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.
Sam Altman, CEO of OpenAI, discussed the future of AI and Korea's tech scene at the Fireside Chat event. Altman highlighted OpenAI's ethos, culture, and focus on deep learning. He reiterated the need for continuous learning and adaptation to avoid job displacement and the role of potential regulation in various sectors. His remarks emphasized OpenAI's commitment to the development and deployment of AGI for the benefit of society. Read on for valuable insights into the dynamic landscape of AI.
Investors are paying hefty amounts to invest in AI startups, especially after the success of OpenAI's ChatGPT. This has resulted in inflated valuations and a shift towards specific AI applications. Despite concerns about revenue generation and threats to humanity, European startups focused on defense and tech sovereignty present significant opportunities.
Paris-based startup Pigment secures $88 million in funding with participation from existing investors. The company offers a modern business planning platform designed to rival Excel and major enterprise software brands. Pigment differs from Excel by seamlessly integrating with other enterprise software and data sources for real-time, synchronized insights. Its impressive 600% growth in 2022, and high-profile client list including Mozilla and Klarna, demonstrate the power and appeal of this tool for finance, sales, and HR teams everywhere.
Weights & Biases, a San Francisco-based startup, has launched new capabilities to simplify building and monitoring machine learning models. With customisable production monitoring services and Weave, a tool for developing interactive data visualisations, AI/ML development is more accessible than ever. Stay ahead in AI/ML development with Weights & Biases' platform.
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?