Applied AI research company Fundamental Research Labs (formerly known as Altera) announced today that it has raised $33 million in Series A funding led by Prosus with participation from Stripe co-founder and CEO Patrick Collison. The company has a curious structure, as it is working on multiple AI applications in different fields. When it raised…
Even though India isn’t at the forefront of the global AI innovation battle, demand for AI in the country is growing as businesses seek efficiencies and tech companies promote AI developments as a cure-all. The South Asian nation is projected to have an AI market touching $17 billion by 2027, according to a joint report…
The modern method of coming up with new materials is to make something and then use a computer to work out whether the material came out correctly. But what if you flipped that around, using generative-AI-driven software to design the material in the first place? That’s the premise behind Cambridge, U.K.-based CuspAI, which has now…