Gradient November Roundup

November 27, 2024

Hey there — It's time for our monthly update on the latest AI investments, insights, and opportunities.

P.S. Catch us at NeurIPS 2024 with Lambda and Weights & Biases. RSVP here.

Recent Funding

  • Writer raises $200 million and hits $1.9 billion valuation in latest funding round (Bloomberg)

  • Oura reaches a $5 billion valuation and gets $75 million in fresh funding (Bloomberg)

  • Range secures $28 million for its AI-powered wealth management platform (Axios)

Portfolio Spotlights

How Air Space Intelligence saved Alaska Airlines 1.2 million gallons of fuel

When Air Space Intelligence's CEO Phillip Buckendorf walked into Alaska Airlines' operations center in 2018, he was shocked to find flight dispatchers using technology barely more advanced than DOS — a pivotal moment that transformed his startup from a self-driving car company into an aviation AI powerhouse. His team's Flyways platform now processes everything from wind patterns to Super Bowl airspace restrictions, revolutionizing flight planning for Alaska Airlines, which has become the second most punctual U.S. carrier while saving 1.2 million gallons of fuel in 2023. Flyways' AI suggestions now affect half of Alaska's flight plans, showing how a fast-moving startup can change even the most complex industries.

What we are reading

Cut Your Losses in Large-Vocabulary Language Models (arxiv)

Portfolio opportunities

  • Secureframe needs an Account Executive who can transform technical security conversations into meaningful partnerships with C-suite executives. Apply here.

  • Stack AI wants an Enterprise AI Deployment Engineer who can architect enterprise-grade RAG pipelines and LLM workflows using their innovative no-code platform. Apply here.

  • CentML is hiring a Senior Developer Advocate to build and nurture the developer community around their ML optimization platform, bridging the gap between cutting-edge AI technology and practical implementation. Apply here.

  • Gigs wants a Strategic Account Manager who can help tech giants embed telecom capabilities into their platforms using their innovative operating system for mobile services. Apply here.

See you next month!

Gradient