Tuesday, March 31, 2020

General Catalyst says it's raised $2.3B for a $600M early-stage fund, a $1B growth fund for companies with $10M+ in annual revenue, and a $700M "endurance fund" (Steven Bertoni/Forbes)

Steven Bertoni / Forbes:
General Catalyst says it's raised $2.3B for a $600M early-stage fund, a $1B growth fund for companies with $10M+ in annual revenue, and a $700M “endurance fund”  —  Despite rollercoaster markets, historic unemployment claims, and an expanding national shutdown …



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Ox Alpha, a "stealth model" from an unknown AI lab with a 1M-token multimodal context and capacity for 100T tokens/day, goes viral after launching on OpenRouter (Rohail Saleem/Wccftech)

Rohail Saleem / Wccftech : Ox Alpha, a “stealth model” from an unknown AI lab with a 1M-token multimodal context and capacity for 100T to...