Tag: Venture Capital Firm
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Notion’s €300M Fifth Fund Falls Short of Expectations for Generative AI Startups
Notion Capital closes €300M fund, focusing on business software investments & aiming for 20 core Series A+ investments #VC #Europe
UK-based early-stage media tech venture capital firm GMG Ventures has undergone a rebranding to Mercuri and has successfully closed a £50 million funding round.
GMG Ventures rebrands to Mercuri, investing £50 million in AI-focused media startups revolutionizing the industry. Learn more!
European Deeptech VC IQ Capital Closes New $200M Fund as Deeptech and AI Explode
UK-based venture capital firm, IQ Capital, has closed its fourth venture fund at $200m, bringing its assets under management to over $1bn. Its latest growth fund focuses on supporting later-stage funding in its venture portfolio, as deep tech investment accelerates. IQ has backed over 100 deep tech start-ups with multiple exits, including Google, Apple, and Facebook, attracting capital from institutions, funds-of-funds, family offices, and British Patient Capital.
AI Hypocrisy: OpenAI, Google, and Anthropic Refuse to Share Data for Training while Using Others’ Content
Big tech firms use others' online content to train their AI models but don't allow their own data to be used, sparking a legal battle. OpenAI's CEO is working towards respecting copyright. Steven Sinofsky, former Microsoft exec, claims the current training methods break the web.
UK Competition Watchdog Investigates AI Models like ChatGPT
The UK's Competition and Markets Authority has initiated a review of AI foundational models, such as large language models and generative AI models, to ensure competition and consumer protection. ChatGPT, Bing Chat, DALL-E, and Midjourney are some of the applications using these models that could revolutionize music production and consumption. Get the full story and share your views till June 2.