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Tech News > Blog > Latest Tech > Emerging Tech > Exactly.ai Raises $4M to Empower Artists with AI Technology
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Exactly.ai Raises $4M to Empower Artists with AI Technology

Elina Norberg
Last updated: May 30, 2024 12:46 pm
Elina Norberg 12 months ago
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Introduction to Exactly.ai’s Mission

In an era where artists frequently face the challenge of maintaining control over their creations, Exactly.ai, a new player from London, is stepping up with a powerful solution. Founded in 2022, Exactly.ai aims to revolutionize the art world by using generative AI to help visual artists scale their work while retaining legal ownership.

Innovative AI Technology for Creative Minds

Exactly.ai offers a unique platform where artists can train AI models on their original artwork. This enables them to reproduce their creative styles quickly and efficiently. The AI-generated artworks remain the intellectual property of the artists, ensuring they retain full ownership and control. This approach not only speeds up the creation process but also opens up new opportunities for artists to monetize their work on a larger scale.

With 40,000 registered users and millions of images already uploaded, Exactly.ai is cultivating a robust community of creators eager to embrace AI as a tool for artistic expansion.

Funding and Future Prospects

The recent seed funding round brought Exactly.ai an impressive $4.3 million, led by Speedinvest and supported by multiple venture capitalists and angel investors. This financial backing underscores the market’s confidence in Exactly.ai’s potential to impact the creative sector significantly.

The global market for generative AI is predicted to soar to $668 billion by 2030, with a substantial portion potentially benefiting the art world. Exactly.ai’s platform positions itself strategically within this burgeoning market, promising to help artists scale their operations to meet increasing client demands without sacrificing quality or creative integrity.

Competitive Edge and Market Position

Exactly.ai stands out by providing a distinct alternative to freelance platforms like Upwork and Fiverr, where artists traditionally seek opportunities to scale their work. Instead of competing in saturated markets, Exactly.ai’s users leverage the platform’s specialized AI to enhance their creative capacity and meet the high demands of top-tier clients.

Sustainable Growth and Community Contribution

The startup’s approach is also community-centric. Artists contribute to the platform not only by uploading their work but by actively participating in the enhancement of the AI algorithms. This collaborative effort ensures that the AI tools evolve in ways that genuinely benefit the artists.

Furthermore, Exactly.ai incorporates open art data from museums, adding another layer of depth and diversity to the AI’s learning process, which in turn enhances the quality and authenticity of the output.

Conclusion: A New Era for Artists

Exactly.ai is more than just a technology company; it’s a growing movement within the art community. By providing tools that expand creative possibilities, Exactly.ai supports artists in realizing their potential while maintaining the essence of their original work.

This innovative approach marks a significant step forward in how artists interact with technology, ensuring that AI serves as a partner in the creative process, not as a competitor.

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