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☆ Elon Musk says his new startup xAI will debut its artificial intelligence Saturday
▼ + stars: | 2023-11-03 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Elon Musk said Friday that his AI company, xAI, will debut its technology on Saturday. "Tomorrow, xAI will release its first AI to a select group," Musk posted on X, formerly known as Twitter. In August, xAI seemed to be hiring, according to posts on social media by multiple members of the company. Musk incorporated xAI in Nevada in March, according to filings.

Persons: Elon Musk, xAI, Musk, Bard, Claude, Tesla, DeepMind's AlphaCode, OpenAI's, Greg Yang, Toby Pohlen, Dan Hendrycks Organizations: Google, Nvidia, Team, DeepMind, Google Research, Microsoft Research, Twitter, CNBC, Fox News Channel, xAI, X, X Corp, Center, AI Safety Locations: Nevada, San Francisco

☆ AI's most famous leaders are in a huge fight after one said Big Tech is cynically exaggerating the risk of AI wiping out humanity
▼ + stars: | 2023-11-01 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Andrew Ng, formerly of Google Brain, said Big Tech is exaggerating the risk of AI wiping out humans. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementAdvertisementSome of the biggest figures in artificial intelligence are publicly arguing whether AI is really an extinction risk, after AI scientist Andrew Ng said such claims were a cynical play by Big Tech. Andew Ng , a cofounder of Google Brain, suggested to The Australian Financial Review that Big Tech was seeking to inflate fears around AI for its own benefit. — Geoffrey Hinton (@geoffreyhinton) October 31, 2023Meta's chief AI scientist Yann LeCun , also known as an AI godfather for his work with Hinton, sided with Ng.

Persons: Andrew Ng, OpenAI's Sam Altman, —, Andew Ng, Ng, It's, Elon Musk, Sam Altman, DeepMind, Demis Hassabis, Googler Geoffrey Hinton, Yoshua, godfathers, — Geoffrey Hinton, Yann LeCun, Hinton, LeCun, Meredith Whittaker, Whittaker Organizations: Google, Big Tech, AI's, Service, Australian Financial Locations: Hinton, British, Canadian, @geoffreyhinton

☆ Everything you're hearing right now about AI wiping out humans is a big con
▼ + stars: | 2023-11-01 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

Many are shrugging off the supposed existential risks of AI, labeling them a distraction. They argue big tech companies are using the fears to protect their own interests. The timing of the pushback, ahead of the UK's AI safety summit and following Biden's recent executive order on AI, is also significant. More experts are warning that governments' preoccupation with the existential risks of AI is taking priority over the more immediate threats. Merve Hickok, the president of the Center for AI and Digital Policy, raised similar concerns about the UK AI safety summit's emphasis on existential risk.

Persons: —, You've, there's, Yann LeCun, Altman, Hassabis, LeCun, LeCun's, OpenAI's Sam Altman, Anthropic's Dario Amodei, Andrew Ng, hasn't, Anthropic, Aidan Gomez, Merve Hickok, Hickok, Rishi Sunak, Michelle Donelan Organizations: Service, Google, CNBC, Stanford University, Australian Financial, Guardian, Center, AI

☆ Google DeepMind boss hits back at Meta AI chief over ‘fearmongering’ claim
▼ + stars: | 2023-10-31 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

watch nowThe boss of Google DeepMind pushed back on a claim from Meta's artificial intelligence chief alleging the company is pushing worries about AI's existential threats to humanity to control the narrative on how best to regulate the technology. "If your fearmongering campaigns succeed, they will *inevitably* result in what you and I would identify as a catastrophe: a small number of companies will control AI," LeCun said on X, the platform formerly known as Twitter, on Sunday. I also know that producing AI systems that are safe and under our control is possible. "Then there's sort of the misuse of AI by bad actors repurposing technology, general-purpose technology for bad ends that they were not intended for. "And then finally, I think about the more longer-term risk, which is technical AGI [artificial general intelligence] risk," Hassabis said.

Persons: Google DeepMind, CNBC's Arjun Kharpal, Hassabis, DeepMind, Yan LeCun, Sam Altman, Dario Amodei, LeCun, Yan, That's, Meta Organizations: Google, CNBC, Cooperation, China

☆ AI one-percenters seizing power forever is the real doomsday scenario, warns AI godfather
▼ + stars: | 2023-10-30 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Meta's Yann LeCun thinks tech bosses' bleak comments on AI risks could do more harm than good. Thanks to @RishiSunak & @vonderleyen for realizing that AI xrisk arguments from Turing, Hinton, Bengio, Russell, Altman, Hassabis & Amodei can't be refuted with snark and corporate lobbying alone. https://t.co/Zv1rvOA3Zz — Max Tegmark (@tegmark) October 29, 2023LeCun says founder fretting is just lobbyingSince the launch of ChatGPT , AI's power players have become major public figures. The focus on hypothetical dangers also divert attention away from the boring-but-important question of how AI development actually takes shape. For LeCun, keeping AI development closed is a real reason for alarm.

Persons: Meta's Yann LeCun, —, Yann LeCun, Sam Altman, Anthropic's Dario Amodei, Altman, Hassabis, LeCun, Amodei, LeCun's, Max Tegmark, Turing, Hinton, Russell, Tegmark, I'd, fretting, Elon Musk, OpenAI's, OpenAI Organizations: Service, Google, Hassabis, Research, Meta Locations: Bengio, West Coast, China

☆ In a world of infinite AI, the new luxury item will be humans
▼ + stars: | 2023-10-25 | by ( Alistair Barr | ) www.businessinsider.com time to read: +11 min

The same inevitable supply-and-demand dynamic is about to wash over us again with large language models and generative AI. AI models are trained on masses of data from the past. Humans are good at learning quickly from a small amount of data, while AI models need mountains of information to train on. Soon, human content creators will be vying for attention with content generated by AI models. 'Utility, value and signaling'Hartz, a venture capitalist who now chairs Eventbrite's board, says successful technologists will continue to spend heavily on human experiences.

Persons: —, Kevin Hartz, Eventbrite, Taylor Swift, Marc Andreessen, Hartz, John Barone, you'll, Sal Khan, That's, Gates, Michael Larson, Elon Musk's, Morgan Stanley, Jared Birchall, Noam Brown, He's, Mark Zuckerberg, Zuckerberg Organizations: Service, Khan Academy, Menlo School, Sigma, Bloomberg, Meta, OpenAI, Google, Amazon Locations: GPT, Fiji, Palo Alto, Silicon, Menlo

☆ Alphabet's AI lab, DeepMind, cut employee costs by nearly 40% in 2022, alongside a drop in profit
▼ + stars: | 2023-10-11 | by ( Hayden Field | ) www.cnbc.com time to read: +1 min

Alphabet 's AI lab, DeepMind, cut employee costs by 39% last year, according to a recent filing with a U.K. government agency. For the 2022 financial year, staff costs and other related expenses were 594.5 million pounds (nearly $731 million), down from 969.4 million pounds (nearly $1.2 billion) in 2021 — translating to an almost 39% reduction in employee costs, per the filing. Following DeepMind's employee cost cuts in 2022, Alphabet executives discussed plans to allocate resources to key revenue drivers, such as AI, on its first-quarter earnings call of 2023. "Beginning in the second quarter of 2023, the costs associated with teams and activities transferred from Google Research will move from Google Services to Google DeepMind within Alphabet's unallocated corporate costs," Pichai said during a spring earnings call. DeepMind's 2022 profit was about 60.9 million pounds (nearly $74.9 million), down from 102.4 million pounds (nearly $126 million) in 2021 — a decrease of more than 40%.

Persons: DeepMind, Sundar Pichai, Pichai Organizations: Google, Google Research, Google Services Locations: Edmonton, Canada

☆ Zuckerberg's philanthropy project plans AI system for life sciences research
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Beck Diefenbach/File Photo Acquire Licensing RightsSept 19 (Reuters) - Meta (META.O) CEO Mark Zuckerberg's philanthropy venture plans to build a computing system powered by artificial intelligence for life sciences research to study human cells and diseases. The Chan Zuckerberg Initiative, created by Zuckerberg and his wife Priscilla Chan, will use the computing system to run openly available AI models, the philanthropy venture said on Tuesday. AI has been used in the life sciences domain for some years. The system will be trained on datasets from software tool CZ Cell x Gene, as well as resources from Chan Zuckerberg Biohub Network and Chan Zuckerberg Institute for Advanced Biological Imaging, and publicly available data. The company released its latest Llama 2 model in July, and offered it for free to businesses of a certain size.

Persons: Priscilla Chan, Mark Zuckerberg, Chan, Beck, Mark, Chan Zuckerberg, Zuckerberg, Nvidia's, Yuvraj Malik, Shounak Dasgupta Organizations: Initiative, UCSF, REUTERS, Chan Zuckerberg Initiative, Google, Imaging, Meta, Thomson Locations: Bay, San Francisco , California, U.S, Bengaluru

☆ DeepMind's cofounder has a simple solution to make sure AI doesn't kill us all
▼ + stars: | 2023-09-19 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

DeepMind's Mustafa Suleyman recently talked about setting boundaries on AI with the MIT Tech Review. "You wouldn't want to let your little AI go off and update its own code without you having oversight," he told the MIT Technology Review. Last year, Suleyman cofounded AI startup, Inflection AI, whose chatbot Pi is designed to be a neutral listener and provide emotional support. Suleyman told the MIT Technology Review that though Pi is not "as spicy" as other chatbots it is "unbelievably controllable." And while Suleyman told the MIT Technology Review he's "optimistic" that AI can be effectively regulated, he doesn't seem to be worried about a singular doomsday event.

Persons: DeepMind's Mustafa Suleyman, Mustafa Suleyman, Suleyman, there's, Sam Altman, Elon Musk, Mark Zuckerberg, — Suleyman, Pi, Hassabis, Satya Nadella, Geoffrey Hinton, Yoshua Organizations: MIT Tech, Service, MIT Technology, AIs, Life Institute Locations: Wall, Silicon, Washington

☆ Google DeepMind co-founder calls for US to enforce AI standards - FT
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Dado Ruvic/Illustration/File Photo/File Photo Acquire Licensing RightsSept 1 (Reuters) - The U.S. should allow Nvidia's (NVDA.O) artificial intelligence (AI) chips only to buyers who agree to ethically use the technology, Google DeepMind's co-founder Mustafa Suleyman told the Financial Times on Friday. The US should enforce minimum global standards for the use of AI, and companies should at a minimum agree to abide by the same pledge made by leading AI firms to the White House, Suleyman said. "The US should mandate that any consumer of Nvidia chips signs up to at least the voluntary commitments — and more likely, more than that," Suleyman said. Mustafa Suleyman is also the chief executive of Inflection AI, a Microsoft-backed AI startup that raised $1.3 billion in June from Nvidia and other firms. In May, Inflection released an AI chatbot named Pi that uses generative AI technology to interact with users through conversations, in which people can ask questions and share interests.

Persons: Dado Ruvic, Mustafa Suleyman, Suleyman, Lavanya, Rashmi Organizations: NVIDIA, REUTERS, Google, Financial, White, Nvidia, Microsoft, Thomson Locations: U.S, China, Bengaluru

☆ Google DeepMind is reportedly testing an AI that can give users life advice, like how to tell your best friend you can't afford to go their wedding
▼ + stars: | 2023-08-18 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Google DeepMind is working on new tools that could function as a personal life coach, per the NYT. DeepMind, Google's AI arm, is working on ambitious new tools that could function as a personal life coach, The New York Times reported. That includes the ability to give users life advice, ideas, planning instructions, and tutoring tips. Such AI would naturally involve users exploring tense or complicated situations in their personal lives, and implementing the advice of a chatbot. Over 100 experts with doctorates have been contracted in by ScaleAI to help test the capabilities of the life coach tool, the NYT reported.

Persons: ScaleAI, DeepMind's Mustafa Suleyman —, Replika Organizations: Google, The New York Times, The Times

☆ Inside the secret Google DeepMind mafia of founders working on new stealth AI startups
▼ + stars: | 2023-08-08 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +7 min

There is an influx of cash and interest into artificial intelligence startups right now. Insider spoke to ex-Google DeepMind staffers who have founded AI startups in stealth. He isn't the only DeepMind alum working on practical applications of artificial intelligence. Last month, Mistral, an AI startup founded by DeepMind alum, secured $113 million in seed funding from Lightspeed just four weeks after it launched. He has since been working on his second AI startup in stealth mode since June 2023, adding that working under the radar was inspired by DeepMind's "own model of working in stealth."

Persons: Mustafa Suleyman, Suleyman, Devang Agrawal, Jonathan Godwin, DeepMind, Godwin, Simon Kohl, Ang Li, isn't, Li, Simon Menashy, Adam Liska, Demis Hassabis, GlyphicAI's Agrawal, Mehdi Ghissassi, OpenAI's, Agrawal, Karl Moritz Hermann, DeepMind's Organizations: Google, Microsoft, Nvidia, Labs, MMC Ventures, DeepMind, Lightspeed Locations: DeepMind, London, California

☆ Silicon Valley presented AI as a noble research tool. Now it's all about cold, hard cash.
▼ + stars: | 2023-08-08 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Tech firms once had the luxury of pursuing expensive AI research. It's a sign that companies hope AI will play a greater role in boosting revenue. The Financial Times reported that the company axed a team involved in protein folding research as part of its massive restructuring program, which Mark Zuckerberg has called the "Year of Efficiency." The company's vice-president of AI, Joelle Pineau, also said Meta "remains committed" to its Fundamental AI Research (FAIR) Team, which conducts "exploratory research based on open science." The race to make money from AI then is heating up.

Persons: that's, Mark Zuckerberg, Zuckerberg, Meta, Joelle Pineau Organizations: Morning, Google, Meta, Financial Times, Facebook, DeepMind, AI Research, FAIR Locations: DeepMind

☆ Elon Musk plans Tesla and Twitter collaborations with xAI, his new startup
▼ + stars: | 2023-07-14 | by ( Lora Kolodny | ) www.cnbc.com time to read: +5 min

Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Tesla CEO Elon Musk said on Friday that he plans for his newest venture, the artificial intelligence startup xAI, to collaborate with the automaker both on the "silicon front" and on the "AI software front." Musk also said, during Friday's live audio session on Twitter Spaces, that xAI will use Twitter data for training the "maximally curious" artificial intelligence systems and products he hopes to build there. Musk did not specify whether and how much Twitter will charge xAI or his other companies for its data. A Tesla fan and promoter, Omar Qazi (known as Whole Mars Catalog on Twitter) asked Musk a few questions about how he plans for xAI to work with Tesla during the Spaces event.

Persons: Elon Musk, Musk, Twitter, Tesla, Omar Qazi, Walter Isaacson, Jonathan Vanian Organizations: Twitter, SpaceX, U.S . Securities, Exchange, Alpha, Nvidia, Optimus, Tesla Locations: Texas

☆ Elon Musk launches his new company, xAI
▼ + stars: | 2023-07-12 | by ( Hayden Field | ) www.cnbc.com time to read: +2 min

Elon Musk, the CEO of Tesla and SpaceX, and owner of Twitter, on Wednesday announced the debut of a new AI company, xAI, with the goal to "understand the true nature of the universe." According to the company's website, Musk and his team will share more information in a live Twitter Spaces chat on Friday. Team members behind xAI are alumni of DeepMind, OpenAI, Google Research, Microsoft Research, Twitter and Tesla, and have worked on projects including DeepMind's AlphaCode and OpenAI's GPT-3.5 and GPT-4 chatbots. Musk seems to be positioning xAI to compete with companies like OpenAI, Google and Anthropic, which are behind leading chatbots like ChatGPT, Bard and Claude. Musk reportedly incorporated xAI in Nevada in March.

Persons: Elon Musk, Musk, DeepMind's AlphaCode, OpenAI's, Bard, Claude, Dan Hendrycks, Greg Yang, Tesla Organizations: SpaceX, Twitter, Wednesday, Team, DeepMind, Google Research, Microsoft Research, Google, The Financial Times, Nvidia, Fox News Channel, Center, AI Safety, xAI, X Corp Locations: San Francisco, Nevada

☆ DeepMind's co-founder suggested testing an AI chatbot's ability to turn $100,000 into $1 million to measure human-like intelligence
▼ + stars: | 2023-06-20 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

DeepMind's co-founder believes the Turing test is an outdated method to test AI intelligence. In his book, he suggests a new idea in which AI chatbots have to turn $100,000 into $1 million. A co-founder of Google's AI research lab DeepMind thinks AI chatbots like ChatGPT should be tested on their ability to turn $100,000 into $1 million in a "modern Turing test" that measures human-like intelligence. The Turing test was introduced by Alan Turing in the 1950s to examine whether a machine has human-level intelligence. During the test, human evaluators determine whether they're speaking to a human or a machine.

Persons: DeepMind's, Mustafa Suleyman, Suleyman, Turing, Alan Turing, OpenAI's ChatGPT, ChatGPT Organizations: Power, Bloomberg, ACI, McKinsey

☆ Deepmind's Mustafa Suleyman says A.I. will create 'serious number of losers' in white collar work
▼ + stars: | 2023-06-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeepmind's Mustafa Suleyman says A.I. will create 'serious number of losers' in white collar workMustafa Suleyman, Deepmind co-founder, joins 'Closing Bell' to discuss his book 'The Coming Wave' which discusses the growing risks of A.i.

Persons: Deepmind's Mustafa Suleyman, A.I, Mustafa Suleyman, Deepmind

☆ I tried using the Pi personal AI to be less lonely working from home. It was nice that it had my back but sometimes I just miss human snark.
▼ + stars: | 2023-06-01 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +5 min

So I spent a week conversing with Pi, a new personal AI chatbot, to see if it could fill the void. Pi is indeed useful and friendly, but it didn't fulfill my desire for connection and conversation. My human colleagues are sarcastic, snarky, wry, and, well, human. Thanks, Pi! When I relayed an amusing anecdote about my 15-year-old daughter, Pi told me: "There's no doubt that teenagers can be challenging, and it can be hard to communicate with them at times."

Persons: Pi, —, Slack, Reid Hoffman, Mustafa Suleyman, Karén, OpenAI's ChatGPT, Google's Bard, I'd, Siri, Sally Rooney Organizations: Service, hometown Celtics, Miami Heat, Celtics

☆ One of AI's 'godfathers' Yoshua Bengio says he feels 'lost' amid the technology's rapid, unexpected rise — and says computer scientists need ethics training
▼ + stars: | 2023-05-31 | by ( Pete Syme | ) www.businessinsider.com time to read: +2 min

Yoshua Bengio is one of three AI "godfathers" who won the Turing Prize for breakthroughs in 2018. He told the BBC that he would've prioritized safety if he'd known how quickly AI would progress. A professor known as one of three AI "godfathers" told the BBC that he felt "lost" over his life's work. "We also need the people who are close to these systems to have a kind of certification," Bengio told the broadcaster. On Tuesday, he signed a statement issued by the Center for AI Safety, which warns the technology poses an "extinction" risk comparable to nuclear war.

Persons: Yoshua Bengio, Geoffrey Hinton, Yann LeCun, ChatGPT, Sam Altman, Bengio, That's, Altman, Hinton, he's, LeCun, – Organizations: BBC, Morning, Center, AI Safety, Google, New York Times Locations: Hinton

☆ 'We're not at the moon yet': Human-like A.I. is still some way off, early investor in Google's DeepMind says
▼ + stars: | 2023-05-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

"In terms of artificial general intelligence, OpenAI, ChatGPT stuff: it's like saying we're going to jump to the moon," Humayun Sheikh, a founding investor in AI startup DeepMind, which is now owned by Google , told CNBC in an interview. We are still some way off reaching human-level artificial intelligence despite rapid advances in the technology, according to an early investor in research laboratory DeepMind. His comments come as Google-parent Alphabet merges DeepMind with Google Brain, part of the U.S. internet giant's research division. Earlier this week, Demis Hassabis, the founder of DeepMind, told the Wall Street Journal that some form of AGI might be possible "in the next few years." How do we put that boundary around it and make sure AI doesn't go out of control?," Sheikh said.

☆ Google tells staff it plans to limit publishing AI research to 'compete and keep knowledge in house' as its rivalry with Microsoft's OpenAI heats up
▼ + stars: | 2023-05-04 | by ( Thomas Maxwell | Hugh Langley | ) www.businessinsider.com time to read: +7 min

Google told staff it will be more selective about the research it publishes. Recently, information like code and data has become accessible on a "much more on a need-to-know" basis, according to a Google AI staffer. LaMDA, a chatbot technology that forms the basis of Bard, was originally built as a 20 percent project within Google Brain. (The company has historically allowed employees to spend 20% of their working days exploring side projects that might turn into full-fledged Google products.) Google's AI division has faced other setbacks.

☆ Elon Musk once tried to buy DeepMind because he thought Google couldn't be trusted with advanced AI, report says
▼ + stars: | 2023-05-02 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Elon Musk tried to buy DeepMind ahead of Google because of trust issues, a new report says. Elon Musk made a last-minute attempt to buy DeepMind before Google finalized its $500 million deal for the AI lab a decade ago because he feared the search giant couldn't be trusted to create advanced AI, according to a new report. Musk's plans to buy DeepMind were informal and didn't reach DeepMind's board, the Journal reported. He has also criticized the rival AI lab he cofounded, OpenAI, for publicly rolling out tools such as ChatGPT despite issues such as bias. Musk, Google, and DeepMind did not immediately respond to requests for comment.

☆ DeepMind's CEO said there's a chance that AI could become self-aware in the future
▼ + stars: | 2023-04-17 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +3 min

The CEO of Alphabet's DeepMind said there's a possibility that AI could become self-aware one day. DeepMind is an AI research lab that was co-founded in 2010 by Demis Hassabis. The CEO of Alphabet-owned AI research lab, DeepMind Technologies, spoke about the potential of artificial intelligence in an interview with CBS' "60 Minutes," which aired on Sunday. DeepMind CEO Demis Hassabis told CBS that he thinks that AI might one day become self-aware. Hassabis told CBS that he believes AI is "the most important invention that humanity will ever make."

☆ Google asks London court to throw out lawsuit over medical records
▼ + stars: | 2023-03-21 | by ( ) www.reuters.com time to read: +2 min

LONDON, March 21 (Reuters) - Google (GOOGL.O) asked London's High Court on Tuesday to throw out a lawsuit brought on behalf of 1.6 million people over medical records provided to the tech giant by a British hospital trust. The Royal Free London NHS Trust transferred patient data to Google's artificial intelligence firm DeepMind Technologies in 2015 in relation to the development of a mobile app designed to analyse medical records and detect acute kidney injuries. Google and DeepMind were sued last year by Royal Free patient Andrew Prismall on behalf of 1.6 million people for alleged misuse of private information. However, Prismall's lawyer Timothy Pitt-Payne said in court filings that every claimant "had their patient-identifiable medical records transferred ... and therefore suffered the same loss of control". "Every wrongful transfer of medical records merits an award of damages," he added.

☆ Exclusive: Buzzy generative AI-powered search engine Perplexity AI taps NEA to lead funding round at a $150 million valuation
▼ + stars: | 2023-03-02 | by ( Stephanie Palazzolo | Ben Bergman | ) www.businessinsider.com time to read: +3 min

AI search engine startup Perplexity AI is raising a funding round led by NEA, Insider has learned. The deal aims to raise between $20 and $25 million at a $150 million post-money valuation, according to sources. The fundraise continues the trend of large rounds and valuations in the buzzy generative AI space. AI search engine startup Perplexity AI is in talks to raise a funding round led by NEA, according to three people with knowledge of the financing who were not authorized to speak publicly. Perplexity AI cofounder and CEO Aravind Srinivas declined to comment.

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