Eric Schmidt’s SandboxAQ aims for $5B valuation for its AI/quantum Google moonshot | TechCrunch

Eric Schmidt’s SandboxAQ aims for B valuation for its AI/quantum Google moonshot | TechCrunch

VCs are spending gobs of money on AI startups — especially those run by big names in tech — so SandboxAQ is putting its hand out again, even though it raised a whopping $500 million in early 2023. The spinout from Google parent company… Article Source https://techcrunch.com/2024/10/18/eric-schmidts-sandboxaq-aims-for-5b-valuation-for-its-ai-quantum-google-moonshot/

Google Refocuses on Core Products, Abandoning Moonshot Projects

Google Refocuses on Core Products, Abandoning Moonshot Projects

Google is reportedly shifting its focus from “progressive” projects to core products such as search engine and artificial intelligence (AI) businesses. This change has come amidst shrinking budgets and increasing rumors about AI, according to a report by Bloomberg. Google’s special projects lab, called Waymo, has seen its budget reduced in recent years, with more … Read more