The Supercycle of AI: How Startups Can Tap into the Next Big Thing
5 months ago

The Supercycle of AI: How Startups Can Tap into the Next Big Thing

Live Mint  

Venture capitalist Martin Casado discusses the potential of AI for investors. He highlights three use cases that are working well now: creative composition, companionship, and code. Casado also discusses the challenges of AI, including the need for data, computing power, and data centers. He emphasizes that the next epoch of AI growth will be driven by exponential scales, requiring 10 times more computing power, data, and electricity than the previous one. He believes that smaller, private companies are some of the fastest-growing companies in the AI industry and that they have a significant opportunity to create value through AI.

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History of this topic

Cost of intelligence: Can AI sustain itself?
3 weeks ago

Cost of intelligence: Can AI sustain itself?

New Indian Express  

Artificial intelligence firms are grappling with significant financial challenges despite rapid growth. With projected losses of $5 billion in 2024 against revenues of $3.7 billion, the company is struggling to sustain the high costs of running advanced AI models while maintaining user accessibility. This highlights a broader issue in the AI industry: balancing innovation, scalability and profitability in a sector …

DeepSeek sends a shockwave through markets
2 months ago

DeepSeek sends a shockwave through markets

Live Mint  

In a flash, euphoria over artificial intelligence has turned to panic. The immediate cause of investors’ panic is DeepSeek, an obscure Chinese hedge-fund turned AI startup that last week blew analysts away with its latest large language model, R1. DeepSeek’s entrance on the AI scene comes at a time when American tech giants are splurging ever more on AI infrastructure. …

AI startups drive VC funding resurgence, capturing record U.S. investment in 2024
2 months, 3 weeks ago

AI startups drive VC funding resurgence, capturing record U.S. investment in 2024

The Hindu  

Artificial intelligence startups have contributed significantly to the recovery of U.S. venture capital funding from market lows, with the total capital raised in 2024 nearly 30% higher year-on-year, according to PitchBook data released on Tuesday. AI startups also captured a record 46.4% of the total $209 billion raised last year, compared to less than 10% a decade earlier. The enthusiasm …

AI Startup Funding Hit a Record $97 Billion in 2024
Trending News
2 months, 3 weeks ago

AI Startup Funding Hit a Record $97 Billion in 2024

Live Mint  

-- Venture capitalists put $97 billion into artificial intelligence startups in the US last year — a new record in a year of multibillion-dollar megarounds for companies like Elon Musk’s xAI, OpenAI and Anthropic. Almost half of the total $209 billion raised by US startups last year went to AI companies, the research firm said, the highest portion on record. …

AI is hitting a wall just as valuations reach the stratosphere
4 months, 1 week ago

AI is hitting a wall just as valuations reach the stratosphere

CNN  

A version of this story appeared in CNN Business’ Nightcap newsletter. Some AI skeptics have warned for years about “scaling laws” — the idea that you can continually improve a model’s output just by throwing more data and computing power at it. See here: Tech news outlet The Information cited unnamed OpenAI employees who said that some of the company’s …

AI investments are booming, but venture-firm profits are at a historic low
4 months, 1 week ago

AI investments are booming, but venture-firm profits are at a historic low

Live Mint  

Silicon Valley’s venture-capital firms are having an easy time finding promising startups to back. Last year, U.S. venture firms returned $26 billion worth of shares back to their investors, the lowest amount since 2011, according to the data provider PitchBook. “We’ve raised a lot of money, and we’ve given very little back," Thomas Laffont, co-founder of investment firm Coatue Management, …

AI startup funding hit a record in the L.A. area last quarter. Here’s who got the most money
4 months, 3 weeks ago

AI startup funding hit a record in the L.A. area last quarter. Here’s who got the most money

LA Times  

Anduril Industries co-founder Palmer Luckey is shown at the company’s Costa Mesa office last year. The region broke a record in the third quarter, capturing $1.8 billion in venture capital investment for AI startups with a total of 31 deals, according to a new report by research firm CB Insights. Anduril, which manufactures autonomous weapons systems, including submarine drones, has …

AI investments may not bring great returns in the near future: Goldman Sachs
9 months ago

AI investments may not bring great returns in the near future: Goldman Sachs

Hindustan Times  

All the time and money invested by various companies in artificial intelligence may provide disappointing returns, Goldman Sachs wrote in its recent report titled, ‘Gen AI: Too much to spend, too little benefit?’ Most of the money being invested into AI technology is actually spent on its infrastructure and hardware, including data centers, the power grid, and chips. "AI technology …

A Peter Thiel-backed AI startup, Cognition Labs, seeks $2 billion valuation
1 year ago

A Peter Thiel-backed AI startup, Cognition Labs, seeks $2 billion valuation

Live Mint  

Cognition Labs, a startup developing an artificial intelligence tool for writing code, is in talks with investors to raise funding at a valuation of up to $2 billion, in a test of the investor frenzy around new AI technology. Silicon Valley venture firms including Founders Fund, already a shareholder in Cognition, are in talks to invest in the current round, …

More funding needed for women-led AI start-ups, report says
1 year ago

More funding needed for women-led AI start-ups, report says

The Independent  

Sign up to our free weekly IndyTech newsletter delivered straight to your inbox Sign up to our free IndyTech newsletter Sign up to our free IndyTech newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Female-led AI start-ups are being left behind in terms of investment funding, despite …

The Art of a Good Unicorn | Startup founders, here's how Gen AI could reshape your business
1 year, 4 months ago

The Art of a Good Unicorn | Startup founders, here's how Gen AI could reshape your business

Hindustan Times  

Late 2022 seemed to be a watershed moment in the advent of AI and generative AI. There also had been a lingering worry that AI would come for the menial or manual jobs, but it seems like it may redefine creative sectors as well. Samuel says, “If you want to build a global marketplace where enterprises can click to hire …

Op-Ed: Beware a world where artists are replaced by robots. It’s starting now
2 years, 3 months ago

Op-Ed: Beware a world where artists are replaced by robots. It’s starting now

LA Times  

Like many artists, I’ve looked in horror at generative image AI, a technology that is poised to eliminate humans from the field of illustration. The most popular generative art AI companies, Stability AI, Lensa AI, Midjourney and DALL-E, all trained their AI’s on massive data sets such as LAION-5B, which is run by the German nonprofit LAION. Type in a …

Artificial intelligence coming sooner than you think, experts say
7 years, 11 months ago

Artificial intelligence coming sooner than you think, experts say

ABC  

If you have seen the latest Wolverine movie, Logan, you might have noticed a crucial scene where automated trucks speed up and down the highways of the United States. "There's a real financial imperative for developing autonomous cars," Mr Walsh said, adding the industry was currently worth around $1 trillion. Ethics of AI AI has also been referred to as …

Techcode focuses on AI startups with global reach
8 years, 9 months ago

Techcode focuses on AI startups with global reach

China Daily  

Techcode, the China-headquartered global business incubator, announced in June 2016 that its US office in Silicon Valley would launch a startup accelerator with a focus on the rapid development of artificial intelligence and AI-based hardware ventures. According to Luke Tang, general manager of Techcode US, the six-month program will take place in Mountain View, where the US office is located, …

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