This Sequoia-backed lab thinks the brain is ‘the floor, not the ceiling’ for AI
AI lab Flapping Airplanes just landed $180 million in seed funding from the likes of Google Ventures, Sequoia, and Index to do something most labs have quietly given up on: making models learn like humans instead of vacuuming up the internet. The founding team, made up of brothers Ben and Asher Spec...
AI video startup Runway raises $315M at $5.3B valuation, eyes more capable world models
Startup Runway has raised a $315 million round at a $5.3 billion valuation, funds it will use to expand beyond AI video generation and into world models.
The company raised $13 billion in equity funding just five months ago, but intense competition between frontier labs and the ongoing cost of compute have made them eager to raise as quickly as possible.
Ex-Googlers are building infrastructure to help companies understand their video data
Founded by former Google Japan leaders, InfiniMind is building enterprise AI to turn vast, unused video archives into searchable, actionable business intelligence.
Fundamental raises $255 million Series A with a new take on big data analysis
Fundamental has built a new foundation model to solve an old problem: how to draw insights from the huge quantities of structured data produced by enterprises.
Exclusive: Positron raises $230M Series B to take on Nvidia’s AI chips
The investment comes from backers including the Qatar Investment Authority as demand for chips beyond Nvidia soars and as Qatar aims to build out its AI infrastructure.
Fitbit founders launch AI platform to help families monitor their health
Luffu uses AI in the background to gather and organize family information, learn day-to-day patterns, and flag notable changes so families can stay aligned and address potential wellbeing issues.
Elon Musk’s SpaceX officially acquires Elon Musk’s xAI, with plan to build data centers in space
The merger creates the world's most valuable private company, and paves the way for Musk to try and prove out the usefulness of space-based data centers.