Report: Ilya Sutskever’s startup in talks to fundraise at roughly $20B valuation

Safe Superintelligence, the AI startup founded by former OpenAI chief scientist Ilya Sutskever, is in talks to raise funding at a valuation of “at least” $20 billion, according to Reuters. It’s not clear how much Safe Superintelligence — which has yet to generate any revenue — is looking to secure, but it could be substantial. […]

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Safe Superintelligence, the AI startup founded by former OpenAI chief scientist Ilya Sutskever, is in talks to raise funding at a valuation of “at least” $20 billion, according to Reuters. It’s not clear how much Safe Superintelligence — which has yet to generate any revenue — is looking to secure, but it could be substantial.
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Are companies falling out of love with OpenAI?

Humanoid robotics company Figure raised eyebrows this week when it announced it would be stepping away from a partnership with OpenAI in favor of building its own in-house AI models. Figure CEO Brett Adcock alluded to a “major breakthrough” in their own process and plans to unveil “something no one has ever seen on a […]

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Humanoid robotics company Figure raised eyebrows this week when it announced it would be stepping away from a partnership with OpenAI in favor of building its own in-house AI models. Figure CEO Brett Adcock alluded to a “major breakthrough” in their own process and plans to unveil “something no one has ever seen on a
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PromptLayer is building tools to put non-techies in the driver’s seat of AI app development

The GenAI boom of the last few years has unleashed a wave of startups promising to support the process of prompt engineering — i.e., coming up with instructions to precisely steer an AI chatbot to serve useful output. So think tools like OpenAI’s ChatGPT and Google’s Gemini, which present the user with a blank field […]

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The GenAI boom of the last few years has unleashed a wave of startups promising to support the process of prompt engineering — i.e., coming up with instructions to precisely steer an AI chatbot to serve useful output. So think tools like OpenAI’s ChatGPT and Google’s Gemini, which present the user with a blank field
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Hiveclass, a platform for virtual PE classes for kids, raises $1.5M  

When the COVID-19 pandemic struck in 2020 and schools transitioned to online learning, both Joe Titus and Paul Suhr were concerned about how to maintain their children’s activity levels in the absence of mandatory physical education classes and sports. The two friends’ solution was Hiveclass, a New York-based edtech platform that hosts online courses for […]

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When the COVID-19 pandemic struck in 2020 and schools transitioned to online learning, both Joe Titus and Paul Suhr were concerned about how to maintain their children’s activity levels in the absence of mandatory physical education classes and sports. The two friends’ solution was Hiveclass, a New York-based edtech platform that hosts online courses for
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Facial emotion recognition could have broad applications across health care, education, marketing, transportation, and entertainment. It might be used to help monitor patients remotely or in overstretched hospitals or emergency response settings, or patients unable to communicate well for any number of reasons. It could be used to personalize learning, allowing a computerized training system to respond more appropriately to the user. Similarly, such a system could improve customer service and might even be used to create immersive entertainment experiences.Facial emotion recognition could have broad applications across health care, education, marketing, transportation, and entertainment. It might be used to help monitor patients remotely or in overstretched hospitals or emergency response settings, or patients unable to communicate well for any number of reasons. It could be used to personalize learning, allowing a computerized training system to respond more appropriately to the user. Similarly, such a system could improve customer service and might even be used to create immersive entertainment experiences.[#item_full_content]

How much energy is consumed each time we upload an image to social media, which relies on data centers and cloud storage? Data centers currently account for about 1% of global energy consumption, amounting to 200 terawatt-hours of electricity annually. This immense energy demand has driven researchers to explore innovative ways to reduce energy usage.How much energy is consumed each time we upload an image to social media, which relies on data centers and cloud storage? Data centers currently account for about 1% of global energy consumption, amounting to 200 terawatt-hours of electricity annually. This immense energy demand has driven researchers to explore innovative ways to reduce energy usage.[#item_full_content]

A team of AI and robotics researchers at Carnegie Mellon University, working with a pair of colleagues from technology company NVIDIA, has developed a new model for training robots to move like human athletes.A team of AI and robotics researchers at Carnegie Mellon University, working with a pair of colleagues from technology company NVIDIA, has developed a new model for training robots to move like human athletes.[#item_full_content]

Fintech Ramp lands Eagles’ Saquon Barkley as investor and Super Bowl commercial star

Philadelphia Eagles’ star running back Saquon Barkley has not only become an investor in fintech startup Ramp, he is also the star of the company’s first Super Bowl commercial. Interestingly, it was Barkley who reached out to Ramp about investing, not the other way around as is so often the case with celebrity endorsements.  Barkley […]

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Philadelphia Eagles’ star running back Saquon Barkley has not only become an investor in fintech startup Ramp, he is also the star of the company’s first Super Bowl commercial. Interestingly, it was Barkley who reached out to Ramp about investing, not the other way around as is so often the case with celebrity endorsements.  Barkley
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Pendulum’s AI-driven platform helps enterprises better predict supply and demand

Supply chains have had a tumultuous few years, beginning in 2020, when COVID-19 upended legacy global supply chains. More recently, the “TikTok-ification” of retail has companies like Shein and Temu creating new products constantly as consumer demands change at the same rapid pace. Pendulum aims to help companies better plan for supply and demand in […]

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Supply chains have had a tumultuous few years, beginning in 2020, when COVID-19 upended legacy global supply chains. More recently, the “TikTok-ification” of retail has companies like Shein and Temu creating new products constantly as consumer demands change at the same rapid pace. Pendulum aims to help companies better plan for supply and demand in
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Intel Capital fuels TrueFoundry’s $19M funding to help boost AI deployments at scale

TrueFoundry, a startup offering enterprises a platform to deploy compound AI systems at scale, as raised $19 million in a Series A round led by Intel Capital.

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TrueFoundry, a startup offering enterprises a platform to deploy compound AI systems at scale, as raised $19 million in a Series A round led by Intel Capital.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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