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Simpplr raises $70M for its AI-powered intranet platform

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Simpler's Future: A Bright Future

In the next 12 months, Sharma expects Simpler's annual recurring revenue to grow 70% year over year or higher. The company is using OpenAI's chat TPT for its smart writing feature which helps customers auto-write and fine-tune company content intended for employees. It also uses AI for sentiment and emotion analysis, a somewhat concerning fact considering that biases tend to creep into the algorithms trained to detect sentiments and emotions.

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