🚨big news y'all: Nvidia agrees to take Hugging Face for $12.9 billion. More details below
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Amir Efrati✓
@amir
Executive Editor @theinformation. amir @ https://t.co/XVwTW5v1ka amir.62 on Signal
998 Following43K Followers23.5K Posts
- that was fast: DoorDash, which in 2021 tried to figure out a merger w/Instacart, is now nearing a deal @ $17b. @validapau
Amir Efrati @amir🥕big story: Instacart is exploring a sale. talked to uber / ddash05356.7K - 🥕big story: Instacart is exploring a sale. talked to uber / ddash
101313555.3K - Public statements you may have seen today about "The Information article" re OpenAI relates to the one below. Since publication, Microsoft inadvertently confirmed in a blog post what we reported.Amir Efrati @amirnew: OpenAI & others quietly using loop transformers that don't show their 'thinking' when scaled up a leap forward on performance, but sparking concerns inside & outside OpenAI re: security as this takes off32283.6K
- new: OpenAI & others quietly using loop transformers that don't show their 'thinking' when scaled up a leap forward on performance, but sparking concerns inside & outside OpenAI re: security as this takes off
3554729524K - Drop the “crypto”. It’s cleaner.Leo Schwartz @leomschwartzScoop: a16z's flagship blockchain fund plans to drop "crypto" from its name and rebrand as a16z frontier. a16z crypto was one of the first and largest mainstream blockchain funds, raising a monster $4.5 billion vehicle in 2022, and more recently a $2.2 billion fund earlier this year. Andreessen Horowitz also became one of the most vocal—and deep-pocketed—defenders of crypto in Washington, D.C. Longtime general partner Ali Yahya is also leaving the fund. a16z crypto has already been investing in non-blockchain startups like Kalshi and the AI compute market startup Ornn, and this move to expand beyond crypto echoes recent strategies by other top blockchain firms including Paradigm and Haun Ventures. Still, general partner Chris Dixon has long been a public face for the Web3 movement, and the decision represents a symbolic shift for one of the most prominent crypto venture operations. Full story here:00162K
Scoop: a16z's flagship blockchain fund plans to drop "crypto" from its name and rebrand as a16z frontier. a16z crypto was one of the first and largest mainstream blockchain funds, raising a monster $4.5 billion vehicle in 2022, and more recently a $2.2 billion fund earlier this year. Andreessen Horowitz also became one of the most vocal—and deep-pocketed—defenders of crypto in Washington, D.C. Longtime general partner Ali Yahya is also leaving the fund. a16z crypto has already been investing in non-blockchain startups like Kalshi and the AI compute market startup Ornn, and this move to expand beyond crypto echoes recent strategies by other top blockchain firms including Paradigm and Haun Ventures. Still, general partner Chris Dixon has long been a public face for the Web3 movement, and the decision represents a symbolic shift for one of the most prominent crypto venture operations. Full story here:
1224161100K- 👀news: another GPU data center-related IPO is on the rocks this time SB Energy, which works w/ OpenAI & Nvidia on a gigantic site planned in Ohio
33122.1K - in this ai-fueled cybersecurity apocalypse moment, security m&a is 🔥🔥🔥
25132.2K - 😮 now you can apparently use Claude to do multi-agent cyberattacks against banks and more
31101.6K - 👀news about the neocloud liquidity & credit crisis: Nvidia in talks to invest many hundreds of millions of dollars in Firmus, which just pulled its IPO
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