Jaeden Shafer
๐ค SpeakerAppearances Over Time
Podcast Appearances
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.
It came out of the Allen Institute.
But anyways, their co-founders have a bunch of ties to the Institute specifically.
They worked with a lot of researchers, one of them, Matt Detick,
He was kind of in the news last year because he negotiated a $250 million compensation package to join Meta's superintelligence lab.
And so recently, they had also raised, like, Vercept had raised $50 million in total funding.
And according to their CEO, Kiana Essani, who basically kind of posted about this acquisition on LinkedIn recently,
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
and Arash Ferdowsi.
So I think they have a really solid team, but Anthropic now has acquired them.
So he said that the whole team is going to be joining the company as part of the transition.
I think not everyone from the company is moving over.
Oren Etzani, who's the founding CEO of the Allen Institute for AI,
and kind of previously described as both a co-founder and an investor in Versept.
He's not going to be joining Anthropic.
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.
So it seems like they have a lot of momentum.
And over on LinkedIn, he said that Vercept was, quote, throwing in the towel.
And he was basically complaining that just after a year of running and, you know, they've been able to raise $50 million.
It feels like they have this momentum.