AI & RoboticsNews

Canopii looks to succeed where past indoor farms have not

David Ashton grew up outside of Sacramento, California, and went to college in San Luis Obispo during the historic drought of the late 2000s. He spent years driving the 300-mile stretch between Sacramento and San Luis Obispo, enthralled by the never-ending lettuce farms, acres of leafy green plants against a bleak, dry background. The fact that these lush, green crops were grown in drought…
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AI & RoboticsNews

Yann LeCun’s AMI Labs raises $1.03B to build world models

AMI Labs, the new venture co-founded by Turing Award winner Yann LeCun after he left Meta, has raised $1.03 billion at a $3.5 billion pre-money valuation. AMI is working on world models, or AI that learns from reality, not just from language. This category has fewer players than generative AI, but maybe not for long. “My prediction is that ‘world models’ will be the next buzzword,” AMI…
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AI & RoboticsNews

Sandberg, Clegg join Nscale board as this ‘Stargate Norway’ startup hits $14.6B valuation

Amid growing demand for data centers that can deliver AI compute at scale, Nvidia-backed British AI infrastructure company Nscale is now valued at $14.6 billion. This makes it one of Europe’s latest decacorns alongside Helsing and Mistral AI. Nscale has bet on vertical integration, from energy and data centers to compute and orchestration software. Its new valuation stems from a $2 billion…
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AI & RoboticsNews

City Detect, which uses AI to help cities stay safe and clean, raises $13M Series A

City Detect, a company that uses vision AI to help local governments monitor the health of buildings and neighborhoods, announced on Friday a $13 million Series A round led by Prudence Venture Capital. The startup launched in 2021, and Gavin Baum-Blake, the remaining co-founder, serves as CEO. He said the company was founded in part because cities were struggling to deal with “urban blight and…
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