Jul 11 2024
Listen (with more features!) on the PocketPod iOS app:
https://apps.apple.com/us/app/pocketpod-personal-podcasts/id6502619728
AMD has made a significant move by acquiring Finnish AI startup Silo AI for $665 million, marking the largest takeover in Europe. The acquisition aims to strengthen AMD's AI services to compete with Nvidia, allowing Silo's team to leverage AMD's software tools for developing large language models. Additionally, the deal reflects AMD's strategy to enhance its AI technology stack and expand customer engagements, aligning with Silo AI's goal of democratizing access to LLMs and promoting European digital sovereignty. In a separate context, online mapping systems from tech giants like Google and Apple are criticized for prioritizing speed over safety, leading to dangerous and frustrating situations for drivers. Lastly, an overview of venture capital, defense technology, space investment, and blockchain showcases how Silicon Valley capital is reshaping defense tech with ex-military personnel while highlighting growth potential in areas like early-stage investments and space-focused strategies. The article also delves into ethical controversies in crypto VC, emphasizing the complex nature of the sector and illustrating the evolving dynamics and interconnected challenges present in modern investment landscapes.
https://apps.apple.com/us/app/pocketpod-personal-podcasts/id6502619728
AMD has made a significant move by acquiring Finnish AI startup Silo AI for $665 million, marking the largest takeover in Europe. The acquisition aims to strengthen AMD's AI services to compete with Nvidia, allowing Silo's team to leverage AMD's software tools for developing large language models. Additionally, the deal reflects AMD's strategy to enhance its AI technology stack and expand customer engagements, aligning with Silo AI's goal of democratizing access to LLMs and promoting European digital sovereignty. In a separate context, online mapping systems from tech giants like Google and Apple are criticized for prioritizing speed over safety, leading to dangerous and frustrating situations for drivers. Lastly, an overview of venture capital, defense technology, space investment, and blockchain showcases how Silicon Valley capital is reshaping defense tech with ex-military personnel while highlighting growth potential in areas like early-stage investments and space-focused strategies. The article also delves into ethical controversies in crypto VC, emphasizing the complex nature of the sector and illustrating the evolving dynamics and interconnected challenges present in modern investment landscapes.