Menlo Ventures and Anthropic Launch $100M AI Startup Fund Menlo Ventures and Anthropic team together to establish a $100 million fund to assist next-generation AI businesses across multiple industries. Menlo Ventures and Anthropic, the AI developer behind Claude with backing from Amazon, are teaming up to establish a $100 million fund dedicated to…
The former head scientist of OpenAI recently funded $1 billion for a new company that develops ethical AI. Ilya Sutskever, an AI researcher, is the most recent former employee of OpenAI to launch a company devoted to AI safety. The former head scientist of OpenAI has raised $1 billion for his new company, which aims…
With its sales of AI hardware, Nvidia ought to be printing money right now. Rather, Its Stock Is Declining
The US government will receive AI models from OpenAI and Anthropic.
Tech Company Lays Off 5,500 Workers to Invest More in AI, Despite Making $10.3 Billion in Profit
“Those big tech companies are getting dragged to the woodshed when activity is only marginally disappointing.”
Is the hoopla around AI busting? Yes, according to some specialists.
