🎙️ Sex, Money, Creative Equity, Travel, AI, and Jeff - the Drive at Five - Episode 35
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With the team finally recovered from anything and everything that was the Tech.eu Summit, we're back guns a-blazin'.This week we're talkin':- Sex tech - it's not what people think it is.- Quinky is a company that's developing an app providing sex education through gamification for Gen-Z’s- "We are after all the IP branch of the oldest industry in the world – Sex’ and ‘Social permission and the confidence to ask for what they want in the bedroom because that transcends to the boardroom" - Dominique Karetsos, CEO of the Healthy Pleasure Group.- Elaine Burke in the Business Post Connected goes into detail about different areas of sex tech.- British digital bank Monzo has hit profitability for the first time.- Klarna, the Swedish buy now, pay later company, also recently unveiled that it has halved its net loss in the first quarter.- Revolut is definitely not profitable yet, but it has announced reaching over 30 million retail customers making 400 million transactions a month.- Taxfix has laid off 20% of its staff — 120 employees — as part of wider restructuring of the business aimed at cutting costs.- Vitamin has folded.- John Reynolds knows fintech.- Creative equity is the new investment.- Today global travel experiences platform and marketplace GetYourGuide, announced the closing of $194 million in equity and credit financing.- NVIDIA was and then they weren't, but either way, the keynote was hot shiz.- AI made the cover of TIME Magazine.- More letters about AI. Probably lost in the post.- OpenAI is handing out cold hard cash.- Italy bans, unbans, and now establishes a state-backed fund to support AI startups.- Japan says copyright, schmopyright when it comes to training AI.- Your honour, ChatGPT has no further questions.- Spanish startup Jeff never closed a €90 million round, hasn’t paid employees for nine months, and is now filing for bankruptcy. All this and a whole lot more in this week's Drive at Five! If you've enjoyed this show, be sure to like, subscribe, tell your friends, tell your enemies, hell, tell your dog too.