The Accelerated Growth and Challenges of AI Startups

Founder Mode? Not for me, says Sam Altman, but we will see. A few new gadgets from Samsung. Maybe ARM should buy Intel. Are AI startups hitting revenue traction faster than SaaS startups did? And, of course, the Weekend Longreads Suggestions.

Links:

• Sam Altman tells OpenAI staff there’s no plan for him to receive a ‘giant equity stake’ in company (CNBC)
• Samsung Galaxy S24 FE goes official starting at $649 – is it still a ‘Fan Edition?’ (9to5Google)
• Arm Is Rebuffed by Intel After Inquiring About Buying Product Unit (Bloomberg)
• Exponential growth brews 1 million AI models on Hugging Face (ArsTechnica)
• AI start-ups generate money faster than past hyped tech companies (FT)

Weekend Longreads Suggestions:

• McDonald’s touchscreen kiosks were feared as job killers. Instead, something surprising happened (CNN)
• Apple Rolls Back Its Big Plans to Release Movies in Theaters (Bloomberg)
• The 27-Year-Old Economic Adviser for Gen Z (WSJ)

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