Nvidia competitor Etched hits $5B valuation, $1B in sales for AI chip; plus, Indian tech tycoon bets $30M of his own money to build AI alternative to Microsoft Office

Nvidia competitor Etched hits $5B valuation, ...

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Station F ramps up as a launchpad for Europe’s hottest AI startups; plus, Smart glasses maker Even Realities hits $1B valuation

Station F, the Paris-based startup hub founded by French billionaire Xavier Niel in 2017, is gearing up for a new edition of its selective acceleration F/ai program that will cement its role as a stepping stone for AI startups. Also, Even Realities, an ex-Apple team building came ...  Show more

Midjourney wants Hollywood studios to reveal the details of their AI usage; plus, Thiel Capital’s Jack Selby nabs stakes in hot startups

As part of an ongoing legal dispute with three Hollywood studios, Midjourney is seeking to compel those studios to reveal how they use AI themselves. Also, Selby's VC firm Copper Sky Capital is currently raising a $300 million second fund, according to a regulatory filing. Learn ...  Show more

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Daily Crunch 5/9/23
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