Topic
Foundation Models
3 stories related to this topic, newest first.
TechCrunchtechnology42 days ago
Config Raises $27 Million Seed Round at Over $200 Million Valuation
The Seoul- and San Jose-based startup building the data layer for robotic foundation models closed an oversubscribed seed at a valuation exceeding $200 million. The round brings Config’s total funding to $35 million as it scales human motion data collection toward one million hou…
finance.yahoo.comai47 days ago
SAP Announces Acquisition of Prior Labs with €1 Billion Investment Plan
SAP plans to acquire German AI startup Prior Labs for an undisclosed amount and invest €1 billion over four years to build an AI lab focused on structured data. The deal, pending regulatory approval, includes an upfront cash payment exceeding half a billion dollars to the founder…
Substrate placeholder — needs reviewai75 days ago
Databricks CEO Ali Ghodsi Addresses Enterprise Applications of Foundation Models at HumanX Conference
Ali Ghodsi, CEO of Databricks, spoke at the HumanX conference on the current capabilities of foundation models and their potential for enterprise use. He emphasized adapting these models for business applications rather than pursuing artificial general intelligence (AGI). The rem…
ER