Good day!
When it comes to news, Thanksgiving week tends to be slower than molasses. But with the OpenAI drama: founder ousted; upset employees; etc etc. – continue to deliver interesting headlines about the company’s uncertain future, this week it is the opposite.
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So I would be remiss if I didn’t include at least one story related to everything that happened. But it’s not just another summary. Rather, it is about how we should understand the two camps of people who have opinions about how ai is being built and deployed: those who are interested in speed (E/ACC, short for “effective accelerationism”) and those who want things to work. decelerate (called “decelerate”).
And don’t forget, we’ll be free on Friday celebrating Thanksgiving. Happy holidays and see you next week!
Thank you for reading,
Launch Pad Teardown: Fifth Dimension ai‘s $2.8 Million Seed Platform
Image credits: Fifth Dimension ai (Opens in a new window)
Speaking of ai, resident presentation expert Haje Jan Kamps opened Fifth Dimension ai‘s presentation platform which helped the company raise nearly $3 million in seed funding. While there are definitely things to like (the use of personal quotes from customers on one of the slides helps bring the problem to life, for example), the company doesn’t mention the competition at all. And that raises a big red flag.
Five investors have high hopes for defense technology amid growing corporate interest
Image credits: Bryce Durbin/TechCrunch
“It is probably not an exaggeration to say that the relationship between US defense and Silicon Valley is undergoing its most profound transformation since the 1950s,” writes defense technology reporter Aria Alamalhodaei in our recent survey of five investors in the space. But are some sectors more saturated than others? Can Venture Dollars Help Build America’s Next Greatest Time?
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Strategies for your fintech exit in a turbulent market: Top 3 questions to address
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A sign of a successful venture is a complete exit. In the crowded fintech space, having good product-market fit is not enough. Alex Axelrod, founder and CEO of payments platform Uluky, shares his advice on how to navigate this complicated event. The best part, however, is that this tip is useful no matter what industry you are in.
Will 2024 be a year of recovery for startups?
Image credits: Nuthawut Somsuk/Getty Images
There has been a steady shift from growth to efficiency over the past year, and some signs point to a strengthening economy. Does that mean we will see a recovery next year and startups will grow and prosper again? The answer may not be so simple.
