(Bloomberg) An alumnus of Google’s artificial intelligence research unit DeepMind has a new venture fund, Mythos Ventures, that will bankroll young AI startups. Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlElon Musk Wins US Space Force Contract for StarshieldCitadel Is Ready to Fight With SEC Over WhatsApp ProbeLululemon Strikes Deal With Peloton for Fitness Content, Will Ax Mirror DeviceBond Selloff Grinds on as Oil Tests $94 a Barrel: Markets WrapV
Vishal Maini, a former DeepMind researcher, founded Mythos earlier this year and has raised $14 million from more than four dozen investors, according to a filing this month.
Venture investors and public companies have plowed billions into AI startups during the past year, supercharging the nascent industry and increasing concerns that the technology is developing without adequate oversight.