{"id":22306,"date":"2024-04-09T15:37:09","date_gmt":"2024-04-09T15:37:09","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/09\/ai-startup-symbolica-raises-31-million-to-develop-ai-systems-to-compete-with-openai\/"},"modified":"2024-04-09T15:37:09","modified_gmt":"2024-04-09T15:37:09","slug":"ai-startup-symbolica-raises-31-million-to-develop-ai-systems-to-compete-with-openai","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/04\/09\/ai-startup-symbolica-raises-31-million-to-develop-ai-systems-to-compete-with-openai\/","title":{"rendered":"AI startup Symbolica raises $31 million to develop AI systems to compete with OpenAI"},"content":{"rendered":"
\"AI<\/div>


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Artificial intelligence startup Symbolica<\/a>, which develops foundation models to compete with ChatGPT creator OpenAI<\/a>, announced a $31 million series A funding round led by Khosla Ventures<\/a> on Tuesday.<\/p>\n

General Catalyst, Abstract Ventures and Buckley Ventures<\/a> also participated in the round, the company said.<\/p>\n

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Symbolica has created a framework that will enable it to develop alternatives to the “transformer” deep learning architecture, said Symbolica CEO George Morgan, who formerly worked at Tesla on its self-driving system, referencing a paper the company co-wrote with Google’s AI subsidiary DeepMind<\/a>. Transformers are the basis for viral chatbot ChatGPT and the current generative AI race.<\/p>\n

“The transformer is not the end-all-be-all of AI,” said Morgan. “What’s happening in the industry now is hacks on hacks on hacks.”<\/p>\n

Whether or not AI can continue its rapid ascent in performance through pumping in more compute power and training data is hotly debated. Some companies, like Microsoft-backed OpenAI, are all-in on finding more compute. Others, like Symbolica, think different architectures of foundation models will be able to generate better results than scaling transformers.<\/p>\n

“The industry broadly is contending with the limitations of transformers, whether it’s the costs required to scale them or their reliability,” General Catalyst partner Christopher Kauffman told Reuters.<\/p>\n

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Symbolica’s first product will be a coding assistant, although it will not launch until early 2025, Morgan said, as the company needs to hire and train its model, Morgan said.<\/div>\n


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Artificial intelligence startup Symbolica, which develops foundation models to compete with ChatGPT creator OpenAI, announced a $31 million series A funding round led by Khosla Ventures on Tuesday. General Catalyst, Abstract Ventures and Buckley Ventures also participated in the round, the company said. Elevate Your Tech Prowess with High-Value Skill Courses Offering College Course Website […]<\/p>\n","protected":false},"author":2,"featured_media":22307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/img.etimg.com\/photo\/88591548.cms","fifu_image_alt":"","footnotes":""},"categories":[607],"tags":[27806,27807,7598,3839,27805,17498,1099,2458,1101,506,2293,27804,3591],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/22306"}],"collection":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/comments?post=22306"}],"version-history":[{"count":1,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/22306\/revisions"}],"predecessor-version":[{"id":22308,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/posts\/22306\/revisions\/22308"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media\/22307"}],"wp:attachment":[{"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/media?parent=22306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/categories?post=22306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.talkwithrattan.com\/index.php\/wp-json\/wp\/v2\/tags?post=22306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}