Startup developments

by @micshasan
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Agents are the 'third wave' of the AI revolution

Agentic AI represents a transformative third wave in artificial intelligence, focusing on intelligent agents that can autonomously manage complex tasks.

Mark Cuban says AI won't have much of an impact on jobs that require you to think

Artificial Intelligence is expected to disrupt jobs that require simple decision-making, while enhancing complex roles through automation and human oversight.

Here's the full list of 39 US AI startups that have raised $100M or more in 2024 | TechCrunch

Venture funding for AI companies surged to $18.9 billion in Q3 2024, reflecting strong investor confidence in the sector.
OpenAI's $6.6 billion venture round marked the largest deal in venture capital history.
Major funding rounds in AI demonstrate that investor interest remains high despite signs of AI fatigue.

Reddit is dominated by millennials. I have some theories on why.

Reddit is predominantly used by millennials, with 43.3% of its logged-in users belonging to this generation, reflecting content aligned with their interests.

Elon Musk Has Wiped Out a Shocking Amount of Twitter's Value In Less Than 2 Years

Musk's acquisition of Twitter has drastically devalued the platform, with Fidelity reporting a 78.7% decline in its investment stake.

Y Combinator is being criticized after it backed an AI startup that admits it basically cloned another AI startup | TechCrunch

PearAI initially mismanaged an open-source license, leading to controversy and an apology from the founder, who acknowledged the mistake and corrected the license.
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