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Models & ResearchAI AgentsAI DevelopmentInfrastructure & HardwareImage, Video & AudioRobotics & Autonomous SystemsBusiness & IndustryPolicy & RegulationSafety & SecurityBenchmarks & EvaluationOpen Source & CommunityAI in Society
Robotics & Autonomous SystemsBusiness & IndustryPolicy & RegulationSafety & SecurityBenchmarks & EvaluationOpen Source & CommunityAI in Society

6 NovBusiness & Industrynews.bloomberglaw.com

AI’s Newest Billionaires Want No Part of Superintelligence Race

AIAI-generated summary The three co-founders of AI lab Cohere hold stakes worth an estimated $1 billion each after the Toronto-based company reached a $25.5 billion valuation in its latest funding round, according to the Bloomberg Billionaires Index. While Anthropic and OpenAI are said to be targeting valuations of more than $1 trillion, the co-founders are starting to question the race to build ever more powerful artificial intelligence.

Read at news.bloomberglaw.com

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