Founders Fund has raised around $3 billion split between a $1.2 billion fund for its seventh venture fund, and $1.5 billion for its debut growth fund, Axios reports. The firm joins the ranks of other venture capital firms like Andreessen Horowitz that have recently raised funds dedicated to exclusively backing bigger, late-stage investments in mature companies. The firm hopes to triple the...
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What Google’s AI Catch-Up Reveals
Google is finally waking up. After weeks of excitement coursing through tech about OpenAI’s ChatGPT chatbot, paired with news coverage of how Microsoft plans to incorporate it into products like Bing and Word, Google has made a move. The tech company once seen as a leader in artificial intelligence on Monday unveiled its version of a conversational AI service, which it calls Bard. Google said...
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