‘Super weird’ is the best way to describe this startup’s pivot | Equity Podcast
This week on Equity, the podcast crew discusses several weird things, including autonomous trucking startup TuSimple’s pivot to… AI-generated animation and video games. Though there is some overlap between simulation and animation/gaming, it’s a wild and unexpected change for the company, and a lot of shareholders are not going for it. Apparently the new division…
Science & Technology
Black Founders Had a Great Fundraising Quarter…With a Catch
On one hand, US-based, Black-founded startups have already raised $643M, 70% of what was raised in the entirety of last year. But dig a little deeper into the numbers, and you’ll find that in the words of Crunchbase’s head of research: “…data has shown a persistent decline in funding to Black-founded companies that outpaces the…
Bloomberg Technology
Anthropic Disables AI Access for Foreign Nationals | Bloomberg Tech 6/15/2026
Bloomberg’s Ed Ludlow breaks down why Anthropic disabled access to its most advanced models for all foreign nationals after a request from the Trump administration. Plus, Nvidia is seeking to raise at least $20 billion from its first corporate bond sale since 2021. And, SpaceX shares throttle up on day 2 of trading, adding to…
Bloomberg Technology
China’s AI Markets Still ‘A Source of Funds’ Says Citigroup
Alicia Yap, Citi’s head of Pan-Asia Internet Research, breaks down where China’s tech market stands amid global AI adoption. But despite all this heavy corporate activity, Citigroup warns that global investors are still treating China tech as “a source of funds,” with Wall Street dumping local stocks to fund the global AI hardware trade. She…
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September 20, 2024 at 12:10 pm
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