Leonardo DiCaprio and Ashton Kutcher Lead Stars Investing Millions into AI Start-Ups
Published on June 9th, 2023 | Updated on June 9th, 2023 | By FanFest
Celebrities with substantial wealth are increasingly investing their money in artificial intelligence (AI) companies, particularly startups. Notable figures such as Leonardo DiCaprio and Robert Downey Jr., along with their respective venture capital firms, have reportedly poured millions into AI companies focused on environmental impact. Other celebrities like Ashton Kutcher and will.i.am from the Black Eyed Peas are also venturing into the world of AI, recognizing its significance for a successful future.
Ashton Kutcher, who has transitioned from acting to the venture capital scene, has made waves with his firm Sound Ventures. Sound Ventures already encompasses three AI technology companies: OpenAI, Anthropic, and stability.ai. Recently, Kutcher and Sound Ventures raised an impressive $243 million in just five weeks with the aim of investing in more AI startups. Kutcher expressed his enthusiasm for AI, stating that businesses must embrace the changes brought about by AI to stay relevant and thrive. He sees AI as a catalyst for improving humanity, enabling affordable access to services like medical advice and legal assistance for individuals who previously faced barriers in obtaining such services.
While Kutcher is excited about AI’s expansion, he also emphasizes the need for regulation. He acknowledges issues such as misinformation, data privacy, data tracing, and bias associated with AI. Kutcher believes that the companies involved in AI development recognize the necessity of regulation.
Leonardo DiCaprio, known for his environmental activism, has invested in an AI recycling company called Greyparrot through his venture capital firm Regeneration VC. Greyparrot employs cutting-edge AI computer vision systems in sorting facilities worldwide to enhance recycling rates and establish accountability in the waste value chain. DiCaprio’s commitment to the environment led him to establish the Leonardo DiCaprio Foundation in 1998, which focuses on combating climate change.
Robert Downey Jr.’s venture fund, the Footprint Coalition, is dedicated to leveraging technology, including AI, to improve the environment. Downey Jr. expressed hope in AI’s potential during a conference, citing his concern for the climate crisis. ClimateAI, an AI company working on climate resilience, received funding from the Footprint Coalition, among other groups.
will.i.am, the founding member of the Black Eyed Peas, launched i.am+, a technology company aiming to merge music and technology while building a community of creatives and coders. In 2018, will.i.am introduced Omega, an AI-powered platform that enables businesses to create human-like conversational experiences. Omega offers voice, text, and accessible customer experiences. will.i.am believes that the Omega architecture can alleviate consumers’ pain points and usher in a new era supported by AI.
In summary, celebrities with substantial financial resources are increasingly investing in AI companies, recognizing the potential for positive impact in various fields. From environmental conservation to improved accessibility of services and the development of innovative platforms, these celebrities are betting on AI as a significant force for the future.
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