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John Carmack's AGI startup raises $20M from Sequoia, Nat Friedman, Patrick Colli...

 2 years ago
source link: https://finance.yahoo.com/news/john-carmacks-agi-startup-raises-224032597.html
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John Carmack's AGI startup raises $20M from Sequoia, Nat Friedman, Patrick Collison and others

Manish Singh and Kyle Wiggers
Sat, August 20, 2022, 7:40 AM·3 min read
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John Carmack, the game developer who co-founded id Software and served as Oculus's CTO, is working on a new venture -- and has already attracted capital from some big names.

Carmack said Friday his new artificial general intelligence startup, called Keen Technologies, has raised $20 million in a financing round from former GitHub CEO Nat Friedman and Cue founder Daniel Gross. Stripe co-founder and CEO Patrick Collison, Shopify co-founder and CEO Tobi Lütke, and storied venture fund Sequoia are among those investing in the round, he said.

I mentioned this in the Lex interview, but it is official now:

Keen Technologies, my new AGI company, has raised a $20M round, led by @natfriedman and @danielgross, with @patrickc, @tobi, @sequoia, @CapitalFactory, and Jim Keller participating.

— John Carmack (@ID_AA_Carmack) August 19, 2022

https://platform.twitter.com/widgets.js

"This is explicitly a focusing effort for me. I could write a $20M check myself, but knowing that other people's money is on the line engenders a greater sense of discipline and determination. I had talked about that as a possibility for a while, and I am glad Nat pushed me on it," he said in a tweet.

AGI, short for "artificial general intelligence," is a category of AI systems that can theoretically perform any task that a human can. That's as opposed to AI systems today, which are designed for narrow, specific applications like generating art, driving cars, and playing video games. Some optimists believe AGI could be achieved within the next century, thanks to emerging algorithmic techniques and increasingly powerful computer hardware. Others, including the chief scientist at Carmack's current employer, Yann LeCun, have cast doubt on the notion that AGI will ever be a reality.


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