Super excited to collab on @modal_labs NYC AI Hackathon, come grind with us on 8/26!
STARTUPS
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CoreWeave: Largest Private GPU Operator in North America
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"With over 45,000 GPUs in our fleet, we are the largest private operator of GPUs in North America." Numbers feel right to me https://
coreweave.com/blog/we-are-co
reweave
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Solo Founder D2C Businesses: Profitable With Minimal Time Investment
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There are a crazy number of profitable D2C businesses started and run by a solo founder who spends very little time on them. Don’t know why it seems to work more in that category than others, but it does
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xAI: Elon Musk’s Initiative Explained
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What do we know about xAI, the initiative led by Elon Musk? https://actuia.com/actualite/que-sait-on-de-xai-linitiative-dirigee-par-elon-musk/ … #AI #artificialintelligence
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AI-Focused Investments: Pre-Seed, New Products, Dev Tools
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Ai focused, pre/seed, net new things vs existing tool+ai, dev tools, infra
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Statistics on Idea Failure Rates and Innovation Success
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Love these stats from @ronnyk on what % of ideas fail pic.twitter.com/XqGlVB5Oa8
— Lenny Rachitsky (@lennysan) 4 août 2023Love these stats from @ronnyk on what % of ideas fail
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Digital Health Startups Transforming Healthcare System Through Innovation
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How Digital Health Startups Can Help Revise The Healthcare System
#AI #AIio #BigData #ML #NLU #Futureofwork @nigelwalsh @pbouillaud @PatrickGunz_CH @pierrepinna @RebekahRadice @Ronald_vanLoon @sbmeunier
@Shirastweet http://
ow.ly/1IBV30swzJz -
CoreWeave Raises $2.3B Debt Collateralized by Nvidia Chips
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https://
reuters.com/technology/cor
eweave-raises-23-billion-debt-collateralized-by-nvidia-chips-2023-08-03/
… cc @aashaysanghvi_ -

Smart GPU Financing: Collateral and Depreciation Strategies
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When actual finance guys get into AI infra, they think of actually smart ways to finance their growth re: don't sell equity for GPUs. "We negotiated with them to find a schedule for how much collateral to go into it, what the depreciation schedule was going to be versus the
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Union Square Ventures cuts VC fund valuations amid market shift
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"This will be the new normal for the next 18 months..the smarter guys like USV are going to start doing this and that's going to start a cascade." https://
businessinsider.com/union-square-v
entures-cut-value-of-vc-funds-2023-7?r=US&IR=T
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