ElevenLabs, a London-based AI voice generation startup, plans to be IPO-ready within five years, aiming for global expansion in Europe, Asia, and South America. CEO Mati Staniszewski shares insights on their ambitious growth strategy.
Chime, the neobank, successfully raised $864 million in its IPO, overcoming significant early struggles and regulatory hurdles. With impressive financial results, the company's shares surged in trading, marking a remarkable turnaround.
Venture capitalists are changing their approach by acquiring mature businesses and optimizing them with AI, aiming to streamline operations and enhance customer service. This new strategy could reshape the landscape for AI startups seeking access to established clients.
In a dramatic shift, OpenAI CEO Sam Altman warns that government approval for AI software could hinder U.S. innovation. This comes amid changing sentiments in the tech industry and government regarding AI risks and regulations.
At SXSW, Colossal CEO Ben Lamm reassured audiences that his company has no intention of creating a Jurassic Park. Instead, they aim to bring back extinct species like the wooly mammoth and Tasmanian tiger, leveraging cutting-edge genetic technology.
