Anthropic Said to Be Closing In on $300 Million in New A.I. Funding
Anthropic specializes in generative artificial intelligence, a hot investment in Silicon Valley. The new funding could value the company at roughly $5 billion.
Entrepreneurs Flee China’s Heavy Hand: ‘You Don’t Have to Stay There’
Weary of crackdowns and lockdowns, businesspeople are moving out of China and taking their wealth with them. Many have found a new home in Singapore.
Posted inCoronavirus (2019-nCoV) Credit and Debt Entrepreneurship Innovation Interest Rates Recession and Depression United States Economy Venture Capital
After a Burst of New Businesses, a Cooling Economy Intrudes
The pandemic has brought a boom in entrepreneurship, but higher interest rates, a chill in venture capital and fears of recession now pose obstacles.
Posted inComputers and the Internet Corporate Social Responsibility Entrepreneurship Founders Fund Microsoft Corp OpenAI Labs Silicon Valley (Calif) Stability AI Ltd Start-ups Thrive Capital Venture Capital
A New Area of A.I. Booms, Even Amid the Tech Gloom
An investment frenzy over “generative artificial intelligence” has gripped Silicon Valley, as tools that generate text, images and sounds in response to short prompts seize the imagination.