What’s happening in tech • Stay informed with my weekly digest👇🏻
Joined September 2022
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The Trump administration has been exploring taking an equity stake in various AI companies like OpenAI where a portion of returns would be shared to the American people so everyone can benefit from the success of AI.
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Meta plans to raise BILLIONS in equity to fund its AI buildout efforts
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NYC > SF any day
NYC is absolutely electric right now.
Perfect weather. Knicks in the Finals. Hyrox going on. Interns. Summer Friday. Every bar is buzzing. Everyone is outside.
I honestly can’t remember the city having more energy than it does today
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Airbnb's CEO Brian Chesky is starting a new AI lab focused on design and ui
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Market research firm AlphaSense raises a new $350M at a $7.5B valuation
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Robinhood reaches $400M annualized revenue for its prediction markets business
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For context, it’s hitting over $4B total annualized revenue this year
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Uber ($UBER) is partnering with WeRide to launch robotaxis in Madrid later this year
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Anthropic files for IPO later this year at a $965B valuation
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19 Aug 2024
Curious to know why AI startups seek outside help for fundraising?
Read more about it here: darkmodedigest.com/p/why-ai-…
#investmentbank #aistartup #newsletter #ainews
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3 Aug 2024
In today's 🔥 newsletter, we break down the earnings for tech companies like Alphabet, Amazon, AMD, Coinbase, Intel, Microsoft, Meta, and more...
Check it out here 👇
darkmodedigest.com/p/tech-q2…
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1 Aug 2024
TikTok’s AI spending is driving Microsoft’s booming AI business
👇 View images for more details
Follow @DarkModeDigest for more tech insights!
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31 Jul 2024
What does the disastrous CrowdStrike outage tell us about our society today??
As the world becomes more digital, it reminds us of the vulnerabilities in our interconnected world. It was a significant global event that emphasized today’s dependency on digital infrastructures 👇
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30 Jul 2024
Stripe acquired one of its payments competitors Lemon Squeezy for an undisclosed amount...
The most interesting part? 👇
Lemon Squeezy has just 13 employees and its CEO JR Farr said that since it launched in 2021, it's received many acquisition offers and Series A term sheets
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30 Jul 2024
He even turned down a $50M Series A term sheet 🤯...
It's actually not entirely clear how much funding the company has right now, if any...
but it surpassed $1M ARR within 9 months of its public launch in 2021...
It went from idea to acquisition in under 3 years...
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30 Jul 2024
Stripe def seems like the right partner here to take their merchant of record to the next level
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