"Thomas Reardon, who created Internet Explorer and sold CTRL-labs to Meta for up to $1 billion, is raising approximately $500 million for Flourish at a $2.5 billion valuation."
"Flourish aims to make artificial intelligence radically less power-hungry by borrowing design principles from the one system that already runs intelligence efficiently: the human brain."
"The AI industry's power consumption is approaching the scale of a national economy, with data centers and AI workloads consuming approximately 460 terawatt-hours of electricity globally in 2022."
Thomas Reardon is raising approximately $500 million for his startup Flourish, which is valued at $2.5 billion. Flourish aims to design AI architectures that are significantly more energy-efficient by utilizing principles from connectomics and neuroscience. This approach targets the architectural layer above silicon rather than developing new chips. The AI industry currently faces a significant power consumption issue, with data centers and AI workloads consuming around 460 terawatt-hours of electricity globally in 2022. Lux Capital and GV are expected to lead the funding round.
Read at TNW | Artificial-Intelligence
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