Thursday, August 29, 2019

Artificial Intelligence funding is at a record high

Intel Capital has invested in 51 AI ventures, while 500 Startups has put their money behind 45 investments. Other notable investment firms, like Y Combinator, have backed 32 AI centered startups. https://ift.tt/2Lm6arQ https://ift.tt/eA8V8J
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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...