Swiss Startup Raises $16M to Build AI Model to Predict Weather and Tackle Climate Change
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Jua is a Swiss startup that raised $16M to build a large AI model to predict and understand patterns in the natural world, starting with weather and climate.
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The model will be 20x larger than existing weather forecasting models and use novel data like satellite imagery to make predictions.
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The model aims to provide insights for industries like energy, agriculture, insurance that need to respond to climate volatility.
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Jua believes this physics-based AI model is a step toward artificial general intelligence and solving complex challenges in material science and biomedicine.
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Investors see Jua as an alternative to US-based AI leaders in foundational models, with potential for business sovereignty.