Equity Equity Live: Bret Taylor’s $4.5 billion startup and Waymo’s $5.6 billion round
Oct 30, 2024
The hosts dive into a thrilling conversation about Bret Taylor's AI startup, Sierra, securing $175 million and its ambitious plans. They discuss Waymo's substantial funding, examining its competitive edge in the autonomous vehicle space against Tesla. The show highlights General Catalyst's impressive $8 billion fund aimed at early-stage startups and the evolving investment landscape in Saudi Arabia. There's also a nod to exciting developments in space technology, all wrapped up with insights from dynamic startup pitches.
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Space Trip
- Devin Coldewey thought he would go to space with Virgin Galactic.
- They invited him to an event, but it wasn't actually about space travel.
Sierra's Chatbot Focus
- Sierra, co-founded by Bret Taylor, focuses on AI-powered customer service chatbots.
- Despite the existing chatbot market, Sierra's large funding and Taylor's enterprise experience suggest potential.
Sierra's Two-Model Approach
- Sierra's AI tech uses two models: one for heavy lifting and a second to check its work.
- This approach, involving an overseer model, aims to reduce hallucinations and improve reliability.