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OpenAI leads $23.5M round in Mem, an AI-powered note-taking app

TechCrunch

Moody and Xu say the platform is designed to augment knowledge workers in their typical responsibilities, like reading through pages of information, extracting the pieces relevant to a particular question and transforming the information into an answer or a report. There’s no doubt knowledge-seeking tasks are time-consuming.

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Deepset raises $14M to help companies build NLP apps

TechCrunch

About 80% of AI projects — including NLP projects — never make it into production, according to a 2019 Gartner survey. “Example applications are NLP-driven enterprise search (think ‘modern Google-like’ search) and knowledge management.” ” With the new financing secured ($15.6

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