Yahoo is buying Artifact, the AI news app from the Instagram co-founders, and immediately scraping the project. They simply want the recommendations algorithm for Yahoo News.
INVESTMENT
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Breaking Cerebras: The Stealth Deep Learning Hardware Startup
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Oh man what a trip. I remember breaking the original story on their existence when they were hyper stealth lol https://
techcrunch.com/2016/12/19/a-s
tealthy-startup-called-cerebras-raised-around-25-million-to-build-deep-learning-hardware/amp/
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OpenAI Stock Investing GPTs Fail Basic Investment Question
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OpenAI's stock investing GPTs fail this basic question about stock investing They fail not by claiming falsehoods but by reiterating ignorance. https://
zdnet.com/article/openai
s-stock-investing-gpts-fail-this-basic-question-about-stock-investing/
… @OpenAI @OpenAIDevs -

Fiber-optic gold rush in AI and cybersecurity shifts
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Sell-side most interesting: A fiber-optic gold rush in AI, the big change in cyber-security Analysts are salivating over the opportunity for fiber-optic components in artificial intelligence, Semtech is one of the big beneficiaries, Micron Technology is going to see a big lift
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AI Clone Automates Founder Responses for Investors
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Yup, exactly. When we raised an early funding round, I built an AI version of myself to answer questions automatically. Investors loved it, and it saved me so much time. Amazing that Delphi now exists to do this for everyone.
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Predibase Recognized Among 100 Most Promising AI Companies 2024
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Woo-hoo! Thank you @CBinsights for recognizing @predibase on the 100 Most Promising Private #AI Companies of 2024. Full list: https://
pbase.ai/4anEa1p. Congrats @MistralAI @huggingface @wandb @runwayml @GroqInc @databricks @perplexity_ai @midjourney & all winners! -
Legal AI Startup Luminance Secures $40M Funding Round
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Scoop: Legal AI startup Luminance raised $40 million in funding from investors including March Capital, National Grid Partners, and Slaughter and May. The funding will help Luminance expand in the US with more staff and new offices, @ecbweaver tells me.
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Generative AI in Insurance: Understanding the AI Machine
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Generative #AI in insurance: How should we see the AI machine?
by Pravina Ladva @antgrasso @SwissRe Read more: https://
buff.ly/3TppPvp #Finance #BigData #ArtificialIntelligence #Digital cc: @karpathy @ravikikan @patrickgunz_ch -
Startup pivots from crypto to AI, seeks $2B valuation
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I'm sure the founding team has a well thought out strategy to build a real and valuable business. Founded in November, now seeking $2B valuation. "first conceived of as a crypto company but pivoted as AI took over Silicon Valley" —
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a16z Investment Metrics for Holdings and Fund Sales
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The metrics are calculated based on invested dollars for holdings and sales in a16z funds. None of the above should be taken as investment advice nor an offer to provide investment advisory services; references to any companies, securities, or digital assets are for