GPT News Reader

Source: ChatGPT prompts: How to optimize for sales, marketing, writing, and more

Summary
ChatGPT is a powerful tool for various workflows, including sales and marketing. For sales prompts, using descriptive language and personalization leads to better results. ChatGPT can also generate sales pitches and automate cold call scripts. In marketing, ChatGPT can generate keyword lists and assist with brainstorming copy for ads and social media posts.

Fact

Source: Spire and OroraTech will launch a fleet of wildfire monitoring satellites

Summary
Spire Global and OroraTech are partnering to launch a constellation of eight satellites to provide real-time wildfire detection and monitoring data. The satellites will not only monitor active wildfires but also identify areas at risk of wildfires due to climate change. The collaboration is part of Spire’s “space-as-a-service” subscription model and will benefit first responders, as well as the insurance and energy sectors.

Fact

Source: Celestial AI raises $100M to transfer data using light-based interconnects

Summary
Optical interconnect startup Celestial AI has raised $100m in a Series B funding round led by IAG Capital Partners, Koch Disruptive Technologies, and Temasek’s Xora Innovation fund. The funds will be used to support the production of Celestial’s photonics platform and expand the company’s engineering, sales, and technical marketing departments. The company’s photonics technology aims to solve the “data movement” problem in AI and machine learning workloads, allowing for more efficient memory disaggregation and reduced power consumption.

Fact

Source: July 4th weeklong sale on passes to TechCrunch Disrupt 2023

Summary
TechCrunch Disrupt 2023 is offering discounted early-bird prices on passes until July 5. The event will feature insights from Shaquille O’Neal, operational advice from successful startups, industry tracks, an expo floor showcasing 200 companies, and a Startup Battlefield competition.

Facts

Source: As $100M+ venture rounds evaporate, IPOs might have to carry the weight

Summary
The U.S. venture market is experiencing a decline in the number and size of nine-figure investments into private companies. In the first half of 2023, only 108 mega-rounds were recorded, suggesting that the number of late-stage startups able to raise large rounds is decreasing significantly.

Facts
📉 The number of mega-rounds in the United States has declined drastically, with just 108 recorded in the first half of 2023.📉 The average size of nine-figure rounds has fallen below $200 million.📉 The decrease in mega-rounds is a challenging situation for unicorns in the U.S. market.🌎 The decline in mega-rounds in the U.S. may also impact startups globally, as the U.S. has been a leading player in mega-round financings.📈 However, PitchBook expects an uptick in mega-rounds as the year progresses due to the need for capital, but the overall tally is still expected to be significantly lower compared to previous years.