New AI in the City (not surprisingšŸ™„)

Puls+ some news to keep you updated

🚨 QUICK MARKET UPDATES 🚨

🧠 VC (Venture Capital) Bets Big on AI:
Databricks just raised $10B, leading the charge as venture capital doubles down on AI. Meanwhile, $2.5T is stuck in struggling private companies waiting for IPOs. Is AI the lifeline?

🚢 Carnival Cruises Ahead:
Carnival crushed earnings expectations and bookings are booming. The travel rebound is real!

šŸ’ø Crypto Slips:
Bitcoin and Ether hit multi-month lows as investors shy away from risk. Volatility strikes again.

šŸ—ļø SMEs on the Brink:
SMEs face insolvency risks with rising costs and tax pressures. Nearly 1 in 3 could fail if a major client is lost.

Good Afternoon, and welcome to ToTheUnknown—the newsletter where you learn stuff your teacher wouldn’t dare to tell you. 🤫

Alright, I’ll admit it—this post might not be my best work. But hey, stick around; there’s still plenty to chew on, and I hope you’ll love the read anyway.

Let’s dive in:

šŸ¦ Another cool AI tool

Alright, buckle up because we’re diving into the latest shiny object in the AI world—KONG AI—aka ChatGPT’s cooler, more jacked older brother who chugs spicy margaritas and crushes sales targets for breakfast. (not my words!)

So, what’s the deal with KONG?

It’s the creation of Sabri Suby, the marketing wizard behind $1.5B in revenue. He took all that money-making magic and stuffed it into one brainy AI that’s built for one thing: SELLING.

Translation: KONG doesn’t just talk; it sells. Think of it as an AI that actually gets your business goals, unlike that one intern who thought "engagement" meant liking memes all day.

Why KONG’s The Big Deal?

Think:
Copy that converts: Ads, emails, landing pages—KONG writes them like it’s on commission.
Lightning-fast: Spits out killer marketing content faster than your morning coffee brews.
Tested & proven: It’s trained on real campaigns with billions of dollars on the line.

What Makes It Different?

Here’s the kicker: Businesses using KONG are slashing their lead costs faster than your dog devours dropped food. One user bragged about cutting their lead cost in half. HALF! Imagine spending less to get more—more clicks, more customers, and yes, more $$$.

TL;DR:

KONG isn’t just another AI tool. It’s the Michael Jordan of marketing—driven, smart, and built to win. If you’re in the business game and not using it, well... hate to break it to you, but your competition probably will.

Too good to be true, read for yourself Check it out here.

So, what are you waiting for? Let KONG flex its AI muscles and show your business how it’s done. šŸ’Ŗ

(Not an ad BTW)

šŸ‘¾ Venture Capital is All-In on AI

Venture capitalists have a new crush, and it’s AI. Databricks just scored a $10 billion funding round (yep, billion with a "B"). Meanwhile, other start-ups are struggling to scrape together lunch money.

Why?

AI is the shiny new toy of the tech world, and everyone wants a piece. But here’s the twist: this comes at a time when investments in other start-ups are drying up faster than spilled coffee in the Sahara.

Fun fact: There’s about $2.5 trillion (yep, trillion) locked up in private companies worth over $1 billion each. Problem is, most of these companies are struggling to cash out—IPOs and buyouts aren’t happening as much anymore. Ghost town.

So what’s the game plan?

Instead of betting on lots of little start-ups like they used to, VCs are putting big bucks into fewer, more proven companies. It’s a high-stakes game, everybody is hoping AI can save the day.

Will it work?

I don’t know, but one thing’s for sure: AI has become the MVP of venture capital dreams.

What does this mean for you?

AI's rise means we’re in for more tools, products, and services changing everything.

Yay GIF by YoungerTV

Keep an eye on the job market, tech trends, and any chance to ride this wave yourself. AI might not just be their MVP—it could be yours too.

And as always, I’ll try to keep you updated.

šŸ› ļø SMEs Are Dancing on Thin Ice

Small and medium-sized businesses (SMEs) are under some serious pressure. Rising costs (thanks, wage hikes!) and aggressive tax collectors are making life pretty tough.

Here’s the tea:

  • 56% expect revenue growth (yay!), but 34% foresee a nosedive (yikes!).

  • Rising costs—wages, taxes, and everything in between—are eating into profits.

  • If they lose a major client or supplier, 29% could go belly-up.

Debt collectors aren’t helping. The tax office is coming in hot with aggressive collection tactics, and insolvencies have jumped 39% this past year.

Industries like mining and transport are sorta okay, but construction and manufacturing are in full panic mode.

Moral of the story?

SMEs need to buckle up, plan ahead, and maybe get a financial wizard on speed dial.

What does this mean for you?

If you have a favorite local coffee shop or family-run store, this is the time to support them. Small businesses are the heart of communities, and they need help to survive. And if you’re dreaming of starting your own business someday, pay attention to how these challenges are playing out—you’ll learn valuable lessons about planning, budgeting, and keeping your business steady during tough times.

🌊 Carnival Cruises: Sailing Towards Success

Imagine it’s been raining for days. You’re stuck inside, bored, dreaming of sunshine. Then the rain stops, the sun comes out, and someone says, ā€œLet’s go on a boat ride!ā€

You’d probably jump at the chance, right?

That’s what’s happening with Carnival Cruises right now. After years of pandemic restrictions (where everyone was stuck at home), people are ready to travel again—and cruises are back in style.

Here’s why Carnival is crushing it:

  1. Better-than-expected earnings: They made more money than anyone thought they would.

  2. Sky-high bookings: Tons of people are planning cruises for 2024 and beyond.

It makes sense—after years of canceled trips and working from home, people are ready for some fun.

Carnival is proving that even after tough times, a big comeback is possible.

What does this mean for you?

This is a great reminder that industries can bounce back after hard times. Whether you’re investing in travel stocks or just thinking about taking a vacation, now might be the perfect time to dive in. And if you’re not into cruises, this trend shows how much people value experiences—something to keep in mind for future business ideas.

šŸ“‰ Why Bitcoin and Ether Are Struggling Right Now

Crypto is like a rollercoaster. One day you’re at the top, feeling unstoppable. The next day, you’re plunging down, wondering why you got on the ride. Right now, Bitcoin and Ether are on the downslide, hitting their lowest points in months.

What’s going on?

  • Recession fears: Everyone’s worried about the economy slowing down. When that happens, investors start selling riskier assets like crypto and putting their money into ā€œsaferā€ bets, like gold or bonds.

  • Volatility: Crypto prices are always swinging up and down. It’s the nature of the beast.

But here’s the thing about rollercoasters: they go up and down. Crypto might be struggling now, but historically, it’s bounced back time and time again.

Don’t even think of selling (I guess, you. could always sell to me, because I’m buying šŸ˜‰), because were in the ā€œbanana zoneā€ baby! 🄳 

Thanks Milk Road

By now, you probably have an idea that the summer season is the best phase in the business cycle to be in the markets. But we like to call this phase something else—because it’s our favorite phase, and all the charts look like bananas!

Take a look at the last three cycles and see how crypto absolutely took off during the banana zone

If history repeats itself (and we believe it will), we’re on the verge of another strong 6-12 months in crypto.

What does this mean for you?

If you’re into crypto, this is a great time to learn patience. Prices might be low, but if history is any guide, they could climb back up. If you’re not into crypto yet, this dip could be a chance to jump in—but only if you’re ready for the ups and downs. Remember, only invest what you can afford to lose—because with crypto, it’s always a wild ride!

So yeah, today was kinda meh—just the usual snooze-fest of old news. 🄱

But tomorrow? Oh, tomorrow’s gonna be spicy. The crypto world’s been cooking up some interesting stuff, and trust me, you’ll want to be here for it. šŸ‘€

Catch ya then!

Reply

or to participate.