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MIT and Ivy Leagues continue to produce the most successful founders; Silicon Valley raised half of the world’s AI investment in 2023; IMF says AI ‘tsunami’ impacting labor; Tesla criticized for harsh layoff email; India looks to cow dung as alternative fuel source; and 5 trending startups hiring this week.


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Quick Hits


Oh la la: Mistral valued at $6B.


New Chat: ChatGPT flirts, teaches math.


Euro vision: Accel raises $650M.


Social search: TikTok tests AI.


Ear-cam: Meta invents camerabuds.


Quantum leap: Ultra-pure silicon excites.


DPGs: India launches unified portal.


Space-time: Study hints at warp drives.


Brain disconnect: Neuralink implant fails.


Creators connect: Instagram expands market.


No track: Big Tech tightens bluetooth security.


Starship surge: SpaceX plans 44 Fla. launches.


Cancer kit: At-home test approved.


AI Glue: David Sacks starts again.


Factory fracas: Activists target Tesla.


Initial meltdown: Altman's Oklo dips on debut.


Auto-ship: Dubai welcomes autonomous trucks.

Trending

Founders’ fav universities


Stanford University, Harvard University, and MIT continue to dominate the leader board for graduating founders who go on to raise the most VC money. Two public universities—UC-Berkeley and the University of Michigan—made the top 10.

Bay Area leads in AI startup funding


AI startups based in and around Silicon Valley netted $27B in funding last year, more than half of the world’s AI startup funding, according to a Crunchbase analysis.

AI ‘tsunami’ impacts global labor


AI will impact 60% of jobs in advanced economies and 40% of jobs around the world in the next two years, according to the IMF.

Cow dung powers India's energy revolution


India-based startups are harnessing cow dung as an energy source, producing biomethane in an effort to reduce dependence on imported gas. The government aims for a 5% blend by 2028.

Wearable tech protects workers from heat


A Texas construction company arms its workers with wearable tech to protect them from scorching heat that claims hundreds of lives a year. The device attaches to a watch to capture biometrics such as heart rate and core body temperature and sends alerts.

‘No reasonable accommodation’


Tesla drew criticism for what some saw as an a starkly chilly, impersonal approach to mass emails with lines like: “it was determined that there was no reasonable accommodation that would enable you to perform the essential functions of your position in your role.”

Recently Funded

  • Stockholm’s Grasp Raises $1.9M for Investment Banking AI Assist

  • India’s BimaPay Nets $2M to Offer Tech-Based Insurance Solutions

  • India-based Cornext Raises $2.2M for Fodder Ecosystem

  • Indonesian Jejakin Raises $2.7M for Climate Tech

  • NYC-based Roam Raises $3M for Assumable Mortgages

  • Senegal-based Maad Raises $3.2M for B2B E-commerce

  • Los Angeles-based Zest Protocol Raises $3.5M for Bitcoin Lending

  • Mass.-based Active Surfaces Raises $5.6M for Flexible Solar Panels

  • Idaho-based Switchboard Health Raises $6.5M for Specialty Care

  • San Francisco’s Artisan AI Raises $7.3M for Enterprise AI

  • Bengaluru-based Niqo Robotics Raises $13M for AI-Powered Spot Spraying

Weekly Pulse


WeeklyPulse

What We’re Reading


GPT-4o: The Future of Language AI (Sam Altman)


AI’s Second Order Effects (Andreessen Horowitz)


The Great Flattening (Stratechery)


Does Perplexity’s “answer engine” threaten Google? (The Economist)


Generative AI is speeding up human-like robot development. What that means for jobs (CNBC)

Poll of the Week

Poll

What we're listening to



Social - Linkedin


Tune in to hear from Wellfound's CEO, Amit Matani & other remote leaders speak on the future of remote work. Amit Matani will be discussing building and advancing RecruiterCloud: an AI-backed product with the focus of helping remove the friction of recruiting, foster more seamless connections, and enable great teams with future-defining ideas.

Podcasts of the Week


HR Works Podcast: Balancing Data with Decency in Layoffs and Return to Office (HR Works: The Podcast for Human Resources)


HR Superstars: Finding Success in Results-Only Work Environments (HOR Superstars)


For Starters: How to Harness the Power of Curiosity with Trevor Martin of Mammoth Biosciences (For Starters)

Startups Hiring Now


Hinge Health: Every body moving | 22 open roles


Whoop: A performance optimization system for elite athletes and teams | 36 open roles


RiotGames: A great home for people who love making games | 45 open roles


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