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Mayfield - 3 Navin Chaddha - 3 Chaddha - 3 Vijay Reddy - 2 Reddy - 2 MindsDB - 2 he's - 2 Torres - 2
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Search resuls for: "MindsDB"


5 mentions found


☆ With an intensified focus on AI, VC firm Mayfield is closely watching for 'maturing' early-stage gen AI startups in 2024
  + stars: | 2023-11-16 | by ( Madeline Renbarger | ) www.businessinsider.com   time to read: +4 min
In July, the firm announced its first dedicated seed fund focused on AI called AI Start. Prior to launching AI Start, Mayfield had already backed 25 early-stage startups in the space like MindsDB. Reddy's background makes him a perfect fit to lead the $250 million fund, Chaddha told Business Insider. This year, Chaddha tapped him to lead its new AI seed fund. With the AI Start fund, the team plans to double down and lead deals in seed stage and pre-seed generative AI startups, as well as AI infrastructure startups with an enterprise focus.
Persons: Mayfield, Vijay Reddy, who's, Reddy, Navin Chaddha, Mayfield's, Chaddha, He's Organizations: Business, Intel Capital, Cisco, Clear Ventures, Mayfield Locations: Mayfield
☆ Meet the contrarian VC: Why Mayfield's Navin Chaddha is writing more checks than ever before while other investors pull back
  + stars: | 2023-07-26 | by ( Vishal Persaud | ) www.businessinsider.com   time to read: +5 min
The longtime VC firm just announced a new $250 million seed fund focused on AI. In tough economic times, the firm's leader, Navin Chaddha, believes it's a prime time to invest. That has essentially been Navin Chaddha's mantra since he took over the reins at venture-capital stalwart Mayfield Fund in 2009. With a dedicated $250 million AI seed war chest, Mayfield is now prepared to lean in even more. "We believe that AI will emerge as our teammate and that the Gen.AI wave will create many iconic companies," Chaddha said in a press release.
Persons: Mayfield, Navin Chaddha, it's, Navin, that's, Chaddha, – who's, Forbes, –, Vijay Reddy, Reddy Organizations: VC, Mayfield Fund, Mayfield, Tiger, Insight Partners, Clear Ventures, Intel Capital, Wing Venture Locations: Bessemer, Sequoia
☆ 6 years ago, AI startup MindsDB was an open source project that few took seriously. Now it's worth $160 million and on a growth rocketship.
  + stars: | 2023-06-14 | by ( Vishal Persaud | ) www.businessinsider.com   time to read: +5 min
MindsDB helps developers apply machine learning to their data to build AI applications. Founded in 2017, the startup began as an AI open source project that some doubted in its early days. But six years ago, MindsDB was just an abstraction and later an open source AI project that few paid attention to. "'You're going to be able to automate the work of a machine learning engineer? "After YC, we became an actual company," Torres said.
Persons: MindsDB, Jorge Torres, he's, Torres, cofound, Adam Carrigan, Aneesh Chopra, Barack Obama, Carrigan, Michael Seibel, Y, Seibel, Luck, There's, It's Organizations: Mayfield Fund, Benchmark, Forbes, Investors, CareJourney, Mayfield Locations: London
☆ Marc Andreessen Has a Plan to Use 'AI to Save the World'
  + stars: | 2023-06-06 | by ( Vishal Persaud | ) www.businessinsider.com   time to read: +4 min
Marc Andreessen writes that AI can "make everything we care about better" in a new blog post. He believes AI companies should be able to build fast and aggressively without regulation. The current AI wave wouldn't be complete without a pithy missive from famed venture-capitalist and entrepreneur Marc Andressen. To help avert those risks, Altman recommended to lawmakers that a new agency should be created to police AI projects, particularly ones that operate at higher levels of capabilities. He also says his firm is eager to fund AI startup founders.
Persons: Marc Andreessen, Marc Andressen, Andreessen Horowitz, he's, Andreessen, Sam Altman, Altman, Andreeseen, Catalyst, Nat Friedman Organizations: OpenAI Locations: China, Coactive, London
☆ AI startup MindsDB aims to help every developer be a machine learning engineer. Here's the pitch deck it used to raise $25 million from investors like Mayfield Fund and Benchmark.
  + stars: | 2023-06-01 | by ( Vishal Persaud | ) www.businessinsider.com   time to read: +3 min
AI startup MindsDB just raised a $25 million seed extension round led by Mayfield. The round comes less than three months after it raised a $16.5 million round led by Benchmark. The founders of MindsDB aims to help software developers worldwide perform the roles of machine-learning engineers. Founded in 2017, MindsDB is now gaining the interest of investors as AI has become the talk of the town in tech. In February, the startup announced $16.5 million in funding led by Benchmark.
Persons: Mayfield, MindsDB, Navin Chaddha, Chaddha, MindDB's cofounders Jorge Torres, Adam Carrigan, Torres, Chetan Puttagunta Organizations: Benchmark, Mayfield Fund, Ventures, Australian National University Locations: San Francisco, Europe
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