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Section 32 closes on $525M fund, says there is 'a zone of commoditization that you have to avoid while investing in AI'

Section 32, a venture firm founded by ex-Google Ventures CEO Bill Maris, has closed on $525 million in capital commitments across its fifth fund, TechCrunch is first to report. A portion of the capital will go toward early-stage investments, while the remaining will be reserved for follow-on opportunities. The Palo Alto, California, firm, which now has $2.3 billion in assets under management, has seen a number of notable exits over its six-year history.

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Hyperfine, Inc. Announces Promotion of Tom Teisseyre, Ph.D. to Chief Operating Officer

GUILFORD, Conn.--(BUSINESS WIRE)--Hyperfine, Inc. (Nasdaq: HYPR), the groundbreaking medical device company that created the Swoop® system, the world’s first FDA-cleared portable magnetic resonance brain imaging system, today announced the promotion of Tom Teisseyre, Ph.D. to chief operating officer. Dr. Teisseyre w...

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Hyperfine, Inc. Announces Promotion of Tom Teisseyre, Ph.D. to Chief Operating Officer

Hyperfine, Inc. , the groundbreaking medical device company that created the Swoop® system, the world’s first FDA-cleared portable magnetic resonance brain imaging system, today announced the...

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Steven Bartlett's Flight Story appoints 'industry first' AI chief Prolific North

Former Google X lead Mo Gawdat: "I am not in a position to change the course of AI, but with the resources and reach I have been given, I can influence the way people perceive it."

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Alphabet's Healthcare Unit Verily is Laying Off More Than 200 Employees

Verily, the healthcare unit of Alphabet, is laying off 15 percent of its workforce. Following a restructuring move, Verily, the healthcare unit of Alphabet, is laying off 15 percent of its workforce.

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Jim Tananbaum, Founder and CEO of Foresite Capital, Announces $173 Million in Funds Raised for Foresite Labs Incubated Companies

Jim Tananbaum, Founder and CEO of Foresite Capital, Announces $173 Million in Funds Raised for Foresite Labs Incubated Companies
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Positive Technology And The Cosmic Mission: How AI Is Helping Humans Achieve States Of High Energy And Success

Positive Technology And The Cosmic Mission: How AI Is Helping Humans Achieve States Of High Energy And Success
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Silicon Valley and WEF-Backed Foundation Announce Global Initiative for COVID-19 Vaccine Records

Silicon Valley and WEF-Backed Foundation Announce Global Initiative for COVID-19 Vaccine Records
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Proximie Announces Senior Executive Appointments As Global Demand For Its AR Health Tech Platform Accelerates

Proximie Announces Senior Executive Appointments As Global Demand For Its AR Health Tech Platform Accelerates
homenewshere.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from homenewshere.com Daily Mail and Mail on Sunday newspapers.

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