Lukas

Building the future of procurement @Lio_Technology

[Max Mynter @MaxMynter]

So munich has become a city that celebrates fundraising by slapping stuff on the sidewalks.

[Vladimir Keil @askvladi]

Announcing Lio's $30M Series A, led by Andreessen Horowitz!

Procurement still operates like an administrative back-office function: rigid software, manual workflows and endless headcount. Enterprises spend over $180 billion annually on procurement talent and roughly $10 billion on procurement software, yet the problem persists. More software hasn't solved it. More hiring won't either.

Introducing @Lio_Technology (formerly askLio) the world's first multi-agent system for procurement. Our virtual workforce is already deployed at some of the world's largest enterprises, taking over the manual work that buries buyers, shared service centers, and BPOs today. But Lio doesn't just do the same job - it does work that was never humanly possible: renegotiating every contract, sourcing across every category, and preparing as well as analyzing every negotiation, all at once.

Lio's AI agents operate on top of existing procurement software and ERPs - no rip-and-replace - autonomously executing workflows end to end.
The results speak for themselves:

-   95% adoption rate
-   85% reduction in manual work
-   10% incremental savings
-   100% customer retention

Lio isn't a dashboard or a copilot. It's the execution layer for enterprise procurement. As one Head of Procurement put it:
"Lio is a cheaper, more scalable, and faster-to-onboard alternative to outsourcing."

Lio’s agents are already managing billions of dollars in enterprise spend across dozens of Global 2000 and Fortune 500 companies – from manufacturers to reinsurers to huge industrial conglomerates.

This raise accelerates our US expansion and the growth of our agent ecosystem as we build the infrastructure powering AI-driven procurement.

A huge thank you to our incredible team, customers, and advisors. Proud to have outstanding investors on board: the round was led by @a16z - special thanks to @seema_amble - with participation from SV Angel, @HarryStebbings, @ycombinator, and a group of leading procurement executives and successful founders.

Additional thanks to @BKRoberts, @arampell, @jamdac, @zephratic and @t_blom.

Whether as an enterprise partner or a new team member — join our mission now!

[Gustaf Alströmer @gustaf]

Y Combinator is coming to Munich to visit CDTM, TUM & LMU on April 23rd. I'm excited to chat with @MarcKlingen from @langfuse (YC W23).

I will also share what I learned from working with over 900 startups at @ycombinator and how to choose the right idea to work on.

If you are a student at one of these schools - we'd love to meet you.

[Joscha Bach @Plinz]

The hallucinations of LLMs are not a problem per se: human minds hallucinate too. If we remove the constraints of perceptual input, we spin off into dreams. If we don't verify our intuitive generations with reasoning, our thinking becomes delusional. Generative AI is incomplete.

[Noam Brown @polynoamial]

Well said. There is a big opportunity for a neutral third party like @scale_AI to step in as the "Moody's of LLMs" and provide rigorous and comprehensive evals of all models.

[Andrej Karpathy @karpathy]

With many 🧩 dropping recently, a more complete picture is emerging of LLMs not as a chatbot, but the kernel process of a new Operating System. E.g. today it orchestrates:

- Input & Output across modalities (text, audio, vision)
- Code interpreter, ability to write & run programs
- Browser / internet access
- Embeddings database for files and internal memory storage & retrieval

A lot of computing concepts carry over. Currently we have single-threaded execution running at ~10Hz (tok/s) and enjoy looking at the assembly-level execution traces stream by. Concepts from computer security carry over, with attacks, defenses and emerging vulnerabilities.

I also like the nearest neighbor analogy of "Operating System" because the industry is starting to shape up similar:
Windows, OS X, and Linux <-> GPT, PaLM, Claude, and Llama/Mistral(?:)).
An OS comes with default apps but has an app store.
Most apps can be adapted to multiple platforms.

TLDR looking at LLMs as chatbots is the same as looking at early computers as calculators. We're seeing an emergence of a whole new computing paradigm, and it is very early.

[Jared Friedman @snowmaker]

Last week we celebrated the end of YC's S23 batch. It seems like a good time to share some thoughts on the batch, and on the ways YC has changed in the last year.

[Marques Brownlee @MKBHD]

PSA for everyone who leaves their phones on silent and is about to get an iPhone 15 Pro: You can turn off the annoying permanent silent indicator in settings. You’re welcome

[Lukas @butterflock]

@victorcipollaa @paulg Checkout @asklio_ai We’re YC S23 and building Copilots for procurement. Happy to chat 👍

[Y Combinator @ycombinator]

First YC dinner in our new office ☺️

[Nico Ernst  @Golemiker]

Der deutsche Staat ist nicht in der Lage Bürger.innen Geld zu überweisen - kein Witz. Laut Lindner dauert Steuernummer und IBAN zusammenzuführen 18 Monate und es sind nur 100.000 Überweisungen pro Tag möglich. Wir sollten die #Digitalisierung lassen, Überweisungsträger ftw ;)

[Ben Phillips @benphillips76]

This is so good.

Man wakes up and it is 250 years later.

[Markus Paschke @Markuspaschi]

Interesting talk about jetpack compose internals.

How does the (re-)composition work under the hood?

Paradigms used :
1. Context awareness
2. Restartable functions
3. Skippable functions
4. Memoization

Check out @CanyuDev

#dcbln22 #droidconberlin #JetpackCompose

[Lukas @butterflock]

@quartettmobile at #dcbln22 / @droidconBerlin Amazing event with great talks

[Manuel @mjburghard]

I had my best #WWDC experience in 2018 - seeing the other side. I hope to be at an in-person event again in the future!

[Elon Musk @elonmusk]

I strongly believe that all managers in a technical area must be technically excellent.

Managers in software must write great software or it’s like being a cavalry captain who can’t ride a horse!

[Jonathan Morrison 🙋🏻‍♂️ @tldtoday]

we all need to watch this today

[Can Yumusak @CanyuDev]

So I tried to get my #JetpackCompose Typography on #AndroidDev looking like Figma and found out that this wasn't as easy as expected.
Some hours of deep dive later I decided to compile this little article with my learnings.

Hope this helps someone 📖!

https://t.co/07JVVwiyHu

[mihim bei 🌫️ || michim bei 🦣 @zrndng]

Freunde von uns, junges Paar aus 🇺🇦, seit ein paar Tagen in DE, suchen Arbeit. Er ist Projektleiter/#Scrum Master, sie #Grafikdesignerin (2D Game Development).
Er hat gute Deutschkenntnisse, beide hervorragend in Englisch.
RT wäre nett!
#Ukraine️ #it #Fahrradbubble

[Chris Arriola @arriolachris]

The dream is now a reality 🤩 I'm excited to share Maps Compose, a library to help you add a Google Map in Jetpack Compose. Go check it out: https://t.co/WyCQcxwXjG

#JetpackCompose #AndroidDev