Louise Lucas / Financial Times : Radical Ventures: AI neolabs, many lacking products, markets, or revenue, raised $24B in the past two qu...
Radical Ventures: AI neolabs, many lacking products, markets, or revenue, raised $24B in the past two quarters, nearly 5x OpenAI and Anthropic pre-ChatGPT — It is true that these numbers can hide some sleight of hand — It would be a brave or foolhardy investor who set out today to build a new Walmart, Uber or Amazon.
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Chinese local governments are offering subsidies like computing vouchers, rent waivers, and dedicated funding to lure AI filmmakers as part of China's AI push — When Zhu Zhili was looking for a base to set up an artificial intelligence film studio in China two years ago …
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Sources: AI chip startup DensityAI, founded by ex-Tesla Dojo team members, is in talks to raise hundreds of millions of dollars at a $10B valuation — DensityAI, an AI chip startup founded just a year ago by former leaders of Tesla's Dojo supercomputer program, is in advanced talks …
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Experts say that air-gapping AI could prevent events like the Hugging Face hack, but would undermine the value of evaluations and slow research to a crawl — Researchers are testing these systems precisely because they might behave in unpredictable, even dangerous, ways.
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Massachusetts' gambling regulator says it will examine how DraftKings and other betting companies in the state are using AI, in response to a NYT investigation — In response to a New York Times report on DraftKings, the state's gaming commission said it would evaluate how each company deployed the technology.
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