🎨 Exactly.ai raises $4.3 million to help artist

Plus: Google's AI Troubles

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  1. 👨‍🎨 Exactly.ai Uses AI to Help Artists Retain Control and Scale Their Work

  2. 🤝 Join the Free AI Community!

  3. ❌ Google's AI Troubles Over Memorial Day Weekend

  4. 🤯 Quick Takes

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In the Know​
Exactly.ai Uses AI to Help Artists Retain Control and Scale Their Work

Amid the controversy of AI-generated art impacting visual artists, London-based startup Exactly.ai is working to empower artists by using generative AI to help them maintain legal ownership and scale their designs efficiently. Having recently raised $4.3 million in seed funding, Exactly.ai aims to revolutionize the way artists reproduce and commercialize their artwork.

Key Points:

  • Purpose and Technology: Exactly.ai uses generative AI to allow artists to train an algorithm on their own artwork, enabling them to generate new images in their unique style while retaining ownership.

  • Funding and Growth: The startup has raised $4.3 million in seed funding led by Speedinvest, with participation from InReach Ventures, Cornerstone VC, GuruDev Capital, and angel investors. It boasts 40,000 registered users.

  • Founding and Vision: Founded in 2022 by Tonia Samsonova, a former journalist, Exactly.ai aims to help artists scale their artwork and serve more clients efficiently, thereby increasing their income potential.

  • Market Potential: The global generative AI market is projected to reach $668 billion by 2030, indicating a substantial market for tools like Exactly.ai that cater to artists and creative professionals.

Exactly.ai represents a significant advancement for the creative arts sector, offering artists a way to harness AI technology to enhance their creative process and commercial success. By providing tools that help artists scale their work while retaining control and ownership, Exactly.ai is poised to make a meaningful impact in the burgeoning generative AI market.

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Google's AI Troubles Over Memorial Day Weekend

Over Memorial Day weekend, Google faced significant challenges with its new AI Overview feature in Search, which generated wild and inaccurate suggestions such as using glue on pizza and claiming Barack Obama was the first Muslim president. These AI mishaps followed closely on the heels of a problematic launch of Google's Gemini image generator, which produced historically inaccurate images, thereby further undermining the company's credibility.

In response, Google removed the erroneous responses and pledged to use these incidents to improve its systems. However, these repeated AI blunders have raised concerns about Google's reliability, as highlighted by experts who emphasize the importance of maintaining user trust. The rush to outpace competitors like Microsoft and OpenAI appears to be compromising the quality and accuracy of Google's AI products, potentially damaging its reputation as a premier information source.

Quick Takes

  • AI-Assisted Personal Storytelling: Autobiographer is a startup that uses AI to help users narrate and document their life stories, turning conversations about personal events and feelings into written prose, which can be exported as PDFs or potentially printed books. Unlike traditional creative processes, this app acts as a collaborator, enabling users to preserve their memories and create keepsakes while ensuring privacy and emotional sensitivity through encrypted storage.

  • Perplexity AI's New Feature: Perplexity Pages: Perplexity AI has introduced Perplexity Pages, a tool that helps users create visually appealing reports, articles, or guides by entering prompts and shaping the content's tone for different audiences. This feature allows users to curate detailed, customizable pages with text, images, and videos, which can be shared and searched online, blending AI-driven content creation with human curation.

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