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- Scientists who built ‘foundation’ for AI awarded Nobel Prize
Scientists who built ‘foundation’ for AI awarded Nobel Prize
Jacqueline Choi
October 09, 2024
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🥇 Scientists who built ‘foundation’ for AI awarded Nobel Prize
💸 The week’s 10 biggest funding rounds: OpenAI on top — by a lot
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Two scientists credited with laying the “foundation of today’s powerful machine learning,” University of Toronto professor emeritus Geoffrey Hinton and Princeton University professor John Hopfield, were awarded the Nobel Prize in physics today.
Their discoveries and inventions laid the groundwork for many of the recent breakthroughs in artificial intelligence, the Nobel committee at the Royal Swedish Academy of Sciences said. Since the 1980s, their work has enabled the creation of artificial neural networks, computer architecture loosely modeled after the structure of the brain.
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Want to keep track of the largest startup funding deals in 2024 with our curated list of $100 million-plus venture deals to U.S.-based companies? Check out The Crunchbase Megadeals Board.
This is a weekly feature that runs down the week’s top 10 announced funding rounds in the U.S. Check out last week’s biggest funding rounds here.
It is no shock to see the company that tops this list — a $6.6 billion raise makes a lot of headlines. However, it was far from the only big round this week, as seven of them topped $100 million — including $500 million for yet another AI company.
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