anthropic won't let you use fable for biology, chemistry, ai research, or anything that accelerates human progress. that makes it the perfect tool for developing blockchains
Scoop: Databricks in early talks to raise capital at a valuation between $165B to $175B. This would be their Series M! 😆 https://t.co/7sTNDaFJSH w/ @coryweinberg
These programs:
- Canadian Tech Growth Fund: $500M
- Compute Access Fund (SME): $700M
- LIFT (BDC financing): $500M
Will exist in the same way everything else does.
They will be rife with councils, middle men, gate keepers, and long procedures that will result in large companies who can navigate the bureaucracy benefiting from it, while startups, entrepreneurs, and innovators failing to access it.
We shouldn't be celebrating if @cohere gets funding from this.
We need to celebrate when pre-seed and early-stage companies that can generate revenue are being successfully subsidised due to innovating and taking risks.
We can't fix the country when only 5% of funds actually make their way back to the people that are establishing these markets instead of incumbents.