Liquid AI, a one-year-old startup spun off from MIT wants to raise $300 million at a $3.7 billion. It would be 10x cap of its seed round of $37M in January. No product yet. They introduce a new class of time-continuous recurrent neural network models. "We construct networks of linear first-order dynamical systems modulated via nonlinear interlinked gates. The resulting models represent dynamical systems with varying (i.e., liquid) time-constants coupled to their hidden state, with outputs being computed by numerical differential equation solvers." https://lnkd.in/gbqXm8cZ
Having spent years and millions on this 25 years ago my experience says for a short while interesting avenues of exploration will get lots of funding and will lose almost all of it chasing windmills in the end no value added product/service that addresses a problem no third round and instead layoffs and bankruptcy
I guess we are looking at AI winter sooner then later....
I can't tell what is parody anymore
Remind me of the dotcom days. I was just starting my journey as an investor. The amount of leverage that is happening now in PE, VC is unthinkable. Just a matter of time before these wild days end. After that funding freeze will happen for at least 10 years. 90% of AI startups will be dead by 2028. Thank you Arnab
It’s always good to remember what the two world known constants were telling each other 😁
I wonder if at least there is POC or MVP. This is definitely way too much ask for even if they exploit the MIT brand name as the unfair advantage in their pitch. I am just excited to see if it works, and hope I get the opportunity to run due diligence on it, and help another investor not burn cash if it doesn't work.
It is very much like photonic right? It also, reminded me of my NN with linear activation where you can benefit from architecture (ie time adds complexity): https://www.linkedin.com/pulse/polynomial-regression-farzad-qassemi
Sergei Burkov it’s a bit like this https://www.uobabylon.edu.iq/eprints/publication_6_22227_553.pdf you need boundry conditions. Besides most functions are non linear and need second order Lyapunov stability.
i think i was trying to make this over an extended range oculink like interface, kind of a quantum entaglement (:insertRolleyes)
Gemini pretraining co-lead, GShard MoE
6moSomeone forgot startup’s a business with a useful product, not neurips paper to demo novelty