INVESTMENT

Startups Recruit Google and Meta AI Talent with Impact Pitches

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22 June 2023 19h28

The pitch for those startups wooing Googlers and Meta employees is pretty straightforward: you get to work on problems that have massive impact under really novel constraints, and you don't need the firepower you might have originally needed at Google/Meta/Etc.

Startups Lower ML Model Training and Serving Barriers

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22 June 2023 19h28

As the cultures change here—at Meta or otherwise—the net beneficiary is likely to be the startups. Companies like MosaicML/Modal/Anyscale are trying to drop the barrier to training and serving ML models, and a lot of very cool research is being done on compact models.

AI Hype Reshapes Research Talent Competition at Big Tech

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22 June 2023 19h28

The hype around AI products is quickly changing the way research divisions work within larger orgs. Companies like Meta and Google have spent the last decade wooing some of the smartest minds in machine learning out of academia with the promise of working on cutting-edge tech.

Meta Refocuses on Commercial Products, Cuts Bio Research

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22 June 2023 19h28

Case in point, the WSJ over the weekend published a piece on how Meta is refocusing its efforts to serve commercial products. My understanding is some of its more "out there" projects will be facing scrutiny. Its bio research team, for example, is one I've heard was impacted.

→ View original post on X — @mustafasuleyman

Top AI Experts from Major Tech Companies Join Our Team

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@mustafasuleyman

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22 June 2023 18h34

Our small team includes some of the very best AI experts and engineers, who previously built the largest LLMs at DeepMind, Google, Microsoft, OpenAI and Meta. It’s down to this team that we outperform other companies despite being a year old. Join us!

→ View original post on X — @jordannovet

AWS launches $100M generative AI innovation lab initiative

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@jordannovet

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22 June 2023 18h31

new: AWS is forming a generative AI innovation lab and putting $100 million behind the effort. AWS CEO Adam Selipsky told me he sees the market as a long race https://
cnbc.com/2023/06/22/aws
-invests-100-million-in-generative-ai-as-it-sees-a-long-race-ahead.html
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→ View original post on X — @ryan_browne_

Amazon Reportedly Interested in Acquiring Ocado

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@ryan_browne_

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22 June 2023 13h40

Big!! Ocado shares are up more than 40% after a Times report that Amazon is among companies interested in buying the company outright. https://
cnb.cx/42S8EnF