Clay, an AI tool for sales representatives and marketers, has raised $100 million with a $3.1 billion valuation. CapitalG led the round with involvement from Meritech Capital Partners and Sequoia Capital, according to The New York Times. “This funding will helps us more deeply invest in our product and community, to whom we owe our deepest gratitude. Thank you to our partners, our team, and our customers,” Kareem Amin, Clay’s co-founder and chief executive, said in a LinkedIn post. About Clay Founded in 2017 by Kareem Amin and Nicolae Rusan,
SpreeAI, the fashion tech startup redefining virtual shopping experiences, has reached a $1.5 billion valuation after a recent funding round led by The Davidson Group. The AI-powered fashion app allows users to virtually allows users to try on clothes in an experience so lifelike it feels like you’re in a real dressing room. Designed for use both in-store and online, SpreeAI blends cutting-edge technology with real-world retail to transform how consumers shop and how brands sell. SpreeAI valued at $1.5 billion Co-founded and led by CEO John Imah, SpreeAI has
Browzwear, a digital apparel design software firm, has acquired Lalaland, an AI fashion model startup, to boost its AI capabilities and broaden Lalaland’s global reach. The financial terms of the deal were not disclosed, WWD reports. “And it’s a WRAP. Absolutely surreal Lalaland has been acquired by Browzwear. It’s the end of a wild era and the start of an even bigger one,” Michael Musandu, Co-Founder and CEO of Lalaland, said in a LinkedIn post. Browzwear acquiring Lalaland. Amsterdam-based Lalaland aims to make fashion more inclusive by allowing retailers to
Clark Atlanta University is partnering with IBM SkillsBuild to help aspiring developers build their AI skills competencies, providing the next generation of leaders with the necessary tools to thrive in the job market. Addressing the AI skills gap Generative AI has the potential to widen the racial economic gap in the United States by $43 billion each year, according to a study by McKinsey. Black workers are also increasingly overrepresented in four of the top five occupations at risk of automation: office support, production work, food services, and mechanical installation
R&B singer SZA raised the alarm about the environmental impact of AI, especially on Black and brown communities, in a series of Instagram Story posts on July 16. The R&B singer said the only AI she is interested in using is “actual imagination,” according to a screenshot captured by Vibe. “AI is killing and polluting black and brown cities. None of you care cause your codependent on a machine. Have a great life,” the singer added. SZA Calls Out Environmental Racism Fans had flocked to SZA’s page in search of
Since returning to office in January, President Trump has ramped up efforts to increase the deportation of immigrants, setting Immigration and Customs Enforcement (ICE) a goal of arresting at least 3,000 migrants a day. In response, ICE raids have surged across the country. High-profile workplace operations in cities like Los Angeles have led to widespread protests and federal deployments. According to The Independent, demonstrations have erupted in more than 40 cities. Many of the recent detentions involve individuals with no prior criminal record. Immigrants now face the risk of arrest in
Workday will face a collective-action lawsuit alleging that its AI-powered hiring tools discriminate against workers age 40 and older. The lawsuit was filed in February 2023 by Derek Mobley, a Black, disabled man in his 40s, who claims that he applied for over 100 jobs without securing a role, as stated by ITPro. The Independent reported that another plaintiff, Jill Hughes, said that she received automated rejections for hundreds of job applications “often received within a few hours of applying or at odd times outside of business hours,” as stated by
Cluley, an AI tool that helps users “cheat” in real life, raised $5.3 million in seed funding backed by Abstract Ventures and Susa Ventures. Chungin “Roy” Lee, CEO of Cluey, went viral in March for creating an AI tool that allegedly “cheats” in job interviews. He was suspended from Columbia for posting content from a disciplinary hearing, as stated by the university. His new venture, Cluely, allows users to analyze what’s on their screens, hear audio, and suggest answers to questions. This is all done without detection from the other
Former President Barack Obama shared his thoughts on the prevalence of AI as part of the Sacerdote Great Names Series at Hamilton College, held on Thursday, April 3, in Clinton, NY. During a talk with Steven Tepper, the school’s president, Obama gave his opinion about the roles he predicts will decline due to AI, as stated by AFROTECH. Obama said that AI is outperforming the majority of human coders and that roles involving more routine tasks will no longer be essential. AI outperforming human coders “Already the current models of AI, not
Kevin Hart’s Coramino Fund is now accepting applications for its $10,000 grant, including AI training to help small business owners learn more about AI. The fund is the brainchild of Kevin Hart and Juan Domingo Beckmann’s Gran Coramino Tequila. It is currently in its third year and is now open for its latest round of grants targeting entrepreneurs and small businesses from underserved communities, according to Fortune. Part of the grant includes “cutting-edge AI technological training and hands-on learning to responsibly and effectively incorporate into their operations.” Addressing the disparity
