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Ex-Googlers Discover That Startups Are Hard
Dozens of former AI researchers from Google who struck out on their own are learning that startups are tricky. The Information: The latest example is French AI agent developer H, which lost three of its five cofounders (four of whom are ex-Googlers) just months after announcing they had raised $220 ...
The Information: The latest example is French AI agent developer H, which lost three of its five cofounders (four of whom are ex-Googlers) just months after announcing they had raised $220 million from investors in a "seed" round, as our colleagues reported Friday. AI image developer Ideogram, also cofounded by four ex-Googlers, has spoken with at least one later-stage tech startup about potential sale opportunities, though the talks didn't seem to go anywhere, according to someone involved in the discussions. Cohere, whose CEO co-authored a seminal Google research paper about transformers with Noam Shazeer, the ex-CEO of Character, has also faced growing questions about its relatively meager revenue compared to its rivals.
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