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STAT+: AI biotech founded by ex-Google CEO Eric Schmidt is raising $150 million

Hologen, a Secretive AI Startup Co-Founded by Former Google CEO, Set to Raise $150 Million

The world of artificial intelligence is constantly evolving and pushing the boundaries of what is possible. As technology continues to advance, the demand for intelligent machines and programs to assist us in our daily lives is only growing. And now, a new player has entered the scene – Hologen, a secretive AI startup co-founded by former Google CEO, is aiming to raise an impressive $150 million in funding.

Founded in 2018 by Silicon Valley veterans Eric Schmidt, former CEO of Google, and Sebastian Thrun, founder of Google’s experimental lab Google X, Hologen has been operating quietly and under the radar. The company’s main goal is to develop cutting-edge AI technologies and bring them to the market in a way that will revolutionize industries and change the way we live and work.

Hologen’s co-founders have a wealth of experience and expertise in the tech world. Eric Schmidt, who served as CEO of Google from 2001 to 2011, is known for his visionary leadership and contributions to the company’s immense success. He is also a strong advocate for AI and its potential to transform various industries.

Meanwhile, Sebastian Thrun is a renowned computer scientist, entrepreneur, and educator. He is best known for his work at Google, where he led the development of Google’s self-driving car and Google Glass. He also founded Google X, the company’s experimental lab, and is the founder of online education platform Udacity.

With such a strong team at its helm, it’s no surprise that Hologen has managed to keep a low profile while making significant progress in the AI world. The company has been working on a range of projects, including developing AI-powered virtual assistants, chatbots, and machine learning algorithms.

But what sets Hologen apart from other AI startups is its focus on ethical and responsible AI. With the growing concerns surrounding data privacy and the potential biases of AI algorithms, Hologen is determined to create AI solutions that are not only advanced but also ethical and trustworthy. This approach has already caught the attention of potential investors, leading to Hologen’s ambitious fundraising goals.

The company’s goal of raising $150 million is no small feat, but with its exceptional leadership and innovative technology, it’s well on its way to achieving it. The funds will be used to accelerate the development of Hologen’s AI products and bring them to the market. This will also allow the company to expand its team and attract top talent from the tech industry.

Hologen’s investors are not only drawn to the company’s potential for growth but also its vision for ethical AI. As AI becomes more integrated into our daily lives, it’s crucial to have companies like Hologen leading the way in creating responsible and transparent AI solutions.

The potential for Hologen’s AI technology is immense. From healthcare to finance to transportation, the applications are endless. With its focus on responsible AI, Hologen has the potential to become a global leader in the AI industry and set a new standard for ethical and trustworthy AI.

The company’s co-founders, Eric Schmidt and Sebastian Thrun, are determined to make Hologen a success and change the world for the better through AI. They believe that with the right approach and technology, AI can be a powerful tool for good and bring about positive change in society.

Hologen’s fundraising efforts have already generated a lot of buzz in the tech world, and many are eagerly waiting to see what the company will achieve with its innovative technology and ethical approach. With its impressive leadership, strong vision, and potential for growth, Hologen is definitely a startup to watch out for in the AI space.

In conclusion, Hologen, the secretive AI startup co-founded by former Google CEO, is making waves in the tech industry with its innovative and ethical approach to AI. With its ambitious goal of raising $150 million, the company is well on its way to becoming a global leader in the AI space. As we enter a new era of technology, companies like Hologen are paving the way for a more responsible and trustworthy use of AI, and that is something to be excited about.

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