If you want media attention nowadays, just start telling people you want/are ordering/have a lot of GPUs. It’s the new “I raised $100m round”
@nathanbenaich
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CoreWeave Raises $2.3B Debt Collateralized by Nvidia Chips
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https://
reuters.com/technology/cor
eweave-raises-23-billion-debt-collateralized-by-nvidia-chips-2023-08-03/
… cc @aashaysanghvi_ -
Smart GPU Financing: Collateral and Depreciation Strategies
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When actual finance guys get into AI infra, they think of actually smart ways to finance their growth re: don't sell equity for GPUs. "We negotiated with them to find a schedule for how much collateral to go into it, what the depreciation schedule was going to be versus the
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NVIDIA’s 55x Growth Since 2015: GPUs Dominating AI Market
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Overheard in the hallowed hallways of AI compute: "I have been hearing GPUs are not designed for AI since 2015 – during that time NVIDIA 10x (at least) its market cap" I actually checked. It's not 10x since 2015, it's…55x!
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Union Square Ventures cuts VC fund valuations amid market shift
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"This will be the new normal for the next 18 months..the smarter guys like USV are going to start doing this and that's going to start a cascade." https://
businessinsider.com/union-square-v
entures-cut-value-of-vc-funds-2023-7?r=US&IR=T
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San Francisco: Generator and Accelerator of New Technologies
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SF is such an amazing generator, adopter and accelerator of the new new thing.
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Stay With What Works: Practical Business Strategy for AI
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stay with whatever works and prints you money – if either of them stop, then solve problem
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Chalmermagne joins Airstreet to scale ambitious AI startups
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It’s day 1 for @chalmermagne at @airstreet
! I’m excited to supercharge our growing portfolio with the very best platform capabilities We’ll start with a focus on communications and policy – two critical levers that help ambitious seeds flourish into category winners and