In other AI news, Boston-based Overjet raised $53.2 million in a Series C round for its AI platform that interprets X-rays and reviews dental insurance claims. Figure, a company developing AI-enhanced robots, raised $675 million at a $2.6 billion valuation, with investors including Jeff Bezos’ Explore Investments and Nvidia. Perplexity AI, an AI search startup, is reportedly nearing completion of a funding round that will give it a unicorn valuation of around $1 billion.
Key takeaways:
- Elon Musk has filed a lawsuit against OpenAI and its executives, including co-founder and CEO Sam Altman, alleging they have breached OpenAI’s founding agreement to develop artificial general intelligence for the benefit of humanity.
- OpenAI has responded by claiming that Musk wanted control of the company’s for-profit unit and to merge it with Tesla.
- More than 300 people and companies, including OpenAI, Microsoft, Google, Salesforce 1, Hugging Face and Scale AI, have signed a pledge by venture fund SVA to commit to building AI that will contribute to a better future for humanity.
- AI startups Overjet and Figure have secured significant funding rounds, with Overjet raising $53.2 million in a Series C round and Figure raising $675 million at a $2.6 billion valuation.