INVESTMENT

→ View original post on X — @aravsrinivas

Building Transparent Advertising Business to Disrupt Big Tech

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@aravsrinivas

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27 June 2023 21h52

It's also hard to build advertising business in the same way they've built, if you want to actually disrupt them. It's not just about the bidding system, but also delivering sufficient transparency and analytics to the advertiser for their performance advertising and how to

→ View original post on X — @tiernanraytech

Nvidia Partners with Snowflake for LLM GPU Infrastructure

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@tiernanraytech

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27 June 2023 21h12

Nvidia teams up with Snowflake for large language model AI Snowflake is extending its Snowpark offering with GPU instances https://
zdnet.com/article/nvidia
-teams-up-with-snowflake-for-large-language-model-ai/
… $NVDA $SNOW #investing #AI #generativeAI #database

AI Content Flood, Brand Impact, Stability Departures, Redpanda Funding

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27 June 2023 21h01

Stories featured from @jjvincent (crap AI content flooding the web), the @NewsGuardRating team (brands unintentionally advertising against AI content), @rachelmetz (Stability AI departures), @ron_miller (streaming data startup Redpanda raises $100M)

MosaicML Acquisition: $400M Valuation and VC Returns

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27 June 2023 20h49

MosaicML, from what I understand, was looking to raise at a $400M valuation earlier this year. That led into conversations w/ DB and its acquisition. It's also an enormous outcome for its investors: Lux, Maverick, Future, Playground Global, and others.

Databricks Acquires MosaicML to Lower ML Model Development Costs

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27 June 2023 20h48

Databricks, meanwhile, wants to build tools to enable companies to build machine learning models from scratch and serve them. That end-to-end is reinforced by its acquisition of MosaicML, which aimed to bring down the cost of building custom ML models from scratch for companies.

Snowflake and Databricks Intensify Rivalry with Major Moves

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27 June 2023 20h46

Snowflake and Databricks' rivalry is entering a new chapter as they both made substantial announcements this week: Snowflake with a series of product announcements, and Databricks with its $1.3 billion acquisition of MosaicML.

→ View original post on X — @nathanbenaich

Massive Investment Wave in Foundation Model Companies

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@nathanbenaich

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27 June 2023 20h41

The rate at which investors are ripping checks into money hoovering foundation model companies is making James Dyson envious.

→ View original post on X — @dominodatalab

Generative AI Transforms Enterprises with Proprietary Solutions

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@dominodatalab

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27 June 2023 19h24

Generative #AI is transforming enterprises – it's not hype, it's the future! 94% agree, organizations need proprietary #GenAI for control & uniqueness. Learn more in this @VentureBeat piece. https://
domino.buzz/3Xq21rD #DataScience