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20VC: Is More Compute the Answer to Model Performance | Why OpenAI Abandons Products, The Biggest Opportunities They Have Not Taken & Analysing Their Race for AGI | What Companies, AI Labs and Startups Get Wrong About AI with Ethan Mollick
The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch
Innovation Flourishes in Proximity
Investment and innovation are deeply influenced by geographic proximity, particularly in Silicon Valley, where venture capitalists thrive on face-to-face networking and connection with companies. Regulatory environments, especially in the EU, impact the development and scaling of technology, particularly AI, suggesting that restrictive measures can hinder progress. The data indicates that graduates from elite universities consistently attract more capital than their peers in other regions, emphasizing the importance of established innovation ecosystems. Successful startups often emerge from locations with concentrated resources and connections, highlighting that physical proximity remains critical for fostering entrepreneurial success.
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