It’s 2021 for AI while the rest of the startup market is stuck in 2024
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Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
This is our Monday show, in which we look back at the weekend and the week ahead. This time ’round, there was so much in the news that we had to greatly compress everything we wanted to talk about. Small blessings!
Here’s the rundown:
- The Q4 2023 earnings cycle will kick off this week with names like Intel and Visa reporting results. The largest tech companies will start to report next week.
- Crypto is not enjoying a post-ETF boom for reasons that are yet to be nailed down. Then again, when have crypto price movements ever made complete sense?
- ElevenLabs is the newest AI unicorn. With $80 million in fresh capital, the synthetic voice startup now has oodles of cash to try and run its market.
- Canva is big! Who knew?
- Elsewhere, Crunchbase News reports that cybersecurity fundraising fell again last year. Given the number of breaches in the market, that feels off, yeah?
- Developers and Apple Vision Pro are not seeing eye to eye. Perhaps Apple should work to rectify its developer relationships?
- And in closing, it turns out you can slow down TikTok.
Like I said, it’s a busy start to the week! Talk soon!
Ref: techcrunch
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