Attila Brozik

Ever wondered how Quant makes #blockchain simple? Attend my session at the apidays London conference to understand how. And attend João Alves's follow up demo session to see how: https://lnkd.in/e7Wns-VG Further talk details and booking link can be found: https://lnkd.in/ehvSU8Uj

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🚀 The UK's AI startup scene is set to smash records in 2024, targeting a groundbreaking $4.4bn in venture capital 🚀 According to new data from HSBC Innovation Banking UK and Dealroom: 📌 AI startups have already raised $2.1bn in H1 2024. 📌 Nearly 50% of Q2 funding came from major deals ($100m ). 📌 Wayve secured the biggest round with $1.05bn. 📌 “Investors are unlocking value for innovative UK startups, particularly in AI,” says Simon Bumfrey of HSBC Innovation Banking UK. 📌 The UK is Europe's top hub for startup innovation, surpassing France and Germany combined, and ranks third globally behind the US and China. 📌 With new regulatory changes and a commitment to fostering growth, the future looks bright for the UK's tech sector. #AI #StartUp #London

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🚀 🚀 Exciting news! OpenAI Strawberry (o1) has arrived, ushering in a new era of inference-time scaling in production. As Richard Sutton's Bitter Lesson reminds us, learning and search are the only techniques that scale indefinitely with compute. It's time to shift our focus to the latter. Here's why Strawberry is a game-changer: 1️⃣ Reasoning doesn't require massive models. By factoring out reasoning from knowledge, a small "reasoning core" can leverage tools like browsers and code verifiers, potentially reducing pre-training compute needs. 2️⃣ Compute shifts to serving inference. LLMs as text-based simulators can explore multiple strategies, similar to AlphaGo's Monte Carlo Tree Search (MCTS). 3️⃣ OpenAI's foresight on inference scaling is evident. Recent papers support this:   ➡ Brown et al. showed DeepSeek-Coder's performance jump from 15.9% to 56% with increased sampling.   ➡ Snell et al. demonstrated PaLM 2-S outperforming a 14x larger model using test-time search. 4️⃣ Productionizing o1 presents challenges: determining search termination, defining reward functions, and managing tool integration. 5️⃣ Strawberry creates a data flywheel. Correct answers generate valuable training examples, improving future GPT versions. This breakthrough could revolutionize AI development. Excited to see where this leads! #OpenAI #ArtificialIntelligence #MachineLearning #InferenceScaling #AIInnovation #DeepLearning #TechTrends Courtesy: Jim Fan

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Are We Bold Enough in Investing in AI Infra? 🚧 We’re at the very start of the AI revolution, and the infra is still lacking — slow, expensive, and far from the fast, cheap, and widespread infra we need. Think back to the 1840s when the UK invested 5-7% of its GDP into railways. They were bold and visionary. Are we being too cautious today? 🤔 The AI world is a wild ride🎢 Cutting-edge models become obsolete in months, and the race to build AI infra is fierce. Cloud giants like Microsoft, Amazon, and Google are locked in an arms race, pouring billions into AI infra 💰💰💰 But here's the catch: AI's revenue is nowhere near its infra costs. 😕 The recent sharp declines of the Magnificent Seven stocks — tech giants heavily investing in AI — highlight the disconnect between spending and current returns. Some experts warn of a potential bubble if killer apps don't emerge soon. However, there's still a lot of potential for AI ✨ The rapid development of AI infra is driving down costs for developers, fueling innovation. So, are we building the foundation for a great AI future? Or are we on the brink of an AI bubble? Only time will tell. But one thing's for sure: for AI startups, the key is to stay in the game. #AI #infrastructure #startups #innovation #Google #Amazon #Apple #Meta #Microsoft #NVIDIA #Tesla

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Exciting news in the world of FinTech! Spot has just launched its revolutionary payments app after a stealth phase and securing a £500k pre-seed funding round. The app boasts a valuation of £4M and promises to simplify payment processes like never before. Here’s how Spot makes payments a breeze: 1. Bank Integration: Seamlessly connect your bank account using Open Banking. 2. Easy Payment Links: Generate and share payment links via messaging apps like WhatsApp—no need for sort-codes or account numbers. 3. Direct Deposits: Get paid directly into your linked bank account without the payer needing the Spot app. Co-founders Charlie Pentol-Levy and Declan Ridding have truly crafted a game-changer in the payments space. How would Spot simplify your payment process? Damyanna Cooke, Anil Sharma, Sanghita Dey, Josh Mimoun, Kristian Feldborg, Alex Wilson, Alexander Wilson, Pouya Bostani, Bryan Wade, CEO, ETA, CPP, Frank Ebanks https://lnkd.in/ewxnmDRv #FinTech #PaymentsRevolution #SpotApp #Mondayfunding

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STARTUP INVESTMENT OPPORTUNITIES REQUIRED: I have investors seeking seed/series A deals. If this is you or someone you know, please DM me or complete the form on my website (do not list below, as I may not see it)... 🤖 Cybersec, AI, EdTech, Healthcare and Sustainability • Must fit below 👇 🚀 UK-based • Seed Stage or Series A • B2B/B2B2C • Saas / Enterprise 💹 Raising £250k - £2.5m • SEIS/EIS preferred (optional) 💰 Early recurring revenues required (not optional) 🚀 𝐅𝐨𝐮𝐧𝐝𝐞𝐫𝐬 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬: 𝐃𝐌 𝐭𝐨 𝐦𝐞𝐞𝐭. 𝐋𝐨𝐧𝐝𝐨𝐧, 19𝐭𝐡 𝐒𝐞𝐩 ---------------------------- 😊 𝐒𝐭𝐞𝐯𝐞 𝐏𝐫𝐨𝐜𝐭𝐞𝐫 • 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐭𝐞𝐜𝐡 𝐬𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝐟𝐨𝐫 28 𝐲𝐫𝐬 📌 𝐃𝐚𝐢𝐥𝐲 𝐩𝐨𝐬𝐭𝐬 𝐭𝐨 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐟𝐨𝐮𝐧𝐝𝐞𝐫𝐬 #startups #angelinvestors #fundraising #founders #InvestmentReadiness

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