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Sequoia Capital invests in Reflection AI at a valuation of $100 million
Recently, Sequoia Capital, a well-known venture capital firm, announced that it has invested in a startup called Reflection AI. The company was founded by Misha Laskin and Ioannis Antonoglou, former researchers at Google DeepMind. Their background in artificial intelligence has attracted widespread attention in the industry. Source: Image generated by AI, image licensing service provider Midjourney Reflection AI focuses on the research and development of artificial intelligence technology, with the goal of bringing the potential of AI to...- 2.9k
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Investment giant Goldman Sachs questions AI investment returns: Can huge investments lead to a bright future?
Goldman Sachs, a world-renowned investment bank, recently questioned the return on investment in artificial intelligence (AI). Although major companies and investors are spending billions of dollars on AI research and development, Goldman Sachs is concerned about whether such a huge investment can really bring rich returns. Image source Pexels Currently, the training cost of the LLM large language model we use (such as GPT-4o) is as high as hundreds of millions of dollars, and the training cost of the next generation of models is expected to soar to $1 billion. Venture capital giant Sequoia Capital (Sequoia Cap…- 1.6k
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AI bubble intensifies, Sequoia Capital: Annual output value of $600 billion is enough to cover hardware expenses
David Cahn, an analyst at Sequoia Capital, published a report that the AI industry bubble is intensifying, and the annual output value must exceed $600 billion to pay for AI infrastructure such as data centers and accelerated GPU cards. Nvidia's data center hardware revenue in 2023 will reach $47.5 billion (most of which is computing GPUs for AI and HPC applications). In addition, AWS, Google, Meta, Microsoft and other companies will also invest in AI in 2023...- 4.5k
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Sequoia Capital leads investment in French artificial intelligence startup Dust, whose founder is a former OpenAI scientist
According to Bloomberg, French startup Dust recently announced the completion of a $16 million financing led by Sequoia Capital, a well-known venture capital firm. Dust focuses on customizing artificial intelligence robots for enterprises and is one of the emerging companies that helps enterprises use large language models more conveniently. It is reported that Dust's main business is to develop software to connect artificial intelligence models from companies such as OpenAI's GPT, Google's Gemini, Anthropic and Mistral AI with applications such as Slack. This makes it easier for corporate customers to use advanced AI technology...
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