🏆🤖The Future of Entrepreneurs

THE PROFITS💸

Good morning Opportunists. The entrepreneurial landscape is shifting, cyber threats are evolving, the AI bubble continues to swell, and Israeli tech talent is making waves abroad. Dive into the stories shaping the future of innovation and the challenges redefining the global tech scene.

First time reader? Join over 5,000 Opportunists searching for what the Elitists, Politicians, and Billionaires money is doing so you know what happens next. Don’t be left in the dark, Sign up here.

Read Time: 6 mins

Support our team!

Support us here!

Show your support for our team by visiting our store, where you can find apparel that perfectly matches your style and personality. Whether you're looking for something casual, trendy, or sporty, we have a variety of options to help you express yourself while backing our mission!

Support us here!

Trending AI and Money News

The Future of Entrepreneurs

Sam Altman predicts that AI will soon enable a single founder to achieve a billion-dollar valuation without hiring a single employee, a vision driven by the rise of autonomous AI agents. These agents, like those offered by Relevance AI, streamline administrative tasks—such as sales, marketing, and operations—allowing creators and entrepreneurs to focus solely on creativity and innovation.

Relevance AI’s no-code platform empowers users to train customized AI agents capable of handling everything from booking meetings to managing customer outreach. Creators have already turned to such tools to expand their one-person enterprises, eliminating resource constraints that previously hindered growth. Co-founder Daniel Vassilev explains, “AI agents free creators from labor-intensive tasks, enabling them to focus on bold, transformative ideas.”

This technology is fueling a surge in the creator economy, with individuals using platforms like Relevance AI to build thriving automation agencies. Vassilev notes, "Creators who began with YouTube tutorials are now running successful AI customization businesses, creating a self-sustaining ecosystem of education and innovation." While Altman’s vision of a "one-person unicorn" is nearing reality, Vassilev emphasizes collaboration’s enduring value: “A billion-dollar solo venture is possible, but a ten-billion-dollar business built with a team might be even better.” [Source]

Inside Wordware’s Lightning-Fast $30M Seed Triumph

Wordware, the first full-stack OS for AI development, has raised a record-breaking $30 million seed round led by Spark Capital, with participation from top investors like Felicis and Y Combinator. The platform simplifies AI creation by introducing natural language as the programming standard, empowering knowledge workers and engineers alike to collaborate seamlessly on building advanced AI agents. Founded by Filip Kozera and Robert Chandler, Wordware reduces AI development time from months to weeks, democratizing access to cutting-edge solutions and transforming how businesses operate.

Already powering operations for companies like Instacart and Runway, Wordware’s intuitive design lets users build AI applications as effortlessly as editing a Notion document, unlocking human creativity and efficiency. With $30 million secured in just seven days, Wordware is set to revolutionize AI development, bridging the gap between vision and execution while reshaping the workplace for the AI era. [Source]

Warren Buffets Take on How the Stock Market is Designed

Warren Buffett, the "Oracle of Omaha," champions patience and long-term investing over the high-risk allure of day trading, often stating, “The stock market is designed to transfer money from the active to the patient.” While day trading may seem glamorous, over 97% of participants lose money, a reality Buffett attributes to the trap of liquidity tempting frequent actions. Instead, he advocates for buying strong companies and holding them long-term, likening investing to a “no called strike business” where waiting for the perfect opportunity is a key advantage.

For those without time to analyze stocks, Buffett advises sticking with low-cost index funds like the Vanguard S&P 500 ETF (VOO), emphasizing simplicity and diversification.

Ultimately, Buffett's approach is a testament to the power of patience, as Berkshire Hathaway’s remarkable 204% growth over the past decade exemplifies the rewards of staying invested. [Source]

Science and Technology

New Cyber Attacks: A newly exposed Windows vulnerability highlights the urgency for 450 million users to secure their PCs as Windows 10 support ends next October. Microsoft’s $30 one-year extension offers a temporary fix, but millions will still face risks if they don’t upgrade to Windows 11 or new hardware. The recent RomCom cyberattack, leveraging chained zero-day vulnerabilities, underscores how sophisticated threats can exploit unpatched systems with no user interaction. Analysts predict a surge in PC sales by 2025, driven by Windows 10’s end-of-life and enterprise upgrade cycles. As Microsoft prompts users to act, the looming risks of unprotected systems may outweigh the irritation of upgrade notifications. [Source]

As Cyber Attacks ramp up, we hope to inform you on what you need to do to prevent and especially outsourcing to any great company that specializes in guarding your personal data and finances. 

Musk’s Starlink Crackdown: Namibia's Communications Regulatory Authority ordered Starlink to cease operations for operating without a license, urging the public to avoid its services while seizing illegal terminals and opening criminal cases. [Source]

xAI Team is Quick: Intel CEO Pat Gelsinger praised xAI’s rapid achievements after visiting Elon Musk’s Memphis Supercluster, highlighting that Intel Xeon processors power the cluster’s head node managing 100,000 Nvidia GPUs. Despite Intel’s struggles in data centers and AI, Gelsinger’s visit suggests a bid to strengthen ties with Musk’s growing AI ambitions, potentially positioning Xeon CPUs as a key component in xAI’s planned expansion to 200,000 GPUs and beyond. [Source]

The AI Bubble Expands: Former Google executives behind /dev/agents, including Android pioneers, aim to revolutionize AI development by creating a unified operating system for AI agents to collaborate seamlessly on complex tasks like trip planning. With $56 million in seed funding and a $500 million valuation, the team plans to launch their generative AI-powered, cross-device platform next year, betting on its potential to unlock the full capabilities of autonomous AI systems and monetize through commerce integrations or subscriptions. [Source]

Business & Markets

Israeli Tech Exodus Abroad: Israel, long hapcerns and political unrest following the Oct. 7 attacks, with migration up 285% in their aftermath. Highly skilled professionals, particularly in tech and medicine, are leaving for Europe and beyond, driven by safety fears and disillusionment, raising concerns about a potential brain drain and its impact on Israel’s economy and social fabric. [Source]

Japan’s Discovery: Japan’s discovery of over 230 million tons of rare materials, valued at $26 billion, could redefine its role in the global tech industry, reducing reliance on imports and challenging China’s monopoly on rare-earth resources. With enough cobalt and nickel to power its domestic demand for decades, Japan is poised to drive innovation in electric vehicles and renewable energy while navigating sustainable extraction methods to safeguard its ecosystem. [Source]

What Does This Mean for the U.S.?

With Donald Trump’s re-election on November 5, 2024, his revived interest in purchasing Greenland could gain new momentum. Priced at $50 billion, this bold move would secure not only more territory but also untapped reserves of rare, high-value metals—critical to boosting America’s economy, tech industry, and ambitions in the new space race. Could Japan’s game-changing discovery inspire the U.S. to make its own historic power play and how can you profit? Stay tuned.

Databricks: San Francisco-based Databricks, a leader in AI-driven data organization, is raising between $5 billion and $8 billion in its latest funding round, potentially pushing its valuation to $55 billion and marking one of the largest raises of the year, second only to OpenAI. This cash influx aims to ease employee pressure to sell shares, delaying the need for a public IPO until possibly mid-2025, despite the company reporting $2.4 billion in projected annualized revenue for 2024. Backed by powerhouses like Nvidia and Andreessen Horowitz, Databricks continues its AI momentum with strategic acquisitions like MosaicML and is solidifying its position in a year where one-third of all venture capital funding has gone to AI startups. [Source]