Having gone through some challenging times, The Try Guys, a group of YouTube personalities, report that they are now poised to achieve profitability. Foundations for this sound assertion is the increasing revenue derived from their new premium service, 2nd Try, which launched only a quarter year ago and now accounts for one fifth of the team’s total revenue stream. That said, it is also important to underscore their existing reliance on diverse income streams, with YouTube advertising playing a considerable role.
Besides their well-received video content and engaging series, the quartet known as The Try Guys also gained unwanted attention through a scandal involving the infidelity of one of their founding members. This unfortunate episode, involving an affair with a member of their staff, posed significant harm to their relationship with existing and potential advertisers, thus altering the course of their online journey.
In the tech industry, speculations were recently dispelled by Elon Musk, the tech industry tycoon, denying a report suggesting a potential revenue sharing arrangement between his companies, Tesla and xAI. The rumor, initially reported by The Wall Street Journal, suggested a proposed arrangement which would have allowed Tesla to utilize AI models from the start-up xAI in its autonomous vehicle advancement.
The alleged agreement, the rumor suggested, would assist Tesla in programming its self-driving software, famously known as Full Self-Driving (FSD). Furthermore, xAI’s expertise was to be enlisted for the development of handy features such as voice assistants for Tesla’s range of automobiles and programming for the humanoid robot called Optimus crafted by Tesla.
In a different part of the world almost two decades ago, Andrew Bissell, tech enthusiast, found himself contemplating retirement or forging ahead while relaxing in his beachside home located in Edinburgh. He was engrossed in a scientific journal at the time when an article piqued his interest. The piece discussed the alarming topic of climate change, warning of sea level rises ranging from 30 cm to an astounding 1 meter by century’s end.
In the realm of technology giants, every company seems to have its own advanced AI model. For Meta, this is embodied in their own AI creation, ‘Llama’. What sets Llama apart from its rivals is its ‘open’ nature, furnishing developers with the liberty to download and utilize it in a variety of ways, albeit amidst certain constraints.
In a bid to offer developers flexibility and choice, Meta has taken a strategic step by collaborating with big names such as AWS, Google Cloud, and Microsoft Azure. The aim of these partnerships is to provide cloud-based versions of Llama, which expands the possibilities for developers and aids in a seamless integration of Llama into various applications.
Often, the most quoted advice for startup founders emphasizes the need to spot a problem and to then find a unique solution for it. This has largely resonated with the multiple-exit-experienced founder, Paul Freedman. He finds himself grappling with a significant issue: his favourite sports team, the Oakland A’s, are set for a move away from their home city to Las Vegas via Sacramento.
As Paul elaborated in a TechCrunch interview, the consequential emotional aftermath of a city losing its sports team deeply impacts its communal psyche. Even though this has no direct connection to technology or entrepreneurship, experiencing such a shift sparked curiosity and instigation to find solutions, even amidst unconventional circumstances.