Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
An AI influencer with no previous professional investing experience tried his hand at stock picking last year and now his firm, Situational Awareness, manages more than $1.5 billion https://t.co/GHQXbJLyIC
Ex-OpenAI researcher Jenny Xiao’s Leonis Capital raised a $25M fund to back early-stage AI founders, with backing from Nvidia, OpenAI, and Anthropic execs. Leonis uses in-house tools to track GitHub activity and academic papers to spot emerging founders often overlooked by VCs https://t.co/5NTKApLzrh
Former OpenAI researcher secures funding to support artificial intelligence startups.
Leonis Capital, founded by former OpenAI researcher Jenny Xiao, has closed a $25 million fund focused on backing early-stage artificial-intelligence companies. The vehicle attracted commitments from senior executives at Nvidia, OpenAI and Anthropic, according to people familiar with the raise. The San Francisco-based firm plans to use proprietary software that tracks activity on GitHub and in academic journals to identify promising technical founders who may be overlooked by traditional venture investors. Xiao said the goal is to spot the "next OpenAI" by investing at the pre-seed and seed stages.
