Bye-bye bots: Altera’s game-playing AI agents get backing from Eric Schmidt

Autonomous, AI-based players are coming to a gaming experience near you, and a new startup, Altera, is joining the fray to build this new guard of AI agents.

The company announced Wednesday that it raised $9 million in an oversubscribed seed round, co-led by First Spark Ventures (Eric Schmidt’s deep-tech fund) and Patron (the seed-stage fund co-founded by Riot Games alums).

The funding follows Altera’s previous raising a pre-seed $2 million from a16z SPEEDRUN and others in January of this year. Now, Altera wants to use the new capital to hire more scientists, engineers and team members to help …
Read more…….