What happens when you give people free cash?
Summary of Sam Altman's $60M UBI trial: $1,000/mo reduced stress and food insecurity in year one, but effects faded in years two–three.
Summary of Sam Altman's $60M UBI trial: $1,000/mo reduced stress and food insecurity in year one, but effects faded in years two–three.
Sergey notes Sesame/Maya — a billion-parameter voice AI — released under Apache 2.0 with no paywalls or permissions; demo runs in your browser.
Opinion that current video-enhancing apps harm genAI's reputation; upscaling tools like Topaz and Resolve Studio don't truly enhance, leaving room for startups.
Observation: despite automation, industry data show option pools growing; founders should reserve about 12% for team equity in AI startups.
In Athens many startups link to Cyprus; speakers at DoersSummit advise: set up in Greece for local focus, Cyprus for global reach.
A candid first-person account of deploying Microsoft Copilot to 4,000 employees, inflated metrics, and corporate buzzwords around AI enablement.
Notes on Sam Altman’s two-hour interview — OpenAI, GPT-5, Sora, board saga, computational power and high-stakes AGI competition.
Timestamps to a video where Sergey Osipov explains what Placy is, the team's achievements, 2025 plans, Cyprus choice, competition and the main challenge.
Placy unlocked Level 2 in Microsoft for Startups Founders Hub — access to $150k Azure credits, $7.5k for OpenAI/Azure and $5k GitHub Enterprise; placy.ai provided.
Self-teaching LLMs: AlphaZero precedent; self-generated reward models tested on Llama 2 70B outperforming Claude 2, Gemini Pro, GPT-4 (report).
Founders' salaries in Europe are typically €30–50k early on, rising to ~€120k by Series A; Placy founders fall in that range (Creandum research linked).
Founder note on choosing primary B2C platform — LinkedIn is fixed for B2B; user counts for Cyprus+Greece and 2023 growth rates for major networks.
Practical steps to cut AWS costs: spot instances, Savings Plans, optimisations and ways to claim up to $100k in AWS credits (e.g., Spendbase promo).
Examples of growth experiments by Airbnb, PayPal, Canva and Facebook/LinkedIn; a quote on learning how to grow a business and a FirstRound link.
AI trends, opportunities and early-adopter challenges at the Cyprus session on May 28; includes Business Meets Tech networking and promo code LMBI10.
Survey of 2,778 AI experts: 50% chance of major AI milestones by 2028; 37–51% assign ≥10% extinction risk. Placy Pro may reshape real estate jobs.
One-day AI Forum in Limassol on Nov 24 with speakers from Microsoft, EPAM, HPE and more; promo code Placy20 for 20% off.
Two AI assistants from Placy: a free consumer-facing product and Placy Pro, a white-label AI for real estate pros; 10 companies set to test it.
YellowRocks VC invites investors and founders to Open.Space Cyprus (Mar 20–22): an anti‑conference for candid, peer‑led networking and tactical startup advice.
Placy seeks an AI Prompt Engineer (voice/text): design prompts, A/B tests, monitor in Langfuse, tune models (OpenAI/ElevenLabs); remote OK, Cyprus core.