51–60 of 124 posts
Congrats to the folks involved. Even knowing this is partly motivated by branding/marketing, it's great to see a16z getting more aligned with solving real pain points (vs crypto and churning out shallow media in recent years). Hope they can keep it up and hopefully more "thought leaders"/VCs follow suit. Best of luck.
Always seems to me our economy is being less based on money and more on energy and productivity, basically being rounded down to physics as a healthy market economy should.
“We are disguising this round of seed funding as a grant, accomplishing all of the below: 1) brand-washing for people who don’t do the math 2) avoiding angering our LPs and/or violating our fund theses and 3) getting in on the ground floor of things that might follow OpenAI through the non-profit-to-VC-darling door Thanks for reading our press release, feel free to try to apply using your personal network (somehow) b…
unless i'm missing something, they're not taking equity. that's what makes it a grant, and not seed funding. what math should i be doing here?
The bigger math is significance_of_contribution = $size_ai_grant_program/$size_ai_vc_program (or maybe $size_ai_grant_program - $size_ai_vc_program)
[ 0 https://link.springer.com/chapter/10.1007/978-3-030-72428-3_... ]
Congrats to the folks involved. Even knowing this is partly motivated by branding/marketing, it's great to see a16z getting more aligned with solving real pain points (vs crypto and churning out shallow media in recent years). Hope they can keep it up and hopefully more "thought leaders"/VCs follow suit. Best of luck.
No, they're still saving the world, only now not through crypto but through AI... https://a16z.com/2023/06/06/ai-will-save-the-world/
Congrats to the folks involved. Even knowing this is partly motivated by branding/marketing, it's great to see a16z getting more aligned with solving real pain points (vs crypto and churning out shallow media in recent years). Hope they can keep it up and hopefully more "thought leaders"/VCs follow suit. Best of luck.
No, they're still saving the world, only now not through crypto but through AI... https://a16z.com/2023/06/06/ai-will-save-the-world/
Certainly there are plenty of grifters in AI too (as with any gold rush) and many AI efforts will fizzle out. But it seems there is more real value being created here than in crypto, which is the main thing I'm excited about and hope to see more of
Earlier quoted context omitted.
unless i'm missing something, they're not taking equity. that's what makes it a grant, and not seed funding. what math should i be doing here?
Probably the grants have clauses that convert them to debt or equity in case of a transition of the company. [0] The bigger math is significance_of_contribution = $size_ai_grant_program/$size_ai_vc_program (or maybe $size_ai_grant_program - $size_ai_vc_program) [ 0 https://link.springer.com/chapter/10.1007/978-3-030-72428-3_... ]
I don't want to donate the cash but instead set up a handful of GPUs(Somehow?) and let people pay at cost to use them.
Noob Q: If I have 25000$ can I buy some GPUs and support the effort for supporting GPU Poor? Like is there a DIYer's guide to do this? I don't want to donate the cash but instead set up a handful of GPUs(Somehow?) and let people pay at cost to use them.
Makes me very happy that this is being undertaken.
LLMs will be a very valuable tool. Having censorship built into these tools makes me very nervous. Imagine if Word refused to allow you to type any “bad word” in the name of safety and ethics.