#tech-investment

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'It's dumb to IPO this year': Databricks CEO explains why he's waiting to go public | TechCrunch

Databricks raises $10 billion and delays IPO until at least 2025, citing market stability and high interest.
CEO Ali Ghodsi emphasizes thoughtful timing over immediate IPO rush.
#generative-ai

AI is finally delivering bang for its buck, according to Microsoft

Generative AI offers an average ROI of $3.70 for every $1 invested, with adoption rates significantly increasing among enterprises.

$4 billion more: Amazon deepens its bet on generative AI with Anthropic

Amazon invests heavily in Anthropic to enhance generative AI capabilities amid rising competition in the sector.

OpenAI sees $5 billion loss in 2024 and soaring sales as big ChapGPT fee hikes planned, report says

OpenAI faces a $5 billion loss this year despite rapid revenue growth, projecting $3.7 billion in revenue next year while raising fees on ChatGPT.

AI is finally delivering bang for its buck, according to Microsoft

Generative AI offers an average ROI of $3.70 for every $1 invested, with adoption rates significantly increasing among enterprises.

$4 billion more: Amazon deepens its bet on generative AI with Anthropic

Amazon invests heavily in Anthropic to enhance generative AI capabilities amid rising competition in the sector.

OpenAI sees $5 billion loss in 2024 and soaring sales as big ChapGPT fee hikes planned, report says

OpenAI faces a $5 billion loss this year despite rapid revenue growth, projecting $3.7 billion in revenue next year while raising fees on ChatGPT.
moregenerative-ai

Americans are desperately Googling how to move to Europe'. We should welcome them | Alexander Hurst

The EU must strategically use frozen assets and increase investment in tech startups to protect its economy and uphold democratic values in a challenging global landscape.

In the latest issue of Caixin's weekly magazine: Second Cover Story | AIGC Transforms Internet Marketing (powered by AI)

Chinese internet companies are leveraging AI to transform marketing, reduce costs, and enhance operational efficiency.

White House considers expanding Nvidia and AMD's AI chip export limits to additional countries | TechCrunch

The U.S. may limit AI chip sales to Gulf countries due to security concerns.
The Persian Gulf is becoming increasingly significant in the AI sector.
Efforts to restrict AI chip exports reflect broader U.S. tech competition strategies.
#venture-capital

Balderton Capital announces $1.3B fund for European tech

Balderton Capital closed $1.3bn funds to support European tech startups, showing confidence in the region's potential.

European Investment Bank crafts new funding plan to keep startups in the EU

EIB aims to support European startups through enhanced funding and initiatives to retain them within the region.

Motier Ventures unveils La Maison, a community space for the French tech ecosystem | TechCrunch

Motier Ventures launched La Maison to create a vibrant hub for early-stage startups in Paris.

Balderton Capital announces $1.3B fund for European tech

Balderton Capital closed $1.3bn funds to support European tech startups, showing confidence in the region's potential.

European Investment Bank crafts new funding plan to keep startups in the EU

EIB aims to support European startups through enhanced funding and initiatives to retain them within the region.

Motier Ventures unveils La Maison, a community space for the French tech ecosystem | TechCrunch

Motier Ventures launched La Maison to create a vibrant hub for early-stage startups in Paris.
moreventure-capital
#startup-funding

New 2M fund launches for Dutch early-stage tech startups

The Dutch Operator Fund I addresses funding gaps for early-stage tech startups in the Netherlands, with a focus on scalable business models.

Unify, an OpenAI Converge accelerator grad, lands $12M for 'warm outbound' messages | TechCrunch

Unify raises $12 million to enhance AI-driven sales and marketing by focusing on personalized outreach based on data analysis.

New 2M fund launches for Dutch early-stage tech startups

The Dutch Operator Fund I addresses funding gaps for early-stage tech startups in the Netherlands, with a focus on scalable business models.

Unify, an OpenAI Converge accelerator grad, lands $12M for 'warm outbound' messages | TechCrunch

Unify raises $12 million to enhance AI-driven sales and marketing by focusing on personalized outreach based on data analysis.
morestartup-funding
#silicon-valley

Generative AI is transforming Silicon Valley

Open AI is poised to become the second-ever $100bn-plus startup in America, signaling a major shift in the tech industry.

Keith Rabois says Miami is still a great place for startups, even as a16z leaves | TechCrunch

Keith Rabois is committed to establishing Miami as a new tech hub, highlighting its growing seed investment landscape despite challenges faced by other investors.

Generative AI is transforming Silicon Valley

Open AI is poised to become the second-ever $100bn-plus startup in America, signaling a major shift in the tech industry.

Keith Rabois says Miami is still a great place for startups, even as a16z leaves | TechCrunch

Keith Rabois is committed to establishing Miami as a new tech hub, highlighting its growing seed investment landscape despite challenges faced by other investors.
moresilicon-valley

Have we stopped to think about what LLMs actually model?

Tech leaders prioritize achieving artificial general intelligence despite high costs, as emphasized by OpenAI's CEO Sam Altman.

$800 million and nothing to show: How activists derailed Silicon Valley billionaires' dream city

Tech investors, despite their resources, face significant local resistance in their ambitious project to build a new city in Solano County.

UK VC Balderton announces 1.1B in new funds - Silicon Canals

Balderton Capital secured $1.3B to support European tech entrepreneurs from seed to IPO, attributing success to Europe's evolving tech ecosystem and impressive fund performance.

1 Extraordinary Stock Set to Join Microsoft, Apple, Nvidia, and Alphabet in the $2 Trillion Club | The Motley Fool

Amazon poised to join $2 trillion club due to tech investments and retail growth potential.

Coffee Shop Operations Software Provider Dripos Lands $11 Million Round

Dripos raised $11M in Series A funding to revolutionize coffee shop operations with their all-in-one software platform.

Apple's Jony Ive and OpenAI's Sam Altman seek funds for new AI personal device

Jony Ive and Sam Altman are working on an AI-powered personal device that won't resemble a smartphone.
They are seeking at least $1 billion in funding from prominent tech investors for their new venture.

CIO interview: Sandy Venugopal, SentinelOne | Computer Weekly

IT professionals are finding more opportunities in tech businesses than in traditional enterprises.
Quantifying tech investment in enterprise businesses needs an objective approach.

Brooklyn's Sen. Chuck Schumer threatened by Trump with military tribunal and imprisonment

Former President Donald Trump threatened Senator Chuck Schumer and other political opponents with tribunals and imprisonment on social media.
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