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Tank Talks By Ripple Ventures

News Rundown: Cohere raising $500M with PSP, Schools Sue Social Media for $4.5B, Going Private, and SBF gets sentenced

Apr 4, 2024
21:19

Topics John Ruffolo and Matt Cohen discuss:

* (00:00) Cohere's significant fundraising efforts, competing in the LLM space, and the notable involvement of Canadian pension funds at a valuation of $5 billion.

* (03:29) Canada's strategy in artificial intelligence emphasizes the critical role of government in education and talent development, but is direct governmental involvement in AI businesses effective?

* (06:09) A $4.5 billion lawsuit has been filed against major social media companies by four Canadian school boards

* (11:15) Canadian public tech companies like Nuve and Lightspeed consider privatization to avoid public market scrutiny and leverage private investment strategies

* (17:00) FTX founder Sam Bankman-Fried sentenced to 25 years for fraud what will the implications be for investor compensation and the broader crypto industry

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Podcast production support provided by Agentbee.ai



This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit tanktalks.substack.com

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