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The AI frenzy has divided the VC market, as the gap between top and bottom performers has more than doubled for 2024 funds compared to funds from 2017 to 2021 (Bloomberg)

Early last year, venture capital firm Felix Capital set out to raise $600 million for its next fund, touting previous investments …

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in AI

Speculative Decoding: Faster On-Device LLMs

Speculative decoding makes a large language model generate text faster on a constrained device without changing what it produces.

  • Speculative decoding speeds up on-device LLMs by generating candidate tokens in advance.
  • Small draft model evaluates candidate tokens against larger model's acceptance criteria.
  • Speed-up ranges from 2x to 3x on predictable text, but less effective on high-entropy text.

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