The most AI-obsessed firms are spending roughly $7,500 monthly per employee on AI, per Ramp AI Index. That’s not more than an engineer’s salary — yet.
While Silicon Valley continues pushing aggressively into large language models and consumer-facing AI products, many European companies are focused on applying AI to complex systems already embedded into everyday life.
AI coding agent startup Niteshift has raised a $7 million seed round from a who’s who of angels. It’s betting companies will want power over, not lock-in with model makers.
Backed by Alexis Ohanian’s 776 and Kindred Ventures, Zest uses transaction data and AI to generate restaurant recommendations based on users’ real dining habits and the places they frequent.