Google co-founder Larry Page is reportedly establishing a new startup known as Dynatomics, which aims to leverage AI technology for product manufacturing. According to a report from The Information, Page is collaborating with a select team of engineers to develop AI capable of creating "highly optimized" designs for various objects, subsequently allowing factories to build […]
Thinking Machines: The Innovative New AI Startup from Former OpenAI CTO
Former OpenAI CTO Mira Murati has introduced a new AI research and product startup named Thinking Machines. The company is focused on democratizing AI access and developing systems that are both customizable and capable of working alongside humans. Their ambition is to reshape the integration of AI into daily life and various industries. Thinking Machines […]
Elon Musk’s xAI Secures $6 Billion Funding Boost to Propel AI Aspirations
Elon Musk’s AI venture, xAI, has secured $6 billion in a Series C financing round, significantly advancing its ambitions in artificial intelligence. The announcement reveals a diverse group of backers, including major players like Andreessen Horowitz, Blackrock, Fidelity, and Nvidia. Notably, Saudi conglomerate Kingdom Holdings contributed approximately $400 million, elevating xAI’s valuation to $45 billion—nearly […]
Investment Strategies of Nvidia’s Competitors in Startups: An Investigation
Over the past couple of years, Nvidia, the leading AI chipmaker, has significantly increased its investments in startups, gaining a more profound foothold in the AI industry. According to S&P Global and Crunchbase, the number of Nvidia’s startup investments spiked 280% year-over-year from 2022 to 2023, participating in around 46 deals last year through the […]