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☆ We must first make AI more affordable before thinking about scaling up use cases: Fusion Fund
  + stars: | 2024-09-19 | 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 EmailWe must first make AI more affordable before thinking about scaling up use cases: Fusion FundLu Zhang of Fusion Fund discusses the opportunities she sees in investing in AI infrastructure and how this would address four major problems affecting cost and implementation of AI solutions.
Persons: Lu Zhang Organizations: Fusion Fund
☆ No bank can provide services like Silicon Valley Bank: Fusion Fund
  + stars: | 2023-03-13 | 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 EmailUnlikely any other bank can provide services equivalent to Silicon Valley Bank's: VC firmLu Zhang of Fusion Fund says Silicon Valley Bank had products that could uniquely meet the needs of venture capitalists and startup founders.
☆ Feds commit $50 million to for-profit nuclear fusion companies, chasing the 'holy grail' of clean energy
  + stars: | 2022-09-26 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com   time to read: +4 min
The United States government is putting money behind private-sector nuclear fusion companies for the first time, and that's an indication of how momentum is building behind the "holy grail" of clean energy. At the Global Clean Energy Action Forum in Pittsburgh on Thursday, the Department of Energy officially announced $50 million will go towards private fusion companies in public-private partnerships. Nuclear fusion is when two heavier atoms slam together to form a heavier atom, and is the way stars are powered. But it will help bolster U.S fusion companies and give them credibility. The private sector fusion industry has attracted almost $5 billion in venture and other funding according to the Fusion Industry Association.
☆ Venture Capitalists to Tech Startups: Embrace the Downturn
  + stars: | 2022-09-20 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: +2 min
Enterprise tech startups are continuing to innovate amid tighter economic conditions, fueled by demand from companies who fear underinvestment in tech could lose them market share, venture partners said. PREVIEWAs CIOs and companies continue putting dollars into those areas, enterprise technology startups are leaning in to meet that demand, the venture partners said. If anything, the tighter economic conditions are making entrepreneurs even hungrier, Mr. Kayyal said. “Obviously, we’re in an uncertain economy, but we see the innovation,” Mr. Kayyal said. We’re gonna see pullback, and we’re gonna see winners and losers in that pullback,” said Mr. Wall.
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