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VOICE ARCHIVE

Michael Dempsey

@mhdempsey
25 posts
2025-11-07
Well said. OAI got really close to creating a too big to fail house of cards with all the compute deals but flew a little too close to the sun. Yes, they can effectively collapse equity markets, but it was a misjudgment of how much the government cares about the market right
2025-11-07 View on X
Bloomberg

Sam Altman says OpenAI doesn't want government guarantees for data centers and expects to fund investments with revenues hitting “hundreds of billions by 2030”

company continues to lobby for financial support from the industry Victor Tangermann / Futurism : Trump Admin Says It's Not Bailing Out the AI Industry Regardless of How Hard It Cr...

2025-08-11
can we get some commentary from the anti-china trump tech crowd that has basically said we need to cut china off entirely and trump was the right guy for the job?
2025-08-11 View on X
Financial Times

Sources: Nvidia and AMD agreed to pay the US government 15% of H20 and MI308 chip revenue from China sales, as a condition of export licenses granted last week

Chipmakers agree to unusual arrangement to secure export licences from Trump administration  —  Nvidia and AMD have agreed …

2025-04-17
As @kevinakwok was saying, everyone trying to figure out which was more important, cursor or claude. Labs starting to recognize the vessel for the API might be necessary to own just as much as (more than?) the model behind the API and that if you can tightly couple product with
2025-04-17 View on X
Bloomberg

Source: OpenAI is in talks to acquire Windsurf, an AI coding tool formerly known as Codeium, for ~$3B; Windsurf was valued at $1.25B in a 2024 funding deal

they are the black hole of Startups People still don't get it Evil institution Deedy / @deedydas : @EMostaque Perhaps the time (say even 6mos) it takes to build and grow a Windsurf...

2024-05-07
Wayve & People Companies are merely collections of people and @wayve_ai is a collection of some of the most incredible people in the world solving one of the hardest problems in the world. Having known this company and served on its board since its inception, I've been...
2024-05-07 View on X
TechCrunch

UK-based Wayve, which is developing a self-learning system for autonomous driving, raised a $1.05B Series C led by SoftBank, the UK's largest AI fundraise ever

Mike Butcher / TechCrunch :

2024-01-27
It is truly shocking that the guy who always talks about how venture capital is over cause he can CodeGen 80% of startups for 20% of the cost didn't close his venture capital fund.
2024-01-27 View on X
Axios

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 ...

2024-01-06
This comparison on 2022 and 2023 shows that, but if you go even further back to the original analysis in 2016 it gets more fun. https://arxiv.org/... [image]
2024-01-06 View on X
The Decoder

A survey of 2,778 AI researchers: 38.4% support faster development and 34.7% support slower development, AI development's pace will keep accelerating, and more

The “2023 Expert Survey on Progress in AI” shows that the scientific community has no consensus on the risks and opportunities of AI …

“People overestimate what they can do in one year and underestimate what they can do in 10 years.” https://blog.aiimpacts.org/... [image]
2024-01-06 View on X
The Decoder

A survey of 2,778 AI researchers: 38.4% support faster development and 34.7% support slower development, AI development's pace will keep accelerating, and more

The “2023 Expert Survey on Progress in AI” shows that the scientific community has no consensus on the risks and opportunities of AI …

2023-10-04
At scale would imagine you'd have to shift to some form of local LLM otherwise you're going to get rekt on API calls, no?
2023-10-04 View on X
The Verge

The Browser Company updates Arc with GPT 3.5 and Anthropic features: Ask ChatGPT, Tidy Tab Titles, Tidy Downloads, Five-Second Previews, and Ask on Page

At some point, if you're a company doing pretty much anything in the year 2023, you have to have an AI strategy.  It's just business.

2023-08-17
It's going to be fun the first time OpenAI acquires a fully distributed AI/SaaS product team and the entire startup world building on the API collectively wonders if they are about to get Amazon'd or not.
2023-08-17 View on X
TechCrunch

OpenAI acquires New York-based AI design studio Global Illumination, marking the company's first public acquisition; the terms of the deal weren't disclosed

OpenAI, the AI company behind the viral AI-powered chatbot ChatGPT, has acquired Global Illumination, a New York-based startup leveraging AI …

2023-08-03
Everything you've ever wanted to know about the current GPU shortage and supply/demand dynamics. https://t.co/...
2023-08-03 View on X
GPU Utils

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...

2023-06-22
Needed an AI boom, a run in tech equities, & a year of clarity of who is/isn't going to die but starting to happen now. Would expect the discounts to start to close a bit, however underwriting “restarting” growth is tough, even at 60%+ discount. https://twitter.com/...
2023-06-22 View on X
Bloomberg

a16z, Accel, Bain, Bessemer, Kleiner, and, sources say, Coatue and Tiger are increasingly buying startup shares on the secondary market, often at cheap prices

It's a bargain-hunter's dream, and for sellers it's sometimes the only good option left.  —  Secondary markets …

2023-06-10
I kinda think Meta going scorched earth with open-source AI is going to look brilliant in a few years. https://twitter.com/...
2023-06-10 View on X
Axios

Mark Zuckerberg shared with employees Meta's plan to add generative AI text, image, and video tools to its products, such as Messenger, WhatsApp, and Instagram

2023-06-09
I kinda think Meta going scorched earth with open-source AI is going to look brilliant in a few years. https://twitter.com/...
2023-06-09 View on X
The Verge

At an all-hands, Mark Zuckerberg addressed Apple's Vision Pro, saying “that could be the vision of the future of computing” but “not the one that I want”

/ Zuckerberg directly addressed Apple's Vision Pro unveiling in a meeting with Meta employees today …

2023-05-26
Research-driven investment firm focusing on frontier tech sounds remarkably familiar... https://twitter.com/...
2023-05-26 View on X
The Block

Paradigm appears to have removed crypto and Web3 mentions from its website's home page, as sources say the VC is expanding its focus to “frontier” tech like AI

- VC firm Paradigm is taking its crypto-only focus to include “frontier” technologies such as AI, two sources with knowledge of the situation told The Block.

2023-04-26
I general it feels increasingly important when investing in healthcare to ask “what won't apple own”. One of our rules (for better or for worse) is that if the sensing *can* make its way into Watch or Airpods, then we believe it will. https://twitter.com/...
2023-04-26 View on X
Bloomberg

Sources: Apple is working on emotion tracking tools, coming to its Health app in 2023, and an AI-powered health coaching subscription service codenamed Quartz

Apple Inc. is working on an artificial intelligence-powered health coaching service and new technology for tracking emotions …

2023-01-07
It's going to be really funny if Meta one day announces the formation of an AI + Bio division based off of all the FAIR/Meta AI work over the years and solves a bunch of problems in health/bio. Destroy real world with metaverse. Save real world with protein understanding.
2023-01-07 View on X
Forbes

Researchers: cybercriminals have started using ChatGPT to create hacking tools and AI-generated malware code, and are testing the tool for dating scam chatbots

some with little or no coding experience—were using it to write software and emails that could be used for espionage, ransomware, malicious spam, and other malicious tasks.” https:...

2022-09-26
It feels inevitable to me that: 1) The default input device for AR/VR is mostly the body in the long-term 2) ML will continue to render other forms of sensing obsolete 3) The camera is the best sensor in the world https://twitter.com/...
2022-09-26 View on X
UploadVR

In a new paper, Meta researchers demonstrated a system that can reconstruct a user's plausible pose from only the Quest 2's sensors using reinforcement learning

David Heaney / UploadVR :

2022-06-21
Yeah, Sam is going to own all of crypto by the time this bear market is over. https://twitter.com/...
2022-06-21 View on X
The Block

BlockFi CEO Zac Prince says the crypto lender “signed a term sheet with FTX to secure a $250M revolving credit facility”

- BlockFi secures $250 million revolving credit facility from crypto exchange FTX.  — The crypto lender says the deal ‘bolsters our balance sheet and platform strength.’ Source: @b...

2021-03-23
Secondaries were trading at north of $14B a few months ago so...i'm going to go ahead and say well over $10B. https://twitter.com/...
2021-03-23 View on X
Bloomberg

Sources: Microsoft is in talks to buy Discord for more than $10B; one source says Discord is more likely to go public than sell itself

Microsoft Corp. is in talks to acquire Discord Inc., a video-game chat community, for more than $10 billion, according to people familiar with the matter.

Secondaries were trading at north of $14B a few months ago so...i'm going to go ahead and say well over $10B. https://twitter.com/...
2021-03-23 View on X
VentureBeat

Sources say Discord is exploring a sale that could value it at $10B+, with one source saying it is in the final stage of negotiations