AI lollipop

I'm thrilled to share our latest developments in our startup: We launched our prototype and it's gaining momentum! Our previous product, currently in stealth mode, has remarkable insights. However, the GPU usage costs have skyrocketed. Our new goal? To build an AI platform that serves as a cost-effective hub for training AI models. No one's tackling this issue, so we are the first ones to solve this issue. We already have some ties with the microchip manufacturer. Here's the thing: While we've been self-funded until now, we're now exploring seed funding. But there's a catch – we're cautious about accelerators and VCs. I have seen them undervalue my mate's company and prioritize quick revenue over steady growth. So how should we go about it ? I'll drop an example post for much clearer problem statement.

Pretty sad imo

https://techcrunch.com/2023/04/06/anthropics-5b-4-year-plan-to-take-on-openai/ Pitch deck of Anthropic: 2024 deliverable = AI automates AI research 2025/26 deliverable = Anthropic takes off - the race is over

Good morning everyone, Bangalore weather has me almost convinced to not work today 😂 What this post is: a place to hang around and chat just about anything - without having a specific topic to discuss. Think of it like the watercooler at your office. Look forward to hearing from you all :)

I have a couple of friends who are working on a health tech idea for 3 months now. Both of them are quite experienced (7-10 yoe) in their respective fields and have been working on this after their full time job. The project is gaining some momentum now and they’re seeing early interests from investors for a seed round already. It’s a very complex project with low success chances but if it succeeds, it’s a game changer. They are looking for someone with 7-10 yoe in AI/ML to join the founding team. Anybody who’s very good with numbers, would love to go deep in research and has worked in startups would be a great fit. Would be happy to make introductions if anybody’s interested.

willl try my best to be honest, ask me anything

Recently we saw Paytm making layoffs due to AI. Are there any other companies that did the same? People whose companies laid off people due to AI. What kind of automations made it possible? Is AI actually doing the work or is it just an excuse to lay off people?