You’d think AI lifts the performance boat for everyone, but seems opposite is true: strong pre-AI teams get AI maxxed, weak performers drown in AI slop across the board (exploding LOC/engineer, bad PRDs eloquently dressed up, weak strategy). An accelerator for path dependency.
We've launched Claude for Financial Services.
Claude now integrates with leading data platforms and industry providers for real-time access to comprehensive financial information, verified across internal and industry sources.
PDF parsing is solved (again).
Mistral's new OCR API
— parses 1000-2000 pages for $1
— achieves state of the art results on tables, multilingual
— supports structure: images, bounding boxes, scans, equations
90% of the world's organizational data is in PDFs.
One theme in the YC batch I think will actually turn out to be the main theme in this age of AI: human in the loop is here
Human augmentation will be much more a prime theme than human replacement
A doctor with an AI can provide far better primary care than without
Proud to support this petition for a unified pan-European startup entity. Let’s unite Europe's startup ecosystems! https://t.co/tJMEhwZtnT 🇪🇺 https://t.co/LDoe87WG6D
“Fintech lending is just subprime lending in disguise.” 😳
Ever since I encountered this phrase during an SME lending project, I have wondered whether data-driven fintechs can truly outperform the industry average in loan defaults.
⬇️⬇️⬇️
https://t.co/pNbY8REoJL?
#fintech
As financial services are atomized and natively integrated into the propositions of non-financial brands, banks need to decide how to line up against such new business and distribution models - check out my latest podcast to learn more:
https://t.co/C6foYR1IGl #fintech
How many users does Twitter really have❓
Depending on where you look, Twitter has 300-400 million users. @elonmusk says that Twitter claims >95% of these are "real, unique humans"... 🤖
...but Elon doesn't believe this. 🤷♂️
Here is my challenge/offer to @twitter and @paraga:
How to lose $35 billion of market cap in less than 2 years
Peloton CEO John Foley is stepping down after investors voiced grave concerns in a presentation to the company
The wild part? The presentation is PUBLIC...and oh boy is it ugly for $PTON management
My breakdown ⬇️
Check out the 1st episode of our fireside chats with @tuumplatform and Januar, exploring the state of banking entering 2022 👉 https://t.co/NuRDJ21euE #fintech
1/ Crypto wallets will be the key to unlocking mainstream adoption. The current versions are fit for purpose, but we need much better solutions if we ever want to see 1billion+ crypto users
#metamask#web3#cryptowallet
Congrats to @Shopify on the launch of Shopify Balance!
Great use case combining Stripe Issuing and Stripe Treasury. Exciting to work with Shopify on helping entrepreneurs manage money easier and get paid faster. https://t.co/DRM4Lko0NS
Helping SaaS businesses raise money smarter 🤑
New forms of financing for SaaS firms is the next big #fintech segment, so I recently catched up with one of the leading European providers in this space: Saket Kumar, the co-founder and CEO of Vitt ⚡️💡https://t.co/cZbL7Bz5ea
VCs have invested ~$30 billion into crypto startups this year / more funding than the sector has received in every other year combined 📈💸
https://t.co/zr10Z4zuKT
In March, Roblox went public with a $40 billion market valuation. "Bloomberg Intelligence estimates the metaverse could become an $800 billion market by 2024." https://t.co/91tzWSPjLF via @BW
Check out my conversation with @ab_mueller to find out how @joinAirbank helps SMEs to gain real-time insights into their finances 💼💸📈👇
https://t.co/cOnSQVQGRG #fintech#innovation#openbanking