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#156 - OpenAI's Sora, Gemini 1.5, BioMistral, V-JEPA, AI Task Force, Fun!
Last Week in AI
Unconventional Billion-Dollar Startup Funding
Moonshot AI, a Chinese startup founded in April 2023, recently raised a staggering one billion US dollars in funding led by Alibaba and VC Hong Chan. The company introduced a smart chat bot and a self-developed moonshot LLM language model capable of processing 200,000 Chinese characters. This unique funding round is surprising due to its size and the significant ownership stake given away, typically not seen until a company goes public. The rapid growth and unconventional nature of the funding raise have sparked interest and discussion within the Chinese startup ecosystem.
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