There are some heavy hitters(Bill Gates) getting involved in the AI space. Another start up called Luminous just raised 105 million. A lot of talk about POET’s valuation. They have their hands in quite a few verticals now. I’m looking forward to analysts giving a valuation on each one of those verticals.
In terms of Institutional Investors I will be keeping my eye on the ARK Innovation ETF. That fund has hit some hard times over the last year and one would think it would be looking for companies that have the potential for explosive returns.
AIMHO
https://venturebeat.com/2022/03/03/luminous-computing-which-is-developing-a-light-based-ai-accelerator-chip-raises-105m/amp/
Lightmatter, LightOn, Celestial AI, Intel, and Japan-based NTT are among the companies developing photonics technologies. So is Luminous Computing, which today announced that it raised $105 million in a series A round with participation from investors including Microsoft cofounder Bill Gates, Gigafund, 8090 Partners, Neo, Third Kind Venture Capital, Alumni Ventures Group, Strawberry Creek Ventures, Horsley Bridge, and Modern Venture Partners, among others.
