AI & Robotics

Who doesn’t love a good round of FOMO? From dot-com to Web 2.0, virtual reality to blockchain, the tech industry has had its share of being too afraid to miss out on a trend. The AI bubble is the big daddy of them all. Its first offspring – the rush to lock down power for data centers – is now begetting a mad dash to secure natural gas supplies and equipment. If FOMOs could have babies, then…

OpenAI has closed a deal to raise $122 billion at an $852 billion valuation, its largest funding round to date as the company is expected to hit the public markets this year. The round will add to OpenAI’s war chest as it spends enormous amounts of money on AI chips, data center buildouts, and hiring top talent. SoftBank co-led the round alongside Andreessen Horowitz, D.E. Shaw Ventures, MGX…

To build the autonomous machines of the future, sometimes your model needs a model. Companies developing self-driving cars, robots manipulating the physical environment, or autonomous construction equipment collect thousands, if not millions, of hours of video data for evaluation and training. Organizing and cataloging that video is now a job for humans, who have to watch all of it. Even…

Fresh off a successful Series C funding round in November, the South Korean fabless AI chip startup Rebellions has raised an additional $400 million. The latest funding infusion, which comes before a planned IPO later this year, was led by Mirae Asset Financial Group and the Korea National Growth Fund. It also comes at the same time that the company is engaging in an aggressive expansion effort…