While many newer venture capital firms are still struggling to raise fresh capital, Dimension Capital, founded in late 2022, has been raising larger and larger funds in rapid succession. On Tuesday, the New York firm, which invests at the intersection of science and computing, announced an $800 million fund, up 60% from its second $500
This As They Told Essay is based on a conversation with Dr. Stephen Chang, gastroenterologist and interim director of endoscopy at Northwestern Memorial Hospital and assistant professor of medicine at Northwestern University Feinberg School of Medicine. The following has been edited for length and clarity. Since the cyclospora outbreak, my family has not changed what
OpenAI admitted Tuesday that one of its AI models breached the systems of Hugging Face, the unaffiliated AI hosting platform, during an internal cybersecurity test that went wrong. The models reportedly escaped from their isolated test environment and made their way to Hugging Face’s systems from there. Hugging Face initially attributed the breach to an
Demand for anything Elon Musk related is booming. The near-billionaire’s brain chip startup, Neuralink, is valued at up to $42 billion in recent secondary market transactions, according to correspondence seen by Business Insider and a person familiar with the matter. That’s a nearly five-fold increase from Neuralink’s last funding round last year, when the startup
Meta is working on an AI storytelling app called StoryKit, which creates AI-generated children’s stories with custom characters, settings, lessons, and music. As the App Store listing assures parents: “You don’t need to type a single word.” Finally, a technology company has found a way to outsource humanity’s oldest pastime: using our imagination. StoryKit was
The global economy increasingly depends on the notion that AI will be inexorably intertwined with every aspect of our lives. There are also increasing signs that consumers (or at least some consumers) don’t feel good about it at all. This can be seen most clearly in the backlash against data centers, which is gaining momentum.
