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He sees California Forever. And if he can't undo the damage, there may never be a California Forever. California Forever may be a subdivision, but it's precisely the kind of subdivision America needs right now. But here's the thing: California Forever may be a subdivision, but it's precisely the kind of subdivision America needs right now. Places like California Forever aren't being opposed by the people who are desperate for a place to live.
Persons: Jan Sramek's, Goldman Sachs, Sramek, Reid Hoffman, Laurene Powell Jobs, Marc Andreessen —, They've, Christie Hemm, Peter Thiel, Jan Sramek, Jan, Thiel, Goldman, CheatSheet, Sramek's, hadn't, Jonas Rave, who's, , Guy Saidenberg, Evernote, Marc Andreessen, Jane Jacobs, He's, he'd, Robert Moses, growth.y Christie Hemm, Flannery, Bronson Johnson, David George, Andreessen Horowitz, Marilyn Farley, Farley, Solano County's, Kathleen Threlfall, Bill Mortimore, California Forever's, Jessica Christian, he's, Lyle Lanley, Solano, Sam Houston, weren't, Gabriel Metcalf, You've, John Garamendi, Garamendi, isn't, they'll, latte, Christie, Travis, I've, aren't, They're Organizations: Silicon, California, BI Development, University of Cambridge, London School of Economics, Party, Rising Star, Facebook, York, Sramek's, BI Sramek, Google, American, Planners, Sacramento -, Travis Air Force Base, Area, titans, Farmers, councilwoman, California Forever, Sacramento Municipal Utility District, Air Force, Flannery Associates, Disney, San Francisco, Vallejo Naval, Historical Museum, Rep, BI, Solano, Sierra, Goldman Locations: San Francisco, It's, Sramek, California, Rio Vista, Solano County, Napa, Sacramento, Silicon Valley, America, London, Zurich, England, Czech Republic, Dřevohostice, York, British, Eastern Europe, Cambridge, Bay Area, Hayes Valley, America's cutest, Atlanta, Phoenix, Copenhagen, Barcelona, New York, Sacramento - San Joaquin, San Francisco Bay, Lake Tahoe, Toledo , Ohio, Silicon, Google's, Toronto, Big Tech, China, Calif, Springfield, Vallejo, He's, Atherton, Foreverville, Fairfield, Austin, Solano, Valley, Europe
Cerebral Valley New York will be Newcomer's first east coast event. AdvertisementThe Cerebral Valley AI Summit, the generative AI conference created by tech journalist Eric Newcomer and AI startup Volley, will be hosting its first New York event on June 27th. The original Cerebral Valley Summit, held in the Hayes Valley neighborhood of San Francisco in 2023, made headlines for producing one of the largest generative AI acquisitions ever and effectively firing the starting gun on the AI arms race. At the last Cerebral Valley Summit in November, 2023, it was a given that OpenAI had already won the AI battle. At the very first Cerebral Valley AI Summit, Newcomer half-jokingly challenged someone to raise $100 million at the conference.
Persons: , Eric Newcomer, Mistral, OpenAI, Sam Altman, Altman, Ali Ghodsi, Reid Hoffman, Vinod Khosla, Anthropic, Daniela Amodei Organizations: Service, New, Google Locations: San Francisco, York, New York, Hayes, Francisco, Europe, MosaicML
But last year, the LA tech scene stalled, according to Carta data. Startup funding plummeted everywhere, but nowhere experienced a steeper decline than LA, where funding declined 65% from 2022. CartaLA's startup funding dropped 65% last year, a steeper decline than the Bay Area, New York or Boston. "They're very deep AI companies, but they're being applied to a vertical, which is one of the strengths of LA," Ingersoll said. Bird goes bust and Snap snaps backThere was more bad news for LA's startup scene in 2023 than just the dismal funding numbers.
Persons: Ethan Aldrich, Aldrich, there's, Andreessen Horowitz, a16z, Katia Ameri, Ameri, VCs, Nikita Bier, Bier, Mark Suster, Suster, LA's, we're, Palmer Luckey, Minnie Ingersoll, Ingersoll, Bird, Zillow, Spencer Rascoff, Evan Spiegel ERIC PIERMONT, Ishan Singh, Singh Organizations: Stanford, Business, Lightspeed Venture Partners, Coatue Management, LA Tech, LA, Carta, Honest Company, New, Boston, Microsoft, Clark, SpaceX Locations: Santa Monica, Southern California, LA, Santa, Hayes, San Francisco, Los Angeles, San Francisco and New York, New York, Boston, Carta, San Diego, Seattle, Hawthorne , CA, Costa, Bay
How Group Chats Rule the World
  + stars: | 2024-01-16 | by ( Sophie Haigney | ) www.nytimes.com   time to read: +6 min
We often get glimpses of such group chats in court filings, the familiar blue-and-white bubbles of iMessage screenshotted and laid out as evidence. I know of a group chat in which, among other things, a group of successful men trade investment tips and even function sometimes as a de facto investment group. You have to wonder what was being said in this “200+ tech founders” group chat before the bank run. The dynamics of group chats — who is in them, who is not — might seem like the adult version of kids’ jockeying for a lunch table. One of my favorite group chats, now defunct, was among me and two friends I was suddenly becoming closer to.
Persons: I’m, Sean Hannity, Laura Ingraham, Tucker Carlson, Carlson, he’d, ” Ingraham, , , people’s, Sam Bankman, Fried, , , someone’s Organizations: Systems, Fox News, Trump, MSNBC, Australian Financial, Valley Bank, Twitter, Spotify Locations: Hayes Valley
More than 300 AI founders and investors gathered earlier this week in San Francisco's Hayes Valley neighborhood for the 2nd Cerebral Valley AI Summit, co-hosted by the independent journalist Eric Newcomer and AI gaming startup Volley. Some called it an " extinction event for other AI startups ." "OpenAI can bully everyone, they can bully the talent, they can bully the competition, they can bully the term sheets. "When you step on the court with Jordan, you don't try to beat him at his game. During his panel, Warner was asked about those who took to social network X, formerly Twitter, to proclaim the death of nascent AI startups.
Persons: Eric Newcomer, , OpenAI, Alex Pall, That's, they're, Andrew Hoh, Reid Hoffman, Hoffman, Vinod Khosla, Khosla, Jason Warner, Warner, it's, He's, he's, Poolside, Jordan Organizations: Summit, Business, Mantis Venture Capital, Microsoft Locations: San Francisco's Hayes, Paris
Cerebral Valley, an AI conference run by Eric Newcomer's eponymous publication, just announced its second gathering of 2023. CVAI2 (Cerebral Valley AI Summit version 2.0) will take place on November 15 at the SFJAZZ Center in Hayes Valley, San Francisco. The neighborhood is nicknamed Cerebral Valley these days, due to the plethora of AI startups that have sprouted there. Ali Ghodsi, CEO of Databricks, and Naveen Rao, CEO of MosaicML, met for the first time at the initial Cerebral Valley AI Summit. That's the biggest generative AI startup deal so far, by my counting.
Persons: Vinod Khosla, Reid Hoffman, Adam D'Angelo, Eric Newcomer's, Mustafa Suleyman, Ali Ghodsi, Kanjun Qiu, Chris Lattner, May Habib, Naveen Rao, Jason Warner, Max Child, James Wilsterman, Amjad Masad, Clem Delangue, Emad, Daniela Amodei, Cristobal Valenzuela, Shane Orlick, MosaicML, it's Organizations: SFJAZZ, Service, Industry Locations: Hayes Valley, San Francisco, Wall, Silicon, Jasper
While the cost of living is high, he feels safe and accepted and plans to stay in San Francisco. I'm a 36-year-old building manager, and I've lived in San Francisco for almost 13 years; I moved here in August 2010. I don't think I can go out in San Francisco without dropping several hundred dollars in a weekend. This discussion is creating a self-fulfilling prophecy and a doom loop that discourages people from investing in San Francisco. I would rather be poor in San Francisco than rich in Florida.
Persons: he's, I've, there's, San, I'm, Elon, San Francisco I'm, I'd Organizations: Service, of Fine Arts, Mission Locations: San Francisco, Wall, Silicon, Hayes Valley, Francisco, Marina District, Alcatraz, Valencia, Florida, Texas
San Francisco's A.I. boom in Hayes Valley
  + stars: | 2023-06-30 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSan Francisco's A.I. boom in Hayes ValleyCNBC's Kate Rogers joins 'Tech Check' on San Francisco’s startup scene in the A.I. sector building up outside of the financial district in neighborhoods like Hayes Valley.
Persons: Kate Rogers Locations: Hayes Valley, Hayes
Days later, Unibail-Rodamco-Westfield and coowner Brookfield gave the San Francisco City Centre back to their lenders after the exit of retailers left the mall just over half occupied. Whatever is going on in San Francisco, we are not interested in being part of that any longer." Fear of crime taints the cityCrime, or the fear of it, often creeps into conversations about San Francisco, too. "I ask, what's the driver" of the San Francisco office vacancies, Scavone told Insider. He continued: "Is it because downtown San Francisco is somewhat of a difficult commute from suburbs in Marin County or the East Bay?"
Persons: Manus Clancy, Trepp, , Brookfield, Clancy, Salesforce, Jeff Burg, he's, Burg, we're, Thomas Baltimore, hasn't, Elon Musk, Bob Lee, Frank Scavone, Scavone Organizations: Service, San Francisco, California, Hilton San Francisco, Square, Parc, San Francisco City Centre, San, Krea, Union, Census, LinkedIn, Park Hotels, Resorts, Westfield, ABC, San Francisco Travel Association, Elon, Foods, The New York Times, McKinsey & Co, downtown Locations: San Francisco, San, San Francisco Chronicle, Westfield, Real, Francisco, New York, cubicles, Boston , Chicago, Houston, Miami, San Francisco's Hayes Valley, Manhattan, Tenderloin, , downtown San Francisco, Marin County
And tech workers have been among the most vocal groups to criticize the city for its worsening problems with drugs, housing and crime. technology — known as generative A.I., which produces text, images and video in response to prompts — there’s too much at stake to miss out. Investors have already announced $10.7 billion in funding for generative A.I. Tens of thousands of tech workers recently laid off by big tech companies are now eager to join the next big thing. “Hacker houses,” where people create start-ups, are springing up in San Francisco’s Hayes Valley neighborhood, known as “Cerebral Valley” because it is the center of the A.I.
Persons: , Hacker Locations: San, , San Francisco’s Hayes Valley
Several AI startup founders who participated said the program had many more in person events. And they also said it was a huge benefit and made a difference being in San Francisco. For its winter 2023 cohort, Y Combinator accepted founders from 282 startups for its coveted startup accelerator program. Insider spoke with the founders of four AI startups that went through this latest batch and asked them to share what they learned most from the experience. "It feels like the next platform shift, and San Francisco is definitely the heart of it."
San FranciscoThe AI boom is helping to bring San Francisco back after the pandemic. Dan Kurtzman/Getty ImagesDuring the pandemic, the San Francisco metro area ceded some of its dominance over the tech industry to growing hubs in cities like Miami and Austin. The neighborhood of Hayes Valley, in particular, has become such a hotspot for new AI startups that it's jokingly been renamed "Cerebral Valley." Their overall consensus is that working from home is on its way out and working from the office is back in. Security card swipe data also shows that office occupancy in the San Francisco metro area has increased since the beginning of the year.
New York CNN —An enormous Whole Foods in downtown San Francisco that opened just last year is temporarily closing. Heralded as a “flagship store” following its March 2022 opening, the Whole Foods was one of the largest supermarkets in downtown San Francisco. A San Francisco Whole Foods store is closing a year after it opened. San Francisco Board of Supervisors member Matt Dorsey said on Twitter that he was “incredibly disappointed” by the closure. Meanwhile, violent crime statistics in San Francisco have remained relatively steady in recent years.
San FranciscoThe AI boom is helping to bring San Francisco back after the pandemic. Dan Kurtzman/Getty ImagesDuring the pandemic, the San Francisco metro area ceded some of its dominance over the tech industry to growing hubs in cities like Miami and Austin. The neighborhood of Hayes Valley, in particular, has become such a hotspot for new AI startups that it's jokingly been renamed "Cerebral Valley." Four Bay Area-based tech workers told Insider that they're going in to meet colleagues, grab coffees, or just get out of their apartments. Security card swipe data also shows that office occupancy in the San Francisco metro area has increased since the beginning of the year.
Big tech companies continue cost cutting
  + stars: | 2023-04-03 | by ( Paayal Zaveri | ) www.businessinsider.com   time to read: +5 min
Tech companies have chased short-term fads in a desperate attempt to win the favor of Wall Street investors — and it's making the online experience worse. As tech companies continue to focus on efficiency, it's clear that one metric is the most important: revenue per employee. After years of over-hiring, tech companies are now looking to squeeze the most efficient performance from each worker, my colleague Hasan Chowdhury reports. But it's another sign that tech companies are drifting away from pro-remote work policies. Google, Meta, and Microsoft have all failed to make their AR and VR devices into mainstream successes.
Dozens of AI enthusiasts gathered in SF's Cerebral Valley on Thursday for Eric Newcomer's AI summit. The handful of streets between San Francisco's Fillmore and Mission neighborhoods have been called a variety of names in recent times — Cerebral Valley, Bayes Valley, Hayes Valley — but on a Thursday morning in March, they were the home for dozens of AI enthusiasts, founders, and VCs looking to learn more about the space at independent journalist Eric Newcomer's Cerebral Valley AI Summit. The model to rule them allWith representation from several OpenAI competitors, including Anthropic, Adept, and Stability AI, a common question during panels was how the landscape of AI model providers would shake out. Others, like Stability AI founder and CEO Emad Mostaque, claimed that the question of AI models went beyond performance or cost to issues around transparency and accessibility. The future of codingWith the recent AI boom, a flock of startups have emerged to help developers build AI and non-AI applications.
Because of pandemic-era closings, San Francisco became somewhat of a ghost town for two years. Now, a race to succeed in the fledgling space of generative AI has founders flocking back. Generative AI takes training data — for instance, a vast corpus of written text — and teaches itself how to produce completely new, unique works. After giving New York a try for several weeks, the generative AI boom picked up. Thomas Maxwell/InsiderPerez said that the sense of urgency to get working on building better AI models comes from how generative AI improves with more data.
Techies fled from San Francisco during the pandemic, and its resurgence stalled for a while. It's just south of Japantown, mere blocks from San Francisco City Hall, and north of the Mission District. Someone even said it would be "irresponsible" to not work on generative AI in San Francisco. There aren't any skeptics in the space yet, and the majority of generative AI investments land in the Bay Area. Email dsiu@insider.com or tweet @diamondnagasiu) Edited by Matt Weinberger (tweet @gamoid) in San Francisco and Hallam Bullock (tweet @hallam_bullock) in London.
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