We’re in the pruning phase of tech layoffs

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.
It’s time to lean back, my friends, and take a look at the week that we just had. Now in summer in this part of the world, are we running low of things to talk about? Not in the slightest. Here’s the rundown from Mary Ann and Alex:
A new Chinese AI model had us wondering who is really going to win the AI war and whether governments will play a role — perhaps not the role that they are expecting.
A founder that Founders Fund funded is now funding

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