Paris startup adds 'universal compute' weapon to France's growing AI arsenal
by The Next Web
The Next Web— A startup promising “universal AI compute” has joined France’s thriving artificial intelligence sector. Paris-based FlexAI emerged from stealth today with a €28.5mn war chest and an ambitious plan to "unlock the future of machine intelligence." To pick that lock, FlexAI is rearchitecting compute infrastructure. The startup's centrepiece is an on-demand cloud service. Set to launch later this year, the product will enable developers to build and train AI applications with heterogeneous...
MIT Technology Review—An AI startup made a hyperrealistic deepfake of me that’s so good it’s scary. I’m stressed and running late, because what do you wear for the rest of eternity? This makes it sound like I’m dying, but it’s the opposite. I am, in a way, about to live forever, thanks to the AI video startup Synthesia. For the past several years, the company has produced AI-generated avatars, but today…
Fortune—Grab’s COO thinks there’s ‘tremendous upside’ in fast-growing Southeast Asia after the startup recently reported its first-ever profitable quarter. Alex Hungate wants people to think of the Southeast Asian startup as a data science company, not a ride-hailing and food delivery firm.
ETtech.com—AI startups: Good Capital plans to invest $25 million in Indian AI startups this fiscal. Mauritius-based venture capital firm Good Capital on Friday said it plans to invest USD 25 million, about Rs 200 crore, in Indian AI startups this fiscal. The investment will be made from the corpus of USD 50 million Good Capital Fund II, which is expected to be used by 2027. "The total fund is USD 50 million which is planned to be used by 2027. Out of which Good Capital is deploying USD 25 million in AI startups empowering intermediaries and plans to deploy this by 2025," Arjun Malhotra,...