In a thrilling turn of events, AI data analyst startup Julius secures $10M in seed funding

Bitcoin reaches new all-time high of over $118,000 within 24 hours

Bitcoin reached a new all-time high of $118,900 on Friday, surpassing its previous record of $113,822 set on Thursday. As Read more

Conveyor Revolutionizes Vendor Security Reviews and RFPs with AI

Selling software to companies can be a daunting task, especially when it comes to meeting security requirements. Chas Ballew, founder Read more

Ready-made Stem Cell Therapies in Development for Pets

Earlier this week, San Diego startup Gallant announced $18 million in funding to bring the first FDA-approved ready-to-use stem cell Read more

Elon Musk’s Dodgy Election Claims Have Gone Viral with 2 Billion Views on X

The world’s richest man buys out one of the most popular social media platforms and uses it as a propaganda Read more

Julius AI, a startup positioning itself as an AI data analyst, recently announced a successful $10 million seed round led by Bessemer Venture Partners. Horizon VC, 8VC, Y Combinator, and the AI Grant accelerator all participated in this significant investment, alongside esteemed angel investors like Perplexity CEO Aravind Srinivas, Vercel CEO Guillermo Rauch, and Twilio co-founder Jeff Lawson.

Founder Rahul Sonwalkar introduced Julius after completing the Y Combinator program in 2022, shifting his focus from a logistics startup he had been working on during the accelerator. Julius sets itself apart by functioning as a data scientist, analyzing and visualizing vast datasets and conducting predictive modeling based on natural language interactions. Despite similarities to platforms like ChatGPT, Anthropic’s Claude, and Google’s Gemini, Julius has carved out its unique niche in the market, boasting over 2 million users and generating more than 10 million visualizations.

See also  OpenAI strengthens security measures to ward off prying eyes.

Sonwalkar emphasized the user-friendly nature of Julius, highlighting its ability to analyze data through simple conversations, akin to interacting with an in-house analyst. The platform can answer complex questions and present findings visually, such as illustrating the correlation between revenue and net income across different industries in China and the US.

This specialization in data science drew the attention of Harvard Business School professor Iavor Bojinov, who enlisted Sonwalkar to tailor Julius for HBS’ new essential course, “Data Science and AI for Leaders.” Despite initial skepticism from others regarding the product’s similarity to existing models, Sonwalkar’s focus on practical use cases proved pivotal to Julius’ success.

Moreover, Sonwalkar made headlines during his time at YC for orchestrating a viral prank following Elon Musk’s acquisition of Twitter. Despite the brief notoriety from the stunt, Sonwalkar remains steadfast in his belief that Julius deserves more recognition for its innovative approach to data analysis.

In a recent interview with TechCrunch, Sonwalkar expressed his dedication to Julius, noting that the platform has become his primary focus, overshadowing any past antics or distractions. With a growing user base and a unique value proposition, Julius continues to make waves in the AI and data science landscape, solidifying its position as a key player in the industry.

Klarna CEO casts doubt on the possibility of other companies replacing Salesforce with AI

Hackers targeting government agencies with exploits for SharePoint zero-day vulnerability