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Jaeden Shafer

๐Ÿ‘ค Speaker
405 total appearances

Appearances Over Time

Podcast Appearances

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

Now, another interesting thing about this is Vercept is a company, it came out of AI2, which is Seattle's kind of AI-focused incubator.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

It came out of the Allen Institute.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

But anyways, their co-founders have a bunch of ties to the Institute specifically.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

They worked with a lot of researchers, one of them, Matt Detick,

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

He was kind of in the news last year because he negotiated a $250 million compensation package to join Meta's superintelligence lab.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

And so recently, they had also raised, like, Vercept had raised $50 million in total funding.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

And according to their CEO, Kiana Essani, who basically kind of posted about this acquisition on LinkedIn recently,

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

um seth bannon who's from 50 years led the investment and was serving on the board of the startup and they previously had about a 16 million dollar seed round last january so they had a bunch of awesome you know angels angel investors including eric schmidt jeff dean kyle vogue

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

and Arash Ferdowsi.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

So I think they have a really solid team, but Anthropic now has acquired them.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

So he said that the whole team is going to be joining the company as part of the transition.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

I think not everyone from the company is moving over.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

Oren Etzani, who's the founding CEO of the Allen Institute for AI,

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

and kind of previously described as both a co-founder and an investor in Versept.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

He's not going to be joining Anthropic.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

And beyond not joining, there's actually a ton of drama because he went over on LinkedIn and he was posting about this because, you know, Versept, they'd raised $50 million.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

So it seems like they have a lot of momentum.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

And over on LinkedIn, he said that Vercept was, quote, throwing in the towel.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

And he was basically complaining that just after a year of running and, you know, they've been able to raise $50 million.

AI in Business
Anthropic Acquires Vercept Amidst Pentagon Standoff

It feels like they have this momentum.