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Sam Altman will co-chair San Francisco mayor-elect Daniel Lurie’s transition team
Jacqueline Choi
November 20, 2024
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🌉 Sam Altman will co-chair San Francisco mayor-elect Daniel Lurie’s transition team
💲 Here’s the full list of 44 US AI startups that have raised $100M or more in 2024
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San Francisco’s mayor-elect, Daniel Lurie, has tapped OpenAI CEO Sam Altman to help run his transition team, the campaign announced on Monday, as part of the administration’s effort to embrace the tech industry. Altman, alongside nine other San Francisco leaders, will provide guidance to Lurie’s team on ways the city can innovate, and help the new mayor develop relationships with key partners.
“I’m excited to help the city I love, and where OpenAI was started, as it begins its next chapter with Mayor-elect Lurie stepping into his new role,” said Altman in a statement to TechCrunch.
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For some, AI fatigue is real — but clearly venture investors haven’t grown tired of the category. AI deals continued to dominate venture funding during the third quarter.
AI companies raised $18.9 billion in Q3, according to Crunchbase data. That figure represents 28% of all venture funding. The third quarter also saw the close of the largest venture deal of all time: OpenAI raised a behemoth $6.6 billion round. OpenAI’s deal was one of six AI funding rounds over $1 billion in 2024.
Here are the U.S.-based AI companies that raised $100 million or more so far in 2024.
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🖥️ TSMC reportedly halts advanced chip shipments to Chinese companies (link)
💸 Amazon attempts to lure AI researchers with $110M in grants and credits (link)
🤖 Robot learns how to clean a washbasin (link)
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