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AI Valuations Soar: Startups Together AI and Mercor Hit Billion-Dollar Milestones
Startup Together AI Valued at $3.3 Billion as AI Demand Grows
Image Source: Bloomberg
• Startup Together AI raised $305 million from investors, led by General Catalyst, bringing the company's valuation to $3.3 billion.
• The investment and valuation signal strong corporate demand for AI technologies as Together AI provides users access to artificial intelligence computing.
AI Startup Led by 21-Year-Old Thiel Fellow Lands $2 Billion Valuation
Image Source: Bloomberg
• Mercor, an AI-powered hiring startup led by a 21-year-old Thiel Fellow, has achieved a valuation of $2 billion in a recent funding round.
• This valuation marks a significant milestone for the small San Francisco-based team and reflects the ongoing enthusiasm and investment in AI technology.
OpenAI's GPT-4.5 May Arrive Next Week, but GPT-5 Is Just Around the Corner
Image Source: Gizmodo
• OpenAI is on the verge of releasing GPT-4.5, with the potential of GPT-5 in the near future.
• The article clarifies that despite advancements, the upcoming versions of OpenAI's ChatGPT do not signify progress towards achieving Artificial General Intelligence (AGI).
Leveraging Artificial Intelligence For Advancing Sustainability: Opportunities And Challenges
Image Source: Forbes
• AI is increasingly being used by companies to advance sustainability efforts.
• The utilization of AI for sustainability presents both opportunities and challenges for businesses.
DeepSeek Promises to Share Even More AI Code in a Rare Step
Image Source: Bloomberg
• DeepSeek, a Chinese AI company, is planning to release key codes and data to the public, surpassing the level of technology sharing done by rivals like OpenAI.
• This move by DeepSeek to share more of its core technology publicly is considered a rare step in the AI industry.