We are in the @SteveStoute proclaimed 1999/2000 bubble….
Albums back then only had one or two singles but customers were still paying $20 for the record. The bubble rewarded mediocrity and artists, labels, and music execs were making a killing.
It feels eerily similar in venture now. Too many funds investing in companies without even a hit single, let alone an album. Just narrative, perception, and unintelligent FOMO.
Anybody building insurance products for robotics - AMRs, humanoids, arms, etc..? Think FICO score for robotics.
Insurance is arguably the best biz model (second to AdWords) and current insurance products cannot underwrite and price autonomy.
Whoever builds this service also accrues the greatest AI data-set of all time: usage, cyber, open and closed-source models, tasks, maintenance, orchestration,etc. Access to all these is the only way to accurately underwrite.
If anybody is working on this - please contact.
@utekkare It seems like Captive is just the bootstrapping phase, not the equilibrium. You still need third-party benchmarks or robots never become broadly insurable but just financed.
The energy, anticipation, and collective talent coming to @reindsummit this year is truly unmatched. Detroit cementing itself as the epicenter of industrial talent and innovation
Can't wait to see the 800+ people coming to our Pre/Industrialize event tonight - LFG.
https://t.co/buZJ0HFHV7
Come listen to a fireside chat with the SBA and @christinekeung at our lightning talks/happy hour this Tuesday just outside of the Reindustrialize Summit.
Link below:
@CGarrett_15 I remember you telling me at Blue Bottle years ago that SpaceX would be largest company in the world one day. I didn’t see it. You did. BLT!
Congrats @ManevaAI team on this Series A 🚀 @640oxford is proud to be an early investor.
Maneva's magic is a tech stack that combines the latest computer vision models and reinforcement learning that's completely hardware agnostic - compatible with those fossil-like Axis 210 cameras!
This removes the historical barriers that's prevented manufacturer's from adopting new technology - (1) proprietary hardware; (2) long & expensive custom training runs; and (3) system integrators to activate the technology. ROI can be demonstrated in just weeks!
Combining this technology with a sales motion that speaks to manufacturer's soul - true understanding and empathy for factory-floor operations and a founding team that's previously worked on the assembly lines they're now optimizing.
We're hiring for every major function and looking to connect with manufacturers across confectionary, steel, glass, wood, meat processing, cosmetics, distribution, electronics, and pharmaceuticals.
Maneva has raised $27M in Series A led by @USVenturePartners, with continued backing from existing investors @BlingCapital, @FreestyleCapital, and several others. Our total capital raised now sits at $38.4M.
Global manufacturing runs at 60% efficiency against a $46T industry. That's $18T lost every year from lack of visibility and the right tools.
Our Video-to-Action AI turns existing factory cameras into real-time operational decisions, powered by deep learning vision and agentic systems that act, coordinate, and optimize the entire operation.
A special thank you to @mdgarratt and the @USVenturePartners team for leading this round. To our customers, partners, and investors: thank you for believing in what's possible on the factory floor.
https://t.co/AJ6oCj98m5
Every company is struggling with paying for the Ferrari model when they usually only need a Prius. The transparency on token spending / allotment will only increase when the labs go public.
Nobody has been thinking about this more than @tomas_hk and he’s built the preeminent model routing company @notdiamond_ai
A token is not a unit of value. It is no better a measure of value than word count is an effective measure of the value of a book. A token is a container for value, in which data is acted on to produce intelligence. Intelligence is the unit of value; computation is the price. https://t.co/tHdIzpJi5a