A new test for AI labs: Are you even trying to make money?

Admin5 months ago012 mins

We’re in a unique moment for AI companies building their own foundation model. First, there is a whole generation of industry veterans who made their name at major tech companies and are now going solo. You also have legendary researchers with immense experience but ambiguous commercial aspirations. There’s a clear chance that at least some of these new…

#Fei-Fei Li’s World Labs comes out of stealth with 0M in funding

#Fei-Fei Li’s World Labs comes out of stealth with $230M in funding

Admin2 years ago02 mins

Fei-Fei Li, the Stanford professor many deem the “Godmother of AI,” has raised $230 million for her new startup, World Labs, from backers including Andreessen Horowitz, NEA, and Radical Ventures. World Labs is valued at over $1 billion, and the capital was raised over two rounds spaced a couple of months apart, TechCrunch reported in…