Greg Tseng retweeted
Data labelling is a fricking hard market and there are some core questions.
1. Why does no player want to be called a talent marketplace?
2. Is the proclaimed ārevenueā real revenue or GMV?
3. What are the margins given the GMV structure of the business?
4. Are the players not concerned by the concentration of revenue with 2 customers being over 50% of revenue for every player in market?
5.If synthetic data continues to improve, WTF happens to their core business?
We do not pull punches in this discussion with @jonsid
Top 5 takeaways below š
Spotify š open.spotify.com/episode/2Z4ā¦
Youtube š youtu.be/yQLOicn2vPU
Apple Podcasts š podcasts.apple.com/us/podcasā¦
Timestamps:
00:00 Intro
00:51 Redefining āTalent Marketplacesā Today
03:46 Data, Compute, Algorithms: What is Most Abundant?
16:59 The Biggest Challenges Enterprises Have with AI Adoption
20:57 Why Will 99% of Knowledge Work Will be Gone in 10 Years
28:53 How Will Data-Driven Feedback Loops Replace Technology as the Moat
34:20 Is Revenue BS in Data Labelling? Are Players Calling GMV Revenue?
43:43 Are We in an AI Bubble?
52:22 Why is SaaS Dead in a World of AI?
01:00:32 Will the Phone be the Primary User Interface to an AI World?
01:07:46 Quick-Fire Round
The hidden force behind AI. @Turingcom is a powerhouse.
BREAKING: AI has eaten the Internet. Data labeling is so over. & $30 trillion of human work is on the verge of automation.
Inside The $2.2B AI Research Accelerator, Turing
Founder & CEO, Jonathan Siddharth (@jonsid), joins Sourcery to break down the severe power shift in AI training: from commodity data labeling ā expert research
Positioning @turingcom apart from AI data providers like Scale AI, Mercor, & Surge.
(00:00) AI Ate The Internet
(00:49) Training Superintelligence: the race to AGI
(02:31) Viral tweet
(03:24) What Turing actually does
(04:43) The internet data is āused upā ā where will new data come from?
(05:34) Four pillars of superintelligence: multimodality, reasoning, tool use, coding
(06:07) Automating $30T of global knowledge work
(09:18) The $1B revenue opportunity
(10:59) Why Turing is a research-first accelerator, not a data labeler
(13:45) Jonathanās Stanford AI Lab roots & founding DNA
(17:57) How models are built: pre-training vs. post-training
(20:14) RLHF, reinforcement learning, & ābreaking the modelsā
(25:19) GPT-5 and the myth of rapid takeoff
(30:46) Safety debates and human-in-the-loop systems
(34:53) Closing Enterprise Gap: finance, insurance, & pharma
(39:23) Why proprietary enterprise data is the next moat in AI
Greg Tseng retweeted
There is a fundamental shift in the data needs to power ASI.
Simple data is over. It's now the era of complex, real world & diverse data generated by research accelerators.
Turing is proud to help America lead the race to ASI by partnering with all the top frontier
Al labs. šŗšø
Watching ā the quiet transformation of the data pipeline
Something underdiscussed is the fundamental shift in how AI is labelled & trained for the next era of intelligence..
As we move toward Superintelligence or 'ASI', AI models donāt just need more data.. they need high-quality, expert-generated data, not bulk-labeled outputs from gig workers.
If V1 AI had its greatest impact on lower-skill knowledge work (transcriptions, note-taking, basic marketing), next-gen AI, 'Superintelligence,' will be defined by its ability to operate in fields requiring extreme abstraction, multi-disciplinary synthesis, & high-stakes reasoning.
Think: theoretical physics, advanced mathematics, AI safety, neuroscience, cryptography, aerospace, climate science, synthetic biology, & geopolitical strategy
Industries that have real impact on frontier technology.. leading to true 'Superintelligence'
Superintelligence, n.
āAn intellect that is much smarter than the best human brains in practically every field, including scientific creativity, general wisdom, and social skills.ā
- Nick Bostrom
. . .
"The thing that I think will be the most impactful on that 5 to 10 year time frame is AI will actually discover new science. And this is a crazy claim to make but I think it is true. And if it is correct then over time I think that will dwarf everything else." @sama on Jack Altman's Uncapped
FWIW I don't think it's crazy to think ASI will make new discoveries, but I do think one major test of ASI will be its ability to invent new science & technologies. And that'll need industry experts.
. . .
The Financial Times just spotlighted this shift, covering top players like Scale AI, Turing, & Toloka moving away from gig-based labeling & toward highly specialized, expert-driven data pipelines
āDeep-pocketed AI companies are now willing to pay for more sophisticated datasets & experts from around the world.ā
āAs leading AI groups such as OpenAI, Anthropic, & Google attempt to develop models that they claim will exceed human intelligence, there is a new push to focus on the quality of these datasets & hiring experts to examine complex problems.ā
This is where Turing seems to be leading the pack. As @turingcom CEO @jonsid puts it, the goal isnāt just to replicate human expertise, itās to transcend it, leading to 10x productivity:
āThe result of this is the modelās not just going to be better than a physicist. Itās going to be better than a superposition of somebody whoās at the top in physics, computer science, & data science,ā said Turingās Siddharth.
Greg Tseng retweeted
Just got back from @RaiseSummit in Parisāwhere AI's top names like Groq, Cerebras, Eric Schmidt, Lovable, & Windsurf all took the stage
Yet one unexpected player stood out as the next breakout AGI leader..
Stats:
- $300M+ in Rev (profitable!)
- $225M in funding, $2.2B valuation
- Network of 4M+ engineers
- Customers: OpenAI, NVDA, Anthropic, Google, MSFT, Meta, Salesforce, Amazon
Any guesses?
Greg Tseng retweeted
Excited to share that @turingcom has secured $111M in funding in a heavily oversubscribed round at a $2.2B valuation. Weāre one of the fastest-growing AGI infrastructure companies in the worldāand weāre profitable.
Thanks to @ingridlunden from @TechCrunch for covering our story.
techcrunch.com/2025/03/06/tuā¦
Thread below š§µ
Greg Tseng retweeted
Turing in the wild at SFO! :)
It's been exciting to partner with the world's leading AI labs to teach LLMs to think, reason and code.
As the cost of intelligence-as-a-service comes down through progress in models, compute and data, we'll see unbelievable progress across all domains constrained by human intelligence.
@turingcom
Greg Tseng retweeted
Today, we are officially sharing CrystalDB's approach to future-proofing PostgreSQL so that it maintains its leadership in the age of AI.
We're giving developers and DBAs time back by using the same engineering principles behind self-driving cars.
crystaldb.cloud/blog/post/keā¦
Greg Tseng retweeted
šØ We're doubling-down!
Thrilled to announce we're merging with @Forkast_News to power the trusted benchmarks and independent, data-driven storytelling needed by the global digital economy.
theblock.co/post/202707/forkā¦
š§µš
Greg Tseng retweeted
Meet VALT, the first fully-managed investment product for individuals who want to expand their portfolios into alternatives.
With 1 investment, you'll get exposure to a curated basket of blue-chip #Art, #Crypto, #Collectibles, #RealEstate, #VC & #Debt
bit.ly/3NAODvd
Greg Tseng retweeted
We're so thrilled to announce that we have raised a $15,000,000 Series A led by @animocabrands & @Sky9Capital.
Itās time to build meaningful connections for everyone on Web3. š„
Greg Tseng retweeted
We ā¤ļø you @elonmusk, and would like to invest with you in Twitter. Many of us are Tesla shareholders or customers too.
10,000 Elon fans on @Stonks_dot_com would love an allocation. We're here at the Fremont and Austin gigafactories today hoping you'll let your fans in.
Greg Tseng retweeted
Weāre thrilled to launch our first $30MM venture capital fund, Gold House Ventures, to deliver market-first social impact in corner offices by investing in the next gen of leading Asian & Pacific Islander founders.
Learn more: goldhouse.org/ventures
š§µ
Greg Tseng retweeted
Co-invest in unannounced deals with @Accel @foundersfund @MayfieldFund @generalcatalyst ? š
Read on š
Greg Tseng retweeted
Special #Devlogs today to show how everything is coming together. Thank you to everyone who supported our IHO on #BinanceNFT. For those who missed it, you can still market-buy here bit.ly/3rH1cfT can't wait to see everyone move into their #Metaverse Homes @ End of March
Excited to invest in MASTERS, the first app that lets you train with the worldās greatest athletes such as Shaun White, Kai Lenny, Bam Adebayo, Aāja Wilson. Blown away by the production quality and team! techcrunch.com/2022/01/12/maā¦
Greg Tseng retweeted
Turing reaches unicorn status following $87M in Series D financing š¦
Thank you to the software developers & businesses who have joined #Turing š¤
Together we will create a #boundaryless remote-first world š
Read @ingridlunden's feature in @TechCrunch techcrunch.com/2021/12/20/tuā¦
In 205 minutesā¦!
We know you've all been waiting for this momentš£
Highstreet (HIGH) will be listed on @binance and will open trading for HIGH/BTC, HIGH/BUSD, and HIGH/USDT trading pairs starting at 2021-12-17 07:00 (UTC) @cz_binanceš„°
binance.com/en/support/annouā¦
#Highstreet #Metaverse #MMORPG #VR
Thanks @andrewchen for the trip down memory lane to the launch of LinkedIn and the early days of social networking including Tagged and hi5! Iām 161 pages into The Cold Start Problem & recommend it to all builders of networked products. Find out more here: coldstart.com
Thanks @andrewchen for sending me a copy of The Cold Start Problem. Iām 119 pages into it and learning useful concepts like the atomic network. Recommend this to people building networked products! smile.amazon.com/dp/00629697ā¦



























