After two years of relatively muted investment activity, it seems that VCs are starting to pour capital into startups at pandemic-era levels once again. But a closer look shows that they aren’t really. In the fourth quarter of last year, investors funneled $74.6 billion into US startups, a substantial increase from the average of $42 […]
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The U.S. ban on TikTok is poised to be delayed as the deadline falls on a holiday weekend and President-elect Donald Trump’s incoming administration intends to find a way to extend the deadline, Bloomberg reports. Biden officials sees the issue as one for Trump’s incoming administration, as the current administration doesn’t plan to intervene before the […]
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Volvo spinoff Polestar had a rough 2024, and 2025 looks like it could be just as difficult. The EV maker announced Thursday that it expects to generate less revenue in fiscal year 2024 than it did in 2023, after previously estimating sales would stay the same. That’s thanks to “fewer than expected Polestar 3 and […]
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The process of getting screened for cervical cancer is quite intimidating. It’s the once-a-year, sometimes life-changing treatment, that involves the bright lights of a doctor’s office and an uncomfortable insertion that always seems to last too long. It’s no wonder why Kara Egan and Dr. Avnesh Thakor saw the potential to make this process more […]
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Amazon has agreed to acquire Indian buy now pay later startup Axio, deepening its push into financial services in one of its fastest-growing markets as it seeks to expand credit access to millions of underserved customers. The US technology group, which has held an equity stake in Axio for six years, signed the acquisition agreement […]
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Meta CEO Mark Zuckerberg appears to have used YouTube and its battle to take down pirated content to defend his own company’s use of a data set containing copyrighted e-books to train AI models, newly released snippets of his deposition reveals. The deposition, which was part of a complaint submitted to the court by plaintiffs’ […]
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Chinese firms continue to release AI models that rival the capabilities of systems developed by OpenAI and other U.S.-based AI companies. This week, MiniMax, an Alibaba- and Tencent-backed startup that has raised around $850 million in venture capital and is valued at more than $2.5 billion, debuted three new models: MiniMax-Text-01, MiniMax-VL-01, and T2A-01-HD. MiniMax-Text-01 […]
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When Hindenburg Research posts a blog on its website, it often means a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday he has shut down short-selling firm Hindenburg Research, after a seven-year run issuing damning reports about high-profile companies, including many of the technology world’s giants and buzzy […]
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Y Combinator alum Stoke has an ambitious goal to build the first fully reusable rocket and VCs have opened their wallets wide.
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Several governments participated in a meeting on the proliferation of commercial spyware at the United Nations Security Council.
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Younger Gen Zers are embracing OpenAI’s AI-powered chatbot, ChatGPT, for schoolwork, according to a new survey by the Pew Research Center. But it’s not clear that they’re fully aware of the tech’s pitfalls. In a follow-up to its 2023 poll on ChatGPT usage among young people, Pew asked ~1,400 U.S.-based teens ages 13 to 17 […]
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TikTok has warned of a looming shutdown in just six days, as the Supreme Court is currently weighing the law that would ban the app. So we thought it’s time to take a look at other platforms that may be able to fill the TikTok-shaped hole in our lives. The law gives TikTok parent company […]
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More good news for those looking to exit Meta’s social app ecosystem in favor of a more open alternative: An independent developer is building a photo-sharing app for Bluesky called Flashes. The soon-to-launch app is powered by the same technology that underpins Bluesky, the AT Protocol, and has been built using code from the developer’s […]
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In a bid to make its Gemini chatbot app more of one-stop shop, Google says it’s working with The Associated Press to build “a feed of real-time information” in Gemini. Jaffer Zaidi, Google’s VP of global news partnerships, said that the goal is to “further enhance the usefulness of results” in the Gemini experience. “As […]
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Google announced on Wednesday that all AI features in Gmail, Docs, Sheets, and Meet are now available to Workspace customers at no extra charge, though the plan will see a $2 per month increase per user. This change simplifies access to Workplace AI tools, including email summaries, automated note-taking, chatting with the Gemini bot, and […]
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