FieldAI Inc., a startup that develops artificial intelligence models for robots, is reportedly seeking $700 million in funding. A source told Business Insider today that the round could value the company at $10 billion. That’s five times what FieldAI was worth last August. It’s believed the company has already signed a term sheet, a nonbinding…
A group of economists and tech industry figures has called on policymakers to more directly address the risks posed by artificial intelligence. The signatories outlined their concerns in a public letter published today. The initiative was organized by economics professors Erik Brynjolfsson, Ajay Agrawal, Anton Korinek and Tom Cunningham. More than half of the 200-plus…
Gumloop Inc., the developer of a platform that enables nontechnical workers to create artificial intelligence agents, has raised $50 million in funding. The startup announced the Series B round on Thursday. It stated that Benchmark led the deal with participation from Shopify Ventures, Y Combinator and several others. The investment brings the company’s total outside…
