Good morning, aspiring leader of the next generation! ☀️

🚀 Have you heard the latest AI news? Ready for today's tech rollercoaster? Let's ride!

BlackRock and Microsoft are cooking up a $30B AI megafund. It's like Godzilla and King Kong decided to open a lemonade stand together! 🦖🦍💰

Google's playing "spot the AI" with images in Search. It's like a high-tech game of "Where's Waldo?" but Waldo is made of pixels and existential dread! 🔍🤖

The iPhone 16 Pro Max is giving us a peek at a smarter future. For just $1,200, you too can feel like you're living in "Her" minus the creepy OS romance! 📱💘

Workday's gobbling up Evisort faster than you can say "AI-powered document platform." It's like they're playing tech Monopoly and just landed on Boardwalk! 📄🎩

Snap's letting creators play AI movie director. Soon, your friend's story will be directed by Spielberg... or at least his digital doppelganger! 🎬👻

Mistral's handing out free AI model tests like samples at Costco. It's the all-you-can-eat buffet of machine learning! 🍽️🧠

📔#1 Insights Today on AI. Click the Links to Read

Regina Barzilay is an Israeli-American computer scientist. She is a professor at the Massachusetts Institute of Technology and a faculty lead for artificial intelligence at the MIT Jameel Clinic. Her research interests are in natural language processing and applications of deep learning to chemistry and oncology.

⬆️ ️ Trends: How Businesses Implement AI

GreenLite, founded by ex-Gopuff executives Ben Allen and James Gallagher, is tackling the complex world of construction permitting with an AI-powered platform. Inspired by challenges faced during Gopuff's expansion, GreenLite aims to standardize and streamline the permitting process across multiple jurisdictions.

The platform allows customers, from retailers to home builders, to conduct construction plan reviews almost entirely via software. GreenLite's unique approach integrates construction drawings, zoning data, local building codes, and expert compliance markup into a single database. The company is authorized to review plans and perform inspections in about 2,000 jurisdictions, offering a more comprehensive solution than competitors.

GreenLite's innovation has attracted significant investor interest, recently closing a $28.5 million Series A round led by Craft Ventures. This brings their total funding to $36.5 million, which will drive market expansion and customer acquisition in sectors like lodging, industrial, and green infrastructure.

With "dozens" of clients and plans to expand its 30-person team, GreenLite is positioning itself as a key player in modernizing the construction permitting process. By addressing the perpetual need for building permits in both new construction and renovation, GreenLite aims to transform an traditionally antiquated and manual industry into a more efficient, software-driven process.

🛸Let’s Teleport in The Future

Arzeda Secures $38M to Advance AI-Driven Protein Design for Sustainable Products

Key Points:

1. Company Overview:

   • Founded in 2009 by researchers from the University of Washington's Baker Lab.

   • Focuses on using AI for protein and enzyme design.

   • Aims to create sustainable alternatives to chemical-heavy goods.

2. Technology:

   • Combines biophysics-informed AI models with generative AI methods.

   • Uses proprietary dataset of protein sequences and structures for training.

   • Includes experimental validation to filter out AI hallucinations.

3. Funding:

   • Raised $38 million in an oversubscribed round led by Sofinnova Partners.

   • Total funding now at $83 million.

4. Products and Partnerships:

   • Developing a natural stevia-based sweetener for an unnamed consumer brand.

   • Creating laundry detergents for Unilever.

   • Collaborating with W. L. Gore on biodegradable materials.

   • Working with AAK (confectionery fats company) and the Department of Defense.

5. Business Model:

   • Generates revenue through sales of designed proteins/enzymes and end products.

   • Handles validation and manufacturing of designed proteins.

6. Company Stats:

   • 70 employees.

   • Generating revenue (specific figures not disclosed).

7. Future Plans:

   • Scaling up production of natural sweetener.

   • Supporting commercialization of other enzymes in the portfolio.

Industry Context:

Arzeda is part of a growing field applying AI to protein design, with applications ranging from sustainable consumer products to industrial processes. The significant funding reflects investor confidence in the potential of AI-driven biotechnology.

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I hope you find these resources helpful.Let me know if you have any questions, if there's anything else I can do to assist you, or what you would like to learn more about in AI.

Have an amazing day!

No more playing catch-up. It's time to GET AHEAD!!! 🚀🚀🚀

🙌🏼

Elena

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