Points of View

Healthcare is perhaps the most important sector in the U.S. economy. It is the largest: close to $4 trillion per year is spent on healthcare in the United States. It employs more people than any other industry, accounting for 11% of all American jobs. Nearly one quarter of all U.S. government spending is on healthcare.

The Internet is buzzing about GPT-3, OpenAI's newest AI language model.

GPT-3 is the most powerful language model ever built. This is due more than anything to its size: the model has a whopping 175 billion parameters. To put that figure into perspective, its predecessor model GPT-2—which was considered state-of-the-art and shockingly massive when it was released last year—had 1.5 billion parameters.

Last month during ESPN’s hit documentary series The Last Dance, State Farm debuted a TV commercial that has become one of the most widely discussed ads in recent memory. It appeared to show footage from 1998 of an ESPN analyst making shockingly accurate predictions about the year 2020.
The semiconductor is the foundational technology of the digital age. It gave Silicon Valley its name. It sits at the heart of the computing revolution that has transformed every facet of society over the past half-century.
Many multi-billion-dollar companies have been built by providing tools to make software development easier and more productive. Venture capitalists like to refer to businesses like these as “pick and shovel” opportunities, a reference to Mark Twain's famous line: “When everyone is looking for gold, it's a good time to be in the pick and shovel business.”
There has been increased hand-wringing across the AI community in recent months about the limitations of deep learning.

News & Press

IBM Closes Acquisition of Turbonomic to Deliver Comprehensive AIOps Capabilities for Hybrid Cloud
Bitwise Investments
Bitwise Asset Management Completes $70 Million Series B, Valuing the Company at $500 Million-Plus
Xometry Announces Filing of Registration Statement for Proposed Initial Public Offering
Rent the Runway enters $33 billion fashion resale market as it looks to build back from pandemic lows
New York Times
Ready to Return: Fashion Rental Is Back
Silicon Canals
Canada’s Clearco to enter the Netherlands; looks to invest €100M in online Dutch startups
Pr Newswire
Coin Metrics Closes $15M Series B Round Led By Goldman Sachs
PR Newswire
IBM to Acquire Turbonomic Building Industry's Most Comprehensive AIOps Capabilities for Hybrid Cloud
Enjoy Technology Sets Expansion Course With SPAC Merger, Plans To Become A Public Company
Clearbanc rebrands its way into a unicorn
Consultant marketplace Catalant raises $35 million in new funding
Exclusive: Harry’s Raises A $155 Million Series E At $1.7 Billion, A Year After The FTC Blocked Its Billion-Dollar Sale To Edgewell
pr newswire
thredUP Announces Pricing of Initial Public Offering
AI Startup Idelic Raises $20 Million To Make Trucking Industry Safer, Less Costly
PR Newsire
Everlywell Acquires PWNHeath and Home Access Health Corporation
PR Newswire
Everlywell Appoints Former U.S. Surgeon General Regina Benjamin, MD to its Board of Directors
PR Newswire
thredUP Announces Launch of Initial Public Offering
PR Newswire
thredUP Files Registration Statement for Proposed Initial Public Offering