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Venture Capitalists Bet on Both Sides of the AI Rivalry

Breaking a long-standing taboo, VCs are pouring billions into competing LLM startups like OpenAI and Anthropic, sparking debate: is this hedging a smart strategy or an ethical dilemma?

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Venture Capitalists Bet on Both Sides of the AI Rivalry

Breaking a long-standing taboo, VCs are pouring billions into competing LLM startups like OpenAI and Anthropic, sparking debate: is this hedging a smart strategy or an ethical dilemma?

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🛡 Powered by V3V Ventures

BY Venture Capital




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Continuing its crackdown against entities allegedly involved in a front-running scam using messaging app Telegram, Sebi on Thursday carried out search and seizure operations at the premises of eight entities in multiple locations across the country. Since its launch in 2013, Telegram has grown from a simple messaging app to a broadcast network. Its user base isn’t as vast as WhatsApp’s, and its broadcast platform is a fraction the size of Twitter, but it’s nonetheless showing its use. While Telegram has been embroiled in controversy for much of its life, it has become a vital source of communication during the invasion of Ukraine. But, if all of this is new to you, let us explain, dear friends, what on Earth a Telegram is meant to be, and why you should, or should not, need to care. You may recall that, back when Facebook started changing WhatsApp’s terms of service, a number of news outlets reported on, and even recommended, switching to Telegram. Pavel Durov even said that users should delete WhatsApp “unless you are cool with all of your photos and messages becoming public one day.” But Telegram can’t be described as a more-secure version of WhatsApp. Investors took profits on Friday while they could ahead of the weekend, explained Tom Essaye, founder of Sevens Report Research. Saturday and Sunday could easily bring unfortunate news on the war front—and traders would rather be able to sell any recent winnings at Friday’s earlier prices than wait for a potentially lower price at Monday’s open. In 2018, Russia banned Telegram although it reversed the prohibition two years later.
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