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X @U.S. Securities and Exchange Commission
Our respective agencies must harmonize product and venue definitions; streamline reporting and data standards; align cross-border, capital, and margin frameworks; and stand up a joint innovation exemption using each agency’s exemptive authority. ...
AI Changing How Software Is Sold: OpenAI Chairman Taylor
Bloomberg Technology· 2025-08-15 17:29
Customer Service & AI Application - Sierra is experiencing unprecedented customer interest, revenue growth, and customer momentum in the AI-driven customer service space [2] - Sierra is a leader in applying AI to customer service, serving traditional companies like ADT Home Security and Direct TV, as well as fast-growing Silicon Valley companies like Ramp [3] - Sierra's AI agents are solving problems autonomously, with Ramp's agent resolving 90% of customer cases without human intervention [10] - Sierra is conducting hundreds of millions of phone calls and digital chats on its platform annually [13] - Sierra went live with an international retailer in 15 markets in six weeks, automatically solving 85% of their customer service cases [21] Business Model & Pricing - Sierra employs an outcome-based pricing model, charging customers only when it autonomously solves their problems [6] - The outcome-based pricing model aligns Sierra's interests with its customers, as they only pay when Sierra saves them money and solves customer problems [7] Customer Base & Market Position - Over 20% of Sierra's customers have over $10 billion in revenue, and over half have over $1 billion in revenue [9] - Sierra serves a wide range of industries, including health insurance and banking [8] Expansion & Growth - Sierra has opened offices in New York, Atlanta, and London, with plans to expand into Asia [12] - Sierra raised $175 million last year led by Greenhouse Capital [17] - Sierra is open to raising more capital to facilitate faster growth and serve multinational corporations in Europe and Asia [17] Technology & Talent - Sierra focuses on applying existing AI models to solve problems, rather than building frontier models [19] - Sierra is not directly competing for the researchers building foundation models, but acknowledges a competitive market for talent in the AI application space [22][23]
X @TylerD 🧙‍♂️
TylerD 🧙‍♂️· 2025-08-07 19:17
The obvious impact of the Trump crypto 401(k) Executive Order is the "infinite twap" of capital into crypto assets ongoing and forever nowBut a key piece I missed, and shoutout to @KookCapitalLLC on this oneThere will be an upfront re-balancingOnce these are approved, there will be a large cohort of people who immediately sell SPX to go 1-2% BTC, or 5%, or 10%+That's not 1-2%+ of their weekly paychecks, that's 1-2%+ of their entire 401ksThis is the type of capital tsunami that could push us to $180k+ BTC in ...
X @Bitcoin Archive
Bitcoin Archive· 2025-07-17 17:40
RT Bitcoin Archive (@BTC_Archive)MICHEAL SAYLOR:“The more capital I raise, the more capital I can raise. That breaks every textbook at Harvard and Stanford."https://t.co/4vT4YYyjbI ...
Goldman Sachs CEO David Solomon: Fed independence is very important and we should preserve it
CNBC Television· 2025-07-16 15:55
I mean speaking of rates, you've been for last year or so at least higher for longer camp and Fed for the better part of the year has been on hold. So that's been right. What do you think happens next. Well, you know, the trajectory here, you know, you're asking what happens next.You're talking about in 2025. You think we'll get a few cuts. I I think there's I think there's a reasonable chance we get a cut or two.Um but not certain. And you know I think the market is absorbing the trade policy but on the ca ...