- Foundevo Newsletter
- Posts
- 💡 15 Game-Changing Questions Every AI Startup Must Answer to Secure VC Funding
💡 15 Game-Changing Questions Every AI Startup Must Answer to Secure VC Funding
🎯 Harness AI to Master Your Data Analysis Skills
In This Edition:
💡 AI INNOVATION
Google is presenting the first AI-powered robot to achieve amateur human-level performance in table tennis. Get the full story.
🚀 STARTUP’S STRATEGY
15 Game-Changing Questions Every AI Startup Must Answer to Secure VC Funding
💼 Are you prepared to face a room of seasoned venture capitalists ready to dissect every aspect of your AI startup?
💸 Can you confidently answer the questions that could make or break your funding prospects?
💡 How well do you know your market, competition, and team? Can you clearly articulate the strengths of your AI technology and data strategy?
For startups seeking funding, these aren’t just hypothetical questions—they’re the reality of the venture capital world. VCs ask tough, probing questions to ensure your business is worth the investment. But don’t see these as obstacles; they’re opportunities to showcase your readiness and vision.
Let’s explore the key areas you need to focus on to impress investors and secure the funding your startup needs.
🚀STARTUP SPOTLIGHT
How do you determine the ideal skill set for your startup's co-founders? Steve Blank unravels this timeless question. (Link)
Sam Altman nailed it. Read more here
Summarized @sama's guide on productivity:
— Ben Lang (@benln)
5:33 PM • Aug 5, 2024
Is Passion the Key to Profit? Jeff Bezos Shares Two Game-Changing Tips for Entrepreneurs (Link)
Why Is This Leadership Skill So Elusive? Kevin O'Leary Shares What He Looks For in Top Talent (Link)
Why Is Balance So Elusive? A Serial Entrepreneur Reveals His Time Management Rules for Success (Link)
Ready to Escape the 9-to-5 Grind? Learn the Key Steps to Becoming a Future Entrepreneur (Link)
Can You Still Find Satisfaction in a Traditional Job? Here’s Why Entrepreneurship Might Be the Better Choice (Link)
Can Venture Capital Fuel India’s Next Big Innovation? Explore the Transformative Impact on Startups (Link)
What’s the Secret Sauce for Entrepreneurial Success? Learn from the Wisdom of 50 Industry Titans (Link)
Can One Factor Predict Startup Success? Discover What Surprised Bill Gross in His Research (Link)
What Makes Users Keep Coming Back? Learn the Secrets to Building Habit-Forming Products with Nir Eyal (Link)
🎯WEB PICKS
Elon Musk reveals the interview question he asks every candidate to instantly spot a liar (Link)
What Can Microsoft’s 25-Year-Old Antitrust Case Teach Us About Google’s Latest Ruling? (Link)
Free Users Can Now Generate Up to Two Images Daily with DALL-E 3 (Link)
OpenAI Cautions Users About Emotional Dependence on Its New Voice Mode (Link)
Alibaba’s Qwen2-Math Claims Top Spot in AI Math Models (Link)
Sam Altman Sparks Speculation with Hints of OpenAI’s New Foundation Model ‘Strawberry (Link)
TikTok's Parent Company ByteDance Launches Jimeng AI to Challenge OpenAI’s Sora (Link)
The UN’s New Push to Regulate AI Amidst Its Surge in Legal and Judicial Use (Link)
📈INVESTMENT & FUNDRAISING
New $120M Investment Propels CloudPay's Vision for Advanced Payroll Services (Link)
Glean's $250M Funding Round Highlights Growing Confidence in Generative AI, Valuing Company at $4.5B (Link)
SoundHound Acquires Amelia AI for $80M Following $189M+ Fundraising Success (Link)
Mechanical Orchard, Guided by Ex-Pivotal CEO, Secures $50M Funding Round Led by Alphabet's GV (Link)
EIC Invests €12.5M in Lightsolver's Groundbreaking Energy-Efficient Supercomputer (Link)
Database Startup Neon Secures Investment from Microsoft (Link)
Anduril Industries Raises $1.5 Billion, Reaches $14 Billion Valuation (Link)
Skuad Joins Payoneer in $61M Cash Deal, Enhancing Global Payroll Offerings (Link)
🎯 RECOMMENDATIONS
Boost your entrepreneurial skills and AI knowledge with these selected newsletters.
They're great for anyone running a startup, interested in artificial intelligence, or wanting to keep up with the latest AI tools and trends.
Subscribe to these publications FREE, and get access to loads of useful insights and information.
|
🎁 FREE FINDS
Harness AI to Master Your Data Analysis Skills
Unlock the power of AI in data analysis with our essential guide. Perfect for beginners and pros alike, this guide shows how AI can boost efficiency and uncover advanced insights.
Learn to integrate AI seamlessly into your analysis process, enhance accuracy, and tackle challenges effectively.
Discover top AI tools that can revolutionize your data analysis.
Level up your data science skills by mastering the AI techniques used by experts. This handbook will guide you through working with datasets more efficiently.
Why you should explore it:
📊 Understand the impact of AI on data analysis
🤝 Learn how to integrate AI tools into your workflow effectively
🚀 Explore the benefits of incorporating AI, such as improved efficiency and faster insights
🔓 Discover the challenges and how to overcome them when implementing AI in data analysis
📚 Explore a curated list of 30+ AI tools for data analysis to enhance your analytical capabilities
🧠 AGENTIC AI
Smart Code: The Future of AI Beyond Code Generation
Code generation is great, but Smart Code is where we’re headed.
Imagine a future where large language models (LLMs) are 100 times faster and cheaper than they are today.
When this happens, developers will be able to use LLMs for tasks that we currently write code for. It will be as straightforward as making a function call—except this function will be capable of much more. It will be SMART.
Today, developers spend a significant amount of time on relatively simple tasks: fetching data, looping through lists, parsing information, and so on.
The real joy of programming comes from combining these tasks to create elegant solutions to complex problems.
Code generation already makes these tasks easier, but imagine a world where, instead of generating code, we could simply assume the function we need already exists.(Link)
👇️ Our Recommendation: 👇️
🔬 AI RESEARCH
From Pixels to Perfection: Advancing Vision-Language Models with PAE-LaMM
Source: Arxiv
Recent research introduces a pixel value prediction (PVP) task to evaluate and improve how well Vision-Language Models (VLMs) perceive detailed visual information.
The study finds that existing models, when only fine-tuning their language components, struggle with accurate pixel-level predictions. However, significant improvements are seen when the vision encoder is also adapted.
📈 Key Insights
The study introduces a pixel value prediction task (PVP) to assess how well Vision-Language Models (VLMs) can perceive detailed image information.
Findings indicate that existing VLMs, when fine-tuned on PVP, struggle to predict precise pixel values if only the connection module and the Large Language Model (LLM) are adjusted. Significant improvement occurs when the vision encoder, typically frozen in many models, is also adapted.
Adapting the vision encoder, alongside the LLM, results in enhanced pixel prediction accuracy and improved performance in downstream tasks such as referring image segmentation and video game decision-making.
In particular, the study reports an average improvement of +10.19 cIoU in referring image segmentation tasks and score improvements of +80.34 and +70.54 in video game tasks.
Enhanced image detail perception from the PVP pre-training significantly boosts performance in tasks requiring detailed visual understanding, like referring image segmentation and video game playing.
The study's approach to integrating pixel reconstruction into the VLM pre-training pipeline shows that models can better align with visual details without losing their general vision-language capabilities.
The introduction of the Pixel Autoencoded Large MultiModal Model (PAE-LaMM) demonstrates that incorporating pixel reconstruction pre-training can make VLMs more proficient in tasks requiring detailed visual perception.
The PAE-LaMM model achieved competitive results on standard visual question-answering tasks while also excelling in tasks demanding pixel-level accuracy.
🤞 Why This is Important
For practitioners and researchers working with Vision-Language Models, this study highlights the critical importance of incorporating detailed visual information into the training pipeline.
Adapting vision encoders and integrating tasks like pixel value prediction can significantly enhance model performance on complex visual tasks.
It is recommended to explore and implement such training strategies to develop more robust VLMs capable of precise visual understanding, which is essential for applications in fields like autonomous driving, video game AI, and detailed image segmentation tasks.
📚 AI COURSES
Kickstart Your AI Journey: 10 Free Courses with Verified Certificates
Artificial Intelligence (AI) is revolutionizing industries, and staying ahead of the curve requires continuous learning.
Fortunately, there are numerous free online courses available that provide valuable AI knowledge and even offer certificates upon completion.
We'll explore the best free AI courses from top platforms, highlighting their key features and benefits.
1. Coursera
Coursera collaborates with leading universities to provide a wide range of AI programs. Courses cater to all levels, from beginners to advanced learners. Notable offerings include:
Introduction to Artificial Intelligence (AI) by IBM: Covers algorithms, machine learning, and neural networks.
AI For Everyone by DeepLearning.AI: Focuses on the impact of AI on business and society.
Certificates from renowned institutions enhance the credibility of your learning experience.
2. edX
edX features courses from prestigious institutions like MIT and Harvard, covering everything from AI fundamentals to advanced topics. Verified certificates are available upon completion. Key courses include:
Artificial Intelligence: An in-depth exploration of AI principles and applications.
Data Science and AI: Integrates data science techniques with AI methodologies.
3. Kaggle
Kaggle is ideal for hands-on learning through real-world competitions. It offers free courses in data science and machine learning, allowing learners to apply their skills in practical scenarios.
Certificates are awarded for course completion, emphasizing practical experience over theoretical knowledge.
4. Google AI
Google AI provides courses designed by Google experts, focusing on machine learning and core AI concepts. Notable courses include:
Introduction to Generative AI: Covers the fundamentals of generative models and their applications.
Machine Learning Crash Course: A quick introduction to machine learning concepts and practices.
Certificates are awarded upon course completion, bolstering your professional credentials.
5. MIT OpenCourseWare
MIT OpenCourseWare offers free access to a wealth of AI curriculum materials. While no formal certification is provided, the depth of content is ideal for learners seeking a rigorous understanding of AI topics. Courses include:
Artificial Intelligence: A comprehensive introduction to AI theories and applications.
6. Fast.ai
Fast.ai focuses on practical deep learning for coders, offering engaging and application-oriented courses. While access is free, an optional paid certificate is available. The courses emphasize hands-on projects and real-world applications.
7. Udemy
Udemy hosts a diverse selection of AI courses, some of which are free and offer certification.
Courses range from beginner to advanced levels, blending theoretical knowledge with practical skills. Popular courses include:
Machine Learning A-Z: A comprehensive guide to machine learning techniques and applications.
8. Stanford Online
Stanford Online provides free courses on AI and machine learning, with certificates offered for selected courses.
Courses are designed to cover both foundational and advanced topics, making them suitable for a wide audience.
9. FutureLearn
FutureLearn partners with universities to offer quality content in AI. While access to courses is free, there is a paid option for certificates.
Courses cover a broad range of AI topics, enhancing both theoretical and practical understanding.
10. IBM Cognitive Class
IBM Cognitive Class offers free courses in AI and data science, focusing on practical learning with IBM tools.
Participants can earn digital badges and certificates, showcasing their skills in AI and data science applications
These platforms provide exceptional opportunities for anyone interested in mastering AI without financial constraints.
By leveraging these resources, learners can acquire valuable skills and earn certificates that enhance their employability in the growing field of artificial intelligence.
Start your AI journey today and unlock new career opportunities!
🤝 PROMPT USE CASE
How to Use ChatGPT for Effective Anchoring in Marketing
How It Works:
The 'Anchoring and Adjustment' framework is a psychological technique used in marketing to influence decision-making. It starts by presenting a reference point, known as the "anchor," to potential customers.
This anchor serves as a mental benchmark, from which customers will make further adjustments when considering offers. For instance, by showcasing a high-priced product or service first, customers may perceive subsequent lower-priced options as more affordable, even if those prices are still relatively high.
The initial anchor sets the stage, subtly guiding customers' perceptions and choices towards the desired outcome, such as purchasing a particular product or selecting a premium service tier.
Why Use It:
Using the 'Anchoring and Adjustment' framework in marketing can significantly enhance conversion rates and customer satisfaction.
By strategically setting an anchor, businesses can steer customer decisions towards higher-value purchases or specific services. This method leverages human cognitive biases, making the initial anchor a powerful tool in shaping perceptions and choices.
It helps in making premium offerings appear more attractive, aids in upselling, and can create a sense of value that aligns with the customer's expectations. Ultimately, it’s a subtle yet effective way to drive desired customer behavior and increase profitability.
💡Prompt:
Write a marketing campaign outline using the 'Anchoring and Adjustment' framework to influence the decision-making process of [ideal customer persona] by providing an initial reference point or offer. Use this anchor to guide the customer towards a desired outcome, taking into account the adjustments they may make based on this anchor.
👇️ Boost Workday Productivity: Download eBook! 👇️
|
🤖 AI TOOL
AI Image Tools to Easily Create Vivid Visuals
💻 MimicPC: Instantly unlock AI tools via your browser, no installs needed.
🎮 Midjourney: Transform text into stunning visuals with AI on Discord.
🖼️ Stable Diffusion: Generate images from text using deep learning.
🖌️ Adobe Photoshop: Revolutionize photo editing with AI-powered tools.
📸 Topaz Labs: Enhance photo and video editing with secure, AI-driven tech.
🎨 Craiyon: Create visual art from words instantly with AI.
🎬 PowerDirector: Revolutionize video editing with AI and cross-platform tools.
🖍️ Prisma: Quickly turn photos into artwork with AI.
🤳 Mirror AI: Effortlessly turn selfies into custom avatars and stickers.
📷 Aragon AI: Generate professional AI headshots quickly and affordably.
🔍 Pixela AI: Enhance and analyze images with AI-driven precision.
🤝PARTNERSHIP
Hey, fellow newsletter publishers,
We want to share a game-changing secret that could elevate your brand-new newsletter to the next level.
Want to know how you can achieve the success? Let’s dive in!
Sounds like a dream, right? Well, hold on to your sunhat because we've got some exciting news!
What if we told you that making just five referrals a month could earn you over $20,000 a year? 🌴💰
Imagine if you could be next! 😄😄😄
That’s right! It’s not just a possibility; it’s a REALITY with the beehiiv Partner Program.
📊 PRODUCTIVITY TOOLS
AI Tools to Boost Your Productivity
✅ AICamp: Secure AI platform tailored for business needs.
✅ Inkeep: AI search and support driven by your content.
✅ Omnifact: Ultra-secure AI chat assistants designed for business.
✅ Salesify: Your personal AI-driven sales coach.
✅ Flowith: AI designed for focused, deep work.
✅ Nuelink: Automated social media scheduling with AI enhancements.
✅ Kypso: AI agents for efficient team workflow management.
✅ Aiswers.com: AI-powered Quora alternative for expert feedback.
✅ Text2Infographic: AI tool for generating infographics from text.
✅ Nyro: Open-source AI assistant compatible with your OS.
If AI Could Do Your Job, What Would You Do Instead? |
Reply