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Home»Investments»$1 Billion Investment to Revolutionize Profitable AI and Deep Tech Startups
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$1 Billion Investment to Revolutionize Profitable AI and Deep Tech Startups

prosperplanetpulse.comBy prosperplanetpulse.comJuly 1, 2024No Comments3 Mins Read0 Views
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IMAGINE, through its joint venture with SingularityNET, will invest in humanity-focused, purpose-driven companies.

Seattle, July 1, 2024–(BUSINESS WIRE)–At the Artificial SuperIntelligence (ASI) Alliance Summit, Yunity announced the launch of IMAGINE, an ecosystem that provides impact-driven startups with the resources to build great companies. ASI is the world’s largest open source independent company in AI research and development. Through a joint venture with ASI co-founder SingularityNET, IMAGINE will invest $1B in valuable AI and deep tech startups.

IMAGINE is changing the startup landscape with over $1.25 billion in investments and $200 million allocated to grow its global network of startup studios. Additionally, up to 10% of profits will support partnered 501(c)(3) organizations. Its mission is centered around incentivized collaboration, with pioneers in AI, deep tech, industry, and personal development acting as collaborators and mentors, and focused on the social, environmental, and spiritual well-being of startup teams. IMAGINE provides startup founders and investors with a powerful platform to foster innovation for positive impact locally and globally.

“AI and Deep Tech are evolving at breakneck speed. If these powerful technologies are going to help humanity, shouldn’t humanity be involved? At IMAGINE, we’re not just keeping up, we’re raising the bar on how we empower businesses. By fostering a human-centric ecosystem, we ensure these technologies serve the greatest good of society,” said Ani Chahar Honan, Founder and Managing Partner, Uniity & IMAGINE.

Dr. Ben Goertzel, Founder of SingularityNET, emphasized: “As we navigate the complexities that come with advances in AI technologies, it is essential that humanity channel these developments into beneficial outcomes. Our partnership with Yunity to invest $1 billion in these companies is based on our shared commitment to harness the potential of AI responsibly. By integrating diverse perspectives and ethical frameworks into the evolution of AI, we aim to ensure that AI augments human capabilities and improves lives around the world.”

About IMAGINE:

Imagine Global (dba IMAGINE) is a scalable capital, startup lab and advisory ecosystem supporting creators building businesses that prioritize people, planet and profit. We drive positive impact through advanced technology, innovative business models, personal growth and collaboration with industry pioneers. Our investment philosophy focuses on human-centric investments in AI, Robotics, Blockchain & Web 3.0, Quantum Computing, Spatial & Augmented Reality, Cyber ​​Security, Neurotechnology, Biotechnology and Longevity. For more information, visit www.imagineglobal.io.

About SingularityNET

SingularityNET was founded by Dr. Ben Goertzel with the mission to create a decentralized, democratic, inclusive, and beneficial Artificial General Intelligence (AGI). AGI does not rely on a central authority, is open to everyone, and is not limited to the narrow goals of a single company or a single country. The SingularityNET team includes skilled engineers, scientists, researchers, entrepreneurs, and marketers. The core platform and AI team are complemented by specialized projects focused on application areas such as finance, robotics, biomedical AI, media, arts, and entertainment.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240701897519/en/

contact address

imagine: Hello @imagineglobal.io
SingularityNET: media@singularitynet.io



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