Sources: Perplexity was valued at $18B in a reported $100M extension round; its annualized revenues jumped from $35M in August 2024 to $150M this month
Financial Times :
Daniel Gross leaves Safe Superintelligence, the AI startup he co-founded with Ilya Sutskever, to join Meta's new superintelligence lab and work on AI products
Daniel Gross, the former chief executive officer and co-founder of artificial intelligence startup Safe Superintelligence Inc. …
Satya Nadella says Sam Altman, Greg Brockman, and OpenAI staff will join Microsoft's new “advanced AI research team” and Microsoft remains committed to OpenAI
Microsoft has hired OpenAI co-founders Sam Altman and Greg Brockman to head up a “new advanced AI research team,” …
An in-depth look at GPU supply and demand, particularly Nvidia H100s, how a reliance on TSMC causes bottlenecks, H100 clients, Nvidia's allocations, and more
Introduction — As of August 2023, it seems AI might be bottlenecked by the supply of GPUs. … Is There Really A Bottleneck? Twitter: @nixcraft , @thestalwart , @mhdempsey , @whole...
Andy Jassy says Amazon plans to lay off an additional 9,000 employees, mostly in AWS, PXT, Advertising, and Twitch, after cutting 18,000+ jobs in January 2023
Today I shared with Twitch employees that we've … Annie Palmer / CNBC : Amazon's post-Bezos experiment hasn't gone exactly as planned Bloomberg : Amazon to Cut 9,000 More Jobs, Dee...
OpenAI releases DALL-E 2, a higher-resolution and lower-latency version of its text-to-image generation program with new capabilities, to researchers in preview
Researchers can sign up to preview it — Artificial intelligence research group OpenAI has created a new version of DALL-E, its text-to-image generation program.
Coinbase announces it will let users buy, sell, and showcase Ethereum-based NFTs by the end of the year
they are “digital goods” after all, and subject to the 30 percent IAP fees. Dying to know what Coinbase will try and do here https://www.theverge.com/... Li Jin / @ljin18 : Coinbas...
Microsoft and OpenAI announce GitHub Copilot, an AI-based tool to recommend code to software developers in almost any programming language
- GitHub, GitHub's parent company Microsoft and OpenAI have teamed up to deliver a tool that comes up with source code for programmers to use as they work.
Interview with Semil Shah, founding GP of Haystack, on getting rejected from jobs at VC firms, innovation in the VC industry, Miami as a “tech hub”, and more
a path of following a technology, or trying to solve a problem, or building things with friends, etc. — and let the outputs fall where they may” Such an excellent interview, with s...
Uber launches an on-demand grocery delivery service in 19 cities across Latin America and Canada, and says it will be available in the US later this month
The announcement follows Uber's acquisition of Cornershop in 2019 and Postmates in 2020 — Uber is launching an on-demand grocery delivery service …
Research tracking tech startup layoffs across the world since March 11 finds 204 startups have laid off 16,229 employees, nearly doubling between April 2-8
On Thursday, the U.S. Labor Department reported some staggering figures: the number of unemployment claims filed between March 15-April 4 surged to 16.8 million.
Anonymous Twitter account @VCBrags hits a nerve mocking VC's propensity for self-promotion by quote-retweeting boastful tweets
Investors either are loving or blocking @VCBrags, which retweets investors' best brags. — A parody Twitter account is getting under the skin … Tweets: @andrew__reed , @dhaliwas ,...
Google can make a success of Fitbit if it can be managed as well as the integration of HTC's smartphone team, but it can also end up as a fiasco like Nest
The HTC acquisition went well, Nest did not — will this? — Google is buying Fitbit and the reasons why are both simple and complicated.
Google can make a success of Fitbit if it can be managed as well as the integration of HTC's smartphone team, but it can also end up as a fiasco like Nest
The HTC acquisition went well, Nest did not — will this? — Google is buying Fitbit and the reasons why are both simple and complicated.
SF proposes an Office of Emerging Technology to evaluate, issue permits for new devices and services that operate on the city's streets and other infrastructure
San Francisco Board of Supervisors President Norman Yee unveiled this week a proposal to create an Office of Emerging Technology …
Investors and employees of Toptal, a freelancing platform with ~$200M revenue and originally funded by $1.5M in convertible notes, have ended up with no equity
but it never does (aka, gotta read the fine print.) https://www.theinformation.com/ ... Tom Dotan / @cityofthetown : After its seed investment 7 years ago, Toptal promised equity f...
Kodak's stock spiked as much as 300% on its announcement to launch KODAKCoin, “a photocentric cryptocurrency” for better image rights management
Kodak's latest moment has it joining the cryptocurrency frenzy. — Shares in Eastman Kodak Co. jumped as much as 77 percent …