Reddit has reportedly signed a $60M annual deal granting an AI firm access to its user-generated content for model training. Data is the new gold, and social media platforms are the goldmines. Notably, the deal is coming prior to the company’s upcoming IPO ($$).
INVESTMENT
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Sam Altman’s $7T AI Venture and Project Izanagi Merger Discussion
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$100 Billion is an insane amount of money, but almost seems puny compared to Sam's $7T. While Project Izanagi and Sam Altman's venture are seperate, the two have reportedly spoken about potentially ‘joining forces’.
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SoftBank launches Project Izanagi: $100B AI chip venture
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SoftBank founder and billionaire Masayoshi Son is reportedly looking to raise $100B to launch ‘Project Izanagi’.
— Rowan Cheung (@rowancheung) 19 février 2024
The AI chip venture aims to compete with NVIDIA and push towards AGI.
$30B is potentially from SoftBank and $70B from Middle Eastern backers. pic.twitter.com/5bpX6pDcAHSoftBank founder and billionaire Masayoshi Son is reportedly looking to raise $100B to launch ‘Project Izanagi’. The AI chip venture aims to compete with NVIDIA and push towards AGI. $30B is potentially from SoftBank and $70B from Middle Eastern backers.
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Masayoshi Son raises $100B for new AI chip venture
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AI NEWS: Japanese multi-billionaire Masayoshi Son is raising $100B for a new AI chip venture. Plus, more developments over the weekend from Reddit, Mistral AI, Apple, ElevenLabs, the NBA, and Air Canada. Here's everything you need to know:
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Sequoia Supports Open Source with FastAPI Fellow Program
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It's wonderful that @sequoia is putting this together to support Open Source to benefit everyone. Thank you @roelofbotha
! Am also a huge fan of your first Open Source Fellow @tiangolo — I was literally using his FastAPI framework today to deploy an app! -
AI Art NFT Collection Floor Price Offer Ethereum
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While supply last "300 Eth floor" #QuintessentialAI or #CryptoAIArt or #AIPrincesses holders or wallets with 8 #RektBird or more can get one "Quintessential Abstract Expressionism" for 0.288 Eth ! OpenSea: https://
opensea.io/assets/ethereu
m/0x495f947276749ce646f68ac8c248420045cb7b5e/2392630434290240917728431095880785304289144848761899072947383056206561017944
… #MontrealAI -
Fund 2 Dynamics: Average Rates and Portfolio Growth Analysis
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To understand context here a bit:
Whats the average rate of funds doing a fund 2 and whats the portfolio size increase? But there is for sure some “brand effect” – one of the reasons people logo-hunt, isnt it? -
AGI Club: The Conclave of Visionaries NFT Community
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[ AGI Club: The Conclave of Visionaries ] "Innovate, Lead, Belong: Forge Futures, Own Tomorrow." Mint in $AGI by AGI.Eth. WebPage : https://
quebecartificialintelligence.com/agiclub #AGIClub #MontrealAI #QuebecAI #NFT #NFTCommunity -
140,000 AGI Businesses Needed to Capture 10% Market
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[ The Businesses of AGI ] “To capture 10% of the $14 quadrillion AGI market, assuming a conservative average valuation of $10 billion per business, approximately 140,000 businesses of AGI would be needed.” By http://
QUEBEC.AI: https://
quebecartificialintelligence.com/about #AGIFirst #QuebecAI -
Capturing 10% of the $14 Quadrillion AGI Market Opportunity
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[ The Businesses of AGI ] “To capture 10% of the $14 quadrillion AGI market, assuming a conservative average valuation of $10 billion per business, approximately 140,000 businesses of AGI would be needed.” By http://
QUEBEC.AI: https://
quebecartificialintelligence.com/about #AGIFirst #QuebecAI