
Odyssey, a Menlo Park-based AI startup, has raised $310 million in a Series B funding round, bringing its valuation to $1.45 billion. The round was led by Natural Capital and included investors such as Amazon and Google Ventures. Odyssey specializes in developing AI world models that simulate real-world environments, a technology with broad applications. This funding underscores the increasing investment in AI infrastructure and its potential to transform industries.
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© TechCrunch AIThe U.S. government has imposed export controls on Anthropic's AI models, Fable and Mythos, citing national security concerns. This move marks a significant test of whether such controls can effectively contain advanced AI technologies, reminiscent of past efforts with encryption and spyware. Anthropic's models were initially restricted to a select group of vetted users, but recent events involving a South Korean telecom and Amazon's security concerns prompted the ban. The outcome of this situation could influence future regulations for AI labs and their access to international markets.
© Lev SelectorAmazon will begin selling its Trainium chips to third-party companies, expanding its hardware offerings.
© Lev SelectorSpaceX has acquired Cursor for $60 billion, expanding its technological capabilities.