foundational models

RLWRLD raises $14.8M to build a foundational model for robotics

AI /

As robotics has advanced, industry has steadily adopted more robots to automate away many kinds of grunt work. More than 540,000 new industrial robots were installed worldwide in 2023, taking the number of total industrial robots active to above 4 million, per IFR. Industrial robots typically excel at repetitive tasks, but they find it challenging […]

RLWRLD raises $14.8M to build a foundational model for robotics Read More »

AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom

Fundraising /

Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, even as they remain picky when it comes to funding the wider spectrum of technology.  According to new figures from analytics firm Dealroom, AI startups raised $110 billion in funding last year, up 62% on the year before. At the same time, privately-backed

AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom Read More »