AI’s Big Day — Startup Safe Superintelligence Raises $1B At Reported $5B Valuation

BTW, OpenAI is raising funds at a $90 billion valuation — a threefold increase from earlier this year. It has real revenue and explosive growth. When will it go public? A: When existing shareholders believe there is no additional upside.

Continued hype is necessary for the industry, because so much money flowing in essentially allows the big players, like OpenAI, to operate free of economic worry and considerations. The money involved is staggering—Anthropic announced they would compete with OpenAI and raised 2 billion dollars to train their next-gen model, a European counterpart j... See more

Unlike the prior wave of AI startups, there are a clear set of infrastructure-centric companies with broad adoption and rapidly growing usage - this includes OpenAI, Stability.AI, Hugging Face, Weights and Biases, and others. While revenue is lagging usage for a subset of companies in this segment, it is ramping quickly in a manner not atypical for... See more

ai16z is a fully AI-managed tokenized venture DAO where agents evaluate investment opportunities suggested to it by the community, execute trades, evaluate the reputations of members based on the success of those trades, and grow the AUM of the fund. It’s been on a crazy speculative run over the past few weeks on the backs of a big vision and stron... See more