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My First 16: Competing in a Crowd of Incumbents with Mercury’s Immad Akhund

Andreessen Horowitz

In this episode, a16z partner Seema Amble talks with co-founder and CEO of Mercury Immad Akhund about the idea of a minimum delightful product in fintech, doing the spreadsheet math on unit economics early on, and how to compete in a category already filled with incumbents. Lastly, we were targeting this fairly tight knit community, right?

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Four Fundamental Innovations of Web3 that Will Upend Web2 Incumbents

Tomasz Tunguz

DAOs bind the loose community of open-source software contributors through tokens. Foundations endowed with significant token stakes fuel the ongoing protocol development, balancing the capitalism needed to fuel progress with the benevolence intrinsic to the open-source ethos.

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Galileo emerges from stealth to streamline AI model development

TechCrunch

After all, AI is costly — Gartner predicted in 2021 that a third of tech providers would invest $1 million or more in AI by 2023 — and debugging an algorithm gone wrong threatens to inflate the development budget. According to one recent survey (from MLOps Community), 84.3%

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Together raises $20M to build open source generative AI models

TechCrunch

There’s scores of competition, including incumbents like OpenAI and Anthropic. ” He has a point — insofar as incumbents are feeling the pressure, at least. The number of open source models both from community groups and large labs grows by the day , practically. billion in Q1 2023, with an additional $10.68

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SXSW 2022: Building the Sustainable Startups of the Future

Revolution

Startups are a Sustainability Accelerant: Unlike industry incumbents with slower, more outdated frameworks, startups often build with sustainability at the forefront of their business?—?even To bridge the gap, Sparkcharge developed its mobile charging service to blanket cities with energy regardless of zip code.

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How W4 plans to monetize the Godot game engine using Red Hat’s open-source playbook

TechCrunch

Godot, for the uninitiated, is a cross-platform game engine first released under an open source license back in 2014, though its initial development pre-dates that by several years. It’s basically a software framework that developers can use and reuse without having to redesign the wheel with each new game they create.

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Gooder Foods brings in $6.4M to offer its take on a more grown up mac n’ cheese

TechCrunch

Goodles is going after the two oldest incumbents in the space, Kraft and Annie’s, to provide a healthy alternative that tackles both better taste and nutrition. In fact, the company developed more than 1,000 versions of noodles to get the right one. When Zeszut was putting the company together, she reached out about getting involved.