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Madrona Venture Group raises $345M for 8th fund, its largest ever, and $161M for 2nd later-stage fund


Madrona Venture Group raises $345M for 8th fund, its largest ever, and $161M for 2nd later-stage fund
December 31, 2020 at 9:58 am
Madrona Venture Group managing directors from L to R: Tim Porter, Matt McIlwain, Len Jordan, Tom Alberg, S. Somasegar (Soma), Hope Cochran, Steve Singh, Scott Jacobson, and Paul Goodrich. (Madrona Photo)
Madrona Venture Group has raised more than $500 million in fresh capital that the 25-year-old Seattle venture capital firm will use to bankroll both early and later-stage startups. It marks the firm’s largest fundraising effort.
Madrona reeled in $345 million for its eighth fund money that it will use to invest in 35-to-40 Pacific Northwest tech startups over the next several years. It also raised $161 million for its second “Acceleration Fund,” designed for more mature companies located across North America. ....

New York , United States , Paul Goodrich , Tim Porter , Los Angeles , Matt Mcilwain , Steve Singh , Tom Alberg , Greg Gottesman , Scott Jacobson , Allen Institute Of Artificial Intelligence , University Of Washington , Acceleration Fund , Madrona Venture Group , Glen Jordan , Hope Cochran , Madrona Photo , Venture Group , Pacific Northwest , Lattice Data , Madrona Managing Director Matt , Allen Institute , Artificial Intelligence , Flying Fish Partners , Pioneer Square Labs , Silicon Valley ,

AI's Carbon Footprint Issue Is Too Big To Be Ignored


AI’s Carbon Footprint Issue Is Too Big To Be Ignored
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A lot has been said about the capabilities of artificial intelligence, from humanoid robots, self-driving cars to speech recognition. However, one aspect of AI that often doesn’t get spoken about is its carbon footprint. AI systems consume a lot of power, and resultant of this generate large volumes of carbon emissions that harm the environment and further accelerate climate change. 
AI Carbon Footprint
It is interesting to note the duality of AI in terms of its effect on the environment. On the one hand, it helps in devising solutions that can reduce the effects of climate and ecological change. Some of which include smart grid design, development of low-emission infrastructure, and climate change predictions. ....

New York , United States , Timnit Gebru Google , Meredith Whittaker , Roel Dobbe , Allen Institute Of Artificial Intelligence , University Of Massachusetts , Ai Now Institute , Stochastic Parrots , Can Language Models Be Too , Allen Institute , Artificial Intelligence , புதியது யார்க் , ஒன்றுபட்டது மாநிலங்களில் , மெரிடித் விட்டேக்கர் , ரோல் டொப்பே , ஆலன் நிறுவனம் ஆஃப் செயற்கை உளவுத்துறை , பல்கலைக்கழகம் ஆஃப் மாசசூசெட்ஸ் , ஐ இப்போது நிறுவனம் , முடியும் மொழி மாதிரிகள் இரு கூட , ஆலன் நிறுவனம் , செயற்கை உளவுத்துறை ,