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Welcome back to the HYPEWORKS Newsletter.
Another week, another massive wave of AI startup fundraising.
ICYMI
- xAI raised $15B at a $200B valuation
- Cursor raised $2.3B at a $29.3B valuation (up 12x in 10 months)
- Thinking Machine Labs in talks to raise at a $50B valuation (up 4x from a few months ago)
Some people talk of a AI bubble, time will tell on that front.
YouTube on 🔥
Elsewhere, legacy media is starting to center their operations on YouTube, both from traditional publishers and a new brand of creator-journalists.
Couple that with the rise of video podcasting and an abundance of monetization tools, and you start to see why new media companies are putting their investments here.
Adweek writes more (below) but you just have to open the YouTube app to see for yourself.
Headlines
Podcast
Latest episode: Mia Umanos on Data Science (Watch/Listen)
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