AI + trading + free time = money printing machine fr
INVESTMENT
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2024 Pre-Series A Funding Round Benchmarks and Types
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2024 median benchmarks for the 1, 2, 3… 7 types of funding rounds that happen before series A (confused yet?)
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ASEAN GenAI Startups: Top Foundational Model Providers Report
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From the coming ASEAN GenAI Startups report: https://
genaifund.ai/2024/06/04/top
-foundational-model-providers-for-genai-startups-in-southeast-asia/
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Semtech CEO Exit Triggers Stock Plunge, Axcelis Surges
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Wall Street’s Best Ideas: Semtech plunges, Axcelis surges Shares of Semtech plunged Friday on the surprise dismissal of its chief executive, though one analyst says things seem to be okay, Axcelis had a winning presentation at a conference, and bulls argue you should keep the
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Banks’ Growing Dependence on Big Tech for AI Compute Raises Risks
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'AI requires huge amounts of compute, and really the only way that you're going to be able to access that compute sensibly is from Big Tech.' -Joanne Hannaford, head of technology strategy, Deutsche Bank's corporate bank, speaking at Money20/20 conference https://
reuters.com/technology/ban
ks-say-growing-reliance-big-tech-ai-carries-new-risks-2024-06-07/
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Microsoft acquires Inflection AI talent, not company
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'We didn’t want to own the company. We wanted to hire some of the people who worked at the company.' –
@BradSmi on Microsoft's Inflection deal https://
ft.com/content/97b457
59-36e0-4f5b-9c6a-ae0580f9a29b
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Cohere Launches Startup Program for Early-Stage AI Innovation
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We’re excited to launch our startup program to empower early-stage AI innovation solving real world business challenges! Apply here: https://
cohere.com/startup-progra
m-application
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Cohere Launches Startup Program for Enterprise AI Model Access
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Participating companies will get discounted access to build with Cohere’s enterprise-grade frontier AI models, support from our technical experts, and valuable marketing exposure. Find more details: https://
cohere.com/startup-program -
French Entrepreneur Credits Marc Simoncini’s iFrance as Key Influence
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Je suis le plus mauvais entrepreneur de France, et je ne me rend pas compte que celui a qui je dois tout, c'est quelque part @marcsimoncini avec son Ifrance. Après il est parti sur le dating, sur les lunettes de vues, sur le vélo, mais dès le début, il était là. #Merci #qvema
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Microsoft announces $5.3B in data center investments globally
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Microsoft data center development announcements recently 10/24/23 Australia A$5 billion 5/8/24 Wisconsin $3.3 billion
5/22/24 Kenya $1 billion (with G42)
6/4/24 Indiana $1 billion