#XrisLogbook 110 - Philanthropy, Power, Pledges 🇬🇧

👍🏻 Amazing lunch with Alexandre Mars in London, organised by Frenchfounders. Epic Foundation , #INFINITY , blisce/ – wow. These global initiatives are mind-blowing. Alexandre and Myriam , ideas are brewing! 🇫🇷 

👎🏻 Is it war? A world war? ... in the glittering halls of the #AIsummit in Paris. Not with bombs and bullets, but with algorithms and data. Global powers like the US and China clashed, each vying for control of the AI arena. Even the host, France, was making a play, investing a staggering €109 billion to try and secure a place at the table. The stakes were high: dominance over the future of AI, and with it, the economic and political might to shape the world. 💣

✍🏻 Donor-Advised Funds (DAFs) remain a powerful force in US philanthropy, even with 2023 contributions dipping to $59.43 billion after a record-breaking 2022. Despite this fluctuation, #DAFs hold a substantial $251.52 billion in assets and consistently distribute significant funds to charities, granting $54.77 billion in 2023. This highlights their enduring popularity as a tax-efficient giving tool, though a notable gap persists between the vast sums held in DAFs and the amount actually reaching charitable causes. 🎗️

🙏🏻 Special thanks this week to Lucie , Karl , Adrien

✨Star of the week Philippe for his appointment as COO of BNP Paribas. Well done & well deserved 👏👏👏

#CVC #venturecapital #entrepreneuship #startups