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Atomicwork Raises $11 Million To Add AI To The Employee Experience

San Francisco-based start-up Atomicwork has raised $11 million in seed funding for its software-as-a-service solution that aims to simplify complex business processes and tools for employees, allowing them to focus on their work; the software operates within existing platforms like Slack or Microsoft Teams and links to other software packages, providing a single tool for tasks and questions, and is built on generative AI to offer a more natural interaction experience.

forbes.com
Relevant topic timeline:
- Foundry Technologies is in talks to raise money at a valuation of $350 million, a significant increase from its previous valuation of $50 million. - The increase in valuation highlights the trend of hot companies in the AI sector raising money at rapidly escalating valuations. - Foundry is one of many AI startups that have experienced a meteoric rise in valuation this year. - The company plans to rent servers to companies for running AI software. - The risky pandemic-era fundraising trend of rapidly increasing valuations in short periods of time has returned.
Kombai, a startup that utilizes AI to convert UI designs to code for front-end developers, has raised $4.5 million in seed funding and aims to simplify the process of creating unique and efficient user interfaces.
Blockchain network developer Cronos Labs is seeking eight startups to participate in its $100 million accelerator program, with a focus on artificial intelligence and crypto projects that utilize AI for enhanced speed and efficiency.
San Francisco-based AI startup Writer has raised $100 million in a funding round led by Iconiq Growth, bringing its valuation to $500 million, and aims to help businesses use large language models to generate content across different departments.