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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

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On December 23rd, 2020, Pavel Durov posted to his channel that the company would need to start generating revenue. In early 2021, he added that any advertising on the platform would not use user data for targeting, and that it would be focused on “large one-to-many channels.” He pledged that ads would be “non-intrusive” and that most users would simply not notice any change. For Oleksandra Tsekhanovska, head of the Hybrid Warfare Analytical Group at the Kyiv-based Ukraine Crisis Media Center, the effects are both near- and far-reaching. "For Telegram, accountability has always been a problem, which is why it was so popular even before the full-scale war with far-right extremists and terrorists from all over the world," she told AFP from her safe house outside the Ukrainian capital. However, the perpetrators of such frauds are now adopting new methods and technologies to defraud the investors. The message was not authentic, with the real Zelenskiy soon denying the claim on his official Telegram channel, but the incident highlighted a major problem: disinformation quickly spreads unchecked on the encrypted app.
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