đź“Ł Aiify.io News and Updates

Building What's Next — Together

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Aiify.io Events
November 19, 2024

Welcome to our latest edition of đź“Ł Aiify.io News and Updates.

You’re receiving this email because you’re part of the Aiify.io family, and you’ve participated at, attended, or registered for at least one of our events (or you were invited by one of our fabulous co-hosts along the way). If you prefer not to receive our updates (we don’t spam or sell our list), simply hit “unsubscribe” and we’ll respect your privacy.

We’ve ventured over to a new mailing list service, Beehiiv, and we’re putting it through its paces. Please reply and let us know what you think, and our apologies if previous preferences did not transfer over correctly.

In this issue:

  1. Upcoming Aiify.io Events

  2. SF HealthTech Week

  3. Step DUBAI Delegation

  4. Opportunities & Offers

  5. Recent AI News

  6. Stay Connected!

Upcoming Aiify.io Events:

Fri., Dec. 13 (1-9pm); đź“Ł Aiify.io & Ontology of Value: AI x Future of Work (v.3); Exploring how AI and related technologies will reshape the labor market in the near and distant future. https://lu.ma/FoW3?utm_source=aiifynews

We’re collaborating on a full week of events during ⚕️ SF HealthTech Week ⚕️(Jan. 10-19, 2025): Follow the calendar and submit your HealthTech Week events: https://lu.ma/HealthTechWeek?utm_source=aiifynews
— SF HealthTech Week Event Preview: 
Fri. Jan. 10th (7pm-Late); SF HealthTech Week Kick-off Party!⚕️: https://lu.ma/HTWparty?utm_source=aiifynews
Sat. & Sun, Jan. 11-12; SF HealthTech Hackathon⚕️: https://lu.ma/HThack?utm_source=aiifynews
Fri. Jan. 17th (9am-7pm); SF HealthTech Summit⚕️: https://lu.ma/HTsummit?utm_source=aiifynews
Fri. Jan. 17th (7pm-Late) SF HealthTech Week Closing Party!⚕️: https://lu.ma/HTCloser?utm_source=aiifynews

Join the STEP DUBAI - SILICON VALLEY DELEGATION; February 18th – 23rd, 2025.

We’re taking off, like a rocket, to Dubai! Aiify.io is working with Step to create a Silicon Valley Delegation for this year’s Step DUBAI event.

​Travel with us to Dubai Internet City - The Heartbeat of Tech in MENA - to connect with top founders, investors, and influencers, all while exploring the dynamic MENA startup ecosystem and partaking in curated experiences designed to foster meaningful connections and business opportunities. See our Luma event page for more information and application to join us: https://lu.ma/StepDel?utm_source=aiifynews

Opportunities & Offers

Reply or email [email protected] if any of the following items are of interest.

- Need an Event Venue? We have some great SF venues, appropriate for everything from holiday parties, to tech summits, to hackathons. Let us know what you need!

- Join the Team: If you’re interested in participating as a speaker or sponsor, or you’d like to help produce or volunteer at community events, or please fill out this form: https://aiify.io/events/form

- Looking for great outsourced devs to elevate your product and accelerate time to market? We’re working with a top-tier outsource firm we'd love to introduce you to. Email us [email protected]

- Need a great free bank for your business? Open a Mercury account & get $250 deposited to your account; plus free wires, and improved AR/AP and accounting. Use this link to receive expedited application review: https://mercury.com/r/essential

Stay Connected!

​​• Luma calendar: https://lu.ma/Aiify
• Linkedin: linkedin.com/company/aiify-io
• Telegram:  t.me/aiify_io
• X/Twitter: twitter.com/aiifyio
• Discord: discord.gg/Yc5hWZUWuC
• Facebook: facebook.com/Aiifyio (new)
• Insta: instagram.com/aiifyio/ (new)

Recent AI News and Reflections

Investment Surge in AI Startups: October witnessed a substantial influx of venture capital into AI startups, with companies securing $12.2 billion, accounting for 38% of global venture funding for the month. Crunchbase News

Major Funding Rounds and Valuations: Elon Musk's AI venture, xAI, engaged in discussions to raise several billion dollars, aiming to elevate its valuation to approximately $40 billion, up from $24 billion earlier in the year. The Wall Street Journal

Similarly, OpenAI completed a $6.6 billion funding round, achieving a valuation of $157 billion, reflecting the intense competition and high valuations within the AI sector. Wikipedia

AI Integration in Various Industries: The fashion industry is increasingly adopting AI technologies to enhance resale platforms. Companies like The RealReal, eBay, ThredUp, and Depop are utilizing AI to streamline listing processes, predict demand, and automate pricing, thereby improving efficiency and user experience. Vogue Business

Challenges in AI Adoption: Despite the surge in AI investments, companies face challenges in effectively integrating AI into their operations. This has led to the emergence of startups specializing in customizing generative AI technologies for businesses lacking in-house expertise, highlighting a growing niche within the AI startup ecosystem. The Wall Street Journal

Regulatory Developments: The U.S. Treasury Department announced impending restrictions on American investments in advanced Chinese AI startups, citing national security concerns. These measures, set to take effect in January, aim to curb U.S. funding of Chinese AI models, particularly those associated with military or intelligence applications. Wired

Technological Innovations: AI companies are heavily investing in developing autonomous AI programs, known as "agents," capable of performing tasks with minimal human intervention. Major players like Microsoft, Google, and OpenAI are integrating these agents to enhance productivity and automate business processes, signaling a transformative shift in AI applications. The Verge

We hope you’ve enjoyed this installment, and please let us know what you think. We look forward to seeing you at an Aiify.io event soon!

Steve Echtman & the Aiify.io team
[email protected]