Tim Smith

Founders are applying today's most powerful AI techniques to the world of physics to help us invent better products.

The firm says that its first fund, which it launched in 2020, has already returned its initial capital, delivering an IRR of more than 40%.

The former global head of policy at DeepMind says her worries around AI are less about the technology itself, more about humans disengaging

The Series A round was led by Atomico with participation from Citi Ventures, Dropbox Ventures and existing investors.

It was previously reported that the London-based startup had secured $80m in financing from Lightspeed and Coatue.

At the Research and Applied AI Summit (RAAIS), a major theme was how the scope of problems being solved with AI has widened dramatically.

The round was led by Dawn Capital, with participation from Founders Future and other angel investors including former Adobe exec Paul Robson.

In the UK, carried interest is taxed similarly to capital gains rather than income tax — but that could be changing.

Entrepreneur First is launching a new programme to support technologies that defend against big threats to society.

Steve Flammia decided to jump from AWS and Big Tech into the risky world of startups in order to have a bigger strategic impact.