Vogt, who resigned from the self-driving car company amid a crisis just six months ago, landed a $550 million valuation for a new company that wants to sell robots for personal uses like cleaning your house.
Notion co-founder Ivan Zhao captivated Silicon Valley investors and everyday consumers alike with a sleek productivity app that went so viral its servers crashed. Now, the profitable startup’s CEO sees a rare opening to break Microsoft and Google’s dominance in the workplace by going early and aggressive on AI.
This year’s AI 50 list shows that artificial intelligence is helping companies achieve more with less: the median headcount for an AI 50 startup was 89 employees, down from 150 last year.
Former Meta researchers who developed an AI language model for biology have launched a new startup and raised at least $40 million.
Seven of 16 newcomers to Forbes’ annual Cloud 100 list are AI companies. More than half of Cloud 100 companies say they have launched a generative AI feature in the last eight months.
Alexandr Wang briefly became the world’s youngest self-made billionaire at 24 by supplying artificial intelligence companies with the one thing they all need: humans. Hundreds of thousands of them. Now his $7.3 billion startup Scale AI is primed to cash in on the biggest AI boom yet—unless someone else can do it better or cheaper. […]
Microsoft and OpenAI will be integrating new generative AI features in both its search engine and its web browser.
VC firms have raised a record $151 billion from their investors this year. But for newer VCs, many of who are from underrepresented groups, fundraising has become paradoxically harder.