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Andreessen Horowitz creates ‘Perennial’ evergreen fund amid market slowdown
Andreessen Horowitz, the storied venture firm known for being an early investor in some of the biggest tech companies including Airbnb, Coinbase and GitHub, has created a new fund to continue growing its business despite the slowdown in traditional VC funding. The evergreen fund is titled a16z Perennial Venture Capital Fund, according to a filing […]
Andreessen Horowitz creates ‘Perennial’ evergreen fund amid market slowdown by Jagmeet Singh originally published on TechCrunch
TikTok’s COO is leaving the company
TikTok’s longstanding COO V Pappas just announced plans to leave their executive role at the company. Pappas, who previously held positions as the global head of creative insights and audience development at YouTube, has been with TikTok for nearly five years. According to LinkedIn, Pappas first joined TikTok parent company ByteDance as a strategic advisor […]
TikTok’s COO is leaving the company by Taylor Hatmaker originally published on TechCrunch
Inflection debuts its own foundation AI model to rival Google and OpenAI LLMs
Inflection, a well-funded AI startup aiming to create “personal AI for everyone,” has taken the wraps off the large language model powering its Pi conversational agent. It’s hard to evaluate the quality of these things in any way, let alone objectively and systematically, but a little competition is a good thing. Inflection-1, as the model […]
Inflection debuts its own foundation AI model to rival Google and OpenAI LLMs by Devin Coldewey originally published on TechCrunch
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Falling into these 3 traps means you will never raise VC funding
If everything seems to be going well, but you’re not getting any traction, it’s probably because you’ve run into one of these three problems.
Falling into these 3 traps means you will never raise VC funding by Haje Jan Kamps originally published on TechCrunch
Fearless Fund raises multi-million-dollar follow-on round from Bank of America, Costco and Mastercard
This follow-on investment will allow the fund to continue expanding its portfolio, offering capital and mentorship opportunities to founders.
Fearless Fund raises multi-million-dollar follow-on round from Bank of America, Costco and Mastercard by Dominic-Madori Davis originally published on TechCrunch
AWS launches $100M program to fund generative AI initiatives
Amazon, keen to avoid being left behind in the hyper-competitive AI race, is launching a new program to invest in startups and organizations focused on generative AI. Called the AWS Generative AI Innovation Center, the program will put $100 million toward connecting AWS-affiliated data scientists, strategists, engineers and solutions architects with customers and partners to […]
AWS launches $100M program to fund generative AI initiatives by Kyle Wiggers originally published on TechCrunch