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EP-144 Coatue’s $1b Ai Investment 💰, Ny Times Tech Strike Tensions 🗞️, Amazon’s Ai-powered Streaming Innovation 🎬
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welcome to wall-e's tech briefing for tuesday, november 5th! dive into today's top tech stories:
- coatue management's ai investment: the hedge fund raises $1 billion from institutional investors to support their flagship fund, actively backing 29 startups including ai firms like glean and scale ai.
- nyt tech guild strike: aravind srinivas, ceo of perplexity, faces backlash for offering support to the new york times during a workers' strike, aiming to manage election coverage traffic without replacing workers.
- amazon's "x-ray recaps": prime video introduces a generative ai feature offering spoiler-free summaries of episodes and seasons, initially on fire tv with amazon mgm studios originals.
- big tech's ai energy solutions: companies like microsoft, google, and amazon explore nuclear energy, liquid cooling technologies, and quantum computing to address ai's growing energy demands.
- vanguard's valuation cut for ola: the indian ride-share leader's valuation slashed to $2 billion from a peak of $7.3 billion amidst intense market competition.
stay tuned for tomorrow's tech updates!
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