Episode 31 - TikTok Testifies, ChatGPT Get's smarter and India's VCs and Future of Investments in the Region

The Exit Strategy Podcast

As the Biden administration escalates its threats against TikTok, the company’s chief executive made his first appearance before Congress on Thursday. Given the U.S. government’s aggressive recent posture, TikTok CEO Shou Zi Chew was destined for a harsh turn under the glare of the government’s big, bright lights — and that’s very much what played out across the hearing’s sprawling five hours.

ChatGPT, OpenAI’s text-generating AI system, has taken the world by storm. It’s able to write essays, code, and more given short text prompts, hyper-charging productivity. The tech is not going away — and indeed has expanded dramatically since its launch just a few months ago. Major brands are experimenting with it, using the AI to generate ads and marketing and it won't stop there.

India has long harbored a strong entrepreneurial spirit, and it’s not uncommon to see people leaving their jobs to set up their own businesses. A hallmark of that spirit is quite visible these days in the country’s flourishing startup ecosystem, which has expanded rapidly in the past few years, to say the least.

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