🔥 Hot Takes Tuesday for 2024-10-15
AI FOMO drives massive funding for tech and data infrastructure in today’s market.
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Two hot takes on the two stories caught my eye on Tuesday.
💰 + 🤖 When a ~8X sized SPV is made (compared to the investment 5 years ago) as part of an already eye-watering round, it means AI FOMO is very real.
Techmeme: Filing: in OpenAI's $6.6B round, Khosla Ventures invested $405M; the majority, or possibly all, was pooled from other investors via a special purpose vehicle (Marina Temkin/TechCrunch)
By Marina Temkin / TechCrunch. View the full context on Techmeme.
[ where oh where will the workloads live… ]