While large corporations like Google and Meta are curbing their DEI programs, Ulu Ventures, which just raised a fourth $208 million fund, doesn’t plan to change its strategy of investing in diverse founders, the firm told The Wall Street Journal. Co-founded by Miriam Riviera, a Latina and former vice president and deputy general counsel at […]
Ulu Ventures sticks to its diversity strategy, raises $208M Read More »
Meta is reportedly in talks to acquire a South Korean chip firm as the social media giant looks to bolster its AI hardware infrastructure. Meta may announce its intent to purchase FuriosaAI, a chip startup founded by former Samsung and AMD employees, as soon as this month, per Forbes. FuriosaAI develops chips that speed up
Report: Meta in talks to acquire AI chip firm FuriosaAI Read More »
Meta is reportedly in talks to acquire a South Korean chip firm as the social media giant looks to bolster its AI hardware infrastructure. Meta may announce its intent to purchase FuriosaAI, a chip startup founded by former Samsung and AMD employees, as soon as this month, per Forbes. FuriosaAI develops chips that speed up
Meta in talks to acquire AI chip firm FuriosaAI, according to report Read More »
In an interview at the AI Action Summit in Paris on Tuesday, OpenAI CEO Sam Altman dismissed Elon Musk’s unsolicited $97.4 billion bid for OpenAI’s nonprofit as “an attempt to slow [OpenAI] down.” “[Musk] obviously is a competitor,” Altman said. “He’s raised a lot of money for [his AI company] xAI, and they’re trying to
OpenAI CEO Sam Altman calls Musk’s bid an attempt to ‘slow us down’ Read More »
Plaid, a company that connects bank accounts to financial applications, is working with Goldman Sachs on a deal to allow early-stage investors and employees to sell existing shares, which will raise between $300 million and $400 million, Bloomberg reported, citing sources. The tender offer, as such deals are called, will likely value the company lower
Plaid working with Goldman Sachs on raising $300M to $400M in tender offer Read More »
OpenAI says it has spoken to government officials about its ongoing investigation into DeepSeek. The ChatGPT-maker previously claimed to have evidence that DeepSeek trained its AI models using improperly obtained data from OpenAI’s API. During a Bloomberg TV interview on Monday, OpenAI’s chief global affairs officer, Chris Lehane, said the company has talked with government
OpenAI spoke to government officials about its DeepSeek probe Read More »
Fine art auction house, Christie’s, has sold AI-generated art before. But soon, it plans to hold its first show dedicated solely to works created with AI, an announcement that has been met with mixed reviews. The auction, which Christie’s is calling ‘Augmented Intelligence,’ will feature artwork from artists including Mat Dryhurst, the founder of AI
Christie’s announces AI art auction, and not everyone is pleased Read More »
OpenAI is expanding its footprint to Germany. According to a press release issued Friday, the ChatGPT maker plans to open an office in Munich in the coming months. “Germany is renowned for its technical expertise, academic excellence, and industrial innovation,” OpenAI CEO Sam Altman said in a statement. “Opening our first office in Germany means
OpenAI plans to open an office in Germany Read More »
Safe Superintelligence, the AI startup founded by former OpenAI chief scientist Ilya Sutskever, is in talks to raise funding at a valuation of “at least” $20 billion, according to Reuters. It’s not clear how much Safe Superintelligence — which has yet to generate any revenue — is looking to secure, but it could be substantial.
Report: Ilya Sutskever’s startup in talks to fundraise at roughly $20B valuation Read More »
OpenAI co-founder John Schulman, who left AI company Anthropic earlier this week after a mere five months, is reportedly joining former OpenAI CTO Mira Murati’s secretive new startup, per Fortune. It’s not clear what Schulman’s role there will be. Fortune wasn’t able to learn that information, and Murati has been tight-lipped about the venture since
Report: OpenAI’s ex-CTO, Mira Murati, has recruited OpenAI co-founder John Schulman Read More »
