#davidsilver

qwant news | UK venture funding doubled to $10.5bn in the first four months of 2026, on the back of three giant rounds AI generated summary, Read the full article for complete information. In the first four months of 2026 UK‑based companies secured $10.5 billion in venture‑capital funding—about twice the amount raised in the same period a year earlier—propelling the country to the top of Europe and into the global top‑five for both deal count (≈7 % of worldwide volume) and value (≈3 % of worldwide value). Although overall deal volume fell 2 % year‑on‑year, the surge in value was driven by three massive rounds that together account for more than 40 % of total funding: AI‑infrastructure operator Nscale closed a $2 billion Series C at a $14.6 billion valuation, self‑driving firm Wayve raised $1.2 billion at $8.6 billion valuation, and seed‑stage AI start‑up Ineffable Intelligence secured $1.1 billion at a $5.1 billion valuation. Two of these billion‑dollar deals also featured direct UK state investment via the British Business Bank and the Sovereign AI Fund. Analysts note that while the rapid $10 billion milestone signals strong momentum, the concentration of capital in a few late‑stage deals raises questions about whether a broader pipeline of growth‑stage companies will emerge to sustain the pace. Read more: https://thenextweb.com/news/uk-vc-funding-10bn-january-april-2026 #Nscale #Wayve #IneffableIntelligence #Nvidia #BritishBusiness #DavidSilver #AurojyotiBose

US Top News and Analysis | Meta, Google, OpenAI among Big Tech firms seeing top staff leaving to launch AI startups AI generated summary, Read the full article for complete information. Top AI researchers are increasingly departing major tech firms such as Google, Meta, and OpenAI to launch their own startups, securing massive funding in just a few months. Recent examples include former DeepMind researcher David Silver’s Ineffable Intelligence, which closed a record $1.1 billion seed round, Tim Rocktäschel’s Recursive Superintelligence seeking up to $1 billion, and Yann LeCun’s AMI Labs raising $1 billion after he left Meta. Similar spin‑outs like Periodic Labs, Recursive Intelligence, and Humans& have each raised hundreds of millions, often recruiting talent from their founders’ former employers. Venture capitalists are betting heavily on these nimble ventures, having funneled $18.8 billion into AI startups founded since early 2025—a pace set to surpass the $27.9 billion invested in 2024. Investors cite the founders’ insider knowledge of scalable AI systems and the gaps left by large labs focusing narrowly on immediate commercial gains, opening opportunities in new model architectures, interpretability, vertical AI applications, and reinforcement‑learning approaches that larger labs are deprioritizing. Read more: https://www.cnbc.com/2026/04/28/meta-google-big-tech-staff-ai-labs-investors.html #Meta #OpenAI #DeepMind #DavidSilver #TimRocktäschel #YannLeCun #EliseStern