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Top related persons:
Jensen Huang - 2 Cohere - 2 Aidan Gomez - 2 Mark Zuckerberg - 1 Josh Edelson - 1 Mark Zuckerberg's multibillion - 1 Joseph Spisak - 1 that's - 1
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Menlo Park , California Taiwan United Arab Washington Elon Hamadan Seoul South Korea
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Microsoft - 3 Google - 3 Nvidia - 3 Thomvest Ventures - 3 Oracle - 2 Inovia Capital - 2 Schroders - 2 Meta - 1

Search resuls for: "Thomvest Ventures"


6 mentions found


☆ Meta's unique approach to developing AI puzzles Wall Street, but techies love it
  + stars: | 2023-10-16 | by ( Jonathan Vanian | ) www.cnbc.com   time to read: +18 min
If the world's leading AI researchers use Llama, Meta could have an easier time hiring skilled technologists who understand the company's approach to development. Spisak helped oversee PyTorch and other open source AI projects when he worked at Meta from 2018 until January 2023. Although a number of open source LLMs are available, Lambert said Llama 2 is by far the most popular. "Facebook was not and that's sort of how they move forward and democratizing this, giving sort of broad access to open source. However, open source doesn't always win, and Padval acknowledged that "in this case, I don't know how it's going to evolve."
Persons: Mark Zuckerberg, Josh Edelson, Mark Zuckerberg's multibillion, Joseph Spisak, that's, Zuckerberg, Meta, Andrew Bosworth, Yann LeCun, isn't, Susan Li, Spisak, Cai GoGwilt, GoGwilt, OpenAI's, Ahmad Al, Dahle, he's, Jim Fan, Arjun Bansal, Jensen Huang, Nathan Lambert, Lambert, Critics, Umesh Padval, " Lambert, Nvidia's, Fan, Meta's, Taka Ariga, Ariga, Claude, Elon Musk, Tesla, Nur Hamdan, OpenAI's GPT, Sam Altman, Guido Appenzeller, Thomvest's Padval, Padval Organizations: Meta, AFP, Getty, Microsoft, Industry, Linux, Microsoft Windows, Facebook, Twitter, Finance, Google, AI Research, FAIR, Apple, Nvidia, Web Services, Thomvest Ventures, TC Cowen, United, United Arab Emirates, U.S, Government, AWS, Bloomberg, Amazon, VMware, Intel, Red Hat Locations: Menlo Park , California, Taiwan, United Arab, Washington, Elon, Hamadan, Seoul, South Korea
☆ AI startup Cohere raises $270 mln in Nvidia-backed funding round
  + stars: | 2023-06-08 | by ( ) www.reuters.com   time to read: +1 min
June 8 (Reuters) - Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, said on Thursday it had raised $270 million in a funding round backed by Nvidia (NVDA.O), Oracle (ORCL.N) and Salesforce Ventures, among others. Generative AI aims to make human-like creations through computer code that has processed vast amounts of data. Cohere did not reveal its valuation after the latest funding round. AI startups are a bright spot in an otherwise subdued market for venture capital funding, particularly for technology companies, amid rising interest rates and increased investor focus on profitability. Last month, Anthropic, another AI startup which has received backing from Alphabet Inc's (GOOGL.O) Google, also raised $450 million in a new round.
Persons: Cohere, Aidan Gomez, Manya Saini, Shounak Dasgupta Organizations: Microsoft, Nvidia, Oracle, Salesforce Ventures, Inovia Capital, Schroders, Thomvest Ventures, ChatGPT, Google, Thomson Locations: Bengaluru
☆ Nvidia invests in Google-linked generative A.I. startup Cohere
  + stars: | 2023-06-08 | by ( Natalie Rose Goldberg | ) www.cnbc.com   time to read: +4 min
Cohere, an enterprise-focused generative artificial intelligence startup, has raised $270 million in a Series C round of venture capital which includes AI giant Nvidia as an investor. In the new Cohere round, Oracle and Salesforce were also investors. Cohere is one of the companies that the new Salesforce Ventures generative AI fund is investing in. "We want to build that toolkit that's accessible to any dev," co-founder and CEO Aidan Gomez told CNBC in June 2022. Nvidia founder and CEO Jensen Huang expressed confidence in Cohere, saying in a press release announcing the funding, "The team at Cohere has made foundational contributions to generative AI.
Persons: OpenAI, Cohere, Aidan Gomez, Gomez, Nick Frosst, Jensen Huang, DTCP Organizations: Nvidia, Oracle, Microsoft, CNBC, Google, Google Research, Inovia Capital, Schroders, Thomvest Ventures, Ventures Locations: CoreWeave, Cohere
☆ 4 survival strategies for proptech housing startups as they enter the sector's hardest year yet
  + stars: | 2023-01-07 | by ( Alex Nicoll | ) www.businessinsider.com   time to read: +6 min
Proptech, the application of technology and venture capital to real estate, is naturally grappling with the change. Amid the threat of a recession, proptech startups have resorted to layoffs and other cost-cutting measures. In the meantime, Wedlake said, proptech companies and venture capitalists have shelved the "growth at all costs" mindset. In a recent blog post, Wedlake outlined four tactics that proptech startups were using to survive the deep freeze. So if proptech startups need to fundraise in 2023, they're likely going to have to accept lower valuations to attract any capital, Wedlake said.
☆ The tech IPO market collapsed in 2022, and next year doesn't look much better
  + stars: | 2022-12-29 | by ( Ari Levy | ) www.cnbc.com   time to read: +7 min
The Stockholm-based company raised financing at a $6.7 billion valuation this year, an 85% discount to its prior valuation of $46 billion. Butler doesn't expect the IPO market to get appreciably better in 2023. Butler also thinks that Silicon Valley has to adapt to a shift away from the growth-first mindset before the IPO market picks up again. Butler said he expects this "cultural reset" to take a couple more quarters and said, "that makes me remain pessimistic on the IPO market." Databricks raised $1.6 billion at a $38 billion valuation in August of 2021, near the market's peak.
☆ The pros and cons of going to graduate school right now, according to academic and business experts
  + stars: | 2020-07-09 | by ( Robin Madell | ) www.businessinsider.com   time to read: +13 min
Due to the current job market, many recent college graduates are considering going back to school. Could now be a smart time to put your job search on ice and shift gears to graduate school? The prosYou avoid entering a limited job market and possibly stunting your compensationPatrick Mullane, executive director of Harvard Business School Online, explained one benefit of going to graduate school while the economy isn't robust. J. Celeste Walley-Jean, dean at Clayton State University's School of Graduate Studies & Inclusive Engagement, noted that another indicator that the timing may be right to attend graduate school is cost. "If you just graduated and can't find a job, grad school might seem like a great way to ride out the recession.
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