Despite the public debate between Elon Musk and Mark Zuckerberg on whether or not artificial intelligence (AI) is good for Sydney humanity and on the heels of Facebook's news it had shut down its AI engine because chatbots had started talking to one another in their own language, AI is still in high-growth mode. Analyst firm Research and escorts Markets predicts the global AI market to grow to $23.4 billion by 2025.In July 2017, UK startup, Graphcore, closed a $30 M investment round for Niklas Zennstrom's venture capital firm, Atomico. Zennstrom was one of the co-founders of Skype. Graphcore makes chips specifically for AI applications.
Other investors in this funding round Sydney escorts include Draper Esprit, Robert Bosch Venture Capital, Amadeus Capital, C4 Ventures, Foundation Capital, Pitango and corporate investors Dell Technologies Capital and Samsung Catalyst Fund. Individual investors info include Demis Hassabis, the CEO of DeepMind. The total investment for the company is $62 M. Graphcore's investment comes on the heels two recent global AI milestones. The first is China's recent announcement of their plans to be the world's AI leader by 2030 and a New York Times (paywall) story that China's top ranked games player, had been click here beaten in the strategy game of Go by AlphaGo, a board game program from Alphabet's DeepMind. DeepMind focuses on AI research and applications for a positive impact in multiple market sectors.
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