Defense tech is red hot right now. Anduril and Mach Industries just doubled and quadrupled their valuations, respectively, and the U.S. government is proposing a 40% increase in defense budget. A wave of new…
The global AI race is often framed as a battle between the United States and China. But at VivaTech, Europe is expected to make the case for an entirely different model.
Speaking to TechCrunch, Crunchbase’s head of research Gené Teare, said the factors holding back Black founders include “access to networks, relationships, and early introductions.”
The goal, the firm said, is to develop and operate up to 5 gigawatts of additional data center capacity.
A group of 20 Snap alumni has come together to launch a fund called Ghost Angels to back the next generation of social media.
“If you’re 22 years old in San Francisco and building something in AI, there may be a seed term sheet in your inbox — but if you’re 19, oh my God, this means you’re really good; you might already have a Series A [offer],” said one, half-kiddingly.
Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to prompted requests, per Axios.
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