This Week in Startups

TWIST News: xAI's massive $6B raise, the startups building our drone future & TWIST500 | E1957

May 29, 2024

01:13:18

Snipd AI

Topics discussed include xAI's massive $6B raise, startups shaping the drone future, North Korean tech talent in US jobs, armed robot dogs, AI foundation models, financial prospects, post-apocalyptic tech industry, curated startup lists, Dev Squad for team building, ethics of drones with weapons, remote work schemes, and PR agency annoyances.

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Quick takeaways

Massive $6B investment in AI sparks valuation debates and predicts trillion-dollar companies.

AI as the primary internet interface foreseen with gradual integration and monetization opportunities.

Introduction of TWiST500 to curate notable startups for deeper industry insights and engagement.

Deep dives

XAI's $6 Billion Funding Round Sparks Debate on AI Race

XAI's recent $6 billion funding round has sparked debate on the enormous investment in large language models and AI. The significant costs of talent and hardware to compete in the AI space are leading to sky-high valuations. Companies like NVIDIA are benefiting from the AI race, with predictions of three major winners emerging, potentially becoming trillion-dollar companies.

Exploring Monetization and TAM through Visionary Risk-Takers

01:52

Expanding AI's Market Potential

01:56

Strategic Investment in AI for Highest Economic Value

01:32

Introduction

2min

Exploring the Billion-Dollar Raise and Future of AI Competition

4min

Discussion on Investing in AI Foundation Models and Concerns About Model Depreciation

2min

Analyzing the Financial Prospects of Advanced AI Models and Future Internet Connectivity

5min

Exploring the Potential of AI in Everyday Life

13min

Building Self-Sufficiency: Lessons from a Post-Apocalyptic Landscape to Tech Industry

2min

Venturing into Tech Investments and Startup Curation

10min

Building a Strong Startup Team with Dev Squad

2min

Drones with Weapons and Ethical Dilemmas

16min

10.

Remote Work, North Korean Missile Funding, and Spite Sheds

15min

11.

Discussion on PR agencies, podcast pitches, and database spam

3min

This Week in Startups is brought to you by…

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Todays show:

Jason and Alex discuss xAI raising $6B (2:07), the TWiST500 (30:11), the startups building our drone future (39:55), North Korean tech talent taking American remote tech jobs (55:50), and more!

Timestamps:

(0:00) Jason and Alex kick off the show

(2:07) xAI raised $6B series B

(10:03) LinkedIn Ads - Get a $100 LinkedIn ad credit at http://www.linkedin.com/thisweekinstartups

(11:30) The evolution of smartphone adoption over time

(19:08) Global Internet users from 2005-2023

(26:06) Vanta - Get $1000 off your SOC 2 at http://www.vanta.com/twist

(26:57) The control over silicon and Apple’s move switch from Intel

(30:11) TWiST500 announcement

(38:24) DevSquad - Get an entire product team for the cost of one US developer plus 10% off at http://devsquad.com/twist

(39:55) Armed robot dogs, drone warfare, and the startups building our drone future

(55:50) North Korean nationals taking American remote tech jobs