Investors are turning to secondary markets to invest in AI startups, as traditional funding rounds shut them out. Shares in these startups are in high demand, with AI startups representing 25-30% of investor demand. Platforms like AngelList and ForgeGlobal have seen significant increases in secondary rounds for share sales. Caplight has also seen enthusiasm for buzzy AI companies like OpenAI and Anthropic. Despite not yet being available, reports show heavy buy interest in OpenAI in secondary markets.
Gensyn AI raises $43 million in Series A funding to connect global machine learning compute hardware. Their platform aims to enable seamless utilization of all available machine learning capable compute hardware worldwide for training work.
Apple focuses on machine learning instead of artificial intelligence at WWDC. Tim Cook explains that they integrate AI into their products but don't use the term. By showcasing their unique approach, Apple differentiates itself from other tech giants.
Discover the cutting-edge machine learning technique that enables the creation of strong tailored antibodies with high-affinity sub-nanomolar scFvs. Developed by scientists in a new study published in Nature Communications.
Explore the evolution of tech policy from Obama's optimism to Harris's vision at the Democratic National Convention. What's next for Democrats in tech?