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Yann LeCun confirms his new ‘world model’ startup, reportedly seeks $5B+ valuation

bakrmohamed097@gmail.com4 weeks ago04 mins mins

Renowned AI scientist Yann LeCun confirmed on Thursday that he had launched a new startup — the worst-kept secret in the tech world — though he said he will not be running the new company as its CEO. His startup is called Advanced Machine Intelligence (AMI) and has hired Alex LeBrun, co-founder and CEO of…

Redwood Materials reportedly cuts 5% of staff after $350M raise

bakrmohamed097@gmail.com2 months ago01 mins mins

Fresh off a $350 million raise, battery recycler and cathode-maker Redwood Materials is reportedly cutting around 5% of its workforce, according to Bloomberg News. Nevada-based Redwood employees around 1,200 employees, so the cuts affect a few dozen workers. The company, founded in 2017 by former Tesla CTO JB Straubel, initially focused on recycling scrap from…

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Yann LeCun confirms his new ‘world model’ startup, reportedly seeks $5B+ valuation

Redwood Materials reportedly cuts 5% of staff after $350M raise