a thorough technical interview using our proprietary technology.

• Seamless Scheduling: PestoAI schedules the interviews directly on your calendar.

For AI For Work readers, PestoAI is offering an exclusive 50% OFF if you sign up today!

ChatGPT use case 🤝 

AI for Brainstorming Ideas

How It Works:

ChatGPT facilitates brainstorming by generating creative ideas based on provided topics or challenges. Users input the topic or problem they want to explore, and ChatGPT produces a variety of innovative ideas, concepts, and solutions to inspire further development.

Why Use It:

This tool enhances the brainstorming process, sparking creativity and offering diverse perspectives. Perfect for entrepreneurs, marketers, writers, and teams, it boosts productivity by delivering a wealth of ideas that can be refined and implemented.

Prompt Example:

Brainstorm ideas for [Topic/Challenge]. Generate a list of creative concepts, potential solutions, and innovative approaches. Ensure the ideas are varied and the tone is [Creative/Inspirational] for [Target Audience].

Thank You For Reading!

See you next edition!

-The AI For Work Team
Find Me On Twitter 
Find Me On LinkedIn

P.S. Whenever you’re ready, here are a couple of ways for us to work together:

1. Level up your business with AI. We can help grow your business, save time, and get way more done with advanced AI automation and workflows. Get an Unfair Advantage Today

2. Want to promote your business to my community of ,000+ entrepreneurs, engineers, professionals, and AI enthusiasts? Advertise in AI For Work

________