Fastino’s Post

𝐅𝐚𝐬𝐭𝐢𝐧𝐨 𝐞𝐱𝐢𝐭𝐬 𝐬𝐭𝐞𝐚𝐥𝐭𝐡 𝐰𝐢𝐭𝐡 $7𝐌 𝐩𝐫𝐞-𝐬𝐞𝐞𝐝 𝐛𝐚𝐜𝐤𝐢𝐧𝐠 𝐟𝐫𝐨𝐦 𝐌𝐢𝐜𝐫𝐨𝐬𝐨𝐟𝐭 𝐚𝐧𝐝 𝐈𝐧𝐬𝐢𝐠𝐡𝐭 𝐏𝐚𝐫𝐭𝐧𝐞𝐫𝐬 Latest blog post at Fastino dives deep into how AI is transforming the way we work and make decisions. Here are some key takeaways: 1️⃣ AI-Driven Efficiency: Discover how AI can streamline your operations, reducing costs and boosting productivity across your organization. 2️⃣ Enhanced Decision-Making: Learn how AI-powered analytics can provide deeper insights, enabling more informed and strategic business decisions. 3️⃣ Improved Customer Experiences: Explore the ways AI is revolutionizing customer interactions, from personalized recommendations to intelligent chatbots. 4️⃣ Future-Proofing Your Business: Understand why embracing AI now is crucial for staying competitive in an increasingly digital marketplace. 5️⃣ Ethical Considerations: We also discuss the importance of responsible AI implementation and its impact on your business reputation. #ArtificialIntelligence #BusinessEfficiency #AIInnovation #FutureOfWork #DataDrivenDecisions #CustomerExperience #AIEthics #BusinessAutomation #Fastino #TechTrends

Fastino's news and Writer's big valuation today, on top of the report that OpenAI is having trouble making GPT-5 much better than GPT-4, sure seem to point to a shift towards more specialized AI instead of one-size-fits-all models. Some in research and especially in investing think a big AI model can do it all, but what we're seeing from the folks building great AI products is that engineers combine different models, tools, and architectures - not relying on one magical AI to bind them all. The real value in AI is figuring out how all these pieces fit together, which is also the biggest challenge since a lot of it is just good old trial and error.

LLMs in 2024 = endless prompting, inconsistent results, opaque APIs, runaway costs, and a GPU arms race 🤬 I’m excited to announce I've joined Fastino to help rewrite this equation 👆 Here's to a future with enterprise LLMs that get it right 🥂 (If you're building enterprise-scale AI systems and the above equation sounds familiar, drop me a note.)

Finally! GenAI becomes composable and doesn't need a nuclear power station to run. Well played by Fastino "These models run up to 1000 times faster than traditional generalist models, require significantly less compute, and can be deployed wherever they’re needed—whether on commodity CPUs on edge, or in your virtual private cloud. ... with consistent and predictable costs." #AI #GenAI

🚨Breaking News: xAI Secures $6B in Series B Funding Round to secure more chips and take on OpenAI ... As of May 26th xAI has successfully closed a $6B Series B funding round, propelling the company to a post-money valuation of $24B. This significant achievement underscores the confidence of investors in xAI's mission to understand the true nature of the universe and its potential to revolutionize the AI landscape. With this funding, xAI is well-positioned to continue its groundbreaking work, including the development of new versions of the Grok chatbot and the exploration of AI's potential. We are grateful for the support of our investors and remain committed to pushing the boundaries of what's possible with AI. This milestone is a testament to the dedication and hard work of the entire xAI team. As we continue our journey, we are excited to share our progress and further our mission to unravel the mysteries of the universe. The company’s mission is to understand the true nature of the universe. The round consisted of investments from the following VCs : Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, amongst others. Onwards and Upwards! The Race to AGI is well and truly on. Never bet against Elon... Source:

Exciting developments ahead for family offices! 📰 Arch Labs is gearing up to introduce some remarkable new features. In a recent discussion, Chris Mays caught up with Ryan Eisenman of Arch Labs to explore how these upcoming additions are set to revolutionize workflow support for investors and advisors. 🎞️ Watch the full interview here: https://lnkd.in/ePxwa9By #ArchLabs #FamilyOffice #AI #FinTech

In this David-against-Goliath battleplay, what I've found most impressive is the ability to compete with only one-twentieth of the financial resources... This opens a new and more frugal route to GenAI, demonstrating that innovation and efficiency can overcome substantial financial disparities.

To my clients and/or colleagues interested in #GenerativeAI, I highly recommend #FractionalCTO Tony Karrer and his team of experts. Read his post below.

Code, capital, media, and labor are all points of leverage. Code has been the reigning king. But that’s quickly changing. Code’s moat used to be deep and wide. Now, thanks to generative AI, it’s shallow and narrow. Execution is now an order of magnitude easier. Non-technical founders can ship fast and bring their ideas to life. The new moat is media, and even more importantly, effective distribution of that media. In a world of unlimited product ideas being launched in 7 minutes by AI, media distribution will be the differentiator. The only way to survive, let alone thrive. Engineers have been the princes of Silicon Valley forever. But now it’s time for the coronation of the marketers. Times are changing fast. What a time to be alive.

Accelerating the world's creative work at Workflow You can now watch the whole of Allis Yao's talk on the future of designer <> reviewer <> dev interactions on yt. At Workflow they are building a platform to streamline creative processes making use of a hybrid approach of multimodal models, text based LLMs and OCR models. links in comments thanks to the sponsors of AI Demo Days #2 Cherry Ventures, Cohere and StackOne 😇