Saturday, September 7, 2024

Character.AI, Aleph Alpha, and other AI startups that raised hundreds of millions are struggling to compete against better-funded rivals and Big Tech companies (Bloomberg)

Bloomberg:
Character.AI, Aleph Alpha, and other AI startups that raised hundreds of millions are struggling to compete against better-funded rivals and Big Tech companies  —  Even companies that raised hundreds of millions in funding are bowing out of the race to develop advanced AI models.



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Shenzhen-based Even Realities, a startup that makes smart glasses without cameras, raised a $150M pre-Series B led by Meituan and Tencent (Kate Park/TechCrunch)

Kate Park / TechCrunch : Shenzhen-based Even Realities, a startup that makes smart glasses without cameras, raised a $150M pre-Series B l...