San Francisco-based AI Foundation, founded in 2017 by Rob Meadows and Lars Buttler, just closed a series B round for $17 million together with Mousse Partners, You & Mr. Jones, Founders Fund, Alpha Edison and Stone. The foundation previously closed a series A funding of $10.5 million in September 2018. The AI Foundation is both a commercial artificial intelligence company and nonprofit enterprise with the mission of bringing “the power and protection of AI to everyone in the world so they can participate fully in the future.” Continue reading AI Foundation Plans to Scale Platform with Series B Funding

The World Economic Forum’s Centre for the Fourth Industrial Revolution this week announced the creation of six new councils to address policy guidance in areas including artificial intelligence, autonomous vehicles, blockchain, IoT and precision medicine. Already a source of friction between the U.S. and China, AI is one emerging technology seen by many nations as crucial to future development and competition. As Stanford Institute for Human-Centered AI deputy director Michael Sellitto puts it, “many see AI through the lens of economic and geopolitical competition … [creating] barriers that preserve their perceived strategic advantages, in access to data or research.” Continue reading World Economic Forum Launches Councils on AI, IoT, More