Friday, March 17, 2023

Thursday, March 16, 2023

How San Francisco's Hayes Valley, or "Cerebral Valley", became a hotbed for "hacker houses" and AI events, as the AI gold rush revives the Bay Area's tech scene (Nitasha Tiku/Washington Post)

Nitasha Tiku / Washington Post:
How San Francisco's Hayes Valley, or “Cerebral Valley”, became a hotbed for “hacker houses” and AI events, as the AI gold rush revives the Bay Area's tech scene  —  The money and power flooding into AI are warping and intensifying the typical Silicon Valley gold rush, now set to explode with the launch of GPT-4



Q&A with Signature Bank board member Barney Frank on the bank's downfall, the impact on crypto, weakening Dodd-Frank in 2018, tougher regulation, and more (Jen Wieczner/New York Magazine)

Jen Wieczner / New York Magazine:
Q&A with Signature Bank board member Barney Frank on the bank's downfall, the impact on crypto, weakening Dodd-Frank in 2018, tougher regulation, and more  —  The sudden string of bank failures over the past week conjured traumatic flashbacks of the 2008 financial crisis for many a banker.



OpenAI's GPT-4 is an outrageous, if imperfect, step forward, offering a glimpse of a future internet where generative AI creates one big personalized web portal (Ryan Broderick/Garbage Day)

Ryan Broderick / Garbage Day:
OpenAI's GPT-4 is an outrageous, if imperfect, step forward, offering a glimpse of a future internet where generative AI creates one big personalized web portal  —  Read to the end for a good Twitter reply  —  Building A Portal To Everything  —  Very often I will come up with a big existential question …



Investor presentation: SVB Capital, which manages $9.5B, invested $234M in Sequoia Capital as of May 2022, $173M in a16z funds in 2018 and 2021, and more (Kate Clark/The Information)

Kate Clark / The Information:
Investor presentation: SVB Capital, which manages $9.5B, invested $234M in Sequoia Capital as of May 2022, $173M in a16z funds in 2018 and 2021, and more  —  As potential buyers circle the remnants of Silicon Valley Bank and its affiliates, one asset could be particularly appealing: the company's venture capital arm.



Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; it was last valued at $1.2B in 2024 (Meir Orbach/CTech)

Meir Orbach / CTech : Docs: Israeli AI chip startup Hailo is pursuing an urgent IPO via a SPAC merger at a valuation of less than $500M; ...