In other news, Stability AI, an AI-driven visual art startup, has received an $80 million investment from a group including ex-Facebook President Sean Parker. This follows a series of controversies for the company, including allegations of exaggerated claims by its founder and a 10% workforce layoff. Meanwhile, MEandMine, an AI startup that identifies psychological risks in children, has raised $4.5 million in funding led by K5 Global.
Key takeaways:
- OpenAI has made two acquisitions recently, purchasing search and analytics startup Rockset and video collaboration startup Multi, indicating a potential trend towards inorganic growth in the AI sector.
- Artificial intelligence chips startup Cerebras Systems has reportedly filed confidentially for an initial public offering, suggesting that the AI sector may be leading a resurgence in the IPO market.
- Stability AI, an artificial intelligence-driven visual art startup, has received an $80 million investment from a group that includes ex-Facebook President Sean Parker, despite controversy surrounding the company's founder and its claims about its technology.
- MEandMine, a startup that uses AI to identify psychological risks in young children, has raised $4.5 million in funding led by K5 Global.