Weekly DaaS Roundup September 11

Welcome to the latest edition of the World of DaaS Roundup. This week, AI platform launches, regulatory updates, and industry warnings are shaping the world of data and AI, read on for the full breakdown.

 📰 NEWS AND READS

Data Quality Is a Public Health Priority WHX Insights

• Just as doctors are trained on real patients and outcomes, Health AI needs exposure to real-world cases to be truly effective. Relying solely on theoretical or isolated datasets limits AI’s ability to make accurate, practical healthcare decisions.

Non-EU Companies Must Appoint GDPR Representatives World of DaaS

• World of DaaS has created a resource advising how non-EU and non-UK companies should handle personal data of residents in these regions. The guidance explains the requirement to designate local representatives, who act as points of contact for authorities and individuals exercising their data rights, helping ensure compliance with GDPR and UK GDPR.

Zoho Founder Warns Against Overhyping AI Adoption The Economic Times

• Zoho founder Sridhar Vembu has cautioned against overhyping the adoption of artificial intelligence, suggesting that while the technology has generated immense interest globally, its actual integration into corporate workflows may be slowing down.

Eli Lilly Launches AI Platform to Democratize Drug Discovery Reuters

• Eli Lilly introduces TuneLab, an AI platform that gives smaller biotech companies access to advanced drug discovery models. The platform aims to accelerate development of cancer therapies and small molecule drugs, with partners like Circle Pharma and Insitro already collaborating on innovative treatments.

🎧 THE LATEST WORLD OF DAAS PODCAST

How AI Will Destroy Traditional Advertising

Gokul Rajaram is a founding partner at Marathon Management Partners and former product leader who helped build Google AdSense and Facebook's advertising platform. He serves on the boards of Pinterest, Coinbase, and The Trade Desk, and previously led product teams at Square and DoorDash.

In this episode of World of DaaS, Gokul and Auren discuss:

• Building massive advertising platforms at Google and Facebook

• How AI is transforming content recommendations and ads

• The transition from operator to venture investor

• Why founder mode debates miss the nuance of leadership

🔥 IN CASE YOU MISSED IT…

M&A Funding Roundup

• Mistral AI- The French AI lab raised over $1.5B from ASML, which acquired an 11% stake, pushing its valuation close to $14B.

• Nebius Group- The Amsterdam-based AI infrastructure provider, is raising $3B, split between a $2B private convertible-note and a $1B public Class A share offering.

• Dispatch- The wealth client data management company, raised $18M in a Series A.

• Aurva- The AI-powered data security startup, emerged from stealth with a $2.2M seed round led by Nexus Venture Partners, focusing on AI observability and access monitoring.

• Fivetran- The data integration leader, has acquired Tobiko Data, the open-source transformation company behind SQLMesh and SQLGlot.

• Magnite- Advertising tech firm Magnite acquired streamr.ai, which builds AI-powered CTV ad tools for SMBs.

🍽️WORLD OF DAAS EVENT

Two nights ago, we hosted an intimate dinner in San Francisco with a curated group of World of DaaS members. Conversations explored AI usage in companies, emerging regulations, and debates on when the AI boom might plateau.

A huge thank you to Samba TV for hosting us in their building. If you’re interested in joining the community and participating in future events like this, apply to become a member.

🦄 WORLD OF DAAS MEMBER SPOTLIGHT

👋 WELCOME NEW WORLD OF DAAS MEMBERS

We’re excited to welcome our newest Founding Members to the World of DaaS community: Antoine Bruyns(Infobel), James Crichton(Arthur Analytics), Mike Fleder(Covariance), Ori Hever(Xverum),Tyler Masterson(TrueRoll), Joseph Rutakangwa(Rwazi), Bryan Tsui(Measurable AI)

If you are a DaaS leader and want to be part of this growing community, apply to join World of DaaS and get access to private events, curated connections, and more.

💼 WORLD OF DAAS JOB BOARD

Showcasing open roles at companies led by members of our community. A few standout opportunities this week:

• Vice President, Client Success at Moore

• Senior Research Manager at Morning Consult

• Senior Sales Representative at Anteriad

Looking to showcase an open role? The World of DaaS job board highlights opportunities from members across our community. Apply to join and get access to exclusive perks including job board postings, curated introductions, private events, and more.

🤖🎨 MACHINE-MADE MASTERPIECE

prompt: Remembering 9/11

Till next time,

The World of DaaS Team