Synthesis Institute collapse is a major setback for US psychedelic therapy

While the retreat might have met with bureaucratic roadblocks, Synthesis’ psychedelic practitioner training program was one of the first approved by the state of Oregon. The first students to embark on the Psychedelic Practitioner Core Training program did so in November 2022. The course was due to take 13 months and had an upfront cost […]
Grammarly goes big with generative AI features in GrammarlyGO – TechHQ

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Yellen says government trying to help Silicon Valley Bank depositors but dismisses bailout

The sudden collapse of Silicon Valley Bank, the lifeblood of young tech firms, has sent shockwaves through the startup ecosystem as countless firms scramble to find ways to meet next week’s payroll and other operating expenses after the bank was taken over by the regulators on Friday. “Well let me be clear that during the […]
As the SVB auction continues, the sale of its UK arm bounces between potential suitors

Any agreed sale may not be known until late Sunday, if at all. It’s still possible that no deal will be reached and the bank will become insolvent. SVB had more than $175 billion in deposits and $209 billion in total assets. The FDIC is reportedly attempting to make at least a portion of clients’ […]
GPT-4 Will Be Released Next Week, Microsoft CTO Says – Medium

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How to Become a Super Successful Sales Rep in B2B Sales

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Bing, ChatGPT bring wondrous use cases — and ominous dark sides – The Washington Post

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Y Combinator calls on Congress to act on SVB collapse

“We are not asking for a bailout for the bank equity holders or its management; we are asking you to save innovation in the American economy,” the petition reads. The memo asks two things: that small-business depositors at SVB will be made whole through regulators conducting a back stop, and that Congress restores “stronger regulatory […]
Israeli Startup Releases World's Most Advanced AI-Text Generator – NoCamels – Israeli Innovation News

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Brex CEO is trying to raise over $1 billion in a weekend for SVB-related bridge loans

“We’re working with a lot of lenders this weekend, to basically raise as much money as we can afford,” Dubugras said. So far, over $1.3 billion of payroll loan requests has been made from over 500 applicants. “The same people who are requesting the $1 billion have around 10 billion in aggregate deposits [at SVB]. […]