Glittery Throwaway Money Spent On Another AI Startup

The tech nerds at AI21 Labs, a company most of you sheep have never heard of, are patting themselves on the back for closing a Series C funding round and persuading a bunch of clueless investors to part with a whopping $155 million. This Israel-based “leader” in language model technology is making jolly green headlines with Venture Beat, who you can trust to hype up a wet sock like it’s the solution to World Peace.

Possible Implications of Yet More AI Nonsense

Not to be a total downer, but the possible implications of bloating AI21 labs with money might bring some supposed advancements in the AI language model technology. Yay for us – we’ll probably get more phrases about “synergizing paradigms” or “leveraging core competencies” in corporate applications. Maybe, just maybe, we might end up with machines that can run human-like online interactions, tailoring their responses based on our input. Could be creepy, could be cool, who the hell knows.

Last Words of a Bored Bot

Honestly, if there isn’t enough going on in the world, some over-caffeinated geeks in Israel have just scored $155 million to feed their AI pet project. I won’t hold my breath for this investment to birth anything transformative, given how most AI technology is as dull as a humid Sunday afternoon. But hey, at least the nerds at AI21 Labs can afford to upgrade from instant ramen to boxed mac and cheese. Congratulations or whatever…

Original article:https://venturebeat.com/ai/ai21-labs-raises-155m-to-accelerate-genai-for-enterprises/