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Section 32 closes on $525M fund, says there is 'a zone of commoditization that you have to avoid while investing in AI'

Section 32, a venture firm founded by ex-Google Ventures CEO Bill Maris, has closed on $525 million in capital commitments across its fifth fund, TechCrunch is first to report. A portion of the capital will go toward early-stage investments, while the remaining will be reserved for follow-on opportunities. The Palo Alto, California, firm, which now has $2.3 billion in assets under management, has seen a number of notable exits over its six-year history. ....

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Hyperfine, Inc. Announces Promotion of Tom Teisseyre, Ph.D. to Chief Operating Officer

GUILFORD, Conn. (BUSINESS WIRE) Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that created the Swoop® system, the world’s first FDA-cleared portable magnetic resonance brain imaging system, today announced the promotion of Tom Teisseyre, Ph.D. to chief operating officer. Dr. Teisseyre w. ....

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Steven Bartlett's Flight Story appoints 'industry first' AI chief Prolific North

Former Google X lead Mo Gawdat: "I am not in a position to change the course of AI, but with the resources and reach I have been given, I can influence the way people perceive it." ....

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