Tag: To start
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What the collapse of the Silicon Valley Bank means for climate technology
Silicon Valley Bank was the go-to bank for startups who wanted to talk to bankers who understood startup life and balance sheet, including climate tech startups. Specifically, Silicon Valley Bank has been the “£1,000 gorilla in the room” in providing venture capital to startups, meaning loans are made to startups that are still raising money […]
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OpenAI announces GPT-4, says it beats 90% of people on SAT
Sam Altman, CEO of OpenAI, will be walking from lunch at the Allen & Company Sun Valley Conference on July 6, 2022 in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images OpenAI announced the latest version of its primary major language model, GPT-4, on Tuesday, which it says demonstrates “human-level performance” […]
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The collapse of the Silicon Valley Bank will hurt the startup world, despite the bailout
Regulators have found a solution for SVB bank depositors and possibly averted a widespread regional bank run. But the long-term crisis for financing innovation in the aftermath of the Silicon Valley Bank implosion has only just begun. From the Rust Belt to the UK, Egypt and Nigeria, the bank’s role in financing innovation has been […]
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SVB collapse unlikely to trigger fundraising for Southeast Asian startups: VCs
VCs and an analyst told CNBC that the collapse of Silicon Valley Bank is unlikely to affect fundraising for tech startups in Southeast Asia. “I think it’s looking out, but I don’t think the contagion is spreading,” David Gowdey, managing partner at Southeast Asian venture capital firm Jungle Ventures, told CNBC’s “Squawk Box Asia.” Constellation […]