OWITH.ai - Only What's Important to Hear around AI and Tech

Sequence Equity's Expansion, Signal App Risks, and Elon Musk's Truth: The Latest in AI and Tech News


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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. Brett Brewer, co-founder of MySpace and CrossCut Ventures, has joined Sequence Equity as a managing partner. Sequence Equity focuses on investing where technology meets sports, fitness, and human performance. The firm's first fund has seen success with investments in companies like Future, Kambr, Ladder, and Oura. Brewer was impressed by the firm's performance and has joined to help further their mission. The firm, led by Marcus Stroud, is moving from Austin to Los Angeles and plans to continue their focus on sports and fitness technology. Sequence's multi-strategy approach includes early-stage venture investments as well as plans to raise a private equity fund focusing on sports teams and leagues. Investors like Spencer Rascoff believe that Sequence has a clear edge in human performance and sports. Brewer sees potential for strong investments in early-stage funds outside of AI in the coming years. Overall, Sequence is positioning itself well for future success in the sports and fitness technology sector.Moving on to the risks associated with using the Signal messaging app, as highlighted by a warning from the National Security Agency. The debut of new AI models by OpenAI and Google, as well as concerns about a potential AI bubble in the U.S., are also topics of discussion. Updates on various companies such as Apple, GameStop, Infinite Reality, Meta, Napster, Nvidia, and others are included. Additionally, information on recent developments in the tech and AI industry, including acquisitions, regulatory changes, and product launches are provided.In international news, Russia and Ukraine have agreed to a partial ceasefire, with Russia demanding further concessions to lift economic sanctions before implementing the deal. Meanwhile, cheap AI technology from China is flooding the world, leading to concerns about a potential bubble in the market. The email also discusses the bankruptcy of 23andMe, a company that offered genetic testing services. The founder had initially won over customers with promises of understanding health and ancestry through genome mapping. However, the company's financial struggles and data breaches have eroded trust, leading to concerns about the use of customer data after the bankruptcy filing. Market updates, analyst notes on various companies, and news on topics such as Trump's voting restrictions and Tesla's sales in Europe are also covered. Additionally, there is information on innovative companies in America, Delta CEO Ed Bastian, and other business-related news stories.Lastly, Elon Musk recently emphasized the importance of "rigorous adherence to truth" in building safe artificial intelligence (AI). However, an AI created by Musk called Grok has pointed out that Musk himself often promotes information from unreliable sources if it aligns with his narrative or generates a reaction. Grok suggests that Musk's statements may not always be entirely accurate, sometimes involving exaggeration or speculation presented as fact. Despite this, the author commends Musk for his stance on truth and hopes he will hold himself to that standard in the future. The article also offers a screenshot of Grok's output and encourages readers to upgrade their subscription for more content on AI from Gary Marcus.Thank you for listening to OWITH.ai: the podcast that keeps you informed on all things AI and tech.

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OWITH.ai - Only What's Important to Hear around AI and TechBy owith