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Are we at the start of a new crypto bull cycle? | TechCrunch

Nov 13, 2023 - techcrunch.com
The latest episode of the Equity podcast discusses the continuing rise of cryptocurrency, an interview with Sam Altman about the future of AI training costs, and recent earnings drops from Chinese tech companies like Didi, Alibaba, NetEase, and Tencent Music. Other topics include The Block's cap table and a funding round for Shekel Mobility.

The podcast, which focuses on startup business news, releases new episodes every Monday, Wednesday, and Friday at 7 a.m. PT. Listeners can subscribe on various platforms including Apple Podcasts, Overcast, and Spotify. TechCrunch also offers a show on cryptocurrency and interviews with founders.

Key takeaways:

  • Crypto's melt-up continues with increased trading volumes following price gains, which is good news for web3 believers.
  • Sam Altman discussed in an interview with the FT that AI training is likely to remain expensive for a long time, but Microsoft is probably not concerned about the costs.
  • Chinese tech companies, including Didi, Alibaba, NetEase, and Tencent Music, are having a busy week with Didi's earnings dropping.
  • Shekel Mobility raised an interesting round that was discussed in the podcast.
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