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VOICE ARCHIVE

Deedy

@debarghya_das
22 posts
2024-02-29
Snowflake 🇮🇳 The new CEO of $75B Snowflake, Sridhar Ramaswamy, started search startup Neeva and ran Ads at Google. Frank Slootman, the last CEO, is one of the only people to build 3 $1B+ revenue businesses: Data Domain—acq by EMC for $2.4B ServiceNow—$9B rev Snowflake—$2.5B rev
2024-02-29 View on X
CNBC

Snowflake says that CEO Frank Slootman is retiring, and reports Q4 revenue up 32% YoY to $774.7M and Q1 product revenue guidance below est.; SNOW drops 20%+

acq by EMC for $2.4B ServiceNow—$9B rev Snowflake—$2.5B rev Tanay Jaipuria / @tanayj : As the saying goes, you either die a startup or live long enough to appoint a desi CEO [image...

2024-02-22
It's embarrassingly hard to get Google Gemini to acknowledge that white people exist [image]
2024-02-22 View on X
PCMag

Google says the company is working to immediately fix Gemini's “inaccuracies in some historical image generation depictions”, after some users complained

Controversy is swirling around Google's generative AI tool Gemini as some users complain that its historical depictions are not accurate.

2024-02-14
The world's biggest seed round is about to happen
2024-02-14 View on X
The Information

AI researcher Andrej Karpathy, one of OpenAI's founding members, leaves the startup; Karpathy was developing a product that he had described as an AI assistant

Andrej Karpathy, one of the founding members of OpenAI, has left the company, a spokesperson confirmed.

2024-01-23
Staff engineer at Google likens their management strategy to bogosort. Personally, 4/4 industry people I know who left to Google recently did it for only one reason: money. Not the Google it used to be. [image]
2024-01-23 View on X
New York Post

Some current and former employees publicly blast Google, criticizing its lack of “visionary” leaders, choice not to deliver layoff news face-to-face, and more

Ariel Zilber / New York Post :

2023-12-19
$20B acquisition of Figma at then ~$400M ARR, one of biggest acquisitions of all time, didn't go through. Hoping for a huge IPO for Figma!
2023-12-19 View on X
Reuters

Adobe and Figma end their $20B merger, announced in September 2022, over “no clear path” to EU and UK antitrust approval; Adobe owes Figma a $1B termination fee

Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma …

2023-12-18
$20B acquisition of Figma at then ~$400M ARR, one of biggest acquisitions of all time, didn't go through. Hoping for a huge IPO for Figma!
2023-12-18 View on X
Reuters

Adobe and Figma terminate their $20B merger, announced in September 2022, after seeing “no clear path” to UK and EU regulatory approval; Adobe will pay $1B

Adobe (ADBE.O) on Monday shelved its $20 billion cash-and-stock deal for cloud-based designer platform Figma, pointing to …

2023-11-23
Inflection-2 has Google PaLM 2 Large compute (10^25) and achieves 79.6 on MMLU, making it 2nd/3rd best LLM after GPT-4 and maybe Anthropic Claude 2! Strange that they don't reveal the model size or tokens trained on. [image]
2023-11-23 View on X
Forbes

Inflection AI debuts Inflection-2, an LLM the company claims outperforms Llama 2 and Google's PaLM in some tests, and plans to add the model to its Pi chatbot

2023-08-29
The class warfare between execs and employees around remote work is in full swing: Many / most CEOs (Amazon in this case) believe work from home is not productive and will lay off those who fail to comply. [image]
2023-08-29 View on X
Insider

Meeting: Andy Jassy told employees who refuse to return to the office “at least three days a week” that “it's probably not going to work out for you at Amazon”

- Amazon CEO Andy Jassy told employees who disagree with the return-to-office mandate that it's “not going to work out for you.”

2023-03-31
Bing Chat now has Ads! It's going to be fascinating to see how the unit economics of Ads in language models will unfold and affect search advertising. 1/3 https://twitter.com/...
2023-03-31 View on X
The Verge

Microsoft is exploring new ad experiences in Bing Chat, like citations, and sharing ad revenue with “partners whose content contributed to the chat response”

and it's likely a good thing. Here's why Nehal Malik / iPhone in Canada Blog : Microsoft is ‘Exploring’ Ads within Bing Chat Mashable : Oh great, Microsoft's Bing AI chatbot is get...

Given —the click through rates / conversions on these ads aren't comparable to search —LLM-powered chat is eating into search as a information retrieval medium it could radically reduce the size of the $100B+ search advertising industry, unless.. 2/3
2023-03-31 View on X
The Verge

Microsoft is exploring new ad experiences in Bing Chat, like citations, and sharing ad revenue with “partners whose content contributed to the chat response”

and it's likely a good thing. Here's why Nehal Malik / iPhone in Canada Blog : Microsoft is ‘Exploring’ Ads within Bing Chat Mashable : Oh great, Microsoft's Bing AI chatbot is get...

2023-03-30
Given —the click through rates / conversions on these ads aren't comparable to search —LLM-powered chat is eating into search as a information retrieval medium it could radically reduce the size of the $100B+ search advertising industry, unless.. 2/3
2023-03-30 View on X
The Verge

Microsoft is exploring expanding ads in Bing Chat and sharing the ad revenue with partners whose content contributed to the chat response

It was inevitable, but Microsoft has confirmed that more ads are coming to Bing's AI-powered chatbot.  Microsoft corporate vice president Yusuf Mehdi …

Bing Chat now has Ads! It's going to be fascinating to see how the unit economics of Ads in language models will unfold and affect search advertising. 1/3 https://twitter.com/...
2023-03-30 View on X
The Verge

Microsoft is exploring expanding ads in Bing Chat and sharing the ad revenue with partners whose content contributed to the chat response

It was inevitable, but Microsoft has confirmed that more ads are coming to Bing's AI-powered chatbot.  Microsoft corporate vice president Yusuf Mehdi …

2023-03-15
OpenAI's GPT-4 announcement is FINALLY HERE and its UNREAL! - Multimodal: Text + Image -> Text - SOTA on MMLU by a mile: 86.4 vs 75.2 for Flan-PALM - Able to score 1410/1600 on the SAT and 331/340 on the GMAT, beating 1260 and 331 on GPT-3.5 - Performance in 24 other languages... https://twitter.com/...
2023-03-15 View on X
OpenAI

OpenAI debuts GPT-4, claiming the model “surpasses ChatGPT in its advanced reasoning capabilities”, available in ChatGPT Plus and as an API that has a waitlist

Following the research path from GPT, GPT-2, and GPT-3, our deep learning approach leverages more data and more computation …

2023-02-25
Facebook just dropped a 65B param LLM that outperforms GPT-3 and Google PaLM with ~12% the size of the latter by training on a high volume (1.4T tokens) of high quality text. More expensive to train, but much cheaper at inference! https://twitter.com/...
2023-02-25 View on X
Meta AI

Meta releases Large Language Model Meta AI, or LLaMA, a foundational LLM designed to help AI researchers, available in sizes ranging from 7B to 65B parameters

As part of Meta's commitment to open science, today we are publicly releasing LLaMA (Large Language Model Meta AI) …

2023-02-08
Will this single-handedly kill 100 GPT-3 chrome extensions and Adept AI in one fell swoop? https://twitter.com/...
2023-02-08 View on X
The Verge

Microsoft unveils an updated Bing search engine and Edge browser powered by a next-gen custom OpenAI LLM, calling the duo an “AI-powered co-pilot for the web”

Microsoft has announced a new version of its search engine Bing, powered by an upgraded version of the same AI technology that underpins chatbot ChatGPT.

2023-01-29
$5B Indian social media app ShareChat is going BUST. - At ~$42m revenue, it's valued at 120x rev - ~95m DAU in rural India - Founders cashed out $10m in secondaries - Burn $366m/yr and have ~1-2yrs of runway Ads don't work in the 90% of India that's poor (yet)! 1/4
2023-01-29 View on X
Moneycontrol

Some ShareChat employees and investors detail the company's leadership crisis and say revenue has not kept pace with cash burn and its ~$5B valuation in 2022

Over the last few weeks we have been thinking a lot about the layoffs in tech. Payal Ganguly / YourStory.com : ShareChat Co-founders Farid Ahsan, Bhanu Pratap Singh step aside from...

2023-01-12
Charlie Javice, Forbes 30u30 and founder of Frank, is getting sued for creating fake data to 15x her startup's users from 300k to 4.5m. Frank-ly appalling.
2023-01-12 View on X
Forbes

JPMorgan Chase is suing the founder of Frank, a student loan software startup acquired for $175M, over allegedly lying about scale by creating 4M+ fake users

The financial giant is suing the founder of a Mark Rowan-backed startup it acquired, claiming the fintech, Frank, had sold the financial giant on a “lie.”

2023-01-04
With GPT-4 coming in Spring and Bing proposing a March launch, what will Google do? Unlike https://you.com/: “Bing will still rely on its own technology to produce most search results” as GPT isn't meant to “continuously scrape the web... like a search engine does.” https://twitter.com/...
2023-01-04 View on X
The Information

Sources: Microsoft plans to release a version of Bing that uses OpenAI's ChatGPT tech to answer some search queries, possibly launching as soon as Q1 2023

Microsoft could soon get a return on its $1 billion investment in OpenAI, creator of the ChatGPT chatbot, which gives humanlike text answers to questions.

2022-12-06
ChatGPT's programming skills are WILD. Using just 3 prompts, it wrote a Sudoku solver in GoLang in <1 min. 1 <Problem text from Leetcode> 2 Write a function to print that sudoku board 3 Can you re-write solve() to use backtracking? A 150+ line program. It ran on the first try! https://twitter.com/...
2022-12-06 View on X
Stratechery

A look at the effects of ChatGPT, which has caused an explosion of interest in OpenAI's capabilities and led to questions about AI's impending impact on society

It happened to be Wednesday night when my daughter, in the midst of preparing for “The Trial of Napoleon” for her European history class …

2021-11-16
A strong argument that seed rounds should not exceed ~$20m post-money on average given past data around failure and growth rates for a fund to return at a reasonable rate. ~$100m seeds are overvalued and likely to fail. https://avc.com/...
2021-11-16 View on X
AVC

Seed rounds at $100M post-money valuations, now fairly common, are unlikely to perform well for investors, given dilution and early startups' high failure rate

We have been seeing quite a few seed rounds getting done in and around $100mm post-money and that concerns me for a few reasons: