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9 mentions found


☆ AI startups should brace for a wave of down rounds, investors say. Here's how it might play out.
  + stars: | 2024-09-24 | by ( Riddhi Kanetkar | ) www.businessinsider.com   time to read: +5 min
Read previewDown rounds and flat rounds for VC-backed startups have hit an all-time high this year since 2014. And AI startups, which have been the darlings of the tech ecosystem since late 2022, aren't exempt from the trend. The deal was seen by some investors as an omen for a wider phenomenon in the AI ecosystem — an impending wave of flat rounds and down rounds. "Investors went crazy for AI startups with zero revenue, at higher valuations, which will be an issue," said Umesh Padval, managing director at Thomvest Ventures. Down rounds are on the riseIn 2022, 90.2% of AI startups in the US raised up rounds, while 6.5% raised down rounds, according to PitchBook data.
Persons: —, we've, Andreas Riegler, Umesh Padval, Padval, Francesco Ricciuti Organizations: Service, Microsoft, Business, Big Tech, APEX Ventures, Jasper, Google, Thomvest Ventures, Runa Locations: London
☆ The AI explosion has made machine learning jobs hot commodities. But do you really need a Ph.D. to get one?
  + stars: | 2024-01-25 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +4 min
"I don't wanna get a Ph.D. but wanna work as a Machine Learning Engineer," an X user wrote, kicking off a debate. I don't wanna get a PhD but wanna work as a Machine Learning Engineer. AdvertisementOne respondent said a doctorate is only relevant for research, not machine learning engineering. The discussion comes as employers and would-be workers assess which skills and education are most useful as the AI job market booms. One X user's response to the original post pointed out that a Ph.D. is just one way to become a machine learning engineer.
Persons: —, Tanay Mehta, Cristian Garcia, X Garcia, Garcia, Chris Foltz, Lindsey Duran, Alex Shapiro, Jasper AI Organizations: Service, Business, Google, IBM, Jasper
☆ A minor ChatGPT update is a warning to founders: Big Tech can blow up your startup at any time
  + stars: | 2023-10-31 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +4 min
AdvertisementAdvertisementDid OpenAI just kill a bunch of startups by making a small update to ChatGPT? Specifically, he referred to "wrapper startups." AdvertisementAdvertisementIt isn't necessarily the case that founders who build AI wrapper businesses are doing this to exploit a weakness in ChatGPT. In May, data scientist Alex Reibman announced ChatOCR , a ChatGPT plugin that "reads text from PDFs, including scans and handwriting." Following the ChatGPT update at the weekend, he ran a poll on X that asked users what would happen to his plugin "now that ChatGPT has built in PDF processing."
Persons: —, Sam Altman's, ESFt7bpGyy — Rowan Cheung, OpenAI, Alex Reibman, they've Organizations: Big Tech, Service, Investors, ChatGPT, LinkedIn, Bessemer Venture Partners Locations: There's
☆ Want a job in AI? 4 tips from hiring leaders at IBM, Nvidia, and AI startups on how to land one.
  + stars: | 2023-10-18 | by ( Aaron Mok | ) www.businessinsider.com   time to read: +9 min
Companies are hiring for AI talent as they seek to cash in on the generative AI hype. Insider spoke to four hiring leaders to get their advice on how to land a job in AI. Since OpenAI launched ChatGPT last November, generative AI technology has taken the corporate world by storm. Here are 4 tips from hiring leaders on how to increase your chances of landing a job in AI. 2) Demonstrate your interest in AI during the interview — and be able to prove itIf you're lucky enough to land an interview, be prepared to talk about your interest in generative AI.
Persons: —, OpenAI, ChatGPT, it's, Lindsey Duran, Chris Foltz, Flavien Coronini, Coronini, Alex Shapiro, Jasper AI, Shapiro, they've, there's, Jasper, Duran, Foltz Organizations: Service, Venture, Netflix, Employers, IBM, Nvidia, Jasper Locations: Jasper
☆ CHART: AI stocks enter correction territory
  + stars: | 2023-08-10 | by ( Alistair Barr | ) www.businessinsider.com   time to read: +3 min
Insider looked at 10 of the top AI stocks and found that many are in correction territory. In recent days, some of the hottest AI stocks of 2023 have entered correction territory. Insider took a look at 10 of the hottest AI stocks from earlier this year and analyzed how they've performed since peaking. This could be a short-term blip, or a reaction to higher long-term interest rates, which can depress high-growth tech stocks. (And, yes, using automation and AI to buy AI stocks is probably a self-fulfilling prophecy that also can't last).
Persons: they've, Morgan Stanley, Amara, We're, Jasper AI, Nvidia Organizations: Morning, Nvidia, AMD, Bloomberg, Nasdaq
☆ I used AI to double my income in one year. It wasn't hard to do and didn't cost me anything.
  + stars: | 2023-06-18 | by ( Kristen Walters | ) www.businessinsider.com   time to read: +11 min
She used AI to help create faceless YouTube videos, affiliate content, and digital products like ebooks. So I thought I'd share some of the ways that I'm currently using AI to make money in 2023. But combined, they add up to a substantial monthly income from both YouTube Adsense and affiliate products. Digital productsI've been creating simple digital products like ebooks, workbooks, audiobooks for over a decade now.Man, I'm getting old. Of course, you don't have to use ConvertKit.I've also sold digital products using Teachable, Etsy, Gumroad, and my own website(s).
Persons: Kristen Walters, I've, it's, Jasper, ConvertKit.I've, people's, snoop, It's Organizations: YouTube, Adsense, Jasper, Management, PAS, Amazon Associates, AIDA, Publishing, KDP Locations: Jasper, Park
☆ A step-by-step guide on how to create and monetize an e-book in as little as one weekend
  + stars: | 2023-06-01 | by ( Corrie Alexander | ) www.businessinsider.com   time to read: +12 min
Alexander says that with the right tools you can create a book in as little as a weekend. Canva has a ton of free book cover templates that you can use as a springboard for your own design. To create your e-book, I would recommend one of two options:Canva: The first option is to create your e-book within Canva. However, there is still a lot of work you'll need to do to get the e-book ready. For instance, you'll need to manually add in your table of contents, page numbers, and any other visual elements.
Persons: Corrie Alexander, Alexander, —, caan, Jasper, Jasper Jumpstart, You'll, Grammarly, Speechify, Canva, Jasper Art, you've, It's, you'll Organizations: Service, Google, PayPal, YouTube Locations: Jasper, Canva
☆ The contender for tech's next big boom or bubble is here
  + stars: | 2023-01-13 | by ( Jake Swearingen | ) www.businessinsider.com   time to read: +5 min
It's the hunt for big paydays that keeps VC markets a little frothy when new tech like generative AI hits the scene. And a bubble is only a bubble in the rear-view — in the moment, it's just making sure you don't miss out on the future. Generative AI tools can be used to create a variety of texts and images like this one, which was produced by OpenAI's DALL-E 2. But could generative AI be the next bubble in tech? Click here to read whether the next tech bubble is already here.
☆ ChatGPT and generative AI look like tech's next boom. They could be the next bubble.
  + stars: | 2023-01-12 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +5 min
Generative AI is the catchall term for artificial intelligence that can create something new — text or images for example — from existing data, when given prompts. OpenAI's generative AI tools can seemingly do anything from write poetry and code to producing frame-worthy art, triggering huge excitement in the space. How generative AI generates revenue is unclearAll of this might be justifiable if there was a clear path for AI firms to make money. Some of the hype around generative AI may be justified and the technology feels genuinely exciting. But to avoid another bubble, investors would do well to quiz the fundamentals of generative AI businesses, before handing out hefty valuations.
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