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☆ OpenAI hires Meta's former Orion head to lead its robotics efforts
▼ + stars: | 2024-11-05 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

The former head of Meta's Orion augmented reality glasses initiative has joined OpenAI to lead the startup's robotics and consumer hardware efforts. OpenAI has gained popularity for its viral chatbot, ChatGPT, but the hiring underscores its apparent efforts to move into building and selling hardware. Former Apple exec Jony Ive, who helped design some of Apple's most iconic products from the iMac to the iPhone, has also partnered with OpenAI to create an AI device. The startup focuses on "bringing general-purpose AI into the physical world," per its website, and it aims to do this by developing large-scale artificial intelligence models and algorithms to power robots. Kalinowski's first day on the job at OpenAI is Tuesday, Nov. 5, per a LinkedIn post.

Persons: Orion, OpenAI, Caitlin, CK, Kalinowski, Jony, Jeff Bezos, Meta Organizations: Apple, Physical Intelligence, Amazon, Lux Capital, Bond Capital, Meta, Orion, Pro Locations: San Francisco, OpenAI

☆ Watch the AI robots that Jeff Bezos just invested in fold laundry and put eggs in a carton
▼ + stars: | 2024-11-04 | by ( Alex Bitter | ) www.businessinsider.com time to read: +5 min

Jeff Bezos just invested in an artificial intelligence startup creating digital brains for robots. Videos from the company show robots folding laundry, bussing tables, and assembling boxes. At Physical Intelligence (π) our mission is to bring general-purpose AI into the physical world. Physical Intelligence, a representative for Bezos, and the other VC firms reportedly in the funding round did not immediately respond to requests for comment from Business Insider. OpenAI and Microsoft have invested in humanoid robot startup Figure AI.

Persons: Jeff Bezos, — Organizations: Service, Physical Intelligence, Amazon, Lux Capital, The New York Times, Business

☆ Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation
▼ + stars: | 2024-11-04 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Physical Intelligence, a robot startup based in San Francisco, has raised $400 million at a $2.4 billion post-money valuation, the company confirmed Monday to CNBC. Investors included Amazon founder Jeff Bezos, OpenAI, Thrive Capital and Lux Capital, a Physical Intelligence spokesperson said. Physical Intelligence's new valuation is about six times that of its March seed round, which reportedly came in at $70 million with a $400 million valuation. Physical Intelligence hopes that model will be the first step toward its ultimate goal of developing artificial general intelligence. In case studies, Physical Intelligence details how its tech could allow a robot to do laundry, bus tables or assemble a box.

Persons: Sam Altman, Jeff Bezos, OpenAI, Microsoft's Bing Organizations: Economic, Amazon, Change, Physical Intelligence, CNBC, Investors, Lux Capital, Khosla Ventures, Sequoia Capital, Tesla, Google, Intelligence Locations: Davos, Switzerland, Glasgow, Scotland, Britain, San Francisco, ChatGPT

☆ Dodgers win World Series in 5 games, overcome 5-run deficit with help of errors to beat Yankees 7-6
▼ + stars: | 2024-10-31 | by ( ) www.cnbc.com time to read: +1 min

Members of the Los Angeles Dodgers celebrate on the field after winning Game 5 to win the 2024 World Series presented by Capital One between the Los Angeles Dodgers and the New York Yankees at Yankee Stadium on Oct. 30, 2024. The Los Angeles Dodgers won their second World Series championship in five seasons, overcoming a five-run deficit with the help of three Yankees defensive miscues and rallying on sacrifice flies from Gavin Lux and Mookie Betts in the eighth inning to beat New York 7-6 in Game 5 on Wednesday night. Aaron Judge and Jazz Chisholm Jr. hit back-to-back home runs in the first inning, Alex Verdugo's RBI single chased Jack Flaherty in the second and Giancarlo Stanton's third-inning homer against Ryan Brasier built a 5-0 Yankees lead. But errors by Judge in center and Anthony Volpe at shortstop, combined with pitcher Gerrit Cole failing to cover first on Betts' grounder, helped Los Angeles score five unearned runs in the fifth. After Stanton's sixth-inning sacrifice fly put the Yankees back ahead 6-5, the Dodgers loaded the bases against loser Tommy Kahnle in the eighth before the sacrifice flies off Luke Weaver.

Persons: Gavin Lux, Mookie Betts, Aaron Judge, Jazz Chisholm, Alex Verdugo's, Jack Flaherty, Giancarlo Stanton's, Ryan Brasier, Anthony Volpe, Gerrit Cole, Betts, grounder, Stanton's, Tommy Kahnle, Luke Weaver Organizations: Los Angeles Dodgers, Capital, New York Yankees, Yankee, Yankees, New York, Dodgers Locations: Los Angeles

☆ Dodgers capture World Series by storming back in Game 5 to upend Yankees: Takeaways
▼ + stars: | 2024-10-30 | by ( Fabian Ardaya | Brendan Kuty | ) www.nytimes.com time to read: +7 min

The Dodgers got their looks against the Yankees in this series, even if there were times when they struggled to capitalize. It took the Yankees fumbling on defense in the fifth inning just to allow the Dodgers back into Game 5. The previous time came in the 1956 World Series when the Yankees blew a five-run lead against the Brooklyn Dodgers in Game 2. The downside of the Dodgers’ bullpen game in Game 4The Dodgers’ handling of Game 4 was not illogical in a vacuum. They had a 3-0 lead series lead.

Persons: Freddie Freeman, Aaron Judge, Anthony Volpe, Gerrit Cole, Mookie Betts, Walker Buehler, Alex Verdugo, relentlessness, Clay Holmes, Tommy Kahnle, Luke Weaver, Tommy Edman, Will Smith, Gavin Lux, lofting, Shohei Ohtani, Betts, Weaver, Sarah Stier, Cole, Volpe, Chisholm, Anthony Rizzo, Dave Roberts, Jack Flaherty, Flaherty, Giancarlo Santon’s, Giancarlo Stanton, Alex Slitz, Juan Soto, Chisholm’s, Verdugo, tapper, Stanton, homering, Anthony Banda —, Elsa, Getty Organizations: Los Angeles Dodgers, Dodgers, New York Yankees, Yankee, Yankees, The Dodgers, New, Brooklyn Dodgers, Dodgers ’, DH Locations: Verdugo

☆ Dodgers beat Yankees to win second World Series of franchise’s new ‘golden era’
▼ + stars: | 2024-10-30 | by ( Andy Mccullough | ) www.nytimes.com time to read: +12 min

An eighth-inning rally capped by sacrifice flies by second baseman Gavin Lux and outfielder Mookie Betts put the Dodgers in front. This title, the eighth in franchise history, can stand beside the Dodgers’ trophy from the pandemic-shortened season in 2020. The precedent feels preposterous until you consider the current Dodgers who will one day join them in the Hall of Fame. “Mark,” he told Freeman, “wants to win really bad.” That desire became clear to Ohtani when he met with the Dodgers. After Freeman launched his grand, Gibsonian walkoff in Game 1 against the Yankees, the Dodgers got the job done.

Persons: Walker Buehler, Buehler, Tommy John, Freddie Freeman, Gerrit Cole, Blake Treinen, Gavin Lux, Mookie Betts, Figueroa, Ohtani, Yoshinobu Yamamoto, Dave Roberts, Andrew Friedman, ’ ” Friedman, Jackie Robinson, Sandy Koufax, Don Drysdale, Duke Snider, Roy Campanella, Pee Wee Reese, Roberts, Friedman, Mark Walter, Frank McCourt, Walter’s, Walter, Stan Kasten, Kasten, ” Kasten, Justin Turner, Joc Pederson, gaffes, Trevor Bauer, groused, Max Scherzer, Jake Cronenworth, Lance Lynn, Eddie Rosario, “ We’ve, ” Roberts, “ That’s, Yamamoto, Freeman, “ Mark, ”, “, Tyler Glasnow, Teoscar Hernández, Ippei Mizuhara, Betts, Glasnow, ’, Max Muncy, “ We’re, ” Muncy, Yu Darvish, Gibsonian, Jack Flaherty, Cole, Aaron Judge, Anthony Volpe, Hernández, Alex Vesia, Graterol, Juan Soto, Soto, Giancarlo Stanton lofted, Flaherty, Treinen toiled, Daniel Hudson, Treinen, Jazz Chisholm, Treinen steeled, Stanton, Anthony Rizzo, Volpe, Wells, Alex Verdugo, Elsa, Getty Organizations: New York Yankees, Los Angeles Dodgers, Dodgers, Yankee, homering, Yankees, Dodger, Boys, of Fame, Walter’s Guggenheim Baseball Management, Atlanta Braves, Washington Nationals, National League West, Tampa Bay Rays, American League East, ”, Houston Astros, Boston Red Sox, Hall of Fame, Navy, National League, Arizona Diamondbacks, Athletic, Diamondbacks, San Diego Padres, of Famers, Padres, New, Yankees miscues, Buehler Locations: Brooklyn, Southern California, Cooperstown, West, Arlington , Texas, Los Angeles, “, Arizona, Atlanta, Lux, Treinen

☆ Los Angeles Dodgers win 8th World Series title after defeating New York Yankees in wild Game 5
▼ + stars: | 2024-10-30 | by ( Wayne Sterling | ) edition.cnn.com time to read: +9 min

New York Yankees captain Aaron Judge smacks a two-run home run in Game 5 of the World Series on Wednesday, October 30. Mary DeCicco/MLB/Getty Images Dodgers pitcher Jack Flaherty reacts in the dugout after he was relieved in the second inning down 4-0. Al Bello/Getty Images The Yankees' Anthony Volpe hits a grand slam in Game 4 of the World Series on Tuesday. They would go on to win 11-4 and cut the Dodgers' series lead to 3-1. Alex Slitz/Getty Images The best photos from the 2024 World Series Prev NextThis is a developing story and will be updated.

Persons: Angeles, Aaron Judge, Jazz Chisholm, Giancarlo Stanton, Gerrit Cole’s, Mike Lawrence, Gavin Lux, Mookie Betts, Blake Treinen, Anthony Rizzo, Walker Buehler, Alex Verdugo, Mary DeCicco, Jack Flaherty, Brad Penner, Chisholm, Judge, Sarah Stier, Al Bello, Anthony Volpe, Elsa, Brent Honeywell, Gleyber Torres, Volpe, Seth Wenig, Luke Hales, Freddie Freeman, Ashley Landis, Will Smith, Frank Franklin II, Freeman, Daniel Shirey, Stanton, Alex Slitz, Maddie Meyer, Smith, Alex Vesia, Harry, Michael Kopech, Jayne Kamin, Yoshinobu Yamamoto, Yamamoto, Julio Cortez, Shohei Ohtani, Juan Soto, Tommy Edman, Rob Tringali, Carlos Rodón, — Kirk Gibson’s, Gibson, Steph Chambers, Nestor Cortes, Mark J, Terrill, Brusdar Graterol, Enrique Hernández, Flaherty, Fernando Valenzuela, Valenzuela, ”, Gina Ferazzi, Brad Paisley Organizations: CNN, Los Angeles Dodgers, New York Yankees, Yankee, Dodgers, New York, LA, MLB, Yankees, Getty, Reuters, North, AP Yankees, The Dodgers, USA, Sports, AP Dodgers, Dodger, Los Angeles Times Locations: North America

☆ Lux Capital co-founder talks investing in AI and defense
▼ + stars: | 2024-10-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailLux Capital co-founder talks investing in AI and defenseJosh Wolfe, Lux Capital co-founder, joins 'Closing Bell Overtime' to talk defense technology, the AI arms race, and more.

Persons: Josh Wolfe Organizations: Lux, Lux Capital

☆ In a World Series built on stars, Shohei Ohtani’s absence would be diminishing
▼ + stars: | 2024-10-27 | by ( Ken Rosenthal | ) www.nytimes.com time to read: +7 min

Yamamoto, making his World Series debut Saturday night, allowed only one hit in 6 1/3 innings, a homer by Soto. If Ohtani misses time during the Series, the Dodgers can adjust by moving Betts to the leadoff spot and making Freeman their DH. After striking out 10 times in 22 plate appearances in the Division Series, Ohtani broke out in the National League Championship Series, batting .364 with a 1.185 OPS. AdvertisementThe Dodgers being the Dodgers, they would use any absence by Ohtani as a rallying point. (Top photo of Shohei Ohtani exiting the field in Game 2: Robert Gauthier/Los Angeles Times via Getty Images)

Persons: It’s, Ohtani, Dave Roberts, Roberts, Aaron Judge, Mookie Betts, Juan Soto, Freddie Freeman, Giancarlo Stanton, Yoshinobu Yamamoto, Gerrit Cole, Yamamoto, Soto, Fernando Tatis Jr, Tatis, Betts, Freeman, Max Muncy, Hernández, Gavin Lux, Tommy Edman, Miguel Rojas, Andy Pages, Edman, Rojas, Tommy Kahnle, –, Max, Let’s, Robert Gauthier Organizations: ANGELES, Los Angeles Dodgers, Yankee, Dodger, Dodgers, Famer, FOX Sports, San Diego Padres, Johns Hopkins Medicine, National League, Games, Yankees, New York Mets, The Dodgers, Los Angeles Times, Getty Locations: New York

☆ Dodgers’ Freddie Freeman channels Kirk Gibson with walk-off grand slam in Game 1 of World Series
▼ + stars: | 2024-10-26 | by ( Michael J. Duarte | ) www.nbcnews.com time to read: +8 min

An immortal walk-off World Series homer. “That was awesome,” said Max Muncy, the last Dodgers’ player to hit a walk-off homer in the World Series at Dodger Stadium. You can’t make it up.”For the sake of history, there have been 62 walk-offs in the 120 iterations of the World Series. “Two outs, bases loaded in a World Series game. That’s as good as it gets right there.”Game 1 of the World Series on Friday night will reverberate in our hearts and minds for a lifetime.

Persons: Freddie Freeman, Kirk Gibson, Freeman, Nestor Cortes, Gibby, Freddie, can’t, Chavez, ”, Max Muncy, Fernando Valenzuela, “, Max, They’ve, ” Freeman, Mookie Betts, Joe Davis, Vin Scully, Scully, ” Davis, “ Gibby, Dave Roberts, “ Gibson’s, Gibson, Gavin Lux, Joe Carter, I’ve, Roberts, Fernando Valenzuela –, Valenzuela, …, “ Fred, Fred Organizations: Dodgers, Los Angeles Dodgers, New York Yankees, Dodger, ., NL West, FOX, Blue Jays

☆ Exclusive: Maven Clinic is swapping out its finance chiefs as the women's health unicorn looks ahead to an IPO
▼ + stars: | 2024-10-24 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +3 min

Maven's chief financial officer has left the women's health unicorn one year after taking the role. AdvertisementMaven Clinic is swapping out its chief financial officers on the heels of a fresh funding round as the women's health startup inches closer to an IPO. Related storiesAs the highest-valued women's health startup, Maven is expected to be a candidate for the next wave of digital health IPOs. The startup's hopeful future exit would be a boon for the women's health market, which remains a small fraction of all healthcare funding. Wrapbook raised a $20 million funding round in September at a valuation of $750 million.

Persons: Maven, —, Kristina Campbell, isn't, Campbell didn't, haven't, Campbell, Wrapbook Organizations: Service, StepStone Group, Business, Sequoia Capital, Catalyst, Lux Capital, Oak HC, SEC

☆ 'The million-dollar question of this election': Women's health startups are confronting a shifting legal landscape
▼ + stars: | 2024-10-22 | by ( Melia Russell | Rebecca Torrence | ) www.businessinsider.com time to read: +14 min

Founders of women's health startups feel doubly invested in this election, one of the closest presidential races of the century. They said another Trump victory creates uncertainty for reproductive health startups, from period trackers to online abortion clinics to embryo banks. For startup Julie, the legal status of emergency contraception is the "million dollar question of this election," said Amanda E/J Morrison. Trump's waffling on reproductive rights has put founders of women's health startups on notice. For some founders of women's health startups, this election is more than a political contest; it has ramifications for their livelihoods.

Persons: Julie, Amanda E, J Morrison, Morrison, Lily, Trump, We're, —, Kamala Harris, Trish Costello, Mika Eddy, Eddy, Samuel Corum, Jane, Roe, Wade, Hey Jane, Carli Sapir, Sapir, Donald Trump, Mark Wilson, Flo, Deena Shakir, Lauren Berson Sugarman, Berson, Alice Zheng, Zheng, Julie's, Dobbs, TikTok influencers, Julie swag, Julie Julie's, It's, Melia Russell, Rebecca Torrence Organizations: Suffolk University, Trump, Getty, Amboy Ventures, White, Lux Capital, Maven, Sciences, Vitra Labs, Investors, Walmart, JAMA, Business Locations: New York, Boston, Texas, California, we're, Roe America, Alabama

☆ Yes, there were humans controlling Tesla's bartending robots behind the scenes
▼ + stars: | 2024-10-14 | by ( Jaures Yip | Ana Altchek | ) www.businessinsider.com time to read: +5 min

Tesla's robots serving drinks and talking to guests at the "We Robot" were partly controlled by humans. Please be nice to the Optimus robots. Tesla's Optimus robots walked into the spotlight at the company's "We, Robot" event. Videos of guests' interactions with the Optimus robots posted online underscored that humans were involved. Tesla has said it's already deployed two Optimus robots on its factory floor, though it is unclear what tasks they are completing.

Persons: Tesla, —, Elon Musk, Optimus, Musk, you'll, livestream Morgan Stanley, I'm, Jeremy Judkins, Josh Wolfe, it's Organizations: Service, Optimus, Lux Capital, Tesla

☆ These are the 10 dirtiest cruise ships, according to the CDC — including an ultra-luxury vessel
▼ + stars: | 2024-10-12 | by ( Brittany Chang | ) www.businessinsider.com time to read: +6 min

The CDC randomly inspects and scores cruise ships to prevent the spread of stomach viruses. The 11 dirtiest ships this year so far scored 89 or less, including one that received 62 points. For cruise ships, scoring an 85 out of 100 on the Centers for Disease Control and Prevention's Vessel Sanitation Program review is considered a failure. The CDC has reported 10 bacterial and viral outbreaks on cruise ships since the start of 2024. The CDC checks cruise ships for details such as how frequently the pool's hair and lint strainer is disinfected.

Persons: —, Sergi Reboredo, Brittany Chang, Jens Büttner, Lloyd Organizations: CDC, Service, Centers for Disease Control, Getty, Cruises, Seas, Caribbean International, Expeditions, Magnifica, MSC Cruises, — Ritz, Carlton, Lloyd Cruises, MSC Seaside, Rederij, Hanseatic, Getty Images, Sanitation, MSC, Lindblad Expeditions, Ritz Locations: norovirus, Hanseatic, Amsterdam, Royal Caribbean

☆ Padres top Dodgers as fans throw baseballs, trash at San Diego players
▼ + stars: | 2024-10-07 | by ( Jacob Lev | Brad Lendon | ) edition.cnn.com time to read: +3 min

CNN —The San Diego Padres hit a record-tying six home runs Sunday night to smash the Los Angeles Dodgers 10-2 in a Major League Baseball playoff game marred by fans in Dodger Stadium throwing what appeared to be baseballs, and then trash, at Padres players. With the Padres up 4-1 at the time, fans threw baseballs at Padres left-fielder Jurickson Profar while he was warming up in the outfield. As Padres manager Mike Shildt and players met with umpires, fans started throwing trash onto the outfield grass by Tatis in right field. Padres outfielder Jurickson Profar speaks with an umpire during a delay due to fans throwing items on the field. But I know also that we’ll stay classy, San Diego,” Shildt said.

Persons: Fernando Tatis Jr, baseballs, Jurickson Profar, Mike Shildt, ” Profar, It’s, Brian Rothmuller, “ We’re, we’re, ”, Tatis, ” Tatis, “, ” Shildt, Xander Bogaerts, Mark J, Terrill, David Peralta, Gavin Lux, Jackson Merrill, Kyle Higashioka Organizations: CNN, San Diego Padres, Los Angeles Dodgers, Major League Baseball, Dodger, Padres, San Diego, National League, ESPN, MLB, Philadelphia Phillies, Chicago Cubs, Dodgers Locations: San Diego, Los Angeles

☆ Spacecraft delivery startup founded by former SpaceX rocket guru raises $150 million, led by Founders Fund
▼ + stars: | 2024-10-01 | by ( Michael Sheetz | In Michaeljsheetz | ) www.cnbc.com time to read: +5 min

Impulse SpaceLos Angeles-based space startup Impulse, which is led by renowned rocket specialist Tom Mueller, has raised $150 million in a new fundraising round led by venture capital firm Founders Fund. University of IdahoImpulse flew its first mission, called LEO Express-1, with a Mira vehicle carrying and deploying a small satellite. A wide swath of venture investors joined the company's $150 million round including: Airbus Ventures, Alumni Ventures, Balerion Space Ventures, Lux Capital, RTX Ventures, Spring Tide, Tamarack Global, 137 Ventures, DCVC, Elysium, First Principles Group, Island Green, Overmatch and Trousdale Ventures. A Mira vehicle in orbit during the LEO Express-1 mission that launched November 2023, with several pairs of its Saiph thrusters visible. "There's a lot of cost and efficiency to be gained … [with] a reliable solution for any customer who wants to move things around in space," Mueller said.

Persons: Tom Mueller, Elon Musk, Mueller, Helios, Mira, we're, there's, SpaceX Organizations: Fund, Mueller, SpaceX, CNBC, University of Idaho, University of Idaho Impulse, LEO, Impulse, U.S . Space Force, Airbus Ventures, Ventures, Balerion Space Ventures, Lux, RTX Ventures, Trousdale Ventures, GEO, Rocket Lab, NASA Locations: Los Angeles, Beach, Redondo Beach , California

☆ The hottest AI startups are raising back-to-back funding rounds. Suddenly, it's feeling very 2021 in Silicon Valley for a chosen few.
▼ + stars: | 2024-09-20 | by ( Ben Bergman | Melia Russell | ) www.businessinsider.com time to read: +11 min

Read previewIn February, Glean announced a $200 million funding round valuing the AI enterprise software startup at $2.2 billion. AdvertisementThe transaction is the latest in a string of dizzying back-to-back funding rounds at ever-higher valuations for a handful of AI startups that stand in stark contrast to the doldrums of the overall market for startups. Earlier this year, Sakana raised $30 million in a seed funding round led by Lux Capital. Slingshot AI, which has built an automated mental health counselor, also raised separate rounds of funding just months apart. Advertisement"VCs are increasingly faced with frequent requests from their hot AI companies to follow on or double down on investments," said Iris Sun, an investor at 500 Global.

Persons: —, Glean, Arvind Jain's inbox, Jain, Steve Brotman, Perplexity, SoftBank, Sakana, Gregg Hill, that's, Matt Murphy, Dario Amodei, Kimberly White, Murphy, I'd, I've, Jenny Chang, Rodriguez, Jai Das, Rajeev Dham, couldn't, Das, Sapphire, Uber, Iris Sun, Chandrasekar Organizations: Service, Business, DST Global, Alpha Partners, Bloomberg, Google, New Enterprise Associates, Khosla Ventures, Lux Capital, Parkway Venture Capital, Menlo Ventures, Getty, Sapphire Ventures, Investments Locations: Tokyo

☆ Shohei Ohtani nears historic 50-50 season with home run and steal in Dodgers win over Cubs
▼ + stars: | 2024-09-12 | by ( Jamie Barton | ) edition.cnn.com time to read: +3 min

The Japanese star is now just two away from equaling the Dodgers franchise record of 49 homers hit by Shawn Green in 2001. “For him to hit the ball 118 mph at that degree, it’s usually a double,” said Dodgers manager Dave Roberts, according to MLB.com. But the Dodgers roared back in the bottom of the first with five runs, immediately turning the game on its head. After two outs, Tommy Edman continued his impressive form with a two-run homer to left field to give the Dodgers the lead. Ohtani now has 16 regular-season games remaining to find the required three home runs and two stolen bases, starting on Friday at the Braves.

Persons: Shohei Ohtani, Ohtani, Shawn Green, Ronald Acuña Jr, Alex Rodriguez, ”, Dave Roberts, it’s, He’s, ” Ohtani’s, Max Muncy, “, we’ve, Tommy Edman, Will Smith, Muncy, Matt Slocum, Seiya, Cody Bellinger’s, Pete Crow, Gavin Lux, Isaac Paredes ’ Organizations: CNN, Los Angeles Dodgers, Chicago Cubs, Los Angeles Angels, Dodgers, Atlanta Braves, Seattle Mariners, “, Cubs, LA, Braves Locations: Ohtani, Edman

☆ These are the 22 most promising healthcare AI startups of 2024, according to top VCs
▼ + stars: | 2024-09-03 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +1 min

We asked VCs at firms like Khosla Ventures and Lux Capital to name rising startups in healthcare AI. They picked 22 companies using AI to improve cardiovascular care, insurance payments, and more. A third of all healthcare funding went to startups leveraging AI in the first half of 2024, according to Rock Health. That's why this year Business Insider's list of the most promising startups in healthcare is focusing on healthcare startups using AI to supercharge their businesses and bring better care to patients. This story is available exclusively to Business Insider subscribers.

Persons: VCs, — Organizations: Khosla Ventures, Lux, Service, Rock Health, Business

☆ 2 investment areas in AI that people will be 'very bullish' on in the future, according to a VC
▼ + stars: | 2024-08-26 | by ( Jaures Yip | ) www.businessinsider.com time to read: +4 min

Read previewWith the AI arms race underway and a host of industries investing in the technology, Lux Capital venture capitalist Josh Wolfe identified the areas he's particularly keen on. AI in biology"AI into biology is really interesting because most computer scientists underappreciate how hard biology is," he said. "Biology is really complex — it is not linear, it is not 'programmable biology' the way many people think." AI in roboticsWhile "robots" typically invoke images of futuristic humanoid tech like Elon Musk's Optimus, Wolfe said he thinks "humanoid robots are not going to be the way." Although Wolfe thinks humanoid robots will attract money for their intrigue, he said that robots mimicking human capabilities are "really inferior to what robots can do."

Persons: —, Josh Wolfe, Logan Bartlett, Wolfe, Meta, Nat Friedman, Daniel Gross, ESM3, Elon, Optimus Organizations: Service, Lux Capital, Business, Meta, Amazon Web Services, AWS

☆ Top VC explains why he thinks the sky-high valuations of AI companies aren't justified, predicts 'a lot of destruction'
▼ + stars: | 2024-08-23 | by ( Jordan Hart | ) www.businessinsider.com time to read: +1 min

Josh Wolfe of Lux Capital questions the long-term value of artificial intelligence investments. Wolfe highlights a gap between AI companies' revenue and the economic value needed for returns. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Lux Capital venture capitalist Josh Wolfe appeared on "The Logan Bartlett Show" to talk about investing and the future of AI.

Persons: Josh Wolfe, Wolfe, —, Logan Bartlett Organizations: Lux Capital, Service, Big Tech, Business

☆ Secret to Startup Success: Being an Obnoxious Risk-Taker
▼ + stars: | 2024-08-13 | by ( Nate Silver | ) www.businessinsider.com time to read: +11 min

Of the billionaires on the 2023 Forbes 400 list — the 400 richest people in the United States — 70% are basically self-made. In 1982, only 40% of the Forbes 400 had started their own business; the majority were simply scions of inherited wealth. The Forbes 400, however, is the extreme right tail of the curve. But you're not sniffing the Forbes 400 list, where the bidding starts at about $3 billion. I don't think VCs are deliberately picking founders they think are unreliable, although sometimes it seems like it.

Persons: Raj Chetty, That's, Chamath Palihapitiya, Palihapitiya, Josh Wolfe, Wolfe, Elon Musk, Thiel, Jeff Bezos, we're, Sam Bankman, Andreessen Horowitz, A16z, Adam Neumann, Neumann, WeWork, Marc Andreessen, Ben Horowitz, Horowitz, they've, Benchmark's Gurley, Gurley, Nate Silver Organizations: Forbes, United States —, Social Capital, Burger, Lux, VCs, New York Times, Penguin Press, Penguin Publishing, Penguin Random Locations: United States, America, Sri Lanka, Canada, Coney, Israeli, Silicon, Canyon Point , Utah

☆ Sober bars find their footing as mocktails and alcohol free drinks rise in popularity
▼ + stars: | 2024-07-27 | by ( Scottie Andrew | ) edition.cnn.com time to read: +13 min

He and other sober bar impresarios believe bars should be community hubs where you can have fun without imbibing anything alcoholic. Sober bars are social hubs without alcoholA sober bar usually looks and feels like any other. In 2022, Nielsen IQ reported that 82% of people who buy non-alcoholic drinks are still buying beverages that contain alcohol. Sober bar customers aren’t always soberMarshall, who has been sober for 17 years and is also a substance use counselor, built Sans Bar for people in recovery. Sober bars are still risky businessOpening any brick-and-mortar business is a gamble, but sober bars face considerable challenges in staying open, said Marshall, who advises prospective sober bar owners.

Persons: Chris Marshall, ”, Marshall, Burnet, ” Marshall, Abby Ehmann, Michael M, Ehmann isn’t, “, Ehmann, It’s, ” Ehmann, she’s, Lux Heljardóttir, Dylan Kapit, ” Kapit, they’re, Ruby Warrington, “ We’re, Ian Blessing, isn’t, ” Mata, Leah Wright, Mata, Wright’s, aren’t, ‘, ’, ” Warrington, Lucky Organizations: CNN, Bar, Food, Getty, Pabst, “, Gallup, Nielsen, Michelin, Manhattan Locations: curacao, Austin , Texas, New York, Los Angeles, Orlando, Sacramento, Atlanta, Omaha, New, Hekate, ” Warrington, Napa Valley

☆ Startups are building robots that can perceive the human world. Here's why VC firms like Khosla and a16z say that spatial intelligence will be the next big thing in AI.
▼ + stars: | 2024-07-09 | by ( Samantha Stokes | Emma Cosgrove | ) www.businessinsider.com time to read: +7 min

Spatial intelligence allows robots to navigate and interact with their environment more efficiently, which means that robots can perform more complex tasks with higher precision and adaptability. AdvertisementEven so, investors say that spatial intelligence represents a quantum leap for the robotics industry, a space already benefiting from an AI boom. Lior Susan, CEO and founder of Eclipse Ventures, is betting that the difficulty of building AI with spatial intelligence will yield bigger returns in the future. "You see this boom of generative AI startups that are actually buying a lot of compute that do not have a business model yet," Susan said. Big tech is rolling in, tooBigger tech companies are also gearing up to compete in robotics' spatial intelligence race—both as builders and investors.

Persons: —, Andreessen Horowitz, Catalyst, Howard Morgan, Max Rimple, Erin Price, Wright, Fei, Fei Li, Kanu Gulati, Khosla, –, Gulati, Lior Susan, Susan, Jeff Bezos, Jensen Huang Organizations: Service, Khosla Ventures, Business, B Capital, Catalyst, Lightspeed Venture Partners, Coatue Management, Stanford University, Eclipse Ventures, Intelligence, Lux, Sequoia Capital, Microsoft, Nvidia, Carbon Robotics, AIs Locations: LLMs, OpenAI, Lux Capital, Taipei

☆ On Morgan Spurlock and the Possibilities of Mercy for #MeToo Men - The New York Times
▼ + stars: | 2024-06-10 | by ( Lux Alptraum | ) www.nytimes.com time to read: +2 min

When the news broke last month that Mr. Spurlock had died from complications of cancer, the arc of his life seemed permanently settled: a one-hit wonder who’d squandered his success by trying to get out ahead of a potential P.R. After that initial coffee, I’d stayed in touch with Mr. Spurlock and eventually we formed a friendship, one full of conversations about what it might mean to be a better person. Despite that relationship, I don’t consider him worthy of blanket forgiveness; I don’t even believe that he deserved a second chance at the spotlight. But I can’t shake the feeling that, nearly seven years after #MeToo, we still haven’t found a way for men who want to make amends to do so meaningfully. There were prominent figures brought down by #MeToo who’ve never asked for, nor deserved, our sympathy.

Persons: Morgan Spurlock, I’d, ”, “, who’d, Spurlock, he’d, —, MeToo who’ve Locations: Downtown Manhattan

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