#ai-funding
#ai-funding

Artificial intelligence

Turning AI frenzy into fundraising strategy: How startups can win the 2024 investment race

Generative AI funding declined by 55.3% in Q4 2023

Investors now seek strategic defensibility and differentiation in AI companies [ more ]

SiliconANGLE

3 weeks ago

Artificial intelligence

Report: Elon Musk's generative AI startup xAI to close on $6B funding round next month - SiliconANGLE

XAI Corp., Elon Musk's AI startup, seeks to raise $6 billion, with potential valuation exceeding $24 billion, highlighting competition with OpenAI.

Access to high-quality data from X (formerly Twitter) sets XAI apart, reducing the need for partnerships for training large language models like its flagship chatbot Grok. [ more ]

TNW | Ecosystems

Artificial intelligence

Turning AI frenzy into fundraising strategy: How startups can win the 2024 investment race

Generative AI funding declined by 55.3% in Q4 2023

Investors now seek strategic defensibility and differentiation in AI companies [ more ]

moregenerative-ai

Open Data Science - Your News Source for AI, Machine Learning & more

Artificial intelligence

Self Driving Startup Wayve Gets $1B Investment

SoftBank leads $1B investment in UK's Wayve, Europe's largest AI funding; advances self-driving tech with embodied AI, reducing costs and enhancing deployment speed. [ more ]

InnovationAus.com

Artificial intelligence

'We will lose out': Budget gets a fail mark for AI funding

Lack of new funding for AI in Albanese government's Budget. [ more ]

The Verge

Artificial intelligence

Senate unveils $32 billion roadmap for regulating AI

Proposed roadmap for AI regulation calls for $32 billion yearly for non-defense AI innovation. [ more ]

www.nytimes.com

Artificial intelligence

Senators Propose $32 Billion in Annual A.I. Spending but Defer Regulation

A bipartisan group of senators released a plan for AI funding and regulations with a focus on addressing risks and supporting innovation. [ more ]

The Indian Express

2 months ago

Artificial intelligence

AI in some senses is too hyped, says DeepMind CEO Demis Hassabis

AI's transformative potential is real but also faces a hype cycle. Investor interest in generative AI startups is reminiscent of past hyped sectors like cryptocurrency.

DeepMind CEO Demis Hassabis acknowledges the risks of AI hype and misrepresentation but remains optimistic about AI's long-term impact on scientific discovery. [ more ]

Medium

2 months ago

Artificial intelligence

ODSC's AI Weekly Recap: Week of March 22nd

MIT researchers work on AI peripheral vision

Saudi Arabia invests $40 billion in AI fund

Nvidia introduces faster AI chip [ more ]

Silicon Canals

Artificial intelligence

Here are 6 mind-blowing AI tools from Europe you should definitely know about

European-based companies lead in AI innovation globally.

European-made AI tools like CleanUp.pictures and Live Chat have widespread global applications. [ more ]

Mail Online

Artificial intelligence

Blackstone's 77-year-old CEO who says 'email' is his favorite app

Steve Schwarzman, CEO of Blackstone, is a major funder of AI and believes in its potential for various industries.

Schwarzman is investing heavily in AI advancement through donations to universities and is working to promote AI as assisting, not replacing, humans. [ more ]

#venture-capital

Open Data Science - Your News Source for AI, Machine Learning & more

Artificial intelligence

Venture Capitalists: AI Now Significant Part of Funding Pitches

AI is a central aspect of funding pitches for start-ups, with over 80% incorporating it.

Companies utilizing AI are seen as moving faster and seizing big problem spaces. [ more ]

TechCrunch

Artificial intelligence

Despite global frenzy, investor enthusiasm in China's AI startups wanes | TechCrunch

China's AI funding has declined in recent years, with a 38% decline in investments and a 70% decrease in total funding in 2023 compared to the previous year.

The decline in AI funding in China may be attributed to factors such as increased regulatory scrutiny and the ongoing sluggishness of global VC investments. [ more ]

Open Data Science - Your News Source for AI, Machine Learning & more

Artificial intelligence

Venture Capitalists: AI Now Significant Part of Funding Pitches

AI is a central aspect of funding pitches for start-ups, with over 80% incorporating it.

Companies utilizing AI are seen as moving faster and seizing big problem spaces. [ more ]

TechCrunch

Artificial intelligence

Despite global frenzy, investor enthusiasm in China's AI startups wanes | TechCrunch

China's AI funding has declined in recent years, with a 38% decline in investments and a 70% decrease in total funding in 2023 compared to the previous year.

The decline in AI funding in China may be attributed to factors such as increased regulatory scrutiny and the ongoing sluggishness of global VC investments. [ more ]

moreventure-capital

Medium