Asian Conglomerates Join AI Fund, Mark Bezos Raises $100M for Venture Fund

SoftBank, SK, LG, and Hanwha join an Asia-focused AI fund. Mark Bezos raises $100M for his inaugural venture fund already backing 6 startups. Plus, emerging Asian startups challenge Nvidia's AI dominance with energy-efficient and cost-effective silicon. Stay updated on the latest developments in the startup ecosystem with Simply Startups.

Sources:
https://asia.nikkei.com/Business/Technology/Artificial-intelligence/SoftBank-SK-LG-and-Hanwha-to-join-Asia-focused-AI-fund
https://refreshmiami.com/mark-bezos-west-palm-firm-raises-100m-for-inaugural-venture-fund-already-backing-6-startups/
https://www.benzinga.com/markets/asia/24/08/40409572/nvidia-ai-dominance-challenged-by-asian-startups-betting-on-energy-efficient-and-cost-effective-sili
https://www.benzinga.com/markets/asia/24/08/40409572/nvidia-ai-dominance-challenged-by-asian-startups-betting-on-energy-efficient-and-cost-effective-sili

Outline:
(00:00:00) Introduction
(00:00:45) SoftBank, SK, LG, and Hanwha to join Asia-focused AI fund
(00:04:16) Mark Bezos’ West Palm firm raises $100M for inaugural venture fund already backing 6 startups
(00:06:56) Nvidia AI Dominance Challenged By Asian Startups Betting On Energy-Efficient And Cost-Effective Silicon — 'Inference' And 'Training' Chips Emerge As Key Focus - Advanced Micro Devices (NASDAQ:AMD), Amazon.com (NASDAQ:AMZN)
(00:10:00) Nvidia AI Dominance Challenged By Asian Startups Betting On Energy-Efficient And Cost-Effective Silicon — 'Inference' And 'Training' Chips Emerge As Key Focus - Advanced Micro Devices (NASDAQ:AMD), Amazon.com (NASDAQ:AMZN)