Tag: venture capital
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Wired: Why ‘Beating China’ In AI Brings Its Own Risks
Source URL: https://www.wired.com/story/why-beating-china-in-ai-brings-its-own-risks/ Source: Wired Title: Why ‘Beating China’ In AI Brings Its Own Risks Feedly Summary: The US is increasingly intent on winning the AI race with China. Experts say this ignores the benefits of collaboration—and the danger of unintended consequences. AI Summary and Description: Yes Summary: The text discusses new export restrictions by…
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The Register: AI frenzy continues as Macquarie commits up to $5B for Applied Digital datacenters
Source URL: https://www.theregister.com/2025/01/15/ai_macquarie_applied_digital/ Source: The Register Title: AI frenzy continues as Macquarie commits up to $5B for Applied Digital datacenters Feedly Summary: Bubble? What bubble? Fears of an AI bubble have yet to scare off venture capitalists and private equity firms from pumping billions of dollars into the GPU-packed datacenters at the heart of the…
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The Register: UK unveils plans to mainline AI into the veins of the nation
Source URL: https://www.theregister.com/2025/01/13/uk_government_ai_plans/ Source: The Register Title: UK unveils plans to mainline AI into the veins of the nation Feedly Summary: Government adopts all 50 venture capitalist recommendations but leaves datacenter energy puzzle unsolved Britain’s government is adopting all 50 recommendations made by a venture capitalist to use AI to drive economic recovery, without even…
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Hacker News: FurtherAI (YC W24) Is Hiring Across Research, Engineering, and Design
Source URL: https://www.ycombinator.com/companies/furtherai/jobs Source: Hacker News Title: FurtherAI (YC W24) Is Hiring Across Research, Engineering, and Design Feedly Summary: Comments AI Summary and Description: Yes Summary: FurtherAI is developing AI Teammates to enhance efficiency within insurance workflows by automating tasks like processing unstructured documents and data entry. The project’s goal is to create AI systems…
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Slashdot: AI Startup Anthropic Raising Funding Valuing it at $60 Billion
Source URL: https://slashdot.org/story/25/01/07/1820244/ai-startup-anthropic-raising-funding-valuing-it-at-60-billion Source: Slashdot Title: AI Startup Anthropic Raising Funding Valuing it at $60 Billion Feedly Summary: AI Summary and Description: Yes Summary: Anthropic is reportedly close to securing $2 billion in funding, potentially raising its valuation to $60 billion. This surge reflects the growing investor interest in the AI sector, following a trend…
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Wired: Why the US Government Banned Investments in Some Chinese AI Startups
Source URL: https://www.wired.com/story/treasury-outbound-investment-china-artificial-intelligence/ Source: Wired Title: Why the US Government Banned Investments in Some Chinese AI Startups Feedly Summary: The Biden administration chose to target only companies developing frontier AI models in China. But Trump could take a more sweeping approach. AI Summary and Description: Yes Summary: The recent restrictions imposed by the US Treasury…
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Slashdot: Red Hat is Acquiring AI Optimization Startup Neural Magic
Source URL: https://linux.slashdot.org/story/24/11/12/2030238/red-hat-is-acquiring-ai-optimization-startup-neural-magic?utm_source=rss1.0mainlinkanon&utm_medium=feed Source: Slashdot Title: Red Hat is Acquiring AI Optimization Startup Neural Magic Feedly Summary: AI Summary and Description: Yes Summary: Red Hat’s acquisition of Neural Magic highlights a significant development in AI optimization, showcasing an innovative approach to enhancing AI model performance on standard hardware. This move underlines the growing importance of…