π£️ B2B social networking: Nuvo is a startup that built a social-media-like platform to help facilitate purchases of physical goods, like lumber or building materials, between two businesses. Nuvo is taking on an $11 trillion industry and just raised $34 million.
π§Human first: Wikipedia announced a new AI strategy today, but never fear — Wiki is not getting rid of its community of human editors and volunteers. Instead the AI will be used to build new features that "remove technical barriers," which sounds like an AI strategy that makes everyone happy.
π️ Secondaries' second act: Today's episode of Equity looks at the changing nature of the secondaries market with Jared Carmel, the founder and managing partner of Manhattan Venture Partners. Carmel talked about the rise of retail investors, how the lack of IPOs is fueling the secondaries market, and more.
✈️ More models: App development tool company JetBrains released an "open" AI model for coding called Mellum. The company said this model took about 20 days to train and was trained on licensed code from GitHub and Wikipedia articles.
π€« Privacy policy: Meta updated the privacy policy for its AI glasses, Ray-Ban Meta, to give Meta more power over what data it can store and use to train AI. I have a hard time believing that anyone who'd put an AI model-training device on their face cares too much about privacy.