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YC's Winter 2024 Demo Day confirms that we are indeed in an AI bubble | TechCrunch

Apr 03, 2024 - news.bensbites.com
Y Combinator's first demo day of the year showcased a variety of startups from its Winter 2024 cohort. Standouts included Aidy, an AI tool that helps companies find and apply for grants; Givefront, a banking platform for nonprofits; Buster, a software that links databases and large language models; and Numo, which offers banking services for contractors in emerging markets. Other notable startups included Intercept, which uses AI to aggregate retail fees for consumer packaged goods brands; Nuanced Inc., which detects deep fakes and misinformation; Vectorview, which offers custom large language model evaluation; and Abel, an AI tool that helps lawyers process legal documents faster.

The demo day also featured Soundry AI and Sonauto, both of which offer AI-powered music generation; Starlight Charging, which provides EV chargers and management software for apartments, condos, and commercial buildings; Eggnog.ai, an online video creation and hosting platform for AI-generated clips; Pump, a service that bundles small businesses to save on AWS; and Pico, a tool that organizes screenshots. Other startups that caught the eye were TrueClaim, which uses AI to help self-funded companies save on health insurance; Manifold Freight, which aggregates spot freight; Shepherd, a personalized teaching assistant that combines human tutors with AI; and Senso, an AI-powered knowledge base for customer support in regulated industries.

Key takeaways:

  • Y Combinator's first demo day of the year showcased a variety of startups, with a focus on AI applications in various sectors including fintech, healthtech, and legal services.
  • Aidy, a startup that uses AI to help companies find and apply for grants, was among the favorites picked by TechCrunch staff.
  • Other notable startups included Givefront, a banking platform for nonprofits, and Buster, a software that links databases and large language models.
  • Startups like Soundry AI and Sonauto, which focus on AI-powered music generation, and Starlight Charging, which provides EV chargers and management software for apartments, condos and commercial buildings, were also highlighted.
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