EP09: $1B to Train AI, Canva’s $1.6B Secondary, Australia's New Tech Unicorn, X’s Decline
Update: 2024-04-17
Description
The latest news and views on global tech for early-stage founders and investors.
Presented two investors and operators, James Alexander & Hugh Stephens, Co-founders and Partners at Galileo Ventures – a leading seed VC in Australia.
In this episode we cover:
- Australia’s newest tech unicorn
- Canva’s US$1.6b secondary
- Social apps: Shine bungled debut and Twitter or X’s traffic decline
- Large scale AI training – Towards $1b AI training Run
Shownotes:
- James Hamilton, Distinguished Engineer at Amazon on AI Training costs https://perspectives.mvdirona.com/2024/01/cidr-2024/
- AFR: Australia has its first tech ‘unicorn’ in two years https://www.afr.com/technology/australia-has-its-first-tech-unicorn-in-two-years-20240314-p5fcbg
- Social Media Today: No, X Isn’t Seeing All Time High Traffic https://www.socialmediatoday.com/news/no-x-formerly-twitter-isnt-seeing-all-time-high-traffic/712242/
Subscribe on below for the next episode:
Follow the hosts on Twitter: @jamesfromsydney and @hughstephens
Please note that all content discussed and presented on this podcast is for informational purposes only and should not be taken as legal, business, tax or investment advice or used to evaluate any investment. Information presented here is not directed at any investors or potential investors in any Galileo Ventures fund.
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