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FPV’s Chan: We Never, Ever Invested Into the AI Hype

FPV Ventures Co-Founder and Managing Partner Wesley Chan joins Caroline Hyde and Ed Ludlow to discuss its $450 million fund focused on investing in mission-driven founders, as well as investing opportunities and the hype around generative AI. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest full episodes of “Bloomberg Technology” with…

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FPV Ventures Co-Founder and Managing Partner Wesley Chan joins Caroline Hyde and Ed Ludlow to discuss its $450 million fund focused on investing in mission-driven founders, as well as investing opportunities and the hype around generative AI.
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9 Comments

9 Comments

  1. C.V. V

    June 9, 2023 at 6:46 pm

    so there are smart investors like this guy still out there

  2. Thomas Swedmore

    June 9, 2023 at 11:21 pm

    when you try to look at everyone at the same time and end up looking at nobody.

  3. Religion Is for low IQ people

    June 10, 2023 at 8:45 am

    Smart guy

  4. rodney Pantony

    June 10, 2023 at 1:06 pm

    Proteins ARE robots and DeepMind/Alphafold enables humanity to harness about 200,000,000 nano robots. This adds trillions to global economy. One billion Ph.D. protein science years, or one million Ph.D. protein science candidates producing 10,000 protein science papers annually, can now translate the science to clinical and commercial applications. Previously protein Ph.D. students spent 5 years of drudgery and obscurity to solve one protein, now they can match nanorobots to practical application. Ditto other AI breakthroughs, producing more work, prosperity.

    It’d be nice to revisit the documentary The Symphony of the Soil and identify all species of soil microbes, 1,000s, 1,000,000s, 1,000,000,000s, etc and all past Planet Earth environments, just in case…

    Note that simply by switching your model of the world, you bring about great effects. ( PS I have satisfied myself that atoms are elemental quantum computers.)

    Action Required: Compute, verify or rebut that Proteins are Nanorobots which will add trillions to Global .

    Audi alteram partem from ChatGPT…( What ChatGPT misses is that proteins are dynamic, much like robots, or that proteins are like tradesmen and women on a construction site)

    ChatGPT

    While proteins and nanorobots are fundamentally different in their composition and origin, there are a few similarities between them:

    Functionality: Both proteins and nanorobots can be designed or evolved to perform specific functions. Proteins have diverse functions within living organisms, such as enzymatic catalysis, molecular transport, and signaling. Similarly, nanorobots are engineered to perform specific tasks, such as targeted drug delivery, sensing, or manipulation of biological systems.

    Structural Complexity: Both proteins and nanorobots can possess intricate structures. Proteins fold into complex three-dimensional shapes determined by their amino acid sequence, allowing them to carry out their specific functions. Similarly, nanorobots can be designed with intricate architectures and nanoscale components to achieve precise functionality.

    Manipulation and Interaction: Both proteins and nanorobots can interact with other molecules or entities in their environment. Proteins can bind to specific molecules, such as substrates or ligands, and undergo conformational changes to perform their functions. Nanorobots can also be designed to interact with specific targets, whether through molecular recognition, surface interactions, or other mechanisms.

    Application Potential: Both proteins and nanorobots have potential applications in various fields. Proteins are extensively studied and utilized in biotechnology, medicine, and other areas for their functional properties. Nanorobots, although still in the early stages of development, hold promise for applications in fields like medicine, nanoscale manufacturing, and environmental sensing.

    It’s important to note that these similarities should not overshadow the fundamental differences between proteins and nanorobots, as proteins are natural biological molecules while nanorobots are man-made devices.

  5. Chloné

    June 11, 2023 at 10:23 am

    the term AI itself is so broad. Most companies are doing conditioning and filtering

  6. Ish Mail

    June 12, 2023 at 2:27 am

    GBT Technologies is about to skyrocket.

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Bloomberg Technology

Joby Tests Air Taxis Between JFK Airport and Manhattan

Joby Aviation is flying electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise pollution. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed…

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Joby Aviation is flying electric air taxis between John F. Kennedy International Airport and Manhattan this week to show off its quieter, zero-emission aircraft in a city weary of noise pollution.
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OpenAI Drops Exclusivity Deal with Microsoft | Bloomberg Tech 4/27/2026

Bloomberg’s Ed Ludlow discusses Microsoft’s and OpenAI’s decision to drop exclusivity rights on AI models in a move that opens the doors for the rivals to make new deals. Plus, China blocks Meta’s $2 billion purchase of AI startup Manus. And, the feud between Elon Musk and Sam Altman heads to court with the Tesla…

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Bloomberg’s Ed Ludlow discusses Microsoft’s and OpenAI’s decision to drop exclusivity rights on AI models in a move that opens the doors for the rivals to make new deals. Plus, China blocks Meta’s $2 billion purchase of AI startup Manus. And, the feud between Elon Musk and Sam Altman heads to court with the Tesla CEO alleging OpenAI abandoned its founding mission.

Chapters:
00:00:00 – Intro
00:11:28 – Chip Stocks Slide, Imperiling Record 18-Day Rally
00:17:20 – Meta, Microsoft Trim Workforce Amid Heavy AI Spend
00:33:37 – China Blocks Meta’s $2B Purchase of AI Firm Manus
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Big Job Cuts Come Ahead of Big Tech Earnings

Microsoft and Meta have announced plans that could reduce their workforces by thousands ahead of releasing their quarterly earnings later this week. Sarah Franklin, CEO of the human resources platform Lattice, says “Tokenmaxxing”, AI use and large job cuts aren’t the right things to focus on to free up capital. She joins Ed Ludlow on…

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Microsoft and Meta have announced plans that could reduce their workforces by thousands ahead of releasing their quarterly earnings later this week. Sarah Franklin, CEO of the human resources platform Lattice, says “Tokenmaxxing”, AI use and large job cuts aren’t the right things to focus on to free up capital. She joins Ed Ludlow on “Bloomberg Tech.”
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