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LG Electronics is significantly increasing its investment in the fields of artificial intelligence and deep technology. The company has pledged USD 10 million as a key limited partner in the newly launched USD 130 million Alpha Intelligence Fund (AIF) managed by SBVA. This move highlights LG's commitment to fostering innovation and growth in cutting-edge technologies.
The establishment of the Alpha Intelligence Fund aims to support startups that are pioneering advancements in AI and deep tech. By investing in these sectors, LG is positioning itself at the forefront of technological development, which could lead to new products and services that enhance consumer experiences. This strategic investment reflects a broader trend among major corporations to engage with startups to drive innovation.
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
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Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
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