Vinod Khosla is making a new bet on foundation AI model startup Symbolica, which launched today with a $33 million Series A round led by Khosla Ventures.
In February, Demis Hassabis, the CEO of Google's DeepMind AI research lab, warned that throwing increasing amounts of compute at the types of AI algorithms in wide use today could lead to diminishing returns. Getting to the "next level" of AI, as it were, Hassabis said, will instead require fundamental research breakthroughs that yield viable alternatives to today's entrenched approaches. Ex-Tesla engineer George Morgan agrees.
Paylode, a new way for businesses to launch, monetize and manage perks programs to drive consumer loyalty, while helping consumers save money in this tightening econom.
Big banks have seen the most deposits from startups since SVB's collapse—but there's one startup in the mix fortune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fortune.com Daily Mail and Mail on Sunday newspapers.