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Insider: Former OpenAI Chief Research Officer is raising $70 million for an AI startup
Odaily Planet Daily reports that an informed source disclosed former OpenAI Chief Research Officer Bob McGrew is raising $70 million for an AI startup called Arda. Founders Fund and Accel are leading this round of funding, with Khosla Ventures and XYZ Venture Capital participating. The funding round is not yet complete, and the terms of the deal may still change. The startup is developing software to help factories operate autonomously. (WSJ)