The Flowlie Times #28
Flowlie Public Beta; prompt engineering, GPTs, and autonomous humanoid robots.
Good morning everyone,
This is Flowlie newsletter with insights on VC & PE: from operations, tech, and tax matters to trends, notable guides, and news on recent capital raises. We hope you enjoy it and find some value!
GPTs and more
First, not an article but a whole open course on prompt engineering. Interesting examples and useful tips - access here.
1️⃣ JPMorgan Chase is working on an exciting project called IndexGPT, a software service similar to ChatGPT, that aims to use artificial intelligence to help customers choose investments. What will the future of human financial advisors be?
2️⃣ Nvidia has just delivered a major surprise to Wall Street by predicting a staggering $11 billion in quarterly revenue, and the driving force behind this remarkable growth is the soaring popularity of generative AI and accelerated computing. This announcement solidifies Nvidia's standing as a significant player in the AI landscape, making it clear that they are at the forefront of this transformative technology.
3️⃣ Read this analysis supporting Adobe's proposed $20 billion acquisition of Figma, countering regulatory skepticism. Learn about the strategic fit, minimal overlap in customer base, Figma's growth and profitability, and the potential for innovation and collaboration. The author urges regulators to consider market realities and the potential benefits of the deal.
Venture announcements that caught our eye:
1️⃣ Robotics company Figure has raised $70 million in a Series A funding round, led by Parkway Venture Capital, to accelerate the commercialization of its autonomous humanoid robot. The company, which has been assembling its robot and hiring talent from notable companies, aims to revolutionize the labor economy with its innovative technology. What could go wrong?
2️⃣ Jason Warner, former GitHub CTO, has raised $26 million in a seed round for his AI startup Poolside. Poolside aims to pursue narrow AGI through software and code, positioning itself as a competitor to OpenAI. The startup is already in talks with a major technology company for a potential partnership.
3️⃣ Is crypto back? Was it ever gone? Worldcoin, developed by Tools for Humanity, raised $115 million in a Series C round led by Blockchain Capital. Worldcoin aims to create a global ID, currency, and payment app, but concerns about privacy risks have been raised. The funding will support bot detection, R&D, and project expansion.
Flowlie news 🎉
We are excited to announce that Flowlie is now in public beta!
Since you last joined us, we have made significant improvements to our platform. We've vastly improved our UI, added comprehensive search and filtering, redesigned our profiles, streamlined onboarding, and much more.
We value your feedback during this beta phase as we continue to refine Flowlie and create the best possible resource for our users. Thank you for being part of our journey!
As always, feel free to email us with any questions,
Mike from Flowlie