A.I. Funding Frenzy Escalates

When four leading artificial intelligence researchers left Google this year to create a start-up called Mobius AI, they weren’t sure what their product might be — just that it would involve A.I. technology that could generate its own photos and videos.

Within about a week, two of Silicon Valley’s top venture capital firms, Andreessen Horowitz and Index Ventures, had swooped in with a funding offer, three people with knowledge of the matter said. READ MORE