Startup from ex-Apple staff raises $100 million, works with OpenAI

Startup from ex-Apple team raises $100 million, works with OpenAI

SBICAPS at present has its company workplace in Mumbai with regional places of work in New Delhi, Kolkata, Chennai, Hyderabad and Ahmedabad.

Humane Inc, a startup based by former Apple Inc workers, stated on Wednesday it has raised $100 million and can launch its first merchandise this spring.

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

A video posted by the corporate and patent filings counsel {that a} wearable system will challenge info onto the actual world and permit customers to control that info with their fingers.

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

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

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

Humane stated it’ll associate with Microsoft’s cloud to deliver Humane’s software program companies platform to market.

“Our merchandise are constructed on an built-in system and cloud platform that can enable 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, stated in a press release.

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

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