Wednesday, June 28, 2023

Y Combinator received a record 24K applications for its latest cohort accepting less than 1% of which around 35% focus on AI and 50% use AI in their business (Bloomberg)

Bloomberg:
Y Combinator received a record 24K applications for its latest cohort, accepting less than 1%, of which around 35% focus on AI and 50% use AI in their business  —  More than one-third of the famed startup accelerator Y Combinator's latest batch of companies are focused specifically on artificial intelligence.



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Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each; SoftBank has already invested $30B (Bloomberg)

Bloomberg : Sources: SoftBank invites more banks to join its $40B loan backing its OpenAI investment, requiring them to commit ~$5B each;...