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Daily Digest: More startups, more models

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Daily Digest #305

Hello folks, the first post for Ben’s Bites Pro goes live tomorrow. I’ve written 3.5k words (so far) on the story of Mistral, the $2Bn startup that’s less than a year old, with $600M+ in funding.

Here’s what we have today;

PICKS

There’s a trend among the updates. Legends in the field are starting up new companies & raising high rounds, while The Information reported that the money flow is slowing down.

  • Jeremy Howard and Eric Ries start Answer AI, a new AI R&D lab to create practical end-user products based on foundational research breakthroughs.

  • Essential AI raises $56.5M to build enterprise brain. The founders, Ashish Vaswani and Niki Parmar were authors of the initial Transformers paper “Attention is all you need”.

  • Some AI startups find the money no longer so easy. They compare claims from the past few months and the current numbers in the market. You can dismiss it by saying “correlation is not causation” but it is a nice analysis to check out.

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NEWS

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