AI Gets Night Vision & Investors Lose $600M

Big bets, bigger flops, and AI creeping into every part of life. Let’s break it down.

Author

The FOMO Report
March 03, 2025

First up, AI-powered night vision is here. Should we be excited or terrified?

Deepnight: AI Night Vision for Everyone 🦇 ($5.5M Raised)

YC-backed Deepnight just secured $5.5M to put AI-powered night vision in military gear, self-driving cars, and probably your neighbor’s security cam.

💡 Why It Matters:

  • Your Ring doorbell might start seeing too much.

  • The military? Obvious. Civilian use? This is how horror movies start.

  • Self-driving Ubers are 100% getting this tech soon.

  • At this rate, your toaster will have night vision by 2026.

🎓 What You Can Learn From This:

  • If AI can make an old product better, it’ll get funded. Investors love upgrades over ground-up reinventions.

  • Tech evolves fast. What seems high-tech today (night vision AI) will be in your fridge tomorrow.

🔮 Prediction: Casinos will love this. Card counters will start dressing in thermal blankets just to survive.

Yope: A Private Social Media for Friends 📸 ($5M Raised)

Tired of chaotic group chats filled with endless memes and out-of-context pics? Yope is trying to fix that by bringing back private social media. Investors just handed them $5M to make it happen.

💡 Why It Matters:

  • Social media might be doing a full-circle reset. Back to small, tight-knit groups.

  • Gen Z will either love it or abandon it faster than a failed crypto project.

  • Meta is 100% either cloning it or killing it as we speak.

🎓 What You Can Learn From This:

  • You don’t have to reinvent the wheel. Just tweak it. Most “new” ideas are just old ones with a fresh spin.

  • Virality ≠ Longevity. If you’re building a social app, retention is everything.

🔮 Prediction: Every tech bro will hype this as “the next BeReal” before deleting it a week later.

Snowflake’s $200M AI Takeover ❄️ ($200M Raised)

Snowflake is dropping $200M on AI startups. Locking in control over the next wave of innovation.

💡 Why It Matters:

  • AI startups live and die by access to data. Snowflake owns the gates.

  • This is less an “accelerator” and more a long-term data hostage situation.

  • Expect founders to be trapped in Snowflake’s ecosystem forever.

🎓 What You Can Learn From This:

  • VC money always comes with strings attached. Read the fine print or prepare to be owned.

  • If a tech giant funds your startup, it’s because they want to control your future.

🔮 Prediction: In 3 years, every AI CEO will be tweeting: "Should I have actually read the fine print before signing away my soul?"

BONUS STORY: The $600M Bug Buffet That Went Bust

Ynsect: The $600M Bet That Bugs Would Be the New Steak 💀

Remember when VCs swore we’d all be eating crickets and mealworms? French startup Ynsect raised $600M to make bug-based protein mainstream.

Now? They’re bankrupt.

💡 Why It Matters:

  • Investors burned half a billion dollars trying to make bug burgers happen.

  • Consumers’ response? A hard, resounding NO.

  • This might be the most dystopian startup fail ever.

🎓 What You Can Learn From This:

  • Just because something is “the future” doesn’t mean people want it.

  • VC hype doesn’t equal real-world demand. If no one wants the product, no amount of funding will save it.

🔮 Prediction: In 2025, someone will slap an AI sticker on this idea and raise another $100M.

🔥 MEME BREAK 🔥

Startup Idea of the Week: The Reverse Job Board

Because the hiring process sucks. Let’s flip it.

💡 How It Works:

  • Job seekers post their skills & goals.

  • Employers apply to THEM. No spam, just legit offers.

  • AI ranks companies by salary, perks, and culture fit.

  • Auto-rejects companies with 10-step interview processes.

🔮 Challenges:

  • Recruiters will absolutely hate this. (Good sign.)

  • Might get flooded with unqualified applicants.

  • If it works, LinkedIn clones it in six months.

🔮 Verdict: Someone is 100% launching this soon.

👉 Don’t forget… The FOMO Report Referral Program is LIVE

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💭 Final Thoughts

If you made it to the end, we appreciate you.
Not everyone gets this far, but you did. So here’s your exclusive, highly-coveted, almost-impossible-to-earn badge: 🏹 (only the real ones have it).

See you next week. Same day, same time.

- The FOMO Report Team

Disclaimer: This newsletter runs on caffeine, late-night rabbit holes, and way too many Red Bulls.