Each week we will share the latest artificial intelligence news and insights, curated for professionals, board members, and entrepreneurs, as we learn to navigate together the opportunities and threats arising from the evolution of AI and technology.
This week in AI
In AI news this week, we announce the launch of our first token gated community and cover several landmark AI funding deals along with other news as the AI funding market remains liquid despite the poor macro backdrop.
Launch of AI Forum’s First Token Gated Community
AI Forum is excited to announce the launch of our first token gated community, using NFTs minted on the Polygon network. Ian Gilmour, Chair of the AI Forum Advisory Board, said “Working with the Advisory Board has helped educate everyone about the possibilities ahead. We spoke a lot about the value proposition of NFTs and token gating and education is a priority going forwards. Reaching this milestone means we are one of the first AI communities in the world leveraging this technology. Thanks go to all the Advisory Board and Silver Tier NFT buyers, as we launch a new era in web 3.0 AI community building.”
AI Funding News
In a huge Series B round of five hundred and eighty million dollars, Anthropic attracted several major names including crypto wunderkind Sam Bankman-Fried, founder of FTX and Jaan Tallinn a serial investor and co-founder of Skype. The scale and importance of Anthropic’s research is in a league of its own. However, the fact that a not-for-profit attracted such significant funding (one year after being founded) marks this as one of the most significant deals in 2022.
The popular Machine Learning platform Hugging Face based in New York City, reached a significant milestone with a one hundred million US dollar Series C finance round, led by Sequoia Capital and Coatue a New York based technology Hedge fund. Hugging face has long championed open source Learning Data for Machine Learning and claims to have five thousand organisations using the service. Forbes Magazine has published an excellent article on the firm which can be found via this link.
Pachama raised fifty five million US dollars in Series B finance. Based in San Francisco, the firm uses data, artificial intelligence and automation to help “protect ecosystems, restore forests, and improve carbon markets”. said Carmichael Roberts, from Breakthrough Energy Ventures said: “It’s not a secret that forests are essential to removing carbon from the atmosphere, and yet the current afforestation market is fragmented and expensive”.
Slamcore are a UK based company specialising in “localization, mapping and perception software for robots and consumer products, turning sensor data into real-time spatial understanding”. The firm raised sixteen million US dollars in Series A finance led by Robo Global and Presidio Ventures. In their press release, SLAMcore claim that, “the market for autonomous and spatially aware machines is predicted to be in excess of $100bn or £799m by 2030”
Thanks for watching
That’s all for this week. We hope it was insightful. Please let us know what topics you want us to cover by leaving a comment on YouTube.
Don’t forget to subscribe to our YouTube channel
