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Let’s go through some significant news in AI:
● Sam Altman, CEO of OpenAI, launched a SPAC for Oklo (nuclear power) and Worldcoin in the same month
● Elon Musk launched xAI to take on OpenAI
● Hugging Face, the model hosting site, is raising a $4B valuation
● Meta released Llama 2, its open-source LLM, making it commercially viable
This is a significant deal since anyone can now host these chat models for free but run businesses off them. Fine-tuning this model for specific purposes could yield highly valuable startups
● Futureverse (Fluf NFT), which has touted itself as an AI Metaverse, raised $50M
● The White House got commitments from many AI CEOs to think about safety
● Amazon is trying to become the hosting service of foundational models with Bedrock
Please find out more checking our Profile
● Sam Altman, CEO of OpenAI, launched a SPAC for Oklo (nuclear power) and Worldcoin in the same month
● Elon Musk launched xAI to take on OpenAI
● Hugging Face, the model hosting site, is raising a $4B valuation
● Meta released Llama 2, its open-source LLM, making it commercially viable
This is a significant deal since anyone can now host these chat models for free but run businesses off them. Fine-tuning this model for specific purposes could yield highly valuable startups
● Futureverse (Fluf NFT), which has touted itself as an AI Metaverse, raised $50M
● The White House got commitments from many AI CEOs to think about safety
● Amazon is trying to become the hosting service of foundational models with Bedrock
Please find out more checking our Profile
Crypto Narratives: The Layer 2 Playbook
Another month, another couple of Layer 2’s are announced. We’re beginning to see a trend here and going through “Layer 2 Szn”. The problem? Layer 2 Season has not drawn outside capital into the crypto ecosystem. Currently, macroeconomic circumstances are forcing the market to be priced accordingly.
If you recall, Layer 1 chains have had a pretty organized playbook until now; you have some “awesome ability,” whether it’s “faster,” “ZK,” or “gaming-focused,” the result is always the same. A layer
If you recall, Layer 1 chains have had a pretty organized playbook until now; you have some “awesome ability,” whether it’s “faster,” “ZK,” or “gaming-focused,” the result is always the same. A layer
Learn from Robert Kiyosaki’s Crypto Advisor for FREE!
Crypto Narratives: DeFi’s Next Killer Use Case
It’s been widely accepted that Decentralized Finance (DeFi) is perhaps Web3’s most valuable use case. The upside potential is massive if you take the total market size of anything related to payments, trading, custody, or banking in general. That doesn’t mean, though, that DeFi should be worth many billions; it just means that the total addressable market is way more significant than any other problem crypto is trying to solve.
That being said, ba
It’s been widely accepted that Decentralized Finance (DeFi) is perhaps Web3’s most valuable use case. The upside potential is massive if you take the total market size of anything related to payments, trading, custody, or banking in general. That doesn’t mean, though, that DeFi should be worth many billions; it just means that the total addressable market is way more significant than any other problem crypto is trying to solve.
That being said, ba
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