🤖 ARTIFICIAL INTELLIGENCE

Resistant AI Raises Additional $11M; Extends Series A to $27.6M

• Resistant AI, a Prague-based AI and machine learning security company, raised an additional $11M in Series A funding, bringing the total amount to $27.6M.

• Notion Capital led the funding round, along with existing investors such as GV, Index Ventures, Credo Ventures, and Seedcamp.

• The company plans to use the funds to expand its product offerings, team, and geographical presence.

• Resistant AI, founded in 2019, provides machine learning techniques to protect financial services from manipulation and attack.

• Its solutions include Document Forensics, Transaction Forensics, and Identity Forensics, which help detect fraud, forgery, money laundering, and other risks in the financial sector.

• Resistant AI's customer base includes banks, insurers, and fintech companies, and it has offices in Prague, London, Brussels, and New York.

Loora, a generative AI app that uses an audio interface to help users learn English, raises $9.25M

• Loora, a generative AI-based language learning startup, raised $9.25 million in seed funding.

• The funding round was led by Emerge, with participation from Two Lanterns Venture Partners, Kaedan Capital, and angel investors.

• Loora uses an audio interface to help users improve their conversational English skills through voice-based interactions with the Loora iOS assistant.

• The startup focuses on addressing the gap in mastering conversational English in a one-to-one learning environment.

• The AI tutor responds to conversation prompts, provides guidance, and improves spoken English by leveraging generative AI models and speech-to-text technology.

• While Loora focuses on speaking skills, it plans to introduce reading modules in the future, but writing is not currently supported.

Oracle adds generative AI to its human resources software

• Oracle is adding generative AI features to its human resources software to assist with tasks such as drafting job descriptions and performance goals.

• The integration of generative AI aims to provide a starting point and useful information, but human approval is still required for the generated text.

• The AI assistant will be in the form of a button rather than a chatbot to ensure safer and more reliable results.

• Generative AI technology has been approached cautiously due to its potential to generate untrue facts or unsettling statements.

• The features are expected to be available by the end of the year, with future plans to leverage AI for more complex HR tasks, such as complying with local regulations for job requirements.

⚡️ POWER PROMPTING!

Power Prompting is an awesome new section of Future Perfect showcasing powerful prompt engineering techniques, hacks, and strategies! Here’s today’s Power Prompt!