Top AI startup news of the week: Jasper, Tome, Imagen AI and more

From generative AI applications to healthcare and biotech, five AI startups, including three based in Israel, made headlines this week.

1. Tome combines AI-generated text and images and applies them to your presentation

Calling itself “a new storytelling format for work and big ideas,” Tome last month integrated OpenAI’s DALL-E into flexible, interactive slide options, and this week launched an overall “generated story. Telling” was added to the mix. In other words, with a single text prompt, AI Startup allows creators to create “zero You can generate an entire story out of it.”

This feature started in beta. Additional iterations and new AI features are slated for his early 2023, including text and tone editing, inline image adjustments, and alternate layouts, according to a press release.

2. Jasper Releases Jasper Chat to Create AI-Generated Content

Dave Rogenmoser, CEO of AI content platform Jasper, which raised $125 million in funding in October, recently told VentureBeat that generative AI “affects every tool out there.” So is Jasper. This week, the AI ​​startup unveiled a new AI chat interface that uses natural language. This allows users to request various tasks such as “write a blog post about…” or “create an ad variation for…”. Or adjust it to reflect a more casual tone.

According to the press release, Jasper Chat is “built and fine-tuned for business use cases such as marketing and sales departments. Users can also upvote or downvote results, so Jasper Chat can be used for learning. and you can adjust the time.”

3. Imagen AI Wins $30M for AI-Powered Photo Editing

Tel Aviv-based Imagen AI, a leading provider of AI-powered editing solutions for professional photographers, announced this week a $30 million investment led by global growth investor Summit Partners .

According to a press release, the AI ​​startup was founded in July 2020 with the goal of “modernizing and improving post-production workflows for professional photographers by intelligently automating large-scale image editing.” is. Imagen’s AI technology creates an individual profile based on the photographer’s previous work and unique creative style. The more photos you upload and the more diverse the scenes and lighting conditions, the better our AI can capture each editing style and accurately predict dozens of editing parameters. The company says its solution can save up to 90% of post-production time.

Four. Healthcare startup Biomica raises $20 million

Israeli healthcare AI startup Biomica, a subsidiary of Evogene, Ltd., is in the clinical stages of harnessing the human microbiome to create breakthrough life science products to treat a range of serious ailments. is a biotechnology company. This week, we closed a $20 million funding round for a predictive biology platform that uses AI and big data to determine the best microbial strain for each patient.

The company’s first therapeutic is currently undergoing Phase 1 trials and is being tested to demonstrate the effects of the gut microbiome on enhancing response to cancer treatments and promoting anti-tumor immune activity.

5. AI Pharmaceutical Startup Quris Receives $9 Million Investment

Another Tel Aviv-based AI startup, Quris, has announced it has secured another $9 million in seed funding, bringing its total to $37 million. The pharma startup is “the first bio-AI clinical prediction platform to leverage its patented patient-on-chip system to simulate clinical trials… [The system uses] Use stem cell-derived tissue and AI to simulate real-world human responses to drugs without relying on time-consuming and imprecise animal testing. ”

It says AI technology will more accurately predict which drug candidates will work safely in humans, thereby reducing the cost and duration of drug development. The company aims to evolve its bio-AI platform, grow its team, enhance industry collaboration, and accelerate new drug research.