𝗧𝗵𝗲 𝗛𝗶𝗱𝗱𝗲𝗻 𝗟𝗶𝗻𝗸 𝗕𝗲𝘁𝘄𝗲𝗲𝗻 𝗩𝗮𝗹𝘂𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗮𝗻𝗱 𝗔𝗜 𝗚𝗿𝗼𝘄𝘁𝗵: 𝗟𝗲𝗴𝗮𝗹 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗳𝗼𝗿 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀 As both a value investor and business lawyer, I’ve learned that high-profile partnerships often hold unseen complexities. The recent friction between OpenAI and Microsoft is a perfect case study in how even the most promising alliances can face significant hurdles. 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗣𝗿𝗲𝘀𝘀𝘂𝗿𝗲𝘀 𝗮𝗻𝗱 𝗚𝗿𝗼𝘄𝘁𝗵 𝗣𝗿𝗼𝗷𝗲𝗰𝘁𝗶𝗼𝗻𝘀 Despite Microsoft’s $13 billion investment in OpenAI, the AI giant faces significant financial pressure, with projected losses of $5 billion this year and an expected $44 billion in losses by 2028. This comes as OpenAI is valued at an impressive $150 billion, driven by its groundbreaking AI advancements. However, even with this massive valuation, OpenAI has had to seek additional resources from Microsoft to keep pace with its ambitious projects, particularly in computing power. 𝗧𝗵𝗲 𝗔𝗚𝗜 𝗖𝗹𝗮𝘂𝘀𝗲: 𝗔 𝗟𝗲𝗴𝗮𝗹 𝗘𝘀𝗰𝗮𝗽𝗲 𝗛𝗮𝘁𝗰𝗵 A crucial aspect of their agreement is the AGI clause. If OpenAI achieves Artificial General Intelligence (AGI), Microsoft would lose access to OpenAI’s technology. What makes this particularly interesting is that OpenAI’s board holds the discretion to declare when AGI is reached, giving it significant leverage to renegotiate or even exit the partnership. Originally designed to prevent monopolization, this clause now provides OpenAI with a powerful tool as it reassesses its strategic options with Microsoft. 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗲𝘀: 𝗗𝗶𝘃𝗲𝗿𝘀𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗡𝗲𝘄 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽𝘀 With these tensions rising, Microsoft has taken steps to reduce its reliance on OpenAI by diversifying its AI investments. It has hired talent from competitors like Inflection AI and is exploring alternative AI projects to maintain its competitive edge. Meanwhile, OpenAI has secured $6.6 billion in new funding from partners like Nvidia, reinforcing its financial position and reducing its dependency on Microsoft’s resources. 𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀 𝗳𝗼𝗿 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗮𝗻𝗱 𝗟𝗮𝘄𝘆𝗲𝗿𝘀 For me, this case reinforces an essential lesson for both investors and business lawyers: even the most promising partnerships can conceal hidden challenges. "𝘐𝘵’𝘴 𝘯𝘰𝘵 𝘫𝘶𝘴𝘵 𝘢𝘣𝘰𝘶𝘵 𝘵𝘩𝘦 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭𝘴—𝘪𝘵’𝘴 𝘢𝘣𝘰𝘶𝘵 𝘶𝘯𝘥𝘦𝘳𝘴𝘵𝘢𝘯𝘥𝘪𝘯𝘨 𝘵𝘩𝘦 𝘧𝘪𝘯𝘦 𝘱𝘳𝘪𝘯𝘵, 𝘯𝘢𝘷𝘪𝘨𝘢𝘵𝘪𝘯𝘨 𝘦𝘷𝘰𝘭𝘷𝘪𝘯𝘨 𝘥𝘺𝘯𝘢𝘮𝘪𝘤𝘴, 𝘢𝘯𝘥 𝘢𝘱𝘱𝘭𝘺𝘪𝘯𝘨 𝘴𝘵𝘳𝘢𝘵𝘦𝘨𝘪𝘤 𝘧𝘰𝘳𝘦𝘴𝘪𝘨𝘩𝘵". In fast-moving industries like AI, where innovation pushes the limits, legal and financial insights are indispensable. #Entrepreneurship #Leadership #Innovation #Technology #Valueinvestors #RiskReward #AIgrowth #Partnerships #AGI #CorporateLaw #BusinessLaw #InvestmentStrategies
PERVALUE CAPITAL
Investment Management
London , England 3 followers
Investments, Venture Capital and Startups - Funds Formation - International Legal and Regulatory Expertise.
About us
Investments, Venture Capital and Startups - Funds Formation - Private Deals and M&A - Strategic Advisory & Business Development - International Law and Regulatory Expertise.
- Website
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www.pervalue.com
External link for PERVALUE CAPITAL
- Industry
- Investment Management
- Company size
- 2-10 employees
- Headquarters
- London , England
- Type
- Partnership
- Founded
- 2015
- Specialties
- Advisory and Business Consulting and Services
Locations
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Primary
11 Glenthorne Road
Suíte 206, Britannia House
London , England W6 0LH, GB
Updates
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𝗔𝗜’𝘀 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗥𝗼𝗹𝗲 𝗶𝗻 𝗠𝗼𝗱𝗲𝗿𝗻 𝗖𝗼𝗿𝗽𝗼𝗿𝗮𝘁𝗲 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 As AI becomes central to corporate governance, its role goes beyond efficiency, addressing complex needs such as data privacy, ethics, risk, and regulatory compliance. According to recent insights, there are four essential ways boards can leverage AI effectively: 𝟭. 𝗖𝗹𝗮𝗿𝗶𝗳𝘆𝗶𝗻𝗴 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝘆: Boards can align AI initiatives with company strategy, ensuring AI projects are integrated into long-term goals rather than operating in isolation. 𝟮. 𝗗𝗲𝗳𝗶𝗻𝗶𝗻𝗴 𝗠𝗲𝘁𝗿𝗶𝗰𝘀: Establishing metrics that measure AI's value in governance and overall business impact helps track progress and justify investments. 𝟯. 𝗙𝗼𝘀𝘁𝗲𝗿𝗶𝗻𝗴 𝗥𝗲𝘀𝗽𝗼𝗻𝘀𝗶𝗯𝗹𝗲 𝗨𝘀𝗲: AI can reinforce ethical standards in operations and decision-making, supporting transparent, fair outcomes across the organization. 𝟰. 𝗘𝗻𝗵𝗮𝗻𝗰𝗶𝗻𝗴 𝗔𝗜 𝗟𝗶𝘁𝗲𝗿𝗮𝗰𝘆: By boosting board literacy in AI, companies empower leaders to oversee AI’s evolving risks and opportunities confidently. This approach not only enhances governance but aligns with broader ESG principles by promoting accountability to shareholders, stakeholders, and customers alike. #CorporateGovernance #AIinBusiness #DataPrivacy #EthicalAI #RiskManagement #BoardLeadership #ResponsibleAI #BusinessStrategy #GovernanceTransformation #FutureOfWork #Innovation #Entrepreneurship #Leadership #Governance
Four ways boards can support the effective use of AI
https://corpgov.law.harvard.edu
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𝗧𝗵𝗲 𝗘𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻 𝗼𝗳 𝗔𝗜: 𝗔𝗻 𝗜𝗻𝘃𝗶𝘁𝗮𝘁𝗶𝗼𝗻 𝘁𝗼 𝗘𝘅𝗽𝗹𝗼𝗿𝗲 I typically share my book and paper recommendations in private, but this one feels different. It’s a must-read for anyone curious about the world we’re entering. What I love most about this piece is how it traces AI’s roots back to theoretical work by pioneers like Alan Turing and John McCarthy, showcasing the progression from early ideas of 'thinking machines' to the sophisticated neural networks that drive innovations today. For me, curiosity is one of the greatest qualities we possess as human beings, and learning about AI’s role in shaping our future feels like the perfect way to channel that curiosity. #Innovation #entrepreneurship #leadership #Technology
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𝗣𝗲𝘁𝗲𝗿 𝗧𝗵𝗶𝗲𝗹’𝘀 𝗩𝗶𝘀𝗶𝗼𝗻: 𝗔 𝗥𝗲𝗳𝗹𝗲𝗰𝘁𝗶𝗼𝗻 𝗼𝗻 𝗚𝗹𝗼𝗯𝗮𝗹 𝗣𝗼𝗹𝗶𝘁𝗶𝗰𝘀, 𝗔𝗜, 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻, 𝗮𝗻𝗱 𝗛𝘂𝗺𝗮𝗻 𝗔𝗴𝗲𝗻𝗰𝘆 In a recent conversation, Peter Thiel shared his insights on some of the most critical issues of our time. His thoughts push us to reconsider the way we approach the future, technology, and our role in shaping it. Here are 𝗳𝗶𝘃𝗲 𝗸𝗲𝘆 𝗿𝗲𝗳𝗹𝗲𝗰𝘁𝗶𝗼𝗻𝘀: 𝗚𝗹𝗼𝗯𝗮𝗹 𝗣𝗼𝗹𝗶𝘁𝗶𝗰𝘀 𝗮𝗻𝗱 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆: Thiel warns of a looming decoupling between the U.S. and China, driven by escalating tensions over Taiwan. He emphasizes that businesses need to prepare for a world where 𝗴𝗹𝗼𝗯𝗮𝗹 𝘀𝘂𝗽𝗽𝗹𝘆 𝗰𝗵𝗮𝗶𝗻𝘀 𝗰𝗼𝘂𝗹𝗱 𝗯𝗲 𝗱𝗶𝘀𝗿𝘂𝗽𝘁𝗲𝗱 𝗼𝘃𝗲𝗿𝗻𝗶𝗴𝗵𝘁. The time to diversify away from China is now. 𝗧𝗵𝗲 𝗥𝗲𝗮𝗹𝗶𝘁𝘆 𝗕𝗲𝗵𝗶𝗻𝗱 𝗔𝗜 𝗛𝘆𝗽𝗲: While AI is often hailed as the next big revolution, 𝗧𝗵𝗶𝗲𝗹 𝘀𝗲𝗲𝘀 𝗽𝗮𝗿𝗮𝗹𝗹𝗲𝗹𝘀 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗶𝗻𝘁𝗲𝗿𝗻𝗲𝘁 𝗯𝘂𝗯𝗯𝗹𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗹𝗮𝘁𝗲 𝟭𝟵𝟵𝟬𝘀. He points out that only a few companies, like Nvidia, are truly capitalizing on AI’s potential at the moment. The rest of the market may be caught in over-inflated expectations, raising important questions about where real value will emerge. 𝗛𝗶𝗴𝗵𝗲𝗿 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗖𝗿𝗶𝘀𝗶𝘀: Thiel argues that higher education is stuck in a bubble, with 𝘀𝗸𝘆𝗿𝗼𝗰𝗸𝗲𝘁𝗶𝗻𝗴 𝘀𝘁𝘂𝗱𝗲𝗻𝘁 𝗱𝗲𝗯𝘁 𝗮𝗻𝗱 𝗱𝗶𝗺𝗶𝗻𝗶𝘀𝗵𝗶𝗻𝗴 𝗿𝗲𝘁𝘂𝗿𝗻𝘀 𝗳𝗼𝗿 𝗴𝗿𝗮𝗱𝘂𝗮𝘁𝗲𝘀. His Fellowship program, which encourages young people to pursue entrepreneurial ventures instead of traditional schooling, highlights the need for a fundamental rethinking of how we approach education. 𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗔𝗜 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽: With industry giants like Elon Musk, Mark Zuckerberg, and Sam Altman leading AI advancements, Thiel remains cautious about predicting a winner. However, he underscores that the real profits are being made in hardware—specifically Nvidia’s dominance in chip-making—suggesting that 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗔𝗜 𝗺𝗮𝘆 𝗹𝗶𝗲 𝗶𝗻 𝗮𝗿𝗲𝗮𝘀 𝘄𝗲 𝗮𝗿𝗲𝗻’𝘁 𝘆𝗲𝘁 𝗳𝘂𝗹𝗹𝘆 𝗳𝗼𝗰𝘂𝘀𝗲𝗱 𝗼𝗻. 𝗧𝗵𝗲 𝗣𝗼𝘄𝗲𝗿 𝗼𝗳 𝗛𝘂𝗺𝗮𝗻 𝗔𝗴𝗲𝗻𝗰𝘆: Perhaps most compelling is Thiel’s rejection of both extreme pessimism and blind optimism. He argues that the 𝗳𝘂𝘁𝘂𝗿𝗲 𝗶𝘀 𝗻𝗼𝘁 𝗮 𝗺𝗮𝘁𝘁𝗲𝗿 𝗼𝗳 𝗳𝗮𝘁𝗲 𝗼𝗿 𝗹𝘂𝗰𝗸—𝗶𝘁’𝘀 𝘀𝗵𝗮𝗽𝗲𝗱 𝗯𝘆 𝘁𝗵𝗲 𝗰𝗵𝗼𝗶𝗰𝗲𝘀 𝘄𝗲 𝗺𝗮𝗸𝗲 𝘁𝗼𝗱𝗮𝘆. Thiel challenges us to embrace human agency, recognizing that the decisions we make now will determine the world we live in tomorrow. Thiel’s insights urge us to pause and reconsider our assumptions about technology, the economy, and education. In a rapidly changing world, 𝘁𝗵𝗲 𝗽𝗼𝘄𝗲𝗿 𝘁𝗼 𝘀𝗵𝗮𝗽𝗲 𝘁𝗵𝗲 𝗳𝘂𝘁𝘂𝗿𝗲 𝗹𝗶𝗲𝘀 𝗻𝗼𝘁 𝗶𝗻 𝗮𝗯𝘀𝘁𝗿𝗮𝗰𝘁 𝗳𝗼𝗿𝗰𝗲𝘀, 𝗯𝘂𝘁 𝗶𝗻 𝗼𝘂𝗿 𝗼𝘄𝗻 𝗵𝗮𝗻𝗱𝘀. #Leadership #Innovation #Entrepreneurship #Technology #AI #Education
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𝗜𝗻𝘀𝗶𝗱𝗲 𝗔𝗹𝘁𝗼𝘀 𝗟𝗮𝗯𝘀: 𝗛𝗼𝘄 $𝟯 𝗕𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝗥&𝗗 𝗳𝗿𝗼𝗺 𝗩𝗖 𝗶𝘀 𝗙𝘂𝗲𝗹𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗼𝗳 𝗥𝗲𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗶𝘃𝗲 𝗠𝗲𝗱𝗶𝗰𝗶𝗻𝗲 In the fast-evolving field of biotechnology, Altos Labs stands out as a true game-changer. Supported by visionary venture capital, Altos is spearheading a new era in health through pioneering research into cell rejuvenation with the goal of reversing disease. Their mission transcends traditional approaches to aging, aiming for a radical shift in how we understand and treat the cellular processes that drive aging and disease. 𝗧𝗵𝗲 𝗦𝗰𝗶𝗲𝗻𝗰𝗲 𝗕𝗲𝗵𝗶𝗻𝗱 𝘁𝗵𝗲 𝗩𝗶𝘀𝗶𝗼𝗻 Altos Labs builds on the 𝗿𝗲𝘃𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝗮𝗿𝘆 𝘄𝗼𝗿𝗸 𝗼𝗳 𝗦𝗵𝗶𝗻𝘆𝗮 𝗬𝗮𝗺𝗮𝗻𝗮𝗸𝗮, whose discovery in 2006 showed that cells can be reprogrammed into a youthful, embryonic-like state. 𝗔𝗹𝘁𝗼𝘀 𝗙𝗼𝘂𝗻𝗱𝗶𝗻𝗴 𝗦𝗰𝗶𝗲𝗻𝘁𝗶𝘀𝘁 𝗝𝘂𝗮𝗻 𝗖𝗮𝗿𝗹𝗼𝘀 𝗜𝘇𝗽𝗶𝘀𝘂𝗮 𝗕𝗲𝗹𝗺𝗼𝗻𝘁𝗲 expanded this concept in 2016 by demonstrating the possibility of “𝗽𝗮𝗿𝘁𝗶𝗮𝗹” 𝗿𝗲𝗽𝗿𝗼𝗴𝗿𝗮𝗺𝗺𝗶𝗻𝗴. This method allows cells to become more resilient to stress and disease without losing their identity—paving the way for cellular rejuvenation that could transform how we treat age-related diseases and conditions. 𝗔𝗜-𝗗𝗿𝗶𝘃𝗲𝗻 𝗜𝗻𝗻𝗼𝘃𝗮𝘁𝗶𝗼𝗻 Altos Labs’ progress is powered not only by 𝗰𝘂𝘁𝘁𝗶𝗻𝗴-𝗲𝗱𝗴𝗲 𝗯𝗶𝗼𝗹𝗼𝗴𝗶𝗰𝗮𝗹 𝘀𝗰𝗶𝗲𝗻𝗰𝗲 𝗯𝘂𝘁 𝗮𝗹𝘀𝗼 𝗯𝘆 𝗮𝗿𝘁𝗶𝗳𝗶𝗰𝗶𝗮𝗹 𝗶𝗻𝘁𝗲𝗹𝗹𝗶𝗴𝗲𝗻𝗰𝗲. AI accelerates discovery by modeling cellular processes, predicting outcomes, and optimizing reprogramming techniques. This 𝗶𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗔𝗜 into the research process allows Altos to expedite the development of applications that could reshape the future of regenerative medicine. 𝗩𝗲𝗻𝘁𝘂𝗿𝗲 𝗖𝗮𝗽𝗶𝘁𝗮𝗹 𝗮𝗻𝗱 𝘁𝗵𝗲 𝗣𝗮𝘁𝗵 𝗙𝗼𝗿𝘄𝗮𝗿𝗱 As of the latest available data, Altos Labs has raised over $𝟯 𝗯𝗶𝗹𝗹𝗶𝗼𝗻 𝗶𝗻 𝘃𝗲𝗻𝘁𝘂𝗿𝗲 𝗰𝗮𝗽𝗶𝘁𝗮𝗹 𝗳𝘂𝗻𝗱𝗶𝗻𝗴, 𝗽𝗿𝗶𝗺𝗮𝗿𝗶𝗹𝘆 𝘁𝗼 𝘀𝘂𝗽𝗽𝗼𝗿𝘁 𝗶𝘁𝘀 𝗿𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗮𝗻𝗱 𝗱𝗲𝘃𝗲𝗹𝗼𝗽𝗺𝗲𝗻𝘁 efforts in cellular rejuvenation and anti-aging technologies. This significant investment demonstrates the high level of confidence that venture capitalists have in the company's potential to disrupt the healthcare and biotech industries. Investors include notable names such as 𝗝𝗲𝗳𝗳 𝗕𝗲𝘇𝗼𝘀 𝗮𝗻𝗱 𝗬𝘂𝗿𝗶 𝗠𝗶𝗹𝗻𝗲𝗿, further underscoring the magnitude of the mission Altos Labs has embarked on. 𝗔 𝗙𝘂𝘁𝘂𝗿𝗲 𝗕𝗲𝘆𝗼𝗻𝗱 𝗔𝗴𝗶𝗻𝗴 If successful, Altos Labs could revolutionize medicine, making the reversal of diseases linked to aging a reality. Their work holds the promise of a future where healthspan—how long we remain healthy—is dramatically extended. Altos Labs is not just imagining a world free from the limitations of aging; they are actively building it. #Innovation #entrepreneurship #leadership
A $3bn bet on finding the fountain of youth
economist.com
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𝗧𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗶𝗻𝗴 𝗔𝗜 𝗔𝗰𝗰𝗲𝘀𝘀 𝗳𝗼𝗿 𝗦𝗺𝗮𝗹𝗹 𝗮𝗻𝗱 𝗠𝗲𝗱𝗶𝘂𝗺 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀 The landscape of artificial intelligence is undergoing a seismic shift, driven by unprecedented cost reductions and innovative technologies. According to ARK Invest, the cost to operate 𝗔𝗜 𝗺𝗼𝗱𝗲𝗹𝘀 𝗶𝘀 𝗱𝗲𝗰𝗹𝗶𝗻𝗶𝗻𝗴 𝗮𝘁 𝗮 𝘀𝘁𝗮𝗴𝗴𝗲𝗿𝗶𝗻𝗴 𝗿𝗮𝘁𝗲, 𝗵𝗮𝗹𝘃𝗶𝗻𝗴 𝗮𝗽𝗽𝗿𝗼𝘅𝗶𝗺𝗮𝘁𝗲𝗹𝘆 𝗲𝘃𝗲𝗿𝘆 𝗳𝗼𝘂𝗿 𝗺𝗼𝗻𝘁𝗵𝘀, which means advanced AI tools are becoming accessible to small and medium-sized enterprises (SMEs) like never before. As synthetic data and API integration evolve, specialized AI consultancies are emerging as pivotal players. They can offer tailored 𝘀𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀 𝗮𝘁 𝗮 𝗳𝗿𝗮𝗰𝘁𝗶𝗼𝗻 𝗼𝗳 𝘁𝗵𝗲 𝗰𝗼𝘀𝘁 𝗼𝗳 𝘁𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗰𝗼𝗻𝘀𝘂𝗹𝘁𝗶𝗻𝗴 𝗳𝗶𝗿𝗺𝘀, democratizing access to AI technology. By leveraging these API-driven solutions, SMEs can seamlessly 𝗰𝗼𝗼𝗿𝗱𝗶𝗻𝗮𝘁𝗲 𝗲𝘅𝗶𝘀𝘁𝗶𝗻𝗴 𝘀𝗼𝗳𝘁𝘄𝗮𝗿𝗲 𝘀𝘆𝘀𝘁𝗲𝗺𝘀, enhancing operational efficiency and significantly reducing maintenance costs. SMEs connecting with expert AI consultants can implement systems that optimize and streamline their current operations. This transformation enables companies to harness the power of AI without the prohibitive costs, proving that AI is not just for the giants of the industry. As we move forward, it’s crucial for SMEs to embrace this wave of innovation. #innovation #entrepreneurship #leadership
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𝗠𝗮𝗿𝗸 𝗖𝘂𝗯𝗮𝗻 𝗶𝘀 𝗱𝗶𝘀𝗿𝘂𝗽𝘁𝗶𝗻𝗴 𝘆𝗲𝘁 𝗮𝗻𝗼𝘁𝗵𝗲𝗿 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆, 𝗮𝗻𝗱 𝘁𝗵𝗶𝘀 𝘁𝗶𝗺𝗲, 𝗶𝘁 𝗰𝗼𝘂𝗹𝗱 𝘀𝗮𝘃𝗲 𝗹𝗶𝘃𝗲𝘀! After his remarkable journey as a tech entrepreneur, Cuban has shifted gears with a bold mission: 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺 𝘁𝗵𝗲 𝗽𝗵𝗮𝗿𝗺𝗮𝗰𝗲𝘂𝘁𝗶𝗰𝗮𝗹 𝗶𝗻𝗱𝘂𝘀𝘁𝗿𝘆. Imagine a world where life-saving medications are priced transparently, with no hidden fees or inflated costs. In this fascinating interview, Cuban shares his journey from receiving a cold email in 2018 to launching a pharmaceutical company that offers over 2,500 generic drugs. 𝗛𝗶𝘀 𝗮𝗽𝗽𝗿𝗼𝗮𝗰𝗵 𝗶𝘀: 𝗯𝗮𝘀𝗲 𝗽𝗿𝗶𝗰𝗲 + 𝟭𝟱% 𝗺𝗮𝗿𝗸𝘂𝗽 + $𝟱 𝗳𝗼𝗿 𝗽𝗵𝗮𝗿𝗺𝗮𝗰𝘆 𝘀𝗲𝗿𝘃𝗶𝗰𝗲𝘀 + $𝟱 𝗳𝗼𝗿 𝘀𝗵𝗶𝗽𝗽𝗶𝗻𝗴. Simple, fair, and potentially life-saving. Families who can now afford essential medications. Patients who no longer have to choose between healthcare and their livelihood. #innovation #entrepreneurship #leadership
After Shark Tank, Mark Cuban Just Wants to Break Shit—Especially the Prescription Drug Industry
wired.com
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𝗥𝗲𝗳𝗹𝗲𝗰𝘁𝗶𝗼𝗻𝘀 𝗼𝗻 𝗣𝗲𝘁𝗲𝗿 𝗧𝗵𝗶𝗲𝗹'𝘀 𝟮𝟬𝟬𝟵 𝗘𝘀𝘀𝗮𝘆: "𝗧𝗵𝗲 𝗥𝗮𝗰𝗲 𝗕𝗲𝘁𝘄𝗲𝗲𝗻 𝗣𝗼𝗹𝗶𝘁𝗶𝗰𝘀 𝗮𝗻𝗱 𝗧𝗲𝗰𝗵𝗻𝗼𝗹𝗼𝗴𝘆" (𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝘁𝗵𝗲 𝗟𝗲𝗻𝘀 𝗼𝗳 𝟮𝟬𝟮𝟰) Respecting your time, I’d like to briefly share a reflection that struck me after rereading Peter Thiel’s 2009 essay yesterday. Before diving in, I want to clarify that this is deeply personal and naturally open to critique. These thoughts aren’t entirely original to me; they are a blend of ideas, reflections, and insights drawn from years of reading, thinking, and lived experiences. 𝗛𝗼𝘄 𝗜𝘁 𝗔𝗹𝗹 𝗕𝗲𝗴𝗮𝗻 In 2009, Peter Thiel introduced an idea that resonated with me: a "deadly race between politics and technology." He suggested that the future could swing in vastly different directions, much better or much worse, depending on how these two forces interact. What really stayed with me was his belief in the power of individuals to shape that future, particularly through technology. At the time, this seemed like a bold statement, but as I sit here in 2024, it feels more relevant than ever. 𝗪𝗵𝗲𝗿𝗲 𝗪𝗲 𝗦𝘁𝗮𝗻𝗱 𝗡𝗼𝘄 Fast forward to today, and it’s clear that Thiel’s prediction was insightful. AI has evolved from an abstract concept into a force that’s reshaping industries and redefining how we work and live. Biotechnology, too, has advanced at an extraordinary pace. Moore’s Law, traditionally associated with computing, now applies to genetics, transforming healthcare and genetic sequencing faster than we could have anticipated. It’s both exciting and a little unsettling. The pandemic only amplified this race between politics and technology. We saw political systems struggle while technology took center stage, playing a critical role in the global response. From vaccines to remote work tools, technology kept the world connected and, in many ways, afloat. But it also exposed a widening gap between political action and the realities of technological change. Meanwhile, geopolitical tensions have been rising, with nations competing for technological supremacy, further intensifying this race. It serves as a reminder that while technology offers solutions, it often moves faster than our ability to govern and manage its consequences. #innovation #entrepreneurship #leadership
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𝗔 𝗥𝗲𝗳𝗹𝗲𝗰𝘁𝗶𝗼𝗻 𝗼𝗻 𝗠𝗶𝗿𝗮 𝗠𝘂𝗿𝗮𝘁𝗶’𝘀 𝗥𝗲𝘀𝗶𝗴𝗻𝗮𝘁𝗶𝗼𝗻 𝗮𝘀 𝗢𝗽𝗲𝗻𝗔𝗜'𝘀 𝗖𝗧𝗢: 𝟭. 𝗠𝘂𝗿𝗮𝘁𝗶'𝘀 𝗥𝗲𝘀𝗶𝗴𝗻𝗮𝘁𝗶𝗼𝗻 𝗮𝗻𝗱 𝗜𝘁𝘀 𝗜𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝗔𝗜 𝗟𝗲𝗮𝗱𝗲𝗿𝘀𝗵𝗶𝗽: . As a long-time admirer of OpenAI and its pivotal role in advancing AI technology, I was deeply unsettled by the resignation of Mira Murati as CTO. Her departure, especially on the heels of previous leadership changes, has raised concerns that should not be ignored, particularly as her role was instrumental in addressing the complex challenges surrounding safety, ethics, and governance—issues that are crucial in this technological revolution. 𝟮. 𝗧𝗿𝗮𝗻𝘀𝗽𝗮𝗿𝗲𝗻𝗰𝘆 𝗮𝗻𝗱 𝗧𝗿𝘂𝘀𝘁 𝗔𝗺𝗶𝗱𝘀𝘁 𝗨𝗻𝗰𝗲𝗿𝘁𝗮𝗶𝗻𝘁𝘆: . While the official reasoning for her resignation, seeking time for personal exploration, is understandable, the lack of further clarification has left many, myself included, with unanswered questions. At a time when the stakes for AI’s development are higher than ever, transparency is essential to maintain trust and engagement from all stakeholders, whether as users, researchers, or potential investors. 𝟯. 𝗧𝗵𝗲 𝗡𝗲𝗲𝗱 𝗳𝗼𝗿 𝗢𝗽𝗲𝗻𝗔𝗜 𝘁𝗼 𝗔𝗱𝗱𝗿𝗲𝘀𝘀 𝗦𝘁𝗮𝗸𝗲𝗵𝗼𝗹𝗱𝗲𝗿 𝗖𝗼𝗻𝗰𝗲𝗿𝗻𝘀: . This transition at OpenAI, following other significant leadership exits, must be carefully explained. AI is not just a tool, but a transformative force shaping our future, and it’s vital that all of us, collaborators and society at large, remain informed and engaged. We cannot afford to be left in the dark, especially when so many of us are deeply invested in AI's responsible and ethical development. #AI #OpenAi #Society #Governance #Technology #Safety #Ethics #GenAI
OpenAI CTO Mira Murati Is Leaving the Company
wired.com
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""𝗥𝗲𝘄𝗶𝗿𝗲𝗱 𝗶𝗻 𝗔𝗰𝘁𝗶𝗼𝗻 𝗥𝗲𝗮𝗹-𝘄𝗼𝗿𝗹𝗱 𝗲𝘅𝗮𝗺𝗽𝗹𝗲𝘀 𝗼𝗳 𝗗𝗶𝗴𝗶𝘁𝗮𝗹 𝗮𝗻𝗱 𝗔𝗜 𝘁𝗿𝗮𝗻𝘀𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻𝘀 𝗮𝗻𝗱 𝗵𝗼𝘄 𝗹𝗲𝗮𝗱𝗶𝗻𝗴 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝘀𝘂𝗰𝗰𝗲𝗲𝗱""
How companies navigate the technology world to achieve sustainable competitive advantage is the defining business challenge in the age of digital and AI. McKinsey research shows that while 90% of companies have launched some flavor of digital transformation, only a third of the expected revenue benefits, on average, have been realized. Learn how six signature moves, led by the C-suite, can help companies to integrate new technologies, such as gen AI, and harness them to create value https://lnkd.in/ehVqtKzV #NeverJustTech