We’re excited to announce that @join_ef has raised $200m of fresh capital, including $130m into our management company at a unicorn valuation, to be the natural home of the world’s most ambitious people in the Age of Entrepreneurship 🧵
The UK is a great country with an extraordinary history. Our stagnation is real, but it's fixable and worth fixing.
Enjoyed giving this talk at @lfg_uk last week and so encouraged by the optimistic responses I've had from people who are building a brilliant future for Britain 🚀
It’s easy to underestimate the economic catastrophe of the last 16 years because it’s been gradual. But imagine we’d actually grown at 2% a year since 2008 and then lost it all at once this year: it would be a collapse of >30%
Hard to overstate how radical we need to be now
This morning I had my first visceral “🤯” moment with AI for ~2 years
🧵on o1 and cryptic crosswords:
My test for new models is a set of cryptic crossword clues that aren’t online (my granny wrote them). Every model so far has been completely useless at them… but o1 gets them
1/ Today the Prime Minister published my AI Opportunities Action Plan for the UK and committed to implement all its recommendations. A quick thread on why this is important, what we need to do now - and how you can help
Apprentice vs @join_ef:
Jobs created since 2011
Apprentice: 400+
EF: 1500+
Apprentice: 8 winners “making money”
EF: 100+ equity millionaires created
Deal
Apprentice: £250K for 50% (🤯)
EF: £92K for 10%
Notable alum:
Apprentice: Katie Hopkins
EF: People literally curing cancer
What a load of boll..ks by the non achiever @matthewcliffordcityam.com/apprentice-is-… Perhaps he should recognise how the winners are making a load of money and now employing a total of over 400 people . All this came from the show
OH from an investor who shall remain nameless: "Going to private school gives you the same misplaced confidence that being an American does, which I think is very important for building a company"
Absolutely delighted to welcome @benedictevans to @join_ef as a Venture Partner - excited about the impact Benedict will have in helping us find and support the world's best talent
My entire feed today is basically: “DeepSeek R1 is a huge moment that validates everything I previously thought about AI and all my existing policy and technical positions” 🙃
Today was my last day at No 10 as the Prime Minister’s Adviser on AI. It’s been a privilege to serve over the last year and - I hope - to make a small contribution to putting the UK on the path to being an AI winner
Such an enormous honour to receive a CBE at Windsor Castle today for services to artificial intelligence. Really a recognition of enormous hard work from many friends and colleagues at @SciTechgovuk - and lots more still to do!
Yes 🎯It will be almost impossible to protect the NHS and give better care unless we end our weird “data protection” fetishism. Literally killing and maiming people to satisfy a legalistic impulse. Tragic.
I hate doing personal posts but: When my mum was dying last year, NHS data sharing failures and prioritising GDPR over pain relief repeatedly left her in agony. In desperation I began to build a Google Doc of her records linked to a QR code for doctors to scan. System's broken.