Ex-DeepMind scientists raise $5 million for AI algorithm factory

businessinsider.com

Former DeepMind scientists have raised $5 million for their startup, Hiverge, which uses AI to optimize algorithms. Hiverge's AI technology, dubbed an "algorithm factory," automates the design of algorithms to improve code, aiming to surpass human engineering capabilities. The Cambridge-based company, founded by ex-DeepMind researchers, plans to use the funding for market expansion, product development, and research.


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