Friday, September 1, 2023

AI hasn't stemmed the yearslong startup downturn; PitchBook: US venture funding fell by almost half in Q2 2023, as generative AI investments rose 65% to $3.3B (Berber Jin/Wall Street Journal)

Berber Jin / Wall Street Journal:
AI hasn't stemmed the yearslong startup downturn; PitchBook: US venture funding fell by almost half in Q2 2023, as generative AI investments rose 65% to $3.3B  —  Venture investors are realizing that generative artificial intelligence might not be enough to stem yearslong startup downturn



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Nvidia commits $1B over five years to build out the US' "capacity for super intelligence research" in fields including quantum computing, healthcare, and energy (Tobias Mann/The Register)

Tobias Mann / The Register : Nvidia commits $1B over five years to build out the US' “capacity for super intelligence research” in fi...