Here are the makings of an interesting tale. It involves two competing tech spinouts from MIT, and two rival CEOs who were co-authors on a key research paper. And now, each company has raised on the order of $10 million from venture capitalists to win what could become a major race. It’s Lightelligence versus Lightmatter, […]
Artificial intelligence frontrunner Andrew Ng has raised $175 million for a new incubator devoted to machine learning startups. The fund, backed by NEA, Sequoia Capital, Greylock Partners and SoftBank, won’t invest in outside startups, Ng said in a note this week. Rather, it will fund small strike teams of AI researchers working inside the fund, who will test […]
Glasswing Ventures, an early-stage venture capital firm investing in the next generation of AI-powered startups, this week unveiled its Connect Council. The Connect Council consists of two working groups: the AI & Academic Group, and the Business Leadership Group. It is the first of three advisory councils to support and extend Glasswing Ventures’ investment strategy. […]
