Analysis: Jeff Bezos, Peter Thiel, and Mark Zuckerberg lead a group of insiders selling tech company stocks in Q1 2024, a sign that the bull run may be peaking
Financial Times :
Atomico: European startups are on track to raise $45B in 2023, down from $85B in 2022; just seven unicorns are expected in 2023, vs. 48 in 2022 and 108 in 2021
The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist …
Sam Altman expects “to raise a lot more over time” from Microsoft and other investors to keep up with the punishing costs of building more sophisticated LLMs
Sam Altman expects big tech group will back start-up's mission to create software as intelligent as humans
An investor in 50+ AI startups warns against building a “God-like AI” and says companies are “running towards a finish line” without knowing the ramifications
The writer of this essay is an investor and co-author of the annual “State of AI” report
Sources: a16z, Tiger Global, IVP, and other VCs are touring Saudi Arabia, the UAE, and Qatar to build ties with sovereign wealth funds during the funding crunch
Liquidity crunch leads investors such as Andreessen Horowitz to sovereign wealth funds in Saudi Arabia, Qatar and UAE
The US Treasury, Federal Reserve, and the FDIC say all Silicon Valley Bank depositors will be “fully” protected, and their money will be available on March 13
WASHINGTON, DC — The following statement was released by Secretary of the Treasury Janet L. Yellen …
A eulogy for Silicon Valley Bank, a business partner to tech for 40 years, which offered services when established banks would not and was undone by its loyalty
Regardless of the reasons behind the bank's collapse, it leaves a huge hole for the start-up scene — The writer is a partner at Sequoia Capital
An amateur Go player beat a top-ranked AI system in 14 of 15 games, using tactics suggested by a computer program that had analyzed the AI system for weaknesses
But a human just trounced one of the world's best Go AIs 14 games to 1: https://arstechnica.com/... … Tweets: @0xabad1dea : the overwhelming moral of the story recently is that AI ...
A human player beat a top-ranked AI system in 14 out 15 games of Go, using tactics suggested by a computer program that had probed the AI system for weaknesses
Amateur Kellin Pelrine exploited weakness in systems that have otherwise dominated board game's grandmasters
India's government-backed nonprofit Open Network for Digital Commerce is holding trials in over 85 cities, including Bengaluru, after raising $22M
Benjamin Parkin / Financial Times : Tweets: @tomvalletti , @johnthornhillft , @jamesplloyd , and @prasannavishy Tweets: Tommaso Valletti / @tomvalletti : Current trials in India. ...
An interview with Brian Armstrong on crypto and economic freedom, Coinbase's “no politics in the workplace” policy, the crypto downturn, regulation, and more
Ahead of my lunch with crypto exchange chief Brian Armstrong, his team tell me they had tried to find a decent restaurant …
Interview with Meta's VP of Global Affairs Nick Clegg on leaving politics, the impact of Haugen's leaks, and his leading role in the decision to ban Trump
Henry Mance / Financial Times :
Interview with Nick Clegg, Meta's VP of global affairs, on moving from politics to Meta, the impact of Haugen's leaks, and the decision to ban Trump
Nick Clegg may be available in Berlin. He has a slot in Paris. He'll make time for lunch in Brussels.
Google CEO Sundar Pichai says GDPR shows that “regulation can get it wrong” and “we are still a small part of the overall information ecosystem”
For Google, the Techlash arrived with a vengeance last week. After years of mounting angst about the power of Big Tech … Tweets: @rikefranke , @financialtimes , @rachelcoldicutt ,...
Chinese investments into India's tech startups are showing signs of drying up amid geopolitical tensions, opening the door for US investors to fill the void
and created an opportunity for the US https://www.ft.com/... https://twitter.com/... Prasanna Viswanathan / @prasannavishy : One dimension that analysts completely fail to highligh...
Companies have little to lose from joining a Facebook boycott during a slow month for ads amid a pandemic; they'll be back, and Facebook will emerge stronger
Every day, it seems, another major corporation joins the advertiser boycott against Facebook. First came The North Face, REI and Patagonia.
Sources: Zuckerberg told staff Facebook won't change policies because of “threat to a small percent of our revenue”, expects advertisers to return “soon enough”
Home entertainment today … Dominic Rushe / The Guardian : Mark Zuckerberg: advertisers' boycott of Facebook will end ‘soon enough’ Bloomberg : Chan Zuckerberg Initiative Under Sieg...
Sources: Zuckerberg told staff Facebook won't change policies because of “threat to a small percent of our revenue”, expects advertisers to return “soon enough”
Facebook CEO Mark Zuckerberg told employees he was reluctant to bow to the threats of a growing ad boycott …
Tim Berners-Lee's Inrupt raised over $10M in 2019 to operationalize Solid, an open source project to decentralize the web and give users control of their data
Sir Tim Berners-Lee's start-up Inrupt to expand operational team and launch pilot projects — Inrupt, the start-up company founded …