This guy single handedly burned a $ billion on a failed company when it could have gone elsewhere. VCs still haven’t learnt.
This is a very dated view of the VCs in India and very rage baitish. I think the ecosystem has become so much better. Companies like Astrobase, Airbound and Sarvam AI are able to raise well and fast. Also there have been spectacular outcomes in the last many years with companies like Groww, Eternal and Meesho.
Fintech and Commerce will always be big themes. Size of opportunity here is huge.
This thread and its comments are something I don’t hear any finance or tech bros speak like ever in India- a very casual way to say complex things that few understand
AI predictions for next 6-9 months
-> Anthropic/ OAI fail to ban OSS in the US
-> Anthropic/ OAI continue to innovate product but stall on fundamental tech breakthroughs
-> SOTA Gemini 4 launches at 10x lower cost
-> Elon open sources Grok
-> Anthropic/ OAI ARR growth stalls as enterprises move from tokenmaxxing to rational token consumption/ OSS
-> slow realization in public markets that AI may not replace human labor in next 1-3 years/ has not had a fundamental tech breakthrough in over a year/ lacks ROI/ AI hyper and lab spend not durable
-> moonboy VCs/ hedge funds/ softbank continue to fund Anthropic/ OAI equity raises in private markets as public markets for them are now fully closed
-> CXMT, YMTC announce capacity expansions significantly above market expectations
-> hypers deliver good q326 results on first look but fail to show meaningful AI ROI, guide to "significant capex expansion in fy27"
-> broad realization in public markets the AI dream we got sold on is not anywhere close to realization
-> 10yr hits >5%
-> hyper bonds reprice >10%, CDS hit 3x current levels, and AI credit market dries up as market realizes GPU ABF was not a good idea
-> hyper equities reprice 30-50% lower
-> ORCL falls below $30 as rumors of bailout make the round
-> market realizes memory is cyclical and LTAs won't hold
-> 50% of korean traders get wiped within a week
-> hypers cut fy27 capex
-> semis reprice >80% lower
-> fed cuts >150bps to avoid recession
Back when duster first came out it was the most unconventional fun car and seriously capable. Just saw a few of these new ones on the roads and looks.. small..?
Sexy price. Wow. 16.99 lakh for the Renault Duster Hybrid.
They have hit it out of the park. I'm very happy. :-)
Renault is BACK!
@RenaultIndia @CarToq
Tesla finally showed the next-gen Roadster: up a vertical ramp, flip, thruster-assisted landing. Claimed 0-60 mph in 0.81s using SpaceX cold-gas thrusters, 2G fan suction for driving inverted, 230+ mph target. Production promised for 2028. The bigger question is road legality.
@airindia @AirIndiaX horrible experience at bengaluru airport checkin counter on Oct 14 for BLR-DXB flight AI9139. My wife and infant were not getting boarding pass despite reaching 2 hours early to checkin due to some error at your backend. We had booked tickets thru call center
especially when there was a mother travelling alone with her infant. How could you let them struggle there? why was no senior person asked to help? we had to figure it out ourselves and only get boarding at last minute. @airsewa_MoCA this was total harassment by AI staff.
AI bros- let’s start banging monkeys to get AIDs cos we’ll have the cure soon enough
Palantir CTO reveals AI researchers are taking up smoking to signal to other researchers that they believe AI will cure cancer--and calls it a “mass psychosis”
Shyam Sankar (CTO): “But if you understand that it’s actually a theological critique, then you can kind of weigh it against the empirical facts of what is actually happening out there.
“I think there’s a profound truth to Pascal’s saying that every human has a God-shaped hole in their heart. And it’s important to understand that many of these folks in Silicon Valley who are building this technology have filled that hole with the machine god of AGI.
“And I mean, there’s so many interesting stories around this. For example, so many AI researchers have started smoking as a way of signaling to other researchers how much they believe in AI.”
Margaret Brennan: “What? That makes no sense. What do you think?”
Shyam Sankar: “I believe so much in AI that it’s going to cure cancer. So I’m showing you my chips are all in. So there is kind of this mass psychosis, social delusion around it.”
Love this new trend of young driven folks care about their surroundings and take action but hate thinking how the govt must be laughing at this short term effort by yet another tourist
hi @madhuriadnal, thanks for recording this. i just spoke to mr. bhimesh (BWSML deputy general manager) to get this cleared up asap. BWSML said this will be done early morning tomorrow because the garbage collecting folks work until 2:30 PM.
they’ve promised to send pictures/videos after getting this done. i got in touch with him using iknowaguy.help/bangalore/fin……. let’s see what happens.