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Top related persons:
VCs - 1 — - 1 Joe Aaron - 1 — Sheel - 1 Andreessen Horowitz - 1 Elon Musk's XAI - 1 Ilya Sutskever - 1 Umesh Padval - 1
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OpenAI Canadian Silicon Valley Bengaluru
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Sound Ventures - 2 Service - 1 Sequoia Capital - 1 Fidelity - 1 Ark Invest - 1 Wisdom Ventures - 1 Thomvest Ventures - 1 Parkway Venture - 1

Search resuls for: "Sound Ventures"


9 mentions found


☆ VCs are 'hedging their bets,' backing competing LLMs like Anthropic and OpenAI, breaking a long-standing venture taboo
  + stars: | 2024-10-26 | by ( Ben Bergman | Riddhi Kanetkar | ) www.businessinsider.com   time to read: +5 min
Venture firms are increasingly investing in competing LLM startups like OpenAI and xAI. Some VCs argue investing in multiple LLMs is strategic, while others see it as unethical. AdvertisementWhen venture firms pull out their checkbooks, there has traditionally been an unspoken rule: Do not back a competitor. Sound Ventures and Wisdom Ventures backed both OpenAI and Anthropic. There is also the matter of money, with only a handful of firms capable of writing the colossal checks required to fund LLM companies.
Persons: VCs, —, Joe Aaron, — Sheel, Andreessen Horowitz, Elon Musk's XAI, Ilya Sutskever, Umesh Padval, Padval, Anthropic, OpenAI, Gregg Hill, they've Organizations: Service, Sequoia Capital, Fidelity, Ark Invest, Sound Ventures, Wisdom Ventures, Thomvest Ventures, Parkway Venture, Madrona Ventures, NASDAQ Locations: OpenAI, Canadian
☆ AI startup Hugging Face valued at $4.5 bln in latest round of funding
  + stars: | 2023-08-24 | by ( ) www.reuters.com   time to read: +1 min
Aug 24 (Reuters) - AI startup Hugging Face said on Thursday it was valued at $4.5 billion in a $235-million funding round backed by technology heavyweights, including Salesforce (CRM.N), Alphabet's (GOOGL.O) Google and Nvidia (NVDA.O). The latest round of funding outlines the rapidly growing adoption of artificial intelligence (AI), which has been hailed by many as the next frontier of technology and has attracted some of the biggest investors in Silicon Valley. Following the launch of OpenAI's popular chatbot ChatGPT, several AI startups like Microsoft-backed (MSFT.O) Inflection AI and Google-backed Runway have raised funds. Intel (INTC.O), Advanced Micro Devices (AMD.O), Qualcomm (QCOM.O), IBM (IBM.N), Amazon (AMZN.O) and Ashton Kutcher-backed venture capital firm Sound Ventures also participated in Hugging Face's latest funding round. "In five years, every tech company will be an AI company," Delangue added.
Persons: Ashton Kutcher, Face's, Clément Delangue, Delangue, Shubhendu Satish Deshmukh, Niket, Shweta Agarwal Organizations: Google, Nvidia, Microsoft, Intel, Devices, Qualcomm, IBM, Sound Ventures, Thomson Locations: Silicon Valley, Bengaluru
☆ Ashton Kutcher's Sound Ventures is devoting $240 million towards A.I.
  + stars: | 2023-05-02 | 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 EmailAshton Kutcher's Sound Ventures is devoting $240 million towards A.I. Sound Ventures' Ashton Kutcher and Effie Epstein join 'Power Lunch' to discuss their $240 million A.I. focused fund, investing in A.I. 's foundational leaders, and A.I. influencing the evolution of social media.
☆ Watch CNBC's full interview with Sound Ventures' Ashton Kutcher and Effie Epstein
  + stars: | 2023-05-02 | 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 EmailWatch CNBC's full interview with Sound Ventures' Ashton Kutcher and Effie EpsteinSound Ventures' Ashton Kutcher and Effie Epstein join 'Power Lunch' to discuss their $240 million A.I. focused fund, investing in A.I. 's foundational leaders, and A.I. influencing the evolution of social media.
☆ Ashton Kutcher says your company will probably be 'out of business' if you're 'sleeping' on AI
  + stars: | 2023-05-02 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +3 min
During a panel, Ashton Kutcher said that companies not using AI tools like ChatGPT will shutter. In fact, actor-turned-investor Ashton Kutcher is so impressed that he thinks businesses that aren't using AI tools will suffer. "If you're a company, and you're sleeping on this, you're probably going to be out of business," he said about ChatGPT during a panel at the Milken Institute's Global Conference on Monday. Education, for instance, will be revolutionized by AI, Kutcher said. Kutcher's thoughts on AI come in response to the meteoric rise of generative AI tools.
☆ Snoop Dogg, his ape and a question of celebrity hype
  + stars: | 2023-04-07 | by ( Elle Reeve | ) edition.cnn.com   time to read: +11 min
The Bored Apes became some of the most famous NFTs after a series of celebrities said they got one. The Bored Ape crazeSnoop Dogg performs with his Bored Ape character, Dr. Bombay, in February 2023. He sold his versions as RR/BAYC with an accompanying website that detailed claims the Bored Apes contained references to racist memes on 4chan, a troll website. In March 2022, Snoop invested in Yuga Labs, and the month after, he invested in MoonPay. In the VMAs video, Eminem turns into a white ape wearing “hip hop clothes,” while Snoop becomes a cheetah-fur ape wearing a “pimp coat,” according to Yuga Labs’ description.
☆ Read the 18-slide pitch deck that creator-marketing startup Pearpop used to raise $18 million in fresh funding
  + stars: | 2022-11-30 | by ( Dan Whateley | ) www.businessinsider.com   time to read: +3 min
It just completed a $18 million fundraising round at a $300 million valuation. Here's the pitch deck it used to woo investors at a tricky moment for the creator industry. The company announced on Tuesday that it raised $18 million in a fundraising round that valued the company at $300 million, adding to last year's $10 million Series A round. The company plans to spend its new cash pile on engineering resources, product development, and growing its sales operation, Mason said. Pearpop shared with Insider the 19-page pitch deck it used to raise its $18 million round.
☆ Read the 18-slide pitch deck that creator-marketing startup Pearpop used to raise its latest funding round at a $300 million valuation
  + stars: | 2022-11-29 | by ( Dan Whateley | ) www.businessinsider.com   time to read: +3 min
It just completed a $18 million fundraising round at a $300 million valuation. Here's the pitch deck it used to woo investors at a tricky moment for the creator industry. The company announced on Tuesday that it raised $18 million in a fundraising round that valued the company at $300 million, adding to last year's $10 million Series A round. The company plans to spend its new cash pile on engineering resources, product development, and growing its sales operation, Mason said. Pearpop shared with Insider the 19-page pitch deck it used to raise its $18 million round.
☆ Harry Jowsey wants to be the next Ashton Kutcher, but will he be too hot for startups to handle?
  + stars: | 2022-06-19 | by ( Ryan Hogg | ) www.businessinsider.com   time to read: +5 min
Harry Jowsey is an influencer best known for appearing on Netflix's "Too Hot To Handle." Australian-born Jowsey aims to invest in about 10 companies including dating apps and gaming sites. A social media extrovert with acting ambitions, Jowsey models himself on Ashton Kutcher, an actor and prankster-turned serial entrepreneur. Like the actor, Jowsey has been backing companies he knows, funding startups linking tech and social media. Jowsey didn't respond to Rybchin's comments and the startups mentioned in this article didn't respond to a request for comment.
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