[ However, that amount includes massive funding from corporate backers, like Microsoft’s infusion of capital into OpenAI and Amazon’s funding of Anthropic. Stripped down to conventional VC investments, funding in 2023 for AI startups was much smaller, and only on pace to match the total amount raised in 2021. Pitchbook senior analyst Brendan Burke noted … Read more
[ For attendees at payment processing company Stripe Inc’s annual conference this week, it was impossible to miss: A six-foot Renaissance-style Carrara marble statue of a nude man clutching an expired Stripe test credit card, displayed in an expo hall at San Francisco’s Moscone Center. Naturally, people snapped photos of it during lunch. Memes proliferated. … Read more
[ PARIS: Karim Beguir launched the artificial intelligence startup InstaDeep in Tunisia in 2014 with just two computers and US$2,000 (RM9,568). By 2023, it was an international operation bought by German laboratory BioNTech for US$700mil (RM3.34bil). “For the first time, we saw that a startup launched in Africa with very limited resources could become a … Read more
[ In November 2019, the US government’s National Security Commission on Artificial Intelligence (NSCAI), an influential body chaired by former Google CEO and executive chairman Eric Schmidt, warned that China was using artificial intelligence to “advance an autocratic agenda.” Just two months earlier, Schmidt was also seeking potential personal connections to China’s AI industry on … Read more
[ Walk me through your own decision to do this—to use Orchid’s technology on yourself. I mean, I started the company because I wanted to test my own embryos. Because of your mom, or because of who you are as a person? Both. Reproduction is one of the most fundamental things in life. It’s like … Read more
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[ This past Monday, about a dozen engineers and executives at data science and AI company Databricks gathered in conference rooms connected via Zoom to learn if they had succeeded in building a top artificial intelligence language model. The team had spent months, and about $10 million, training DBRX, a large language model similar in … Read more
[ Aravind Srinivas credits Google CEO Sundar Pichai for giving him the freedom to eat eggs. Srinivas remembers the moment seven years ago when an interview with Pichai popped up in his YouTube feed. His vegetarian upbringing in India had excluded eggs, as it had for many in the country, but now, in his early … Read more
[ Two of Blue Origin’s earliest employees, former president Rob Meyerson and chief architect Gary Lai, have started a company that seeks to extract helium-3 from the lunar surface, return it to Earth, and sell it for applications here. The company has been operating in stealth since its founding in 2022, but it emerged on … Read more
[ YAOUNDE: Joseph Ngono’s face lights up with a smile as he looks at his smartphone, where a payment worth US$830 (RM3,883) has just appeared in his digital wallet. Like many Cameroonians, the computer scientist pays in each week to a shared savings fund known as a “tontine” – an ancient system that startups are … Read more
