Conversion of AI services may be more difficult than VCS thinks
Venture capitalists are sure they have found their next big investment advantage. This uses AI to narrow down the margins like software from traditional labor-intensive services businesses. This strategy involves acquiring mature professional services companies, automating tasks to implement AI, and rolling up more companies with improved cash flow. The general catalyst (GC) leads the […]
DJI loses lawsuit against classification as a Chinese military company
A federal judge rejected the efforts of drone maker DJI to get off the Pentagon list of Chinese military companies. US District Judge Paul Friedman ruled on Friday that DOD provided “substantial evidence” that the DJI “contributes to China’s defense industrial bases.” Pointing to the use of modified DJI drones in the conflict between Russia […]
The billion-dollar infrastructure powers the AI boom
Running AI products requires a lot of computing power. As the technology industry taps on the power of AI models, parallel races are underway to build the infrastructure that powers them. Nvidia CEO Jensen Huang estimated in his recent revenue call that it will be spent on AI infrastructure by the end of the decade, […]
Wiz’s chief technist Ami Luttwak tells us how AI is transforming cyber attacks
“One important thing to understand about cybersecurity is that it’s a mind game,” Ami Luttwak, chief technist at cybersecurity firm Wiz, told TechCrunch in a recent episode of Equity. “As a wave of new technology comes, new opportunities exist [attackers] Start using it. ” The attack surface is growing as businesses rush to embed AI […]
Beware of colleagues who produce AI-generated “workslops”
In collaboration with Stanford Social Media Lab, researchers at consulting firm Betterup Labs have coined a new term to describe the low-quality, AI-generated work “Workslop.” As defined in an article published this week in Harvard Business Review, Workslop is “AI-generated work content that pretends to be a good job, but has no substance that will […]
Trump calls for Lisa Monaco, Head of Microsoft Fire Global Affairs
President Donald Trump declared Friday that Microsoft needs to fire Lisa Monaco, president of Global Affairs. She cited her role as “Merrick Garland, the senior national security aide under Barack Hussein Obama and the deputy attorney general obsessed with the boss of the crooked Joe Biden and Lisa’s puppet, Merrick Garland.” “My opinion is that […]
Korea is planning how Openai, Google and others have homemade AI
From high-tech giants to startups, Korean players are developing large-scale language models tailored to their own language and cultures that are ready to compete with global heavyweights such as Openai and Google. Last month, the country launched its most ambitious sovereign AI initiative to date, pledging 500 billion (approximately $390 million) to five local businesses […]
Famous robot player says that the humanoid robot bubble is destined to burst
Famous roboticist Rodney Brooks has awakening calls for investors to concentrate billions on humanoid robot startups. You’re wasting your money. Brooks, who co-founded Irobot and spent decades at MIT, is particularly skeptical of companies such as Tesla and Tesla, who are trying to teach robot dexterity by showing human videos. In his new essay, he […]
What’s behind the headlines of large AI data centers?
Silicon Valley flooded the news this week with headlines on wild AI infrastructure investment. Nvidia said it would invest up to $100 billion in Openai. Openai has since said it will build five more Stargate AI data centers with Oracle and SoftBank, adding new capacity gigawatts online over the next few years. It was later […]
Checkout.com’s new $12 billion valuation is half the situation for glass
Fintech Checkout.com announced Friday it reached a $12 billion valuation as part of its employee stock buyback program. On the one hand, there are few startups that can achieve big cone status, so $12 billion won’t sneeze. It’s a valuable company worthy enough to land founder and CEO Guillaume Pousaz on Forbes’ billionaires list. Meanwhile, […]