6 Sources
[1]
The Cofounder of Google Has a Secret New AI Startup
Though the US stock market has officially lost its post-election Trump bump, some investors and tech founders still seem hyped on AI growth -- at least in the short term -- with tech companies like Broadcom surging ahead on the trading floor. That's good news for Google's cofounder Larry Page, who's reportedly launching a new AI startup called Dynatomics, according to The Information. Details on Dynatomics are scarce, but the centibillionaire has apparently hired a handful of engineers to work on AI for "highly optimized" product manufacturing. What that means is anyone's guess. Manufacturing is already a hugely optimized industry, as evidenced by profit-motivated labor practices like outsourcing and seasonal hiring. It's unclear what adding AI would do to further optimize factory production -- beyond adding another expensive middleman to the process -- but Page is going for it anyway. And heck, the guy did start Google. As such, he joins a number of tech moguls who've splintered off from their behemoth corporations to enter the lucrative world of solutions-based AI startups, like former OpenAI CTO Mira Murati, who launched a startup meant to "encode human values" into AI systems, whatever that means. Right now, Dynatomics' website is scarce on details, teasing in a goofy art deco font that it's "working on something new." If older AI startups are any indication, we can probably take a stab at decoding the cypher: the company will revolutionize the industry by leveraging cutting edge technology to yield enhanced optimization and deliver returns to key stakeholders. Sound familiar? There's been a lot of bluster these past few years about AI's ability to revolutionize work -- most of which turned out to be marketing hype meant to sell deep-pocketed investors on nebulous tech startups. That's not to say the pitch didn't land: from April to June 2024, investors dumped $27.1 billion into American AI startups, accounting for almost half of all startup funding in the quarter. Where those companies end up is a whole different question. At the moment, any "AI model" paraded by Silicon Valley types is what's called a machine-learning algorithm -- meaning they blend all sorts of human data into something that looks human, without understanding why. The effect can be dazzling at first, but whether the tech actually counts as "intelligent" is much dicier -- and despite the sector's promises, it's unsure when that'll change, if ever. That hasn't stopped AI startups from latching onto every industry on the planet in a bid to prove their bona fides to investors. From insurance and marketing to video games and restaurants -- no sector has resisted the "AI trap," allowing AI startups to reel in a whopping 46.4 percent of all venture capitalist spending in 2024. But as AI startup founders swim laps in pools of gold, skepticism around AI's actual abilities is growing. Indeed, some chickens are already coming home to roost as investors and clients alike grow impatient with the hype and deferred profits. In February, GitLab, the "most comprehensive AI-powered DevSecOps Platform," was sued for the third time in just five months for misleading investors about its AI's true capabilities. Far from "revolutionizing" software development, as GitLab claimed, the company "misled investors by continually highlighting its AI-driven innovations to develop software more efficiently and drive market share demands," according to the class action lawsuit. "[GitLab] provided these overwhelmingly positive statements to investors," the suit continues, "while at the same time disseminating materially false and misleading statements... concerning GitLab's ability to develop AI features that would generate code more efficiently." But promises are lucrative things, especially when AI is involved. Just before the class action hit, GitLab's longtime CEO and co-founder Sytse "Sid" Sijbrandij ripped the cord on his golden parachute, safely ejecting from the company which had lavished him with a $600,000 annual salary, plus $600,000 in annual bonus eligibility. That's all on top of GitLab stock awards worth about $24 million. Though Sijbrandij left the company for health reasons, he did so as a billionaire. All told, it's a pretty penny for someone whose net worth has skyrocketed on the back of AI hype -- and a sign that the consequences for misleading investors are as imaginary as artificial intelligence. No wonder the other billionaires are cashing in.
[2]
Google Co-Founder Larry Page's New AI Startup Could Change How Humans Make Things Forever: Report - Alphabet (NASDAQ:GOOG), Alphabet (NASDAQ:GOOGL)
Larry Page, the co-founder of Alphabet Inc. GOOG GOOGL, the holding company for Google, is reportedly building a new AI-powered startup, Dynatomics. What Happened: Page is working with a small team of engineers on AI-driven technology that can generate highly optimized product designs and have them manufactured in factories, reported TechCrunch, citing The Information. The stealth startup is being led by Chris Anderson, the former CTO of Page-backed electric airplane company Kittyhawk. See Also: Larry Page, Google Co-Founder, Said He'd Leave His Fortune To Elon Musk Over Charity Because Of His Plans 'To Go To Mars To Back Up Humanity' The startup's goal is to streamline product development by leveraging AI to create designs that maximize efficiency, durability, and functionality. While details remain scarce, Dynatomics is expected to focus on automating and enhancing the manufacturing process across industries. Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox. Why It's Important: Page's initiative follows a growing trend of AI-driven manufacturing innovation. Other startups, such as Orbital Materials and PhysicsX, are already exploring AI applications in material discovery and engineering simulations. The Google co-founder currently has a net worth of $156 billion, making him the eighth wealthiest person in the world, according to Bloomberg Billionaires Index. Most of Page's wealth comes from his stake in Alphabet. He holds Class B and C shares, owning around 6% of the company, based on its 2024 proxy and an April 2022 filing. Photo Courtesy: Jakub Krechowicz On Shutterstock.com Check out more of Benzinga's Consumer Tech coverage by following this link. Read Next: Elon Musk Recalls Breaking Friendship With Google's Larry Page Over Ilya Sutskever: 'Linchpin For OpenAI Being Successful' Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors. GOOGAlphabet Inc$174.83-0.09%OverviewGOOGLAlphabet Inc$172.77-0.15%Market News and Data brought to you by Benzinga APIs
[3]
Google Co-Founder Larry Page's Startup Dynatomics to Bring AI to Manufacturing
Dynatomics, consisting of a small group of engineers, aim to create 'highly optimised' product designs and then get them manufactured in factories. Google co-founder and former CEO Larry Page is reportedly building a new startup called 'Dynatomics', which is focused on integrating artificial intelligence in product manufacturing, as per The Information. The startup is led by Chris Anderson, the former CTO of electric airplane company Kittyhawk, which had Page as a lead investor. Dynatomics, which consists of a small group of engineers, aim to create 'highly optimised' designs for products and then get them manufactured in factories. It will be interesting to see how Page's approach towards building a startup at the intersection of manufacturing, design, and AI pays off. Page was Google's CEO from April 2011, to October 2015, and currently serves as a member of Alphabet's board of directors. Currently, Page's net worth exceeds $150 billion, and is the eighth richest individual worldwide, as per Bloomberg. The use of AI in manufacturing industries offers a vast potential for optimisations. A report from IBM last year states that AI, and machine learning, along with computer vision and natural language processing, do improve several aspects of the manufacturing process. "AI can analyse large volumes of data from sensors, equipment and production lines to optimise efficiency, improve quality and reduce downtime. By using algorithms to identify patterns in data, AI can anticipate potential issues, suggest improvements and even autonomously adapt processes in real-time," read the report. A few weeks ago, Swedish multinational engineering company Sandvik, revealed that a tool called 'Manufacturing Copilot' was made available to customers. "The use of this generative AI tool in manufacturing simplifies the user experience on Computer Aided Manufacturing software," said the company. Recently, Tata Consultancy Services (TCS) announced a collaboration with Salesforce to enhance the use of artificial intelligence in the manufacturing and semiconductor sectors. Similarly, several startups from Y-Combinator have emerged that aim to help engineers manage their manufacturing feasibility, and use AI-powered CAD design. One startup also claims to be building the 'world's first AI mechanical engineer.'
[4]
Google Co-Founder Larry Page's Startup Dyanatomics to Bring AI to Manufacturing
Dynatomics, consisting of a small group of engineers, aim to create 'highly optimised' product designs and then get them manufactured in factories. Google co-founder and former CEO Larry Page is reportedly building a new startup called 'Dynatomics', which is focused on integrating artificial intelligence in product manufacturing, as per The Information. The startup is led by Chris Anderson, the former CTO of electric airplane company Kittyhawk, which had Page as a lead investor. Dynatomics, which consists of a small group of engineers, aim to create 'highly optimised' designs for products and then get them manufactured in factories. It will be interesting to see how Page's approach towards building a startup at the intersection of manufacturing, design, and AI pays off. Page was Google's CEO from April 2011, to October 2015, and currently serves as a member of Alphabet's board of directors. Currently, Page's net worth exceeds $150 billion, and is the eighth richest individual worldwide, as per Bloomberg. The use of AI in manufacturing industries offers a vast potential for optimisations. A report from IBM last year states that AI, and machine learning, along with computer vision and natural language processing, do improve several aspects of the manufacturing process. "AI can analyse large volumes of data from sensors, equipment and production lines to optimise efficiency, improve quality and reduce downtime. By using algorithms to identify patterns in data, AI can anticipate potential issues, suggest improvements and even autonomously adapt processes in real-time," read the report. A few weeks ago, Swedish multinational engineering company Sandvik, revealed that a tool called 'Manufacturing Copilot' was made available to customers. "The use of this generative AI tool in manufacturing simplifies the user experience on Computer Aided Manufacturing software," said the company. Recently, Tata Consultancy Services (TCS) announced a collaboration with Salesforce to enhance the use of artificial intelligence in the manufacturing and semiconductor sectors. Similarly, several startups from Y-Combinator have emerged that aim to help engineers manage their manufacturing feasibility, and use AI-powered CAD design. One startup also claims to be building the 'world's first AI mechanical engineer.'
[5]
Larry Page's AI Startup Dynatomics Set to Disrupt Manufacturing with AI-Driven Product Design
Larry Page's Dynatomics Taps AI to Redefine Product Design and Manufacturing Google co-founder Larry Page is making a bold return to the tech spotlight with Dynatomics, a stealth AI startup aiming to revolutionise the manufacturing landscape. Dynatomics is developing advanced AI models to generate fully optimised, production-ready product designs, streamlining the path from concept to manufacturing floor. By harnessing large language models (LLMs), Page's new venture seeks to cut costs, reduce waste, and accelerate production -- potentially reshaping how industries bring new products to market.
[6]
Google co-founder Larry Page reportedly has a new AI startup | TechCrunch
Google co-founder Larry Page is building a new company called Dynatomics that's focused on applying AI to product manufacturing, according to The Information. Page is reportedly working with a small group of engineers on AI that can create "highly optimized" designs for objects and then have a factory build them, per The Information. Chris Anderson, previously the CTO of Page-backed electric airplane startup Kittyhawk, is running the stealth effort, The Information reports. Page isn't the only entrepreneur exploring ways AI could be used to improve manufacturing processes (although he might be one of the richest). Orbital Materials is creating an AI platform that can be used to discover materials ranging from batteries to carbon dioxide-capturing cells. PhysicsX provides tools to run simulations for engineers working on project areas like automotive, aerospace, and materials science. Elsewhere, Instrumental is leveraging vision-powered AI to detect factory anomalies.
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Larry Page, co-founder of Google, has launched a new AI startup called Dynatomics, aiming to transform product design and manufacturing processes using advanced artificial intelligence technologies.
Larry Page, the co-founder of Google and former CEO of Alphabet Inc., is making waves in the tech world once again with his latest venture, Dynatomics. This secretive AI startup aims to revolutionize the manufacturing industry by leveraging artificial intelligence to optimize product design and production processes 123.
Dynatomics is focused on developing AI-driven technology that can generate highly optimized product designs and seamlessly integrate them into factory production. The startup, led by Chris Anderson, former CTO of Page-backed electric airplane company Kittyhawk, consists of a small team of engineers working on this cutting-edge technology 23.
The goal of Dynatomics is to streamline product development by using AI to create designs that maximize efficiency, durability, and functionality. This approach has the potential to significantly reduce costs, minimize waste, and accelerate production timelines across various industries 45.
Page's initiative aligns with a growing trend of AI-driven innovation in manufacturing. Other startups, such as Orbital Materials and PhysicsX, are already exploring AI applications in material discovery and engineering simulations 2.
A report from IBM highlights that AI, machine learning, computer vision, and natural language processing can improve several aspects of the manufacturing process. These technologies can analyze large volumes of data from sensors, equipment, and production lines to optimize efficiency, improve quality, and reduce downtime 3.
The integration of AI in manufacturing offers vast potential for optimization. Recent developments in the field include:
Sandvik's "Manufacturing Copilot," a generative AI tool that simplifies the user experience on Computer Aided Manufacturing software 3.
Tata Consultancy Services' collaboration with Salesforce to enhance AI use in manufacturing and semiconductor sectors 3.
Y-Combinator startups focusing on AI-powered CAD design and manufacturing feasibility management 3.
This new venture marks Larry Page's return to the forefront of technological innovation. With a net worth exceeding $150 billion and ranked as the eighth wealthiest person globally, Page brings significant resources and expertise to this ambitious project 23.
Despite the excitement surrounding AI in manufacturing, there is growing skepticism about AI's actual capabilities and the hype surrounding AI startups. Recent legal troubles faced by companies like GitLab, which was sued for misleading investors about its AI capabilities, highlight the risks associated with overpromising in the AI sector 1.
As Dynatomics enters this competitive and rapidly evolving landscape, it will need to navigate these challenges while delivering on its promise to transform the manufacturing industry through AI-driven innovation.
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|Google Co-Founder Larry Page's Startup Dynatomics to Bring AI to Manufacturing[4]
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