#1 🔗 Fetch.ai raises $40M for autonomous agents 🚀

Fetch.ai, a blockchain-based startup, raised $40 million to create autonomous agents for decentralized networks in finance, healthcare, and transportation. Revolutionizing AI-generated information monetization, the platform paves the way for a new era of data sharing, decision-making, and collaboration between AI agents.

#2 📹 Deep Render's AI-powered video compression

Deep Render raised $9 million in a Series A funding round led by IP Group and Pentech Ventures, reaching a $30 million valuation 💰. Founded by computer science and AI enthusiasts Chris Besenbruch and Arsalan Zafar, the startup aims to eliminate bandwidth limitations through pioneering AI-based compression, transforming the way we experience online content 🖥️.

#3 🤖 Jigso raises $7.5M for AI Assistant to help employees find data faster

Jigso, an early-stage startup, secured $7.5 million in seed investment for an AI assistant that helps employees find crucial information by observing the apps they use 🧩. Cutting through the noise, Jigso's Slack bot, Sidekick, streamlines the process for busy employees, making data access faster and more intuitive.

#4 ✋ 1,100+ signatories call for a pause on AI labs 🚧

Over 1,100 notable signatories, including Elon Musk and Steve Wozniak, signed an open letter urging AI labs to pause training systems more powerful than GPT-4 for at least 6 months ⏳. The pause is aimed at sparking reflection on the potential consequences of advanced AI systems, ensuring responsible and safe AI development.

#5 🎞️ Animai: Stability AI's free tool to animate still images 🎨

Stability AI introduced Animai, a free tool that generates animated clips from still images, supported on Revel.xyz's platform 🌟. Just upload an image, provide an email address, and get a link to the result. This groundbreaking generative AI technology will change how we create and share animated content in just a few minutes ⏰.

🤖 Top Machines this week

1. GoMoonBeam - GoMoonBeam is a long-form writing AI assistant to never write from scratch again.

2. Morise AI - Morise AI help to create titles, tags, descriptions, and videos and is trained on what it takes to go viral.

3. Yaara - With Yaara, you can write proven, high-converting copy for increased conversions and higher ROI using AI.