Foundation Models AI News & Updates

DeepMind Alumnus Launches Latent Labs with $50M to Revolutionize Computational Biology

February 13, 2025 00:00

Latent Labs, founded by former Google DeepMind scientist Simon Kohl, has emerged from stealth with $50 million in funding to build AI foundation models for computational biology. The startup aims to make biology programm...

AI Investment Soars 62% to $110B in 2024 While Overall Tech Funding Declines

February 11, 2025 10:04

Venture capital funding for AI startups surged to $110 billion in 2024, representing a 62% increase compared to the previous year, even as overall technology funding declined by 12%. The US dominated AI investment with 4...

SoftBank Negotiating $500M Investment in Robotics Foundation Model Developer Skild AI

January 29, 2025 02:10

SoftBank is reportedly negotiating a $500 million investment in Skild AI, a robotics software company building a foundational model for various types of robots, at a $4 billion valuation. The two-year-old company previou...