Sam Altman says Peter Steinberger, creator of OpenClaw, is joining OpenAI “to drive the next generation of personal agents”; OpenClaw will remain open source
How LLMs are dismantling the moats that made vertical SaaS defensible, and why the market selloff is structurally justified but temporally exaggerated
In the past few weeks, nearly $1 trillion was wiped from software and services stocks. FactSet dropped from a $20B peak to under $8B.
Sam Altman says Peter Steinberger, creator of OpenClaw, is joining OpenAI “to drive the next generation of personal agents”; OpenClaw will remain open source
Peter Steinberger is joining OpenAI to drive the next generation of personal agents. He is a genius with a lot of amazing ideas about the future of very smart agents interacting wi...
In a podcast, OpenClaw creator Peter Steinberger describes his phone calls with Mark Zuckerberg and Sam Altman, and says he had been contacted by “every big VC”
Mark Zuckerberg needed ten minutes. He was finishing code. — Peter Steinberger had called him on WhatsApp without scheduling anything.
Source: Chamath Palihapitiya shelved plans to raise $1B for an early-stage investment fund, in part due to fundraising challenges
Kia Kokalitcheva / Axios : X: @mhdempsey , @thestalwart , @carnage4life , @riddle245 , @fisurgi , @hitsamty , @jasonlk , @fed_speak , and @bucknsf X: Michael Dempsey / @mhdempsey ...
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
an unsecured illiquid claim on a failed bank. Absent @jpmorgan @citi or... https://twitter.com/... Bob Elliott / @bobeunlimited : Fed/FDIC decisions on SVB determine whether they r...
As the “Bank of Startups”, Silicon Valley Bank collapsed from its exposure to interest-rate risk, a lack of diversity among depositors, and VC herd mentality
Programming note: Money Stuff was supposed to be off today, but: bank run! — SVB