Mira Murati, former OpenAI CTO, reportedly seeking funding for new AI venture
Mira Murati, who recently stepped down as CTO of OpenAI, is reportedly in the process of securing venture capital for her own AI startup. The new venture aims to develop AI products using proprietary models and may raise over $100 million in its first funding round.
Upon leaving OpenAI, Murati expressed her excitement about exploring new opportunities, highlighting her desire to focus on independent AI research. Prior to her role at OpenAI, where she became CTO in 2022, Murati held key positions at Tesla and Leap Motion.
Her departure follows a wave of leadership changes at OpenAI, including the exit of the company's chief research officer and VP of research. Just days later, OpenAI announced a historic $6.6 billion funding round.
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New integer addition algorithm can reduce AI power consumption by 95%
The new technique uses integer addition instead of floating point multiplication.
A team of engineers at BitEnergy AI, an AI inference technology company, has reported a method to reduce the power consumption of AI-based applications by 95%. The team published a paper describing their technology on the arXiv preprint server.
As AI applications have become mainstream, their use has skyrocketed, l
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AI search engine Perplexity eyes $500M fundraising at $8B valuation
Perplexity, an AI-powered search engine, is reportedly in talks to raise $500 million, which would boost its valuation to $8 billion. This would more than double its previous $3 billion valuation after its summer funding round with SoftBank.
Perplexity currently handles around 15 million queries daily and generates approximately $50 million in annual revenue. The platform uses AI to enhance web s