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Lio raises $30M from Andreessen Horowitz and others to automate enterprise procurement
Lio’s co-founders know firsthand that procurement — the process enterprises use to purchase services from vendors — is often a bottleneck. Vladimir Keil, the company’s co-founder and CEO, had experienced this problem as an employee inside a large company and then again while building his first startup. “When we were selling enterprise software, we had to go through procurement ourselves and saw…
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Lio Lands $30M From A16z to Revolutionize Enterprise Buying
The originators of Lio are acutely aware that the acquisition of services by corporations from suppliers, a process known as procurement, frequently presents a significant impediment. Vladimir Keil, the firm’s co-founder and CEO, had encountered this issue firsthand, initially as a staff member within a substantial organization, and subsequently during the establishment of his inaugural…
Substack raises $100M from Chernin Group, Andreessen Horowitz, Skims CEO and extra
Substack introduced on Thursday that it has raised $100 million in Sequence C funding led by traders at BOND and The Chernin Group (TCG). The spherical included participation from Andreessen Horowitz, Wealthy Paul, CEO and founding father of Klutch Sports activities Group, and Jens Grede, CEO and co-founder of Skims. The New York Occasions reviews that the funding brings Substack’s valuation to…
Marc Andreessen reportedly instructed group chat that universities will ‘pay the value’ for DEI
Enterprise capitalist Marc Andreessen sharply criticized universities together with Stanford and MIT, together with the Nationwide Science Basis, in a gaggle chat with AI scientists and Trump administration officers, in keeping with screenshots considered by the Washington Put up. In keeping with the Put up, Andreessen described MIT and Stanford (which I attended 20 years in the past) as…
Chaque semestre, Andreessen Horowitz publie son classement des 100 applications d'intelligence artificielle (IA) les plus utilisées
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Blockchain Firm Raises Millions From Andreessen Horowitz, Paris Hilton to Help Monetize AI Mashups
Investors Pledge $54 Million to Support Story Protocol’s Plan to Help Copyright Holders in AI Age
U.S. blockchain company Story Protocol has won the support of a group of investors led by American venture capital firm Andreessen Horowitz for its plan to help content creators track and monetize their work in the times of generative AI, Bloomberg reported. Against the backdrop of low investor interest in crypto startups, the San Francisco-based tech firm managed to raise $54 million. Among those who offered funding for its project are also Hashed, Endeavor, Samsung Next, TPG Capital founder David Bonderman, and Paris Hilton’s 11:11 media. Besides receiving equity in Story, whose valuation was not disclosed, Andreessen has also obtained the right to buy digital tokens, if the company decides to issue such, although co-founder Jason Zhao indicated that it does not currently intend to do so. The launch of Openai’s Chatgpt and other platforms utilizing artificial intelligence attracted millions of users to AI tools which led to a spike in remixes and mashups online, the report notes. Lawsuits filed by copyright holders have also surged in number. In response to this trend, Story Protocol is building a blockchain-based repository of intellectual property for various types of content, including prose, images and audio, that an author would be able to register their work with and then use connected apps to sell licensing rights. “In a year or two the level of remixed content through GenAI is going to be so much higher,” remarked Story’s other co-founder, Seung-Yoon Lee. He gave an example with a song featuring AI-generated versions of the voices of artists Drake and the Weeknd which became viral before it was shut down by Universal Music Group. At the same time, Lee also pointed out: You can’t go and cease and desist everything. The investment will allow Story Protocol to launch its blockchain technology in the first half of 2024, Jason Zhao noted. It comes despite a venture capital drought in the crypto space with funding for startups declining since prices of digital assets dropped last year and amid an ongoing regulatory crackdown on the industry. Do you think crypto companies should develop more products with AI applications to attract investment? Share your thoughts on the subject in the comments section below. Read the full article
Silicon Valley Tech Moguls Want to Build a New City in California
When rich people start buying up land, it’s always fairly disturbing. If and when those same people start telling you that they’re going to use the land to make the world a better place, it’d only be natural to feel certifiably creeped out. Unfortunately, this is what’s been happening in northern California, where some of Silicon Valley’s most prominent bigwigs have snatched up a huge amount of…
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