article thumbnail

The Changing Venture Landscape

Both Sides of the Table

.” * I first wrote about the changes to the Venture Capital ecosystem 10 years ago and this still serves as a good primer of how we arrived at 2011, a decade on from the Web 1.0 They might be ideas they hatch internally (via a Foundry) or a founder who just left SpaceX and raises money to search for an idea. dot-com bonanza.

article thumbnail

Elon Musk Backs Billion Dollar Artificial Intelligence Effort

socalTECH

Elon Musk , the billionaire technology mogul behind SpaceX, has put some money behind--surprisingly--an effort to help developer artificial intelligence research. OpenAI says its goal is to advance digital intelligence in a way that "is most likely to benefit humanity as a whole, unconstrained by a need to generate financial return."

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

9 Innovative Startups To Watch For in 2024

Tech.Co

However, its unique-for-the-industry monthly subscription model has helped it maintain healthy profits from its loyal customer base in 2023. The startup was listed in TIME100 Most Influential Companies 2023 too, alongside industry heavyweights like Nvidia and SpaceX. Organic milk formula product Bobbie.

Startup 210
article thumbnail

What Is xAI? Elon Musk Reveals New Startup To Rival OpenAI

Tech.Co

The billionaire SpaceX chief certainly knows how to build an AI company, having co-founded ChatGPT owner OpenAI back in 2015, only to sell his stake three years due to a perceived conflict of interest with his electric vehicle company Tesla.