When Alexandr Wang left the company he founded almost a year ago, most figured the startup was as good as dead. Under new CEO Jason Droege, Scale says its sales have rebounded and it expects to top $1 billion in revenue this year.
Read more: https://t.co/MIzHXGHb2v
Photo: Ian Tuttle for Scale AI
My "Investor's Hot Take" in @TheAlexKnapp's @Forbes newsletter on which technologies are overhyped, which are insufficiently discussed, and which everyone will be talking about in 5 years: AI (sort-of); microbiome Tx; and quantum computing, respectively.
Plus, @DCVC portfolio company @kanvasbio and its deal with the Gates Foundation to create a synthetic bacterial microbiome, delivered in an ordinary pill, which will treat the 150M people in the poor world who suffer from Enteric Environmental Dysfunction, a disease that causes severe gut inflammation, preventing them from absorbing nutrients from food.
https://t.co/jZCDd3fuoB
Periodic Labs, which plans to push breakthroughs in physics and chemistry using artificial intelligence, is in talks to raise $500 million at a valuation of $7.5 billion, a nearly sixfold jump in just eight months https://t.co/J1dFfqDVJV
Corgi, an AI insurance startup, just raised $160 million at a $1.3 billion valuation. Its employees work 7 days a week, it owns and operates a 24/7 cafe and has a company-owned Corgi named Trudy, which employees walk and feed with the help of an AI bot. https://t.co/zfmdeZI8I6
ICYMI, the latest edition of my emerging tech newsletter, The Prototype, features research from @okta on the dangers of giving AI agents too much access, thoughts why Earth's orbit needs traffic management, how @Adobe is using vibe coding, and more.
https://t.co/4yDhr0kRjW
In the latest edition The Prototype, I looked at OpenAI's push on scientific R&D, explored a new discovery on rubber reinforcement, analyzed investment in the space industry, and explain why you really need to add that cornstarch to your stir fry.
https://t.co/nAifhYte24
Meet the #Forbes250 Greatest Living Self-Made Americans — from rags-to-riches founders to pioneers whose impact goes beyond wealth.
See who made the list: https://t.co/jlsTTfAW8K
In the latest edition of my newsletter, The Prototype, I take a look at NASA's nuclear-powered Mars mission, Google's new algorithms to compress memory for LLMs, how the Iran war will impact the deep tech sector and more.
https://t.co/AZvCGW7HhM
Yesterday, @BBCNews reported on a job listing at Anthropic for a chemical weapons expert.
If you read @UpstartsMediaCo, you heard all about this in January 👀
As a one-year-old media brand, I would have appreciated a link, but I'm validated that we're doing something right 🫡
In the latest edition of my emerging tech newsletter, I look at a startup that wants to build a power grid for satellites, a breakthrough discovery in photonics, AI tools for scientists, why rare earth metals might be overhyped and more.
https://t.co/lwPoX9LWJQ
Building space-based AI. Designing new molecules with quantum computers. Why pink noise is bad for your sleep. All that and more in this week’s edition of my newsletter, The Prototype.
https://t.co/q6gygmgv8U
By @Forbes' estimates, the elder Ellison, who is also Oracle’s largest shareholder, doesn’t have enough cash to fulfill his part of Paramount’s $111 billion offer for Warner Bros.
We'll know more in the coming days, but here’s how it could play out:
https://t.co/bFpg0boeTR
Scientists not wanting to deal with the hassle of AI is Tamarind Bio's origin story. Meet the startup building an operating system for biotech AI: https://t.co/5AnQfXLaon (📸: Cheri Tran Snaps)
Why medtech valuations are divorced from economics.
How @tamarindbio is building infrastructure to make AI work for scientists.
Why science says a good cold brew takes less time than you think.
All that and more in my newsletter, The Prototype.
https://t.co/yX14kyMSgR
When people tell entrepreneurs that they're going to fail, they're more more likely to succeed.
@SpaceX is building an orbital traffic system.
@Microsoft is using glass to hold data.
All this and more in my emerging tech newsletter, The Prototype.
https://t.co/ccNzAedcGp
Inside a new edition of The Prototype: why @Helion_Energy's latest milestone is a big deal, @Microsoft encoding data on glass, and why you shouldn't expect mass job displacement from AI in the near future.
Check it out!
https://t.co/ccNzAedcGp
America For Sale: These Great Inventions Have Sold For Big Bucks At Auction https://t.co/admTAaQH66 (📸: Associated Press, Christie’s, Bonhmas) #Forbes250