Venture Capital

This year’s crop of hot startups shows that generative AI isn’t the only game in town. CB Insights, which tracks the tech-startup economy, released the 2023 edition of its annual AI 100, a list of 100 notable AI-powered ventures.

Microsoft deepened its high-stakes relationship with OpenAI. The tech giant confirmed rumors that it is boosting its investment in the research lab that created the ChatGPT large language model and other AI innovations.

The demise of cryptocurrency exchange FTX threatens funding for some teams devoted to AI safety. FTX, the $32 billion exchange that plunged into bankruptcy last month amid allegations of fraud, had given or promised more than $530 million to over 70 AI-related organizations.

2022 was a big year for AI-driven upstarts and scientific discovery, according to a new survey. The fifth annual State of AI Report details the biggest breakthroughs, business impacts, social trends, and safety concerns.

The generative gold rush is on. Venture capitalists are betting hundreds of millions of dollars on startups that use AI to generate images, text, and more, Wired reported.

Venture investors are tapping the brakes on AI amid rising economic uncertainty. In their latest report, market research firm PitchBook documents a sharp reduction in investment in AI startups in the first half of 2022, a time of rising inflation and interest rates.

AI startups are creating high value across a wide variety of industries. CB Insights, which tracks tech startups, published the latest edition of the AI 100, its annual list of 100 notable AI startups.

AI startups are putting their cash into . . . AI startups.What’s new: Young AI companies flush with venture capital are purchasing startups to expand the range of services they can offer.

A new report projects a rosy future for the AI industry.What’s new: A study from market research firm IDC estimates that global revenues for AI software, hardware, and services will reach $341.8 billion in

Companies in Africa and the Middle East are building AI capacity in very different ways, a new study found. AI is growing fast in both regions despite shortages of talent and data.

Asian companies lead the world in AI deployment, new research argues. Market research by MIT Technology Review Insights found that companies in the Asia-Pacific region are using machine learning faster and with better results than any other part of the world.

Many of this year’s hottest AI companies are taking the spotlight from last year’s darlings.What’s new: CB Insights, which analyzes early-stage companies, published its annual list of the 100 “most promising” startups in AI.

The business world continues to shape deep learning’s future. Commerce is pushing AI toward more efficient consumption of data, energy, and labor, according to a report on trends in machine learning from market analyst CB Insights.

Could the flood of hype for artificial intelligence lead to a catastrophic collapse in funding? AI will fail to deliver on promises inflated by businesses and researchers. Investors will migrate to greener pastures, and AI Winter will descend.

Companies with large numbers of contractual relationships may leave millions of dollars on the table because it’s not practical to customize each agreement. A new startup offers a chatbot designed to claw back that money.