They quit Cohere to go into law. They say their new firm can avoid Weil's fate.
www.businessinsider.com — Lerer Hippeau is backing Blackletter, a new law firm started by former executives at Cohere and Blue J.
Startups
Startups are newly founded technology ventures focused on building artificial intelligence models, applications and infrastructure. Truncated covers their funding rounds, product launches, acquisitions and regulatory challenges.
Jonathan Kanter is using AI to take on Big Tech
The Verge — Could a tech advantage help governments get on equal footing with corporate giants?
Bain Capital’s Ajay Agarwal bet on robots when Silicon Valley wouldn’t. Now he sees a ‘golden era’ for physical AI
fortune.com — He backed Kiva way before Amazon’s $775 million acquisition. Now, Agarwal explains what's powering robotics' next act.
Vinod Khosla is betting AI will kill the static website
www.businessinsider.com — Billionaire VC Vinod Khosla is doubling down on Coframe, a startup that aims to turn websites into what it calls the "living internet."
Paper Unicorns Are Cheap. Building A $1B Revenue AI Company Takes A Multimarket Cap Table
news.crunchbase.com — AI startups should be judged by durable revenue, full-price renewals and healthy margins after delivery costs, with embedded customer workflows providing stronger defensibility as model access gets cheaper, rather than their paper valuation, writes guest author Ilman Shazhaev, founder and CEO of Dizzaract, who suggests that founders should build global investor bases that support customer acquisition and market entry while weighing venture growth expectations against sovereign-backed investors’ localization, governance and other obligations.
OpenAI and Anthropic Valuations Fall as AI Market Rout Hits Fundraising
Why Boson AI’s Toronto office is growing faster than its Silicon Valley HQ
betakit.com — The AI research lab has set up shop in Canada for its compute, talent, and predictability.
Chinese AI firms want Silicon Valley’s top minds. Poaching them won’t be easy
restofworld.org — Startups like MiniMax and Moonshot are setting up U.S. outposts, but massive pay gaps, weaker prestige, and national security tensions make luring talent away from OpenAI and Anthropic an uphill climb.
Sakana AI gears up for one of Japan's biggest startup IPOs
asia.nikkei.com — Generative AI developer's listing could top Mercari's valuation
NVIDIA Announces New Planned Investments in Korean Startups at the MSIT-NVIDIA AI Startup Partnership Forum
blogs.nvidia.com — Korea’s Ministry of Science and ICT and NVIDIA hosted the MSIT-NVIDIA AI Startup Partnership Forum at COEX.
I'm 22 and I bet $80,000 of my savings on an industrial AI startup. Now I'm dropping out of college to go all-in.
www.businessinsider.com — The 22-year-old founder of Y Combinator-backed Operon says his youth has helped him attract clients in an industry dominated by older executives.
JPMorgan and Mastercard back Seattle startup Firmly’s bet on AI shopping agents
GeekWire — Firmly raised $15 million to expand software that lets online retailers sell through AI shopping assistants, marketplaces and other channels without building a separate integration for each one. The company also launched Ask Agent, an AI shopping assistant for retailers' own websites.
Seaport offers preliminary thoughts on Anthropic stock By Investing.com
Investing.com — Seaport offers preliminary thoughts on Anthropic stock
Meta chief strategy officer Dave Wehner leaves to join AI infrastructure startup Fireworks as CFO
CNBC — Dave Wehner, Meta’s chief strategy officer, is leaving the company to become CFO of Fireworks, the AI infrastructure startup valued at $17.5 billion in July.
America's newest small business owners with no employees are off to a hot start in AI era
CNBC — New small business formation is rising for owners who can grow with AI serving in finance, marketing and design roles, eliminating the need for hiring.
I run the first forward-deployed engineer club in New York. Here's how to break into the role.
Business Insider — The founder of the first forward-deployed engineer association explains why FDE jobs are growing, what the role requires, and the latest hiring trend.
Neocloud Groq Aims to Double Value to $8 Billion Amid AI Selloff
OpenAI Completes $11 Billion Portion of Funding at $1.25 Trillion Value
Watch Jobs Boom Meets AI Market Turmoil
AI’s Newest Billionaires Want No Part of Superintelligence Race
news.bloomberglaw.com — The race to build ever more powerful artificial intelligence has created a new class of billionaires. Some of them are starting to question the race itself.
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