The race to build tomorrow's AI models, and signs of life in the crypto markets | TechCrunch
Nov 06, 2023 - techcrunch.com
Equity, the podcast about startup businesses, discussed various topics in its latest episode. The conversation covered the current state of stocks and crypto, with stocks being higher in Asia, lower in Europe, and nearly flat in the US, while crypto prices are on the rise. The hosts also discussed the upcoming busy week on the earnings front, with companies like Uber, Lyft, and Hubspot set to release their reports. Other topics included the progress of 01.AI in China, a new offering from Elon Musk’s X.AI service, impressive results from a former Sequoia group in India, staff cuts at OpenSea, and China's continued investment in chip firms.
The podcast, which drops at 7 a.m. PT every Monday, Wednesday, and Friday, will return on Wednesday. Listeners can subscribe to Equity on various platforms, including Apple Podcasts, Overcast, and Spotify. Transcripts and more can be found on Equity’s Simplecast website. TechCrunch also offers a show on crypto and interviews with founders.
Key takeaways:
Stocks are higher in Asia, lower in Europe, and nearly flat in the United States, while crypto prices are continuing to rise.
It's a busy week for earnings reports, with companies like Uber, Lyft, and Hubspot set to release their results.
TechCrunch is tracking the progress of 01.AI in China, now a unicorn, and the latest offering from Elon Musk’s X.AI service.
OpenSea has cut staff, and China’s government continues to invest heavily in chip firms.
