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This week, AI chipmaker Cerebras Systems announced that it raised $1 billion in fresh capital at a valuation of $23 billion — a nearly threefold increase from the $8.1 billion valuation the Nvidia rival had reached just six months earlier. While the round was led by Tiger Global, a huge part of the new capital…
After two years as a venture capitalist for top-shelf firm Benchmark, Victor Lazarte is leaving that company to start his own investing gig, he announced on X on Thursday. Lazarte became known in tech for co-founding mobile gaming company Wildlife Studios, which was last valued at an estimated $3 billion in 2020. Wildlife raised money…
Manus AI is one of the hottest AI agent startups around, recently raising $75 million at a half-billion-dollar valuation in a round led by Benchmark. But two unnamed sources told Semafor that the investment is now under review by the U.S. Treasury Department over its compliance with 2023 restrictions on investing in Chinese companies. Benchmark’s…
Eight years after joining Benchmark as the firm’s first woman general partner, Sarah Tavel announced on X that she is transitioning to a more limited role at the storied venture firm. In her new position as a venture partner, Tavel will continue to make investments and serve on existing company boards, but she will have…
Chinese startup Manus AI, which works on building tools related to AI agents, has picked up $75 million in a funding round led by Benchmark at a roughly $500 million valuation, according to Bloomberg. The company will use the money to expand to new markets, including the U.S., Japan, and the Middle East, Bloomberg noted,…
One of the new flagship AI models Meta released on Saturday, Maverick, ranks second on LM Arena, a test that has human raters compare the outputs of models and choose which they prefer. But it seems the version of Maverick that Meta deployed to LM Arena differs from the version that’s widely available to developers….
Anthropic used Pokémon to benchmark its newest AI model. Yes, really. In a blog post published Monday, Anthropic said that it tested its latest model, Claude 3.7 Sonnet, on the Game Boy classic Pokémon Red. The company equipped the model with basic memory, screen pixel input, and function calls to press buttons and navigate around the…
Every Sunday, NPR host Will Shortz, The New York Times’ crossword puzzle guru, gets to quiz thousands of listeners in a long-running segment called the Sunday Puzzle. While written to be solvable without too much foreknowledge, the brainteasers are usually challenging even for skilled contestants. That’s why some experts think they’re a promising way to…
The nonprofit Center for AI Safety (CAIS) and Scale AI, a company that provides a number of data labeling and AI development services, have released a challenging new benchmark for frontier AI systems. The benchmark, called Humanity’s Last Exam, includes thousands of crowdsourced questions touching on subjects like mathematics, humanities, and the natural sciences. To make…
A well-known test for artificial general intelligence (AGI) is closer to being solved. But the tests’s creators say this points to flaws in the test’s design, rather than a bonafide research breakthrough. In 2019, Francois Chollet, a leading figure in the AI world, introduced the ARC-AGI benchmark, short for “Abstract and Reasoning Corpus for Artificial…