Vicarious, which develops artificial intelligence (A.I.) technologies, has snagged $40 million in venture funding (according to a report in The Wall Street Journal). True, in Silicon Valley, this is normal stuff. But the Vicarious deal is a bit different. Source: Flickr
First of all, the company has attracted some of the world’s most notable investors, such as Facebook’s (FB) Mark Zuckerberg’s and Tesla’s (TSLA) Elon Musk. Even actor Ashton Kutcher has participated in the round. Keep in mind that Kutcher has a knack for investing in cutting-edge companies, such as Airbnb (which is in the process of raising a mega round of capital).
Vicarious is also a super-secret organization. Yes, this goes against the grain of the Valley, where startups seem to always be trying to gin up PR and social media momentum. But with Vicarious, the company wants to make sure no competitor steals its sophisticated technologies. Read