
Alexandra Sternlicht
@iamsternlicht
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Tech reporting @fortunemagazine & MBA @columbia_biz. Prev. @bagehots @columbiajourn @penn @forbes @nytimes. [email protected] & signal: asternlicht.01
Brooklyn, NY
Joined October 2019
SCOOP: A TikTok data scientist says he was assigned a Seattle-based manager on paper, while actually reporting to a Beijing-based ByteDance executive, who ordered him to regularly email U.S. data in spreadsheets to ByteDance workers in China during 2022.
fortune.com
The allegations come as TikTok and its owner, ByteDance, try to fend off legislation aimed at forcing a sale.
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RT @alexrkonrad: Startups raised $91B in Q2. But one-third of it went to just 16 mega rounds of $500M or more, per Crunchbase data, mostly….
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RT @BariAnasse: Honored to be featured in @Fortune by brilliant journalist Alexandra Sternlicht on the AI brain drain: .
fortune.com
The big pay packages AI companies are throwing at AI PhDs stoke fears of a “brain drain” from academia.
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A PhD student being recruited by Google was slated to meet with Sergey Brin and Sundar Pichai when he visited their HQ, says a Northwestern department head who was attempting to hire this person as a researcher. “How are we going to compete?" he asks.
fortune.com
The big pay packages AI companies are throwing at AI PhDs stoke fears of a “brain drain” from academia.
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RT @Techmeme: Legal AI startup Harvey raised a $300M Series E co-led by Kleiner Perkins and Coatue at a $5B valuation and says it serves 33….
techmeme.com
Alexandra Sternlicht / Fortune: Legal AI startup Harvey raised a $300M Series E co-led by Kleiner Perkins and Coatue at a $5B valuation and says it serves 337 clients like KKR and PwC globally
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NEWS: Legal AI Harvey raises $300 million at $5 billion valuation. This is the largest valuation for a legaltech company in history . Me for @FortuneMagazine .
fortune.com
Legal LLM Harvey has raised a $300 million Series E at a $5 billion valuation.
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If true, this should chill investors who’ve sunk hundreds of billions into deeply unprofitable LLM makers like OpenAI.
fortune.com
This will likely cause some agita among investors who’ve sunk hundreds of billions into deeply unprofitable LLM makers like OpenAI and Anthropic.
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Snapchat will beat Meta, Google and Apple to market with its new AI/AR glasses. Will the first-mover advantage help it compete in the hot hardware category?
fortune.com
Its Specs are set for release ahead of products by top competitors.
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One analyst I interviewed likened CoreWeave to WeWork 👀👀👀 for @FortuneMagazine .
fortune.com
Is this the 2025 version of the GameStop?
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RT @leomschwartz: After Circle's red-hot IPO yesterday, mainstream attention around stablecoins is only likely to grow. @bdanweiss and I….
fortune.com
Fortune 500 tech firms are having early conversations with crypto companies about stablecoin integration.
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The Circle IPO underpricing has only been exceeded by Visa, Airbnb, Snowflake, Rivian, DoorDash and Coupang 🤯🤯.By @shawntully1
fortune.com
While Wall Street insiders enjoyed a first day "pop," it appears Circle could have pocketed much more from its debut.
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RT @lexnfx: Nvidia’s chips are among the world’s hottest commodities. So why is the company trashing $4.5 billion of H20s just because Trum….
fortune.com
Nvidia's options for the chips, originally destined for China, but since banned from export there, are limited.
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"These chips will meet the “cool lava lamp” you got from your aunt in a landfill somewhere,” one expert told me. Why Nvidia decided to maximize value by writing $4.5 billion in chip inventory to $0. For @FortuneMagazine .
fortune.com
Nvidia's options for the chips, originally destined for China, but since banned from export there, are limited.
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While his words were pointed, Huang was careful not to call out President Trump by name in his critique, referring only to U.S. policy.
fortune.com
During Nvidia's quarterly earnings call, CEO Jensen Huang gave a real time demonstration of how to navigate politics in the Trump era.
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While Wall Street obsesses over Nvidia, a lone analyst placed a "sell" rating on the stock. I spoke with him and learned why.
fortune.com
Ahead of Nvidia's highly anticipated Q1 earnings report, Jay Goldberg of Seaport Research Partners, lays out the bear case.
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Hi again! I've graduated from @Bagehots and am back at @FortuneMagazine covering tech—notably Nvidia and Google—before I return to @Columbia_Biz for MBA year 2 in the fall. Let's chat! alex.sternlicht@fortune.com // asternlicht.01 on signal 😎😎.
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And huge congrats to my fellow @FortuneMagazine finalists @shawntully1 @philwahba @erikafry @jeffjohnroberts :).
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Thank you to my amazing editors @vkopytoff and @lexnfx for supporting and pushing this reporting.
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You can read the story here:
fortune.com
The allegations come as TikTok and its owner, ByteDance, try to fend off legislation aimed at forcing a sale.
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RT @Ali_Lev: Scoop:. TikTok projects that TikTok Live could generate $77 billion a year globally by 2027, according to a newly unsealed law….
bloomberg.com
TikTok generated $1.7 billion globally in sales from TikTok Live in just one quarter in 2023, with more than $400 million of that coming from the US, according to a newly unsealed lawsuit brought...
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