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The famous robot expert warns that investing in human robots starts is a waste of money
On September 28th, according to TechCrunch, a leading robot expert, Rodney Brooks, warned investors who had invested billions of dollars in human robot start-ups: you were wasting money. Brooks was co-founder of iRobot and worked for decades at MIT. In particular, he was highly sceptical about companies like Tesla and Figure trying to train robots in their ability to operate smartly by showing human mission videos..- 1.5k
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Domestic AI startup Silicon Flow completes new round of hundreds of millions of dollars in funding, led by Aliyun
June 9 news, domestic AI startup SiliconFlow (SiliconFlow) announced today that it has completed hundreds of millions of yuan in Series A financing. This round of financing was led by AliCloud, followed by old shareholders Innovation Works and other organizations, with China Renaissance acting as the exclusive financial advisor. Yuan Jinhui, founder of Silicon Mobility, said, "As a professional player who has been deeply engaged in the field of AI infrastructure for many years, Silicon Mobility has effectively solved a number of major problems in the development of the domestic AI industry through continuous technological breakthroughs and product innovation. This year, with Alibaba Tongyi Qianqian Qwen, De...- 621
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UK AI Startup Builder.ai Declares Bankruptcy, Was Invested by Microsoft
May 22 (Bloomberg) -- Builder.ai, a British tech startup that was one of the most funded tech startups in the United Kingdom, has announced that it is entering bankruptcy proceedings. Headquartered in London, Builder.ai is a company that specializes in using artificial intelligence technology to streamline the app and website development process. The company, which claimed that its technology could make the development process "as easy as ordering a pizza," was backed by a number of top-tier investors, including Microsoft and Qatar's sovereign wealth fund, and raised more than half a billion dollars in cumulative funding (note: $3.601 billion at current exchange rates...).- 2.2k
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Meta Launches Incentive Program to Help Startups Adopt Its Llama AI Model, Subsidizing Up to $6,000 Per Month
On May 22, Meta announced the launch of a new program called "Llama for Startups," designed to encourage startups to adopt its Llama AI model. The program provides eligible startups with "direct support" from Meta's Llama team and, in some cases, financial support. According to Meta's official blog, any U.S.-incorporated company with less than $10 million in total funding (note: $72.015 million at current exchange rates) and at least one developer...- 1.4k
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French AI startup Mistral CEO says company won't sell, plans IPO
Jan. 23 (Bloomberg) -- Arthur Mensch, founder and chief executive officer of French AI startup Mistral AI, said in an interview with Bloomberg Television on Tuesday that the company is not for sale and is planning to go through an IPO. Arthur Mensch also said in the interview that the company is opening an office in Singapore to strengthen its presence in the Asia-Pacific region, and is continuing to grow its business in Europe and the United States. continuing to grow its business in Europe and the United States. Like its larger U.S. rivals OpenAI and Anthropic, the company was founded in 202...- 2.7k
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Microsoft-backed Silicon Valley startup d-Matrix begins shipping its first AI chip
Silicon Valley startup d-Matrix on Tuesday announced the start of shipments of its first artificial intelligence chip aimed at providing services such as chatbots and video generation. d-Matrix has raised more than $160 million (currently about Rs 1,158 million) in funding so far, including an investment from Microsoft's venture capital arm. Early customers are testing sample chips and full shipments are expected next year, the company said. Santa Clara, California-based d-Matrix did not name specific customers, but said Super Micro Co.- 3.2k
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Microsoft launches generative AI gas pedal program in the UK, joins forces with NVIDIA, GitHub to help startups grow
On November 4, Microsoft announced the launch of its Generative AI Accelerator program, which aims to nurture the UK's most prominent AI startups and help them succeed in the future. In partnership with NVIDIA and Microsoft's development platform GitHub, the program provides resources and opportunities for companies looking to build, scale and expand generative AI products and services. It runs from January to early March 2025, and is officially said to be tailored for UK AI startups that have already received seed funding and are looking to grow further. According to reports, Microsoft launched the program...- 3.6k
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Canadian startup Perceptive Space receives $2.8 million in funding to use AI to predict space weather
Recently, a Canadian startup Perceptive Space announced that it has emerged from stealth mode and successfully raised $2.8 million in financing, aiming to improve the accuracy of space weather forecasts through artificial intelligence technology. The Toronto-based company said it will use the funds to develop an innovative space weather platform to help users better cope with changes in the space environment. Source Note: The image is generated by AI, and the image is licensed by Midjourney. As we all know, space weather includes dynamic changes such as solar flares and geomagnetic storms, which can seriously affect...- 6.6k
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US Justice Department investigates Nvidia's acquisition of Israeli AI startup Run:ai
Recently, it was reported that the US Department of Justice is investigating Nvidia's acquisition of Israeli artificial intelligence startup Run:ai, suspecting that it may have violated antitrust regulations. This news has attracted widespread attention. In April this year, Nvidia announced the acquisition, but the price was not disclosed. According to TechCrunch's report, the acquisition price was estimated to be about US$700 million. The US Department of Justice has asked market participants about the competitive impact of the transaction. Source Note: The image is generated by AI, and the image is authorized by Midjourney. At present, the scope of the investigation is unclear. But…- 2.8k
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OpenAI co-founder creates new company to tackle safe superintelligence
Ilya Sutskever, co-founder of OpenAI, recently announced that he will step down as OpenAI’s chief scientist in May this year to pursue a new entrepreneurial project. He, OpenAI colleague Daniel Levy, and Daniel Gross, former head of artificial intelligence at Apple and co-founder of Cue, announced that they are co-founding Safe Superintelligence Inc., a startup whose mission is to build safe superintelligence. In a letter published on the SSI website…- 3.9k
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