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- AWS aims to be the "Switzerland" of LLMs, YC portfolio cos upset about Continuity Fund shutdown
AWS aims to be the "Switzerland" of LLMs, YC portfolio cos upset about Continuity Fund shutdown
AWS is targeting corporate clients and will act as the “Switzerland” of LLMs, allowing businesses to access LLMs from Anthropic, Stability AI, and others; Amazon is aiming to become a leading neutral platform for generative AI - Link
Later-stage YC portfolio companies expressed disappointment in the firm shutting down its Continuity Fund; YC plans to replace former partners with newly elected board members for its Continuity-backed startups - Link
WSJ sources: ByteDance is attempting to attract Meta VR developers to move their apps away from Meta's platform over to its Pico headset by offering devs $15K-$20K per title - Link
WSJ sources: IBM is considering selling its weather unit for as much as $1B to streamline ops; IBM acquired The Weather Company's B2B, mobile, and cloud-based businesses for ~$2B in 2015 - Link
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Copy.ai Founder Paul Yacoubian joins Jason to break down the evolution and progress that OpenAI has made with its GPT LLMs (2:38) before discussing the radical shifts that AI will cause across most industries (20:46). They end the show with a demo of Copy.ai and the legal issues surrounding training datasets (48:54). - Link
FT sources: SoftBank has sold ~$7.2B worth of Alibaba shares so far this year after selling ~$29B last year; Softbank at one point owned 34% of Alibaba but plans to cut its stake to 3.8% - Link
Cybersyn, a NY-based data-as-a-service startup that makes public and proprietary economic data more accessible, came out of stealth mode and announced a $62.9M Series A led by Snowflake - Link
Arkansas Governor Sarah Huckabee Sanders signed a bill that would require children under 18 to attain adult permission to register for social media; the "Social Media Safety Act" will take effect in September - Link
ETH rallied above $2K for the first time since August as Ethereum's Shanghai update successfully went through without any issues - Link
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