Construct Capital raises $300M fund for defense and manufacturing tech

Construct Capital, an early-stage venture capital firm that invests in startups applying technology to sectors like manufacturing, transportation, and defense, has closed its third fund with $300 million in capital commitments. The Washington, D.C.-based firm previously raised a $225 million second fund and a $75 million capital pool for later-stage companies in 2022. While many…

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OpenAI plans to release a new ‘open’ AI language model in the coming months

OpenAI says that it intends to release its first “open” language model since GPT‑2 “in the coming months.” That’s according to a feedback form the company published on its website Monday. The form, which OpenAI is inviting “developers, researchers, and [members of] the broader community” to fill out, includes questions like “What would you like…

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