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Weekly #FIRGUN Newsletter – October 25 2024

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Also, two OpenAI researchers published a paper describing a new continuous-time consistency model (sCM) that increases the speed at which multimedia including images, video, and audio can be generated by AI by 50 times compared to traditional diffusion models. TMSC started making chips in Arizona, with yields higher than Taiwan.

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2023 Global Venture Reports were Gloomy, but there are reasons to be optimistic

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Global venture funding fell 42% year over years to $248.8 For example, Tiger Global, a crossover fund which was one of the most active venture investors in 2021 went from 194 deals in 2021 to a mere 20 in 2023 and has been trying to actively sell its positions in the secondary market at steep discounts to get liquidity.