AI Startup Roundup: $135M Investment Boosts AI-Driven Fulfillment Startup

### Weekly Startup Roundup: Innovative Developments in AI

Stay informed about the dynamic world of startups with our weekly highlights. This edition features some exciting developments from groundbreaking companies that are reshaping the landscape of artificial intelligence and fulfillment automation.

#### GreyOrange

**Location:** Roswell, Georgia

**Latest Funding:** $135 million (Series D)

**Lead Investor:** Anthelion Capital (formerly Cowen Sustainable Investments)

**Other Investors:** Mithril, 3State Ventures, Blume Ventures

GreyOrange is pioneering advancements in fulfillment automation with its AI-driven platform designed to enhance operational efficiency in warehouses, distribution centers, and retail environments. The latest funding round aims to further adopt and implement their cutting-edge fulfillment orchestration solutions, empowering businesses to optimize their logistics and improve turnaround times.

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#### Together AI

**Location:** Menlo Park, California

**Latest Funding:** $102.5 million (Series A)

**Lead Investor:** Kleiner Perkins

**Other Investors:** Nvidia, Emergence Capital, NEA, Prosperity 7, Greycroft, Lux Capital, and additional venture firms

Together AI is revolutionizing the developer ecosystem with its cloud platform that enables the building of both open and custom AI models. This year, it launched the RedPajama-V2 dataset, which boasts the distinction of being the largest open dataset with 30 trillion tokens for training large language models (LLMs). Furthermore, its FlashAttention v2 technology is already being utilized by industry giants like OpenAI and Meta in their LLM development. The secured funds will accelerate their mission to establish the fastest cloud platform for generative AI applications.

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#### Pika Labs

**Location:** Unspecified

**Latest Funding:** $55 million (Pre-seed, Seed, and Series A)

**Lead Investors:** Nat Friedman and Daniel Gross (Pre-seed and Seed), Lightspeed Venture Partners (Series A)

**Other Investors:** Notable contributors include Elad Gil, Adam D’Angelo (Quora), Zach (co-founder of Ramp), Andrej Karpathy, Clem Delangue (Hugging Face), Craig Kallman (Atlantic Records), and various leading venture firms.

Pika Labs is at the forefront of video generation technology, allowing users to create high-quality videos using generative AI. The recently launched Pika 1.0 model is capable of producing and editing videos across a variety of styles, including 3D animation, anime, cartoon, and cinematic formats. Their innovative approach not only democratizes video production but also sets the stage for a new era of content creation.

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Stay tuned for more updates on the latest innovations and funding activities in the tech startup ecosystem. With these trailblazing companies, the future of AI continues to unfold, promising enhanced capabilities and transformative solutions in numerous industries.