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Home » Startup Based by Ex-Apple Staff Raises $100 Million, Collaborates With OpenAI
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Startup Based by Ex-Apple Staff Raises $100 Million, Collaborates With OpenAI

Rudra SharmaBy Rudra SharmaUpdated:No Comments2 Mins Read
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Humane, a startup based by former Apple staff, mentioned on Wednesday it has raised $100 million (roughly Rs. 800 crore) and can launch its first merchandise this spring.

The corporate, based in 2018 by Imran Chaudhri and Bethany Bongiorno, has now raised $241 million (roughly Rs. 2,000 crore) however has but to reveal what it’s constructing, saying solely that it’s a “software program platform and client machine constructed from the bottom up for synthetic intelligence.”

A video posted by the corporate and patent filings recommend {that a} wearable machine will undertaking data onto the true world and permit customers to govern that data with their fingers.

Humane additionally mentioned that it’s collaborating with OpenAI, the creator of AI merchandise akin to ChatGPT that may generate human-like conversational textual content and Dall-E that may generate photos, to combine OpenAI’s expertise into Humane’s machine.

Sam Altman, OpenAI’s founder and a earlier Humane investor, participated in funding spherical on Wednesday, the corporate mentioned.

Humane additionally mentioned that Microsoft, which has constructed a large cloud computing infrastructure particularly for AI, took half within the funding spherical.

Humane mentioned it is going to accomplice with Microsoft’s cloud to deliver Humane’s software program providers platform to market.

“Our merchandise are constructed on an built-in machine and cloud platform that can permit us, and others, to create AI-driven experiences that really feel pure, enjoyable and wanted,” Patrick Gates, one other Apple veteran who’s Humane’s chief expertise officer, mentioned in a press release.

Humane additionally mentioned that it’s working with Korean electronics big LG Electronics “on potential (analysis and growth) tasks for the following section of Humane merchandise” and with Volvo Automotive’s Tech Fund on “a possible future collaboration which might be the primary instance of Humane’s providing being utilized to the automotive trade.”

© Thomson Reuters 2023
 


After going through headwinds in India final 12 months, Xiaomi is all set to tackle the competitors in 2023. What are the corporate’s plans for its large product portfolio and its Make in India dedication within the nation? We focus on this and extra on Orbital, the Devices 360 podcast. Orbital is on the market on Spotify, Gaana, JioSaavn, Google Podcasts, Apple Podcasts, Amazon Music and wherever you get your podcasts.
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Meta CEO Mark Zuckerberg talks firm’s A.I. efforts to staff

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