“You raised some money. How big is the new fund? Yeah. So we just raised 50 million bucks.”
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Said on TBPN
“We raised $50 million on a $750 valuation… we are going to invest heavily in AI… design cycles go down from 12 months to 12 weeks to 12 hours”
TBPN · White House AI Accord, Model Welfare, Ken Griffindor School of Market Wizardry | Ali Golshan, Mike Intrator, Vlad Tenev, Pari Singh, Minna Song, Dev Ittycheria, Daragh Murphy, Noah Friedman
Play from 1:54:37
1:54:37
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What was described
raised $50 million at a $750 million valuation to invest heavily in AI for hardware design
$50 million; $750 million valuation
Said nearby on the same subject
“The surge prompted the company to, quote, throttle growth by raising the minimum investment for some new accounts from $1 million to $10 million.”
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Said on WSJ What’s News
“He just raised $10 million for a new startup ... Cal AI blew up ... pulled in over $30 million in annual revenue in under two years”
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Said on Claude AI Daily
“The extension… is a little bit over 70 million pounds. The super computer itself will be between 300 and 350 million pounds… electricity will cost somewhere around 160, 180 million pounds… adds up to 750 million”
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Said on Tech Life
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