Saskana AI, a Japanese startup founded by former Google researchers, has raised $100 million in a series A funding round. They aim to become a world-class AI lab and are taking a unique approach by using a swarm of small AI models to generate complex results. They are also building their models on native Japanese data sets, which could provide interesting perspectives. With the funding, they plan to scale up their nature-inspired approach to AI development and build a talent-dense AI research organization. Their partnership with Nvidia will provide infrastructure support and help Japan regain a technological edge in AI.
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**AI vs Human: The Future of Translation [11:48 ]
In this podcast episode, Jaeden Schafer discusses Smart Cat, an AI-powered translation platform that recently secured $43 million in funding. He explores the advantages of AI translations over traditional methods, the company's business model, and its position in the market. The conversation also touches on the importance of human review in translation and the future prospects for Smart Cat in the growing machine translation industry.
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** The High Cost of AI Talent Acquisition [ 10:12 ]
In this episode, Jaeden Schafer discusses the recent surge in OpenAI's valuation, which is now set at $150 billion. He explores the funding strategies being employed, including a potential $6.5 billion equity financing round and a $5 billion credit line. The conversation also delves into the upcoming innovations from OpenAI, specifically the Q-Star and Strawberry models, which are expected to enhance AI capabilities. Finally, Jaeden highlights the significant costs associated with acquiring and maintaining top AI talent, emphasizing the financial implications of these developments.
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