On June 12th, Jinshi Data reported that NatWest Bank predicts that the dot plot will show a 50 basis point (twice) rate cut in 2024, a 75 basis point (three times) rate cut in 2025, and a 100 basis point (four times) rate cut in 2026. In March, the dot plot expectation was that the Fed would cut interest rates by 75 basis points (three times) per year. NatWest Bank predicts that in reality, the Fed will only cut interest rates once in December, by 25 basis points, and then cut interest rates eight times in 2025, with a cumulative rate cut of 200 basis points.

AI speech synthesis startup ElevenLabs announced the completion of an $80 million Series B funding round led by Andreessen Horowitz (a16z), Nat Friedman, and others, as reported by Techcrunch on January 22. The round also included participation from Sequoia Capital, Smash Capital, SV Angel, BroadLight Capital, and Credo Ventures, among others. ElevenLabs CEO Mati Staniszewski said the new funding will be used for product development, expanding ElevenLabs infrastructure and teams, AI research, and strengthening security measures.

On the evening of January 4, AI search company Perplexity AI announced that it had completed a $73.6 million Series B funding round, led by IVP, with investors including NVIDIA (NVIDIA), Amazon founder Jeff Bezos, NEA, Bessemer, Elad Gil, former GitHub CEO Nat Friedman, Databricks, Tobi Lutke, Guillermo Rauch, Naval Ravikant、Balaji Srinivasan。 After closing this round, the company reached a valuation of $520 million. It is reported that Perplexity AI has been established for less than 2 years and currently has no more than 40 employees. But they've created a product that can challenge traditional search giant Google, which now has more than 10 million monthly active users. In 2023, they've processed over 500 million queries and over 1 million downloads on mobile. Perplexity AI offers search services similar to Google Search and Bing Search, where users can type questions in natural language and can get ChatGPT-like answers.

PANews reported on January 5 that, according to The Information, after CEO Sam Altman stepped down and subsequently returned, the OpenAI board of directors and its representatives have begun to negotiate with candidates to fill board seats. Among the candidates are Alexandr Wang, CEO and co-founder of Scale AI, and Nat Friedman, former GitHub CEO and startup investor, according to two people familiar with the matter.

OpenAI's board of directors and its representatives have begun discussions with candidates to fill board seats following CEO Sam Altman's ouster and subsequent comeback, The Information reported on January 5. Among the candidates are Scale AI CEO and co-founder Alexandr Wang and former GitHub CEO and startup investor Nat Friedman, according to two people familiar with the matter.

According to official news, AI startup Perplexity announced the completion of a $73.6 million Series B financing at a valuation of $520 million, led by IVP, Series A investors NEA, Elad Gil, Nat Friedman and Databricks, as well as NVIDIA and Jeff Bezos (through the Bezos Expeditions Fund), Balaji Srinivasan, Guillermo Rauch, Austen Allred and other new investors participated. So far, Perplexity has raised a total of $100 million.

According to VentureBeat, on August 22, AI voice company ElevenLabs announced the expansion of its platform, launching a new text-to-speech model that supports 30 languages. The expansion marks the official completion of the platform's beta phase, making it ready for business and personal use. More than a month before, ElevenLabs completed a $19 million Series A round of financing, jointly led by entrepreneurs Nat Friedman and Daniel Gross and a16z (Andreessen Horowitz), and the company's valuation was close to $100 million.

According to PANews news on June 21, according to the Science and Technology Innovation Board Daily, former GitHub CEO Nat Friedman and former Y Combinator partner Daniel Gross recently announced a novel strategy to attract founders of AI companies as startup investors: They offer tons of free servers equipped with state-of-the-art chips for training machine learning models. Separately, the duo raised an investment fund of more than $1 billion to invest in AI startups.

According to a report by the "Kechuang Board Daily" on June 21, Nat Friedman, former CEO of GitHub, and Daniel Gross, former partner of Y Combinator, recently announced a novel strategy to attract founders of AI companies as investors in start-up companies: provide them with a large number of Free servers equipped with state-of-the-art chips for training machine learning models. Separately, the duo raised an investment fund of more than $1 billion to invest in artificial intelligence startups.

According to a report by the "Kechuang Board Daily" on June 21, Nat Friedman, former CEO of GitHub, and Daniel Gross, former partner of Y Combinator, recently announced a novel strategy to attract founders of AI companies as investors in start-up companies: provide them with a large number of Free servers equipped with state-of-the-art chips for training machine learning models. Separately, the duo raised an investment fund of more than $1 billion to invest in artificial intelligence startups.

According to the "Kechuangban Daily" report, on June 20, ElevenLabs, an AI speech generation platform, announced the completion of a US$19 million Series A financing. This round of financing was jointly led by entrepreneurs Nat Friedman and Daniel Gross, as well as A16Z (Andreessen Horowitz). Participants include Creator Ventures, SV Angel, Instagram co-founder Mike Krieger, Oculus co-founder Brendan Iribe, Deepmind and InflectionAI co-founder Mustafa Suleyman, and more. After the funding round, ElevenLabs is valued at $99 million and the startup is just over a year old, sources said.

On June 2, according to CNBC citing people familiar with the matter, Microsoft has signed an artificial intelligence computing power agreement with the former Ethereum mining company CoreWeave, which may be worth (at least) billions of dollars. Both Microsoft and CoreWeave declined to comment. New York-based CoreWeave, which specializes in graphics processing unit (GPU)-based cloud computing services, has been at the heart of artificial intelligence (AI) services like OpenAI's ChatGPT. As previously reported, CoreWeave announced on April 22 that it had completed a $221 million Series B round of financing at a valuation of $2 billion, led by Magnetar Capital, with participation from Nvidia, former GitHub CEO Nat Friedman, and former Apple executive Daniel Gross.