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Symbolica Raises $31 Million to Develop AI Systems to Compete With OpenAI

Symbolica Raises $31 Million to Develop AI Systems to Compete With OpenAI
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San Francisco , United States , George Morgan , Stephen Coates , Christopher Kauffman , Khosla Ventures , Abstract Ventures , Buckley Ventures , Anna Tong ,

Symbolica hopes to head off the AI arms race by betting on symbolic models

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. ....

George Morgan , Vinod Khosla , Demis Hassabis , University Of Washington , Abstract Ventures , Buckley Ventures , Day One Ventures , Khosla Venture , San Francisco Based Symbolica ,

Archetype AI Raises $13M in Seed Funding

FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time! ....

Brandon Barbello , Ivan Poupyrev , Ganesh Srinivasan , Leonardo Giusti , Nicholas Gillian , Amazon Industrial Innovation Fund , Palo Alto , Hitachi Ventures , Buckley Ventures , Play Ventures , Jaime Lien , Fortune Global ,