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Top related persons:
Chris Lattner - 2 Vinod Khosla - 1 Reid Hoffman - 1 Adam D'Angelo - 1 Eric Newcomer's - 1 Mustafa Suleyman - 1 Ali Ghodsi - 1 Kanjun Qiu - 1
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Hayes Valley San Francisco Wall Silicon Jasper Bengaluru
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2 mentions found


☆ Cerebral Valley, the AI conference that spawned a $1.3 billion deal, is coming back to San Francisco this year
  + stars: | 2023-09-19 | by ( Alistair Barr | ) www.businessinsider.com   time to read: +3 min
Cerebral Valley, an AI conference run by Eric Newcomer's eponymous publication, just announced its second gathering of 2023. CVAI2 (Cerebral Valley AI Summit version 2.0) will take place on November 15 at the SFJAZZ Center in Hayes Valley, San Francisco. The neighborhood is nicknamed Cerebral Valley these days, due to the plethora of AI startups that have sprouted there. Ali Ghodsi, CEO of Databricks, and Naveen Rao, CEO of MosaicML, met for the first time at the initial Cerebral Valley AI Summit. That's the biggest generative AI startup deal so far, by my counting.
Persons: Vinod Khosla, Reid Hoffman, Adam D'Angelo, Eric Newcomer's, Mustafa Suleyman, Ali Ghodsi, Kanjun Qiu, Chris Lattner, May Habib, Naveen Rao, Jason Warner, Max Child, James Wilsterman, Amjad Masad, Clem Delangue, Emad, Daniela Amodei, Cristobal Valenzuela, Shane Orlick, MosaicML, it's Organizations: SFJAZZ, Service, Industry Locations: Hayes Valley, San Francisco, Wall, Silicon, Jasper
☆ AI startup Modular raises $100 mln in General Catalyst-led funding
  + stars: | 2023-08-24 | by ( ) www.reuters.com   time to read: +1 min
Aug 24 (Reuters) - AI startup Modular said on Thursday it had raised $100 million in a new funding round, led by venture capital firm General Catalyst, with participation from existing investors Google Ventures, SV Angel, Greylock and Factory. Modular is among a clutch of AI startups that have benefited from a boom in the hi-tech sector following the runaway success of ChatGPT, attracting strong interest from venture capital firms and other investors. The company did not disclose the valuation at which it raised capital in the new round, but a report by The Information put it at $600 million earlier this month. It had raised $30 million in June last year. "This new funding will enable us to scale to the incredible customer demand we are seeing," co-founder and CEO Chris Lattner said in a statement.
Persons: Catalyst, Chris Lattner, Jaiveer Singh, Tasim Zahid Organizations: Google Ventures, SV Angel, Nvidia, Thomson Locations: Bengaluru
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