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Search resuls for: "Adam Niewinski"


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☆ Sam Altman wants to solve the great AI chip shortage himself
  + stars: | 2024-01-23 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +5 min
That's according to a report from Bloomberg , which stated that Altman had been busy pitching heavyweight investors to back a new AI chip venture that would give his company a lot more control over its chip supply. AdvertisementBut a bunch of tech companies have started designing their own. In November, for instance, Microsoft unveiled its new Azure Maia AI chip , designed with large language model (LLM) training in mind. Despite this, Altman's plan has already won fans. "Building the best AI assistants, AIs for creators, AIs for businesses and more – that needs advances in every area of AI."
Persons: —, Sam Altman doesn't, Altman, Maia, Jensen Huang, Altman's, It's, Adam Niewinski, Mark Zuckerberg Organizations: Service, Business, Microsoft, Nvidia, Bloomberg, Intel, NVIDIA, Getty, Altman, OTB Ventures, AIs Locations: AFP
☆ Think long-term, grab land, watch your runway: Here's how European VCs are advising their founders ahead of a looming recession
  + stars: | 2022-12-29 | by ( Tasmin Lockwood | Callum Burroughs | ) www.businessinsider.com   time to read: +4 min
Sequoia's iconic 2008 'R.I.P Good Times' presentation still rings true for some investors. Good Times" presentation from 2008. "Because people are so programmed with the whole RIP Good Times thing, the nuance gets lost sometimes." Magda Lukaszewicz, principal at Balderton, echoed this – even if it takes companies longer to achieve said goals. Sequoia's "RIP Good Times" ends on a bleak note: Get Real or Go Home.
☆ Deep tech investor OTB Ventures raises $145 million for new fund and plans to expand into seed stage startups
  + stars: | 2022-11-22 | by ( Tasmin Lockwood | ) www.businessinsider.com   time to read: +3 min
OTB has raised 140 million euros ($145 million) of its 150 million euros ($155 million) target. European venture capital firm OTB Ventures has raised over 90% of its new 150 million euros (around $155 million) second fund at first close. The Amsterdam-based company, founded in 2017, will invest in 10 seed and 15 Series A-stage startups, writing checks of up to 1.5 million euros and 7 million euros respectively. Niewinski said LPs had "doubled down" since its first 108 million euros fund, which was later topped up 30 million euros by the European Investment Fund. The investor is bullish on space tech specifically and tapping into expertise at the European Space Agency and European Union Space Programme to assess startups.
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