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

TECH CRUNCH
Scopely raises $340 million at a $3.3 billion valuation as gaming grabs investors’ interest
FRESHLY
Nestle USA Acquires Freshly, A Pioneer in Healthy Prepared Meals
SCOPELY
Scopely welcomes Genjoy, now a Scopely Studio!
QUMULO
Qumulo Named a Third-Time Leader in Gartner Magic Quadrant for Distributed File Systems and Object Storage
CISION PR NEWSWIRE
Freshly Inc. Expands Operations to the West Coast with New Los Angeles Facility
CLEARBANC
Welcoming Curt Sigfstead and Bruce Sewell to the Clearbanc Team
CLEARBANC
London’s calling and we answered: Clearbanc launches in the UK to invest £500M in British Startups and roll out inventory funding
BUSINESS WIRE
ZeroFOX Acquires Cyveillance, Strengthening Global Leadership in Digital Risk Protection
CISION PR NEWSWIRE
Katharine Weymouth and Deborah Bial join Xometry's Board of Directors
BUSINESS WIRE
Turbonomic Earns a 2020 Tech Cares Award from TrustRadius
CHAIN STORE AGE
ThredUp rebrand recognizes the evolution of secondhand
THREDUP
Rent the Runway and thredUP collab to extend the life of designer clothing with rental retirees
LinkedIn
Clearbanc named to LinkedIn Top Startups 2020: The 10 Canadian companies on the rise
BUSINESS WIRE
Domino Data Lab Named a Leader in Notebook-Based Predictive Analytics and Machine Learning Evaluation by Global Research Firm
HCP WIRE
Qumulo Appoints Elissa Fink to Board of Directors
TECH CRUNCH
Xometry raises $75M Series E to expand custom manufacturing marketplace
BETAKIT
CLEARBANC, TOUCHBISTRO AMONG 7 CANADIAN STARTUPS IN CB INSIGHTS FINTECH 250
FORTUNE
Fortune Names Two Highland-backed Founders, Michele Romanow and Julia Cheek, in 40 Under 40 List