The podcast also discusses the return of talent and investors to San Francisco due to the rise of AI. The city is experiencing a boom, with founders and backers returning due to the proximity to the epicenter of AI work. The episode concludes with a look at upcoming shows and a thank you to the audience.
Key takeaways:
- Equity, a podcast about the business of startups, discusses various topics including stocks, crypto, and the business of French startup Planity.
- TikTok is under investigation by the European Union for compliance with its Digital Services Act, which could result in penalties up to 6% of global revenue.
- Walmart is buying Vizio for $2.3 billion, not to sell consumer hardware, but to expand its advertising business which grew by 33% in the last quarter.
- AI is attracting talent and investors back to San Francisco, as the city remains the epicenter of AI work in the US and potentially the world.