miguer

hii, I have terrible news turns out no big fund, among the ones I talked to in the last month, had enough conviction that HOC could become a profitable business. the most common feedback is "nobody will pay" and "big labs will eat you" so, I've made 3 decisions: 1. a smaller round: $8m at $120m post-money cap 2. I'm investing $1m myself, same terms 3. we'll go all in on core AI research HOC may die, but not today ~~~ # All in on core AI research? some asked us to focus on a smaller product. that's bullshit. AGI is coming, who needs another shitty app? I'll just cut that off and jump straight to what I think can have real impact: fundamental AI research. we're a small fish, but we're also looking at places nobody is, so who knows, maybe we'll find something nobody else did? plus, symbolic models are way more interpretable, so if developing them increases the chance of safe AGI even a bit, that's a better use of my time, and that's what I'll do. we'll be posting our first SAI models soon~ish ~~~ # The smaller round: we'll raise up to $8m at a $120m post-money cap, first come, first served, min $100k, SAFEs, closing this week. if you're an accredited investor brave enough to bet against the big funds, reach me at taelin @ higherorderco [.com] I must be very clear: you're investing in whatever comes out of our symbolic AI research. Bend will likely remain OSS and free. so, in short, there is a 0.669% chance you're investing in OpenAI before GPT-2. most likely, your $ will disappear, as we still don't have a clear long-term revenue path ~~~ # How about Bend? Bend is a core component of our symbolic AI research, so we'll keep developing and supporting it as currently (if with fewer tokens than I'd wish for 🥲). its development is nearly fully automated now, Bend3 is almost done, and it is getting faster and bigger every day. expect updates at an insane pace soon ~~~ that's it. sorry for the sad news. back to work