On the same day, AI firm Scale announced it had raised $1 billion in a funding round, valuing it at $13.8 billion. The company plans to use the funding to build a "data foundry" for AI. The report also highlighted that France has become a hub of AI activity, with companies like Mistral AI raising significant funds and tech giants like Microsoft and Amazon investing in AI projects in the country.
Key takeaways:
- French startup “H”, led by Google DeepMind veterans, has raised $220 million for its goal of building artificial general intelligence (AGI).
- The startup's CEO, Charles Kantor, said the company is working towards “full-AGI,” a level of AI that matches or exceeds human capabilities.
- There are concerns about the ethical and societal implications of AGI, including its potential impact on employment and the difficulty of controlling AGI systems that surpass human intelligence.
- France is becoming a hub of AI activity, with other companies like Mistral AI raising significant funding and tech giants like Microsoft and Amazon investing in AI projects in the country.