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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A look at Jony Ive's work with LoveFrom; Ive bought a city block in SF's Jackson Square and could raise ~$1B with Sam Altman by end of 2024 for an AI device (Tripp Mickle/New York Times)

Tripp Mickle / New York Times : A look at Jony Ive's work with LoveFrom; Ive bought a city block in SF's Jackson Square and could...