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☆ The top 9 AI people in finance
  + stars: | 2023-11-24 | by ( Bianca Chan | Leena Rao | ) www.businessinsider.com   time to read: +1 min
Business Insider's 2023 AI 100 list included several experts from the world of finance. These people blend AI know-how with experience in trading, payments, VC, and other finance sectors. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGenerative AI is the hottest venture capital investment theme in at least a decade. Business Insider's 2023 AI 100 list includes several experts who combine AI know-how with experience in areas of finance such as payments, trading, banking, financial data, and startup investing.
Persons: Sarah Guo, Reid Hoffman, Sonya Huang, — Organizations: Service, Business
☆ VC firm Sequoia is pulling out all the stops to dominate AI, insiders say. The firm is using everything from 'speed dating' to star studded summits to woo founders.
  + stars: | 2023-05-22 | by ( Stephanie Palazzolo | Ben Bergman | ) www.businessinsider.com   time to read: +10 min
It's just one move of many the VC firm has taken to cement its position in the white-hot AI space. Huang and Grady wrote a public blog post on Sequoia's website inviting AI founders to email them their ideas and pitches directly. But the firm has been louder where it counts, investing in splashy AI startups like Harvey and LangChain. Every member of the firm, from managing partner Roleof Botha on down, has made AI a top priority, with Grady, Huang, and Buhler most prominently involved. Both Huang and Buhler now spend over 90% of their time researching AI companies, versus 50% in previous years, they said.
☆ 10 things in tech: Epstein appeared to threaten Gates, Apple gets its AI cut, and a Twitter hotel
  + stars: | 2023-05-22 | by ( Michael Cogley | ) www.businessinsider.com   time to read: +4 min
The Cupertino-based tech giant is taking its usual 30% cut from users signing up to ChatGPT Plus through the app, according to a note from Bernstein analysts. A spokesperson for Gates told the WSJ that Epstein had "tried unsuccessfully to leverage a past relationship" to threaten the tech billionaire. Microsoft's marketing chief told staffers to bump the stock prices for raises. The tech giant has already managed to outpace the market with shares up 33% so far this year. The tech giant just launched two new Pixel phones.
☆ Exclusive: AI startup LangChain taps Sequoia to lead funding round at a valuation of at least $200 million
  + stars: | 2023-04-13 | by ( Stephanie Palazzolo | ) www.businessinsider.com   time to read: +4 min
AI startup LangChain is raising between $20 and $25 million from Sequoia, Insider has learned. The latest round scored the hot upstart a valuation of at least $200 million, according to sources. Just a week after announcing a $10 million seed investment from Benchmark, AI darling LangChain has scored even more capital from yet another top-tier VC. As an open-source project, LangChain is especially known for its strong community — one that Chase is personally involved in. Chase's dedication to openness and collaboration is a major differentiator for the founder's community, and therefore, his startup, Turow said.
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