Saturday, November 23, 2024

How a digital “you” can sit through your agonizing web conference calls

Now you can appear to be on a Zoom call in your office, even when you’re sipping a margarita in a hammock far, far away. Courtesy of a months-old startup called Pickle, its pitch is simple: just submit a five-minute-long training video of yourself to create an avatar, and within 24 hours, you’re ready to […]

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‘Wolfs’ sequel canceled because director ‘no longer trusted’ Apple

It may be hard to remember, but George Clooney and Brad Pitt co-starred in a movie, “Wolfs,” that Apple released just two months ago. On Friday, the film’s writer and director Jon Watts said Friday that a sequel is no longer happening; in a follow-up interview with Deadline, he explained that he “no longer trusted […]

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DOJ tells Google to sell Chrome

Welcome back to Week in Review. This week, we’re exploring the DOJ telling Google to sell off Chrome to break up its monopoly, OpenAI accidentally deleting potential evidence in The New York Times’ copyright lawsuit against it, and how AI companies are using TikTok brainrot for study tools. Let’s do this. The U.S. Department of […]

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Tesla says it has reached a ‘conditional’ settlement in Rivian trade secrets lawsuit

Tesla and Rivian may have resolved a lawsuit in which Tesla accused Rivian of poaching employees and stealing trade secrets. Bloomberg reports that Tesla told a California statement judge that the companies have reached a “conditional” settlement, and that it expects to seek dismissal of the lawsuit by December 24. Tesla filed the suit, which […]

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Trump’s tariff threats don’t scare this Mexican fintech

Mexico’s economic development — turbocharged by the amount of nearshoring in recent years — has made it fertile ground for startups. But the trend is under threat if President-elect Donald Trump follows through with his idea of taking a harder line on trade with Mexico.  Jaime Tabachnik, co-founder and CEO of Mexican trucking finance startup […]

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Meet three incoming EU lawmakers in charge of key tech policy areas

The European Union looks to have clinched political agreement on the team of 26 commissioners who will be implementing President Ursula von der Leyen’s policy plan for the next five years. A final vote is still pending next week, but on Thursday, Politico’s Brussels Playbook newsletter reported a deal in the European Parliament on the […]

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Friday, November 22, 2024

OpenAI accidentally deleted potential evidence in NY Times copyright lawsuit (updated)

Lawyers for The New York Times and Daily News, which are suing OpenAI for allegedly scraping their works to train its AI models without permission, say OpenAI engineers accidentally deleted data potentially relevant to the case. Earlier this fall, OpenAI agreed to provide two virtual machines so that counsel for The Times and Daily News […]

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Sequoia marks up its 2020 fund by 25%

Sequoia says no exits, no problem. The Silicon Valley titan of venture marked up the value of its 2020 Sequoia Capital U.S. Venture XVII fund by 24.6% in June, at the end of a 12-month period, according to PitchBook, which ran analysis on data from the Regents of the University of California’s endowment. Sequoia’s markup […]

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Illumen Capital doubles down on supporting underrepresented funds

Illumen Capital is doubling down on its support for fund managers and founders from underrepresented communities.  The firm is an impact fund of funds that has previously supported ways to address racial bias in investing. Yesterday, the firm, founded by Daryn Dodson, announced the raise of a $32.75 million “Catalyst Fund “to once again support […]

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Gilroy, former Coatue fintech head, and angel investor Rajaram launch VC firm

Michael Gilroy, a former head of fintech investments at Coatue, and Gokul Rajaram, a longtime tech executive and prolific angel investor, are forming a yet-to-be-named venture firm and plan to begin fundraising toward a $400 million to $500 million debut fund early next year, Bloomberg reported. The firm will invest in US-based early-stage fintech and […]

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ChatGPT: Everything you need to know about the AI-powered chatbot

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to hyper-charge productivity through writing essays and code with short text prompts has evolved into a behemoth used by more than 92% of Fortune 500 companies. That growth has propelled OpenAI itself into […]

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OpenAI is funding research into ‘AI morality’

OpenAI is funding academic research into algorithms that can predict humans’ moral judgements. In a filing with the IRS, OpenAI Inc., OpenAI’s nonprofit org, disclosed that it awarded a grant to Duke University researchers for a project titled “Research AI Morality.” Contacted for comment, an OpenAI spokesperson pointed to a press release indicating the award […]

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Taking a cue from X, Threads tests AI-powered summaries of trending topics

As the Twitter-like social network Bluesky sees a significant surge in users this month, Meta’s own X competitor Threads has been rapidly building out its platform. On Friday, Instagram head Adam Mosseri announced that Threads will start testing AI-powered summaries of what people are discussing on the platform in the app’s “Trending now” section in […]

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