{"id":13946,"date":"2024-02-14T12:22:57","date_gmt":"2024-02-14T11:22:57","guid":{"rendered":"https:\/\/kauz.ai\/million-dollar-funding-for-kauz\/"},"modified":"2024-11-08T14:25:06","modified_gmt":"2024-11-08T13:25:06","slug":"million-dollar-funding-for-kauz","status":"publish","type":"post","link":"https:\/\/kauz.ai\/en\/blog\/million-dollar-funding-for-kauz\/","title":{"rendered":"Million-Dollar Funding for Kauz"},"content":{"rendered":"<h2><span data-contrast=\"none\">I<\/span><span data-contrast=\"none\">nvestor confidence and the credo of independence <\/span><\/h2>\n<p><span data-contrast=\"none\">We are pleased to announce that we have closed a <\/span><a href=\"https:\/\/www.starting-up.de\/news\/news-investments\/chatbot-pionier-kauz-schliesst-23-mio-euro-finanzierungsrunde-ab.html\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">financing round in the millions<\/span><\/a><span data-contrast=\"none\"> successfully completed! This investment will enable us to further expand our self-service platform for AI assistants and accelerate our vision of safe human-AI interaction. We have deliberately opted for the private investor network of <\/span><a href=\"https:\/\/www.companisto.com\/de?gad_source=1&amp;gclid=Cj0KCQiAw6yuBhDrARIsACf94RX5UB7Xxql20k9X8HrFEgxWDLX8VCeuX2wNEbftJNrIJ8MRBvux5jYaAv2IEALw_wcB\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Companisto<\/span><\/a><span data-contrast=\"none\"> in order to continue our successful approach to technology development independently. Within a few weeks, millions in financing was pledged via the Angel Club, existing and private investors and a convertible bond issued by our founder and CEO Dr. Thomas R\u00fcdel. The swift and uncomplicated implementation of the financing round confirms the tangible potential of our technology and market approach.<\/span><\/p>\n<h2><span data-contrast=\"none\">Gamechanger: Large language models <\/span><\/h2>\n<p><span data-contrast=\"none\">The availability of powerful large language models has fundamentally changed the dynamics for AI-based solutions. In March 2023, we were the first provider in the DACH region to launch the <\/span><a href=\"https:\/\/kauz.ai\/chatbots\/blog\/wie-soll-ich-chatgpt-in-meinem-unternehmen-nutzen\/\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Integration of Chat GPT<\/span><\/a><span data-contrast=\"none\"> We responded to the market and at the same time started to develop our platform into a self-service platform for AI assistants. Previously, the development of AI assistants was associated with relatively high manual effort despite our extensive industry-specific database. The integration of large language models suddenly enabled us to develop highly scalable and widely applicable AI solutions. <\/span><\/p>\n<h2 aria-level=\"2\"><span data-contrast=\"none\">The Owl USP: Controllable AI<\/span><\/h2>\n<p><span data-contrast=\"none\">What distinguishes us as the regional market leader for AI assistants? The integration of leading large language models with our self-developed Natural Language Understanding (NLU) technology enables a controllable use of AI in companies. We are pioneers in offering private large language models and support the trend towards open source models that can be customized and used on site if required. <\/span><\/p>\n<h2><span data-contrast=\"none\">Future outlook: Kauz aiStudio <\/span><\/h2>\n<p><span data-contrast=\"none\">The funding will be invested in the further expansion of our Kauz aiStudio, which enables companies of all sizes to use website AI assistants and AI assistants for internal requirements. On the market side, we can now also accelerate the expansion of our partner network for industry-specific AI assistants in the SME sector. <\/span><\/p>\n<p>&nbsp;<\/p>\n<p><strong>Further information: <\/strong><a href=\"https:\/\/www.openpr.de\/news\/1257440\/Kauz-Chatbot-Pionier-schliesst-Finanzierungsrunde-mit-23-Millionen-Euro-ab.html\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Official press release<\/span><\/a><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-12410 size-full\" src=\"https:\/\/kauz.ai\/wp-content\/uploads\/ai-studio-launch90-1.png\" alt=\"\" width=\"6000\" height=\"3375\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Investor confidence and the credo of independence We are pleased to announce that we have closed a financing round in the millions successfully completed! This investment will enable us to further expand our self-service platform for AI assistants and accelerate our vision of safe human-AI interaction. We have deliberately opted for the private investor network&#8230;<\/p>\n","protected":false},"author":14,"featured_media":13754,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","footnotes":""},"categories":[61],"tags":[],"class_list":["post-13946","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","article-list-item","animate"],"acf":[],"ab_tests":{"titles":{"started":false,"start_time":1777453556000,"end_time":1780045556000,"traffic_percentage":35,"variant_traffic_percentage":[],"paused":true,"ended":false,"results":{"timestamp":0,"winning":null,"winner":null,"aggs":[],"variants":[]}},"featured_images":{"started":false,"start_time":1777453556000,"end_time":1780045556000,"traffic_percentage":35,"variant_traffic_percentage":[],"paused":true,"ended":false,"results":{"timestamp":0,"winning":null,"winner":null,"aggs":[],"variants":[]}}},"ab_test_titles":[],"ab_test_featured_images":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.1 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Million-Dollar Funding for Kauz - Kauz<\/title>\n<meta name=\"description\" content=\"Kauz announces successful multi-million dollar funding to expand its self-service AI assistant platform. 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