Canva launches a suite of AI tools for Educators

Today’s Highlights:

📰 Top Stories: Canva launches a suite of AI tools for Educators and AI regulation moves forward in Europe.

💰 Funding: Databricks acquires data replication startup Arcion for $100M.

⚡️ Quick News Hits

• Canva launches a comprehensive education platform w/ integrated AI tools, ready-to-teach lessons, and 5,000+ more classroom resources.

• European Union faces hurdles in finalizing AI regulations, potentially pushing the deal into 2024.

• UK's upcoming AI governance summit, which aims to build international consensus on mitigating the risks of runaway artificial superintelligence, faces criticism for prioritizing hypothetical AI catastrophes over practical AI issues.

• Qualcomm's Snapdragon 8 Gen 3 chip leaks w/ strong focus on AI, will debut in Samsung Galaxy S24, bringing advanced capabilities to Android phones and challenging Google's Tensor processors.

• NVIDIA Research unveils an AI agent named Eureka powered by GPT-4 to autonomously teach robots complex skills, without human-defined rewards, outperforming experts in 83% of cases

• Apple invests $1Bn annually to catch up in generative AI, aiming to enhance Siri, Messages, and Apple Music.

• Microsoft commits $3.2Bn to bolster AI and cloud computing in Australia amid AI regulation discussions.

• Washington lawyer linked to OpenAI orchestrates a letter advising Congress against AI copyright laws.

• UK government under scrutiny for using AI in welfare, immigration, and justice decisions.

• Researchers introduce LLEMMA, an open-source math-focused AI, which outperforms rivals, advancing mathematical problem-solving.

• Reddit contemplates blocking Google and Bing's search crawlers amid data-sharing disputes with AI companies.

• Apple cancels Jon Stewart's Apple TV show due to disagreements over covering AI and China-related topics.

💰 Funding News

1. Databricks, the data lakehouse platform known for AI and data analytics, acquired data replication startup Arcion for $100M to provide seamless data ingestion.

2. Zhipu AI, a prominent AI foundation model developer, specializing in large-scale AI models, raised a total of 2.5 Bn yuan (approximately $340M) in financing, primarily from Chinese Tech Titans including HongShan (formerly Sequoia Capital China), Shunwei Capital, Hillhouse Capital, Legend Capital, Ant Group, Alibaba, Tencent, Xiaomi, Meituan, Kingsoft, TAL Education Group, and Boss Zhipin.

3. Luzia, an AI-powered multilingual chatbot built to generate text, transcribe audio, and create images, raised a $10M Series A led by Khosla Ventures.

4. Credit Genie, a digital personal finance platform that leverages AI+ML to revolutionize risk management and personalized budgeting for the middle class, raised $10M led by Khosla Ventures.

5. Ai Build, which specializes in AI-powered software for additive manufacturing (3D printing), raised a $8.5M Series A, led by IQ Capital w/ participation from Nikon.

6. ZenML, an open-source framework that empowers companies to build private AI models, raised a $6.4M Seed Round Extension, led by Point Nine w/ participation from Crane.

7. Tofu, a generative AI platform focused on B2B marketing, raised a $5M Seed round, led by Index Ventures w/ participation from SignalFire, Stage 2 Capital, and Liquid 2 Ventures.

8. Skoon Energy, an AI-powered software platform that connects users with clean mobile energy systems, raised a $5.6M Series A, led by Blue Bear Capital.

9. Laxis, an startup building an AI assistant for revenue teams, raised a $1.5M Seed round, from investors including Elevate Ventures and Flywheel Fund.

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