In 2021, robotics startups were flying high. Unlike other categories that had buckled under the strains of a global pandemic, interest in automation was at an all-time high, as companies attempted to navigate supply chain issues and ongoing labor shortages. Robotics and automation were insulated from broader investment slowdowns, but eventually, they, too, were impacted. […]
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Lyft’s strategy of slashing ride-hail fares to compete with Uber has resulted in slow and steady gains for the company, but competition remains fierce. According to Lyft’s third-quarter earnings, reported Wednesday, Lyft’s active ridership numbers have increased sequentially quarter-over-quarter this year. In the three months ending September 30, Lyft recorded 22.4 million active riders, up […]
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We’re well past the revelation that automakers are software companies. But as the industry deepens its software roots, firms are still figuring out which upgrades they’ll charge for — and what folks are willing to pay. Subscription fatigue is real; the last thing anybody needs is another recurring charge. It’s even more frustrating when fees […]
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It’s that time of year again when we feel pressured to come up with new and exciting ways to surprise our friends and family with gifts they’ll appreciate. If you’re reading this and are already starting to panic — don’t worry. We’ve compiled a list of ideas that should help alleviate the stress. Subscription boxes […]
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GM self-driving car subsidiary Cruise issued a recall for 950 vehicles equipped with its autonomous vehicle software following a crash that left a pedestrian, who had initially been hit by a human-driven car, stuck under and then dragged by one of the company’s robotaxis. The company said in a blog post and it the recall […]
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Tracy Young Contributor Share on X Tracy Young is the co-founder and CEO of TigerEye, the go-to-market platform that helps companies make strategic decisions and is currently offering early access. More posts by this contributor 5 failure points between $5M and $100M in ARR In December 2018, Autodesk acquired PlanGrid for $875 million. I worked […]
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Meta is facing growing calls to set up a restitution fund for victims of the Tigray war, which Facebook is alleged to have fueled leading to over 600,000 deaths and the displacement of millions others across Ethiopia. Rights group Amnesty International, in a new report, has urged Meta to set up a fund, that will […]
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Facebook parent Meta is teaming up with Hugging Face and European cloud infrastructure company Scaleway to launch a new AI-focused startup program at the Station F startup megacampus in Paris. The underlying goal of the program is to promote a more “open and collaborative” approach to AI development across the French technology world. The timing […]
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In 2024, Meta will begin requiring advertisers running political or issue ads on its platforms to disclose when their ads are “digitally created or altered” through the use of AI. Facebook and Instagram ads about elections, politics and social issues will soon require the extra step, which advertisers will handle when they submit new ads. […]
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Just a few days after OpenAI’s developer event, Samsung unveiled its own generative AI model, Samsung Gauss, at the Samsung AI Forum 2023. Samsung Gauss, developed by the tech giant’s research unit Samsung Research, consists of three tools: Samsung Gauss Language, Samsung Gauss Code and Samsung Gauss Image. Samsung Gauss Language is a large language model that […]
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Getir, the Turkish instant grocery delivery startup, has made an acquisition to expand its presence in the U.S. and to further its strategy as a consolidator in its category. The company has scooped up FreshDirect, an online grocery delivery service based out of New York. Terms of the deal are not being disclosed, but for […]
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The U.S. index fund pioneer Vanguard has cut the worth of its holding in the Indian ride-hailing startup Ola by nearly two thirds since original investment, and Neuberger Berman has slashed the worth of its Pharmeasy shares by more than 90%, according to an analysis of the funds’ filings. Vanguard cut the worth of its […]
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Zelda fans already got a stellar new game with “Tears of the Kingdom” this year, but Nintendo just dropped another exciting nugget of news: the gaming giant is working on a live-action movie based on the Legend of Zelda franchise. Shigeru Miyamoto, creator of the thirty-seven-year-old franchise, announced the news this evening. “I have been […]
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Lucid has revised its 2023 production outlook amid softening demand for luxury electric vehicles, the company said Tuesday in its third-quarter earnings report. The EV maker said it will produce 8,000 to 8,500 vehicles by the end of the year, down from previous guidance of more than 10,000, to “prudently align with deliveries.” In the […]
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Google is coming for Honey and other deal-finding tools by introducing new features on Search and Chrome to help users find discounts. The tech giant announced on Tuesday that it’s adding a designated page for deals on Search, while Chrome is getting features that proactively look for discount codes and provide users with price insights. […]
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