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Windfall nabs $21M for AI that aids nonprofit fundraising

Venture Beast

Windfall, a startup developing a data science platform for nonprofits, has raised $21 million in venture capital. Read More.

Nonprofit 106
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Tech accelerator for Washington and Oregon startups encourages underserved applicants

GeekWire

(Photo courtesy of Devon Horace) RAIN Catalysts , a Pacific Northwest-based nonprofit promoting entrepreneurship for underrepresented groups, is accepting applications for its first tech accelerator. Economic Development Administration, is for tech startups located in Oregon or Washington state.

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Sam Altman’s ouster puts a new twist into OpenAI’s complicated relationship with Microsoft

GeekWire

GeekWire Photo / Todd Bishop) OpenAI CEO Sam Altman was as bullish as ever about artificial intelligence and the ChatGPT maker’s latest advances when he spoke Thursday at the Asia-Pacific Economic Cooperation (APEC) Summit in San Francisco. The developer day was an issue. ” One day later, Altman was out.

Microsoft 133
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Tech Moves: Microsoft Teams CVP joins UiPath; Sage Bionetworks names president; and more

GeekWire

— Graham Sheldon , former corporate vice president of product for Microsoft Teams, is now chief product officer of UiPath, an artificial intelligence and automation company. UiPath also recently promoted Munil Shaw from senior vice president of engineering to chief technology officer of cloud. Graham Sheldon.

Microsoft 129
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Week in Review: Most popular stories on GeekWire for the week of Sept. 26, 2021

GeekWire

Seattle-based Truveta will leverage Microsoft’s Azure cloud platform to analyze health data under a new partnership with the software giant announced Wednesday. Gates Foundation poached Washington STEM CEO, then gave nonprofit $100K to find a replacement. … Read More. … Read More. … Read More. … Read More.

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Tech Moves: AWS product head joins Faculty; Bezos Earth Fund hires BlackRock leader; and more

GeekWire

(LinkedIn Photo) — Jacob Sullivan is now chief product officer at Faculty, a London-based company that builds artificial intelligence systems. Sullivan was previously head of product for the AI DevOps group at Amazon Web Services, where he led teams helping customers build and manage cloud-based applications.

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Microsoft’s latest OpenAI investment opens way to new enterprise services

CIO Business Intelligence

OpenAI has landed billions of dollars more funding from Microsoft to continue its development of generative artificial intelligence tools such as Dall-E 2 and ChatGPT. And as an investor it can expect some return on its capital, although this will be limited by OpenAI’s status as a capped-profit company governed by a nonprofit.