Saturday, May 18, 2024
HomeFunding NYC-based HumanX Secures $6Million in Funding

[Funding alert] NYC-based HumanX Secures $6Million in Funding

HumanX, an AI strategy company that acts as a catalyst for businesses with solutions in the ever-changing AI ecosystem secures $6million in funding. Primary Venture Partners led the round, and Andreessen Horowitz, Foundation Capital, and FPV Ventures also participated.

HumanX, an AI strategy company that acts as a catalyst for businesses with solutions in the ever-changing AI ecosystem secures $6million in funding. Primary Venture Partners led the round, and Andreessen Horowitz, Foundation Capital, and FPV Ventures also participated.

The money will be used by the business to increase operations and development initiatives.
HumanX, which was co-founded by Stefan Weitz and Jonathan Weiner, is an incubator that uses a three-pronged strategy to make AI helpful to organisations worldwide.

Read also – CA-based Anrok Secures $30Million in Series B Round Funding

A Data-Driven Advisory Service: It and HarrisX will work together to offer quantitative insights into the adoption of AI and its obstacles in many businesses. In order to assist frame the important questions facing each business, this partnership will first develop a thorough industry report that is slated for release this summer. In the future, the two will collaborate with a significant consulting firm (to be disclosed) to add qualitative insights to this data that are available to businesses as a subscription service, giving them a competitive advantage over their peers.

AI Regulation and Policy Advocacy: HumanX, a company committed to moral AI practices, will establish a nonprofit organisation in the fall with the goal of promoting sensible AI regulations and policies. In addition to collaborating with and supporting other nonprofits in the field, the HumanX Foundation will guarantee that governmental and business entities have a say in determining the direction of AI governance going forward. HumanX will use its experience in policy to work with Concordant, a recently established business consultancy inside Public Policy Holding Co. (PPHC) to make sure that the advancement of AI technology complies with upcoming regulations.

About HumanX

HumanX is a leader in AI strategy, acting as a spark for companies looking for precise, doable answers in the ever-changing field of AI. HumanX enables businesses and governments to fully utilise AI technology by sorting through the clutter and offering useful solutions.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular