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Report: DeepMind Vet Raises $14 Million For AI Startups

Sep 26, 2023 - pymnts.com
Vishal Maini, a former researcher for Google’s DeepMind, has launched Mythos Ventures, a fund to support AI startups. So far, the fund has raised at least $14 million. Maini is one of many Google alumni who are using their resources and expertise to shape the AI industry through investment and entrepreneurship.

The rapid investment in AI has sparked concerns about the development of the technology without proper regulation. Maini has stated that ethical AI development will remain a priority for his fund, which will support seed-stage AI startups building "pro-social technologies" and companies with long-term plans for AI's future.

Key takeaways:

  • Vishal Maini, a former researcher for Google’s DeepMind, has launched Mythos Ventures, a fund to support AI startups, and has already raised at least $14 million.
  • Maini is one of many Google alumni using their resources and expertise to shape the future of AI through investment and entrepreneurship.
  • There are concerns about the rapid pace of AI development and the need for proper regulation, with tech CEOs and national leaders warning about the potential risks.
  • Maini has emphasized the importance of safe, ethical AI development and plans to support seed-stage AI startups building "pro-social technologies" and those with long-term plans for AI's future.
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