Tag: Startups
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The FTC has launched an investigation of several big tech companies’ AI investments and partnerships. The investigation could spell trouble for big tech and cut AI off from a major source of funding. From a new report by CNBC: The Federal Trade Commission said Thursday it will conduct an extensive…
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+ AI, Artificial Intelligence, Finance, Investing, Money, OpenAI, Startups, Stock Market, Stocks, Tech, Venture Capital+
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What does it take to raise money right now? Here’s what I’m seeing in the market for pre-seed, seed, and Series A: Pre-Seed: $100k ARR or less Pre-seed deals usually have a trickle of revenue, but not much more. I did a pre-seed deal recently at $75k ARR — on…
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Just about every day, a startup raises hundreds of millions to build an LLM. But the real winner in the LLM race won’t be a startup. LLM’s Are Becoming Commoditized Every morning, I launch a browser set to open to 3 tabs: GPT-4, Bard, and a model from a startup…
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“I love this team and your product is amazing! I just couldn’t get my partners there. We’ll be cheering from the sidelines!” How many times have you heard that? Well, you won’t hear it from me. “They Never Give a Reason” I recently spoke with Mike*, the founder of a…
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Travis Kalanick’s first company got him sued for $250 billion. Time to quit the startup game, right? Wrong. Third Time’s a Charm Travis is known as the brilliant founder of Uber and CloudKitchens. But his first company, a file sharing service called Scour, was a disaster. Angry about music being…
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Your next car could be made by a robot. Humanoid robots from startup Figure will begin working in BMW factories over the next two years in a major step for robotics. From Reuters: Robotics startup Figure said it has signed a partnership with BMW Manufacturing to deploy its humanoid robots…
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+ AI, Artificial, Artificial Intelligence, BMW, Manufacturing, Robotics, Robots, Startups, Tech, Venture Capital+
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“Can you tell me your current revenue and burn?” “We’re at $4,000 MRR and we’re profitable.” “Uhh, excuse me?” The founder probably saw my jaw drop on Zoom. I’d never seen such an early stage company make a profit. A Clever Move How did they do it? By building their…
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Elon Musk’s new Optimus robot can fold t-shirts. How long until it’s making them? Musk released a video of Tesla’s new Optimus robot folding a t-shirt yesterday on X: The short video shows the robot slowly but surely turning a t-shirt into a neat little package. Robots usually struggle with…
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What if you could make yourself look any way you want, all with a couple of clicks? A new AI tool called uPix is making it happen. UPix lets you upload a picture of yourself and create a new version of your image. You can become a cyberpunk, Iron Man,…
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So I got a new mentor! He listens patiently, then jumps in with helpful suggestions. And since he’s not human, he’s available around the clock. His name is Sama AI, a new app just released by a startup called Welovenocode. Sama AI listens to your conversations and gives you tips…
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Tremendous 