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The way that Jensen Huang runs Nvidia is wild

Plus: Charter-Disney Winners and Losers

Author

Cash Nut
September 13, 2023

In Today’s Edition

  • Networking hardware Enfabrica secures raises $125M

  • Zenity raises $16.5 million in Seria A funding to keep no-code and low-code apps secure

  • Charter-Disney Winners and Losers

  • Apple iPhone 15 event: the seven biggest announcements

  • WhatsApp is working on cross-platform messaging

  • Researchers sequence genomes of rare parrot to help it thrive

🚀Startups Nuts

Enfabrica raised $125M in Series B funding to support its work on networking chips designed to handle AI workloads. The Accelerated Compute Fabric Switch (ACF-S) is a converged solution that eliminates the need for traditional server I/O and networking chips. Enfabrica's ACF-S devices optimize existing hardware and support multiple processor vendors without proprietary lock-in. The company employs over 100 individuals in North America, Europe, and India.

Zenity is an Israeli startup that addresses the security risks posed by non-technical users using low-code and no-code tools. The company uses APIs to scan for potential security issues and alerts security teams through a centralized dashboard, providing more visibility into these new applications. Zenity recently raised $16.5 million in a Series A investment to further develop their solution.

🏭Business Nuts

Nvidia CEO Jensen Huang believes that the flattest organization is the most empowering one, so there are no 1:1s in the company and everything happens in the group setting. There are no status reports within Nvidia - Huang believes that these are too refined by the time they get to him. Anyone in the company can email Huang with whatever is on top of their mind and he will read it. The company doesn't have any formal planning cycles, but strategy meetings are open to all employees. Nvidia is optimized for attracting amazing people and allowing information to travel as quickly as possible.

Disney and Charter Communications have reached an agreement to restore popular channels to the cable operator, ending a blackout that lasted for more than a week. The agreement marks a seminal moment in the relationship between pay-TV providers and entertainment companies. Charter appears to be the winner in the standoff as Disney has been forced to give up its attempt at double-dipping by getting paid by Charter for channels and charging subscribers directly for the same content. However, Disney may end up being the long-term winner. More details about the agreement and its implications are available in the article.

📱Tech Nuts

Apple announced its latest iPhone lineup, the Watch Series 9, a second-gen Apple Watch Ultra, a USB-C charging case for the AirPods Pro, and the release dates for its next round of OS updates at its Wonderlust event. The new iPhones will have USB-C and feature the Dynamic Island. The iPhone 15 Pro and Pro Max models will include a new Action button that replaces the mute toggle. Many more details about Apple's latest announcements are available in the article.

WhatsApp's latest Android beta update contains a new screen called Third-party chats. The screen is currently not functional and can't be accessed by users. It is a strong clue that Meta is building cross-platform compatibility for encrypted messages. Meta's communication software will need to be interoperable with third-party messaging apps by March 2024 as the company meets the definition of a gatekeeper under the EU's Digital Markets Act.

🔥Newsletter Spotlight

🎁Miscellaneous

The kākāpō is a critically endangered species native to New Zealand. While its populations have risen slowly over the last decade, the limited genetic diversity in the species' population has made breeding problematic. Most kākāpō are severely inbred and susceptible to disease and infertility. Researchers are now sequencing the genomes of nearly all existing birds to discover genetic variants in the population to help preserve the species.

💡What else are we reading and seeing?

  • Death by a thousand microservices

  • China AI & Semiconductors Rise: US Sanctions Have Failed

  • The Rules of Margin Collapse

  • United States takes on Google in biggest tech monopoly trial of 21st century

  • Unity has changed its pricing model, and game developers are pissed off

  • The new IPO story is lowered expectations

  • Deutsche Bank launches private credit business for investors

  • Nvidia’s dominance in AI chips deters funding for startups

  • SoftBank needs a hit, and it’s betting on Arm

  • Key lesson from Instacart’s IPO - don’t wait

  • 4 secrets of nonverbal eye contact

  • How to strengthen your mind through using your body

  • Mastering storytelling is a must-have leadership skill for the 21st century

  • How Jeff Bezos' 'Reversible vs. Irreversible Decisions Framework' can improve your life

😎Fun Fact

The shortest war in history was between Britain and Zanzibar on August 27, 1896, lasting only 38 minutes

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  • Check out Constant Contact’s AI content generator to help write this post - Link

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