Christian Said’s Post

"Despite continuing to bet big on A.I. startups and chip programs, the founders of the venture capital firm Andreessen Horowitz say they’ve noticed a drop off in A.I. model capability improvements in recent years. Two years ago, OpenAI’s GPT-3.5 model was 'way ahead of everybody else’s,' said Marc Andreessen, who co-founded Andreessen Horowitz alongside Ben Horowitz in 2009, on a podcast released yesterday (Nov. 5)(, https://lnkd.in/guwdTtC8). 'Sitting here today, there’s six that are on par with that. They’re sort of hitting the same ceiling on capabilities,' he added." Alexandra Tremayne-Pengelly, Andreessen Horowitz Founders Notice A.I. Models Are Hitting a Ceiling—The founders of Andreessen Horowitz say development in A.I. model capabilities are beginning to slow down, 𝘛𝘩𝘦 𝘖𝘣𝘴𝘦𝘳𝘷𝘦𝘳, 6 November 2-2024, https://lnkd.in/g5txJDVT Stephanie Palazzolo, Erin Woo and Amir Efrati, Exclusive: OpenAI Shifts Strategy as Rate of ‘GPT’ AI Improvement Slows, 𝘛𝘩𝘦 𝘐𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯, 9 November 2024, https://lnkd.in/gRN_KfWn

AI Tech News #DiunaAIspotlight Exciting news in the AI industry! Groq, an innovative startup specializing in AI chip technology, has successfully secured $640 million in funding to take on giants like Nvidia. The funding round, led by Blackrock and joined by Neuberger Berman, Type One Ventures, Cisco, KDDI, and Samsung Catalyst Fund, brings Groq's total investment to over $1 billion. This significant milestone underscores the growing interest and investment in enhancing the speed and efficiency of generative AI models. Stay tuned for more updates on how this funding will propel advancements in AI technology. Follow our page for the latest updates, insights, and innovations! Visit www.diuna.ae to check your company's readiness for AI. #AI #TechTrends #Innovation #TechForGood #ArtificiaIintelligence #technology #AInews #FutureTech #DiunaTechnologies #GenAI #AI #TechInnovation #StartupSuccess #Groq #AIChip

The $2.8 Billion AI Startup Taking On NVIDIA Armed with a newly raised $640 million, Groq CEO Jonathan Ross thinks it can challenge one of the world’s most valuable companies with a purpose-built chip designed for AI from scratch. They explained the difference between LPUs and GPUs and ….. #Growth #AI #Startup #Investment #LPU #Forbes l YouTube l Forbes l Richard Nieva

Discover the latest move in the AI sector, where Groq, an AI inference startup, has secured a whopping $640 million in their recent Series D funding. This landmark funding round, participated by giants like BlackRock and Neuberger Berman, propels Groq closer to industry leader NVIDIA, despite the looming challenges in the AI hardware market. Explore more about how this funding could reshape the competitive landscape in AI technology. Don't miss out on the detailed insights provided by Mark Beccue and Chirag Dekate, Ph.D. in this intriguing read! https://lnkd.in/eiCpe-Rn #AI #ArtificalIntelligence

Everyone wants to know what a million-dollar idea looks like – one startup just had a ten-million-dollar one. PIN AI - Yes, everyone has personal intelligence worth using, even if you don’t think so. PIN AI raised $10M from a16z crypto and Hack VC. PIN AI is creating a personal intelligence network that turns your smartphone into a truly smart device. By integrating contextual data and AI, it’ll handle your tasks before you even think about them. Read about more forward-looking companies in our newsletter: https://lnkd.in/gk7-aHkS Which startups are on your radar?

Will be an interesting story to watch. See also Brain.ai for related... https://lnkd.in/gCQVNMyy Per Perplexity, OpenAI CEO Sam Altman and former Apple design chief Jony Ive are indeed in talks to raise up to $1 billion from major venture capital firms for their secretive AI-powered personal device startup.[1][2][3][4][5] The key details are: - Altman and Ive have formed a new unnamed startup to develop an AI-powered personal device that will not resemble a traditional smartphone.[1][2][3][4][5]  - They are currently in advanced discussions with investors like Thrive Capital (an OpenAI investor) and Emerson Collective to secure around $1 billion in funding.[1][2][3][4][5] - The device is expected to leverage OpenAI's advanced language models and AI capabilities, similar to products like the Humane AI Pin that Altman has invested in.[2][4][5] - While details about the device remain under wraps, it is positioned to challenge the conventional smartphone experience and explore new ways of interacting with AI.[3][4] - Ive left his role as Apple's design chief in 2019 but continued to work with the company as a consultant until 2022.[2] - The collaboration between Ive and Altman has been in the works for some time, with initial reports of their partnership surfacing last fall.[4] In summary, the search results confirm that Altman and Ive are actively seeking significant funding for their secretive AI device startup, which aims to reimagine how we interact with artificial intelligence on a daily basis.[1][2][3][4][5] Citations: [1] https://lnkd.in/g8DtiRWM [2] https://lnkd.in/gxmva8TJ [3] https://lnkd.in/g35_T4By [4] https://lnkd.in/g3K2KEG7 [5] https://lnkd.in/g_UpN6rr

The New Normal: Rethinking Gen AI Strategies The hype surrounding gen AI application startups has begun to unravel, as many fail to meet the lofty expectations. The long-tail weakness of the gen AI models has proven to be a significant stumbling block for many use cases that seemed promising at the PoC stage. Nvidia is likely to face a significant decline in valuation due to the cooling AI startup landscape. However, the cost of using GPUs on cloud platforms may decrease as demand falls, potentially benefiting surviving startups. For investors and job seekers, consider startups that have found ways to mitigate the limitations of gen AI models. Those leveraging hybrid AI, a combination of gen AI and other AI techniques, are particularly promising.

See how Circuit Mind’s algorithmic component selection and schematic generation tech is helping electronics teams go to market faster. 👉 📖 Read here: https://shorturl.at/ghiY3 #portfolio #vc #startup #joincapital #ai #circuitmind

💰 #ElonMusk's xAI Raises $5 Billion and Doubles Valuation 🚀 📊 STARTUP SNAPSHOT - Founded: 2023 - Total Funding: $16 billion - Key Product: Colossus 100k H100 training cluster - Category: AI/ML Infrastructure 💫 NEWS HIGHLIGHT xAI's significant $5 billion raise elevates its valuation to $50 billion, bolstering its AI capabilities on a colossal scale. 💡 INNOVATION ANGLE - Technical Edge Expanding the computational power for cutting-edge AI model training - Market Opportunity Doubling their competitive edge in a market valuated at billions. - Business Model Building AI services at a massive scale 🏗️ GROWTH METRICS - Customer Growth: Ongoing collaborations with key industry players - Market Penetration: Strengthens global presence in AI computing 🔮 STARTUP TRAJECTORY - Near-term (6 months) Enhance AI model training capabilities - Scale-up (12-18 months) Expand into new tech verticals through further partnerships 💪 COMPETITIVE EDGE Positioned against top competitors, leading with superior tech infrastructure. #AIStartups #VentureCapital #AIInfrastructure #StartupLife #xAI

Nvidia's latest earnings report last night reignited the AI frenzy and sent the stock market to new highs. Within just one day, Nvidia added the value of 1 whole Netflix to its market value and knocked on the door to the $2 trillion valuation club. This set the record for the biggest single-day market cap gains, with Meta in the second place which just set the record on Feb 2 this year. Now let's look at the AI startup landscape in general. The first three weeks of February saw more than $2.6 billion invested into artificial intelligence startups, including a half-dozen rounds of $100 million or more.