Like many AI companies automating work that humans currently do, Basata will eventually face a harder question about where the line is between augmenting workers and displacing them. For now, the founders say the administrative staff they work with aren’t worried about that; they’re more worried about drowning.
AI labs just can’t get their employees to stay put. Yesterday’s big AI news was the abrupt and seemingly acrimonious departure of three top executives at Mira Murati’s Thinking Machines lab.
Higgsfield says its on a $200 million annual revenue run rate. So it opened its previous Series A round back up and sold another $80 million in shares.