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- New AI in the City (not surprisingš)
New AI in the City (not surprisingš)
Puls+ some news to keep you updated
šØ QUICK MARKET UPDATES šØ
š§ 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?
š¢ Carnival Cruises Ahead:
Carnival crushed earnings expectations and bookings are booming. The travel rebound is real!
šø Crypto Slips:
Bitcoin and Ether hit multi-month lows as investors shy away from risk. Volatility strikes again.
šļø 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 ToTheUnknownāthe newsletter where you learn stuff your teacher wouldnāt dare to tell you. š¤«
Alright, Iāll admit itāthis post might not be my best work. But hey, stick around; thereās still plenty to chew on, and I hope youāll love the read anyway.
Letās dive in:
š¦ Another cool AI tool
Alright, buckle up because weāre diving into the latest shiny object in the AI worldāKONG AIāaka ChatGPTās cooler, more jacked older brother who chugs spicy margaritas and crushes sales targets for breakfast. (not my words!)
So, whatās the deal with KONG?
Itās 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 thatās built for one thing: SELLING.
Translation: KONG doesnāt 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 KONGās The Big Deal?
Think:
Copy that converts: Ads, emails, landing pagesāKONG writes them like itās on commission.
Lightning-fast: Spits out killer marketing content faster than your morning coffee brews.
Tested & proven: Itās trained on real campaigns with billions of dollars on the line.
What Makes It Different?
Hereās 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 moreāmore clicks, more customers, and yes, more $$$.
TL;DR:
KONG isnāt just another AI tool. Itās the Michael Jordan of marketingādriven, smart, and built to win. If youāre 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 itās done. šŖ
(Not an ad BTW)
š¾ Venture Capital is All-In on AI
Venture capitalists have a new crush, and itās 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 hereās 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: Thereās 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 outāIPOs and buyouts arenāt happening as much anymore. Ghost town.
So whatās 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. Itās a high-stakes game, everybody is hoping AI can save the day.
Will it work?
I donāt know, but one thingās for sure: AI has become the MVP of venture capital dreams.
What does this mean for you?
AI's rise means weāre in for more tools, products, and services changing everything.

Keep an eye on the job market, tech trends, and any chance to ride this wave yourself. AI might not just be their MVPāit could be yours too.
And as always, Iāll try to keep you updated.
š 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.
Hereās the tea:
56% expect revenue growth (yay!), but 34% foresee a nosedive (yikes!).
Rising costsāwages, taxes, and everything in betweenāare eating into profits.
If they lose a major client or supplier, 29% could go belly-up.
Debt collectors arenāt 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 youāre dreaming of starting your own business someday, pay attention to how these challenges are playing outāyouāll learn valuable lessons about planning, budgeting, and keeping your business steady during tough times.
š Carnival Cruises: Sailing Towards Success
Imagine itās been raining for days. Youāre stuck inside, bored, dreaming of sunshine. Then the rain stops, the sun comes out, and someone says, āLetās go on a boat ride!ā
Youād probably jump at the chance, right?
Thatās whatās happening with Carnival Cruises right now. After years of pandemic restrictions (where everyone was stuck at home), people are ready to travel againāand cruises are back in style.
Hereās why Carnival is crushing it:
Better-than-expected earnings: They made more money than anyone thought they would.
Sky-high bookings: Tons of people are planning cruises for 2024 and beyond.
It makes senseāafter 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 youāre investing in travel stocks or just thinking about taking a vacation, now might be the perfect time to dive in. And if youāre not into cruises, this trend shows how much people value experiencesāsomething to keep in mind for future business ideas.
š Why Bitcoin and Ether Are Struggling Right Now
Crypto is like a rollercoaster. One day youāre at the top, feeling unstoppable. The next day, youāre plunging down, wondering why you got on the ride. Right now, Bitcoin and Ether are on the downslide, hitting their lowest points in months.
Whatās going on?
Recession fears: Everyoneās worried about the economy slowing down. When that happens, investors start selling riskier assets like crypto and putting their money into āsaferā bets, like gold or bonds.
Volatility: Crypto prices are always swinging up and down. Itās the nature of the beast.
But hereās the thing about rollercoasters: they go up and down. Crypto might be struggling now, but historically, itās bounced back time and time again.
Donāt even think of selling (I guess, you. could always sell to me, because Iām buying š), because were in the ābanana zoneā baby! š„³

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 elseābecause itās 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), weāre on the verge of another strong 6-12 months in crypto.
What does this mean for you?
If youāre 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 youāre not into crypto yet, this dip could be a chance to jump inābut only if youāre ready for the ups and downs. Remember, only invest what you can afford to loseābecause with crypto, itās always a wild ride!
So yeah, today was kinda mehājust the usual snooze-fest of old news. š„±
But tomorrow? Oh, tomorrowās gonna be spicy. The crypto worldās been cooking up some interesting stuff, and trust me, youāll want to be here for it. š
Catch ya then!
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