Tuesday, February 11, 2025

BuzzFeed is taking on Instagram, TikTok, X with a new social platform designed to spread ‘joy’ 

BuzzFeed, the media site known for its celebrity news and quizzes, announced on Tuesday that it’s developing its own social media platform, in a move to counter the current negativity on the internet. Semafor first reported BuzzFeed’s plan for the platform this past week. Details on the new platform are not yet public. However, the […]

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BYD to offer Tesla-like driver assist, even on its cheapest models 

Chinese electric vehicle maker BYD unveiled “God’s Eye,” an advanced driver assistance system that will be install on its entire model lineup, including its $9,600 Seagull hatchback.  BYD founder Wang Chuanfu said at a live streamed event Monday that “we’re entering an era where autonomous driving is for everyone,” according to The Financial Times.  God’s […]

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Pinkfish helps enterprises build AI agents through natural language processing

As the chief product officer for AI customer service startup TalkDesk, Charayna “CK” Kannan said that enterprises often say they want to automate different workflows but that it’s really hard to implement AI. Enterprises are dealing with clunky, legacy software, that often doesn’t have APIs, creating a daunting task their IT departments weren’t prioritizing. “Every […]

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Monday, February 10, 2025

Google changed the Gulf of Mexico to the Gulf of America on Maps

Google Maps officially updated the name of the Gulf of Mexico to the Gulf of America on Monday. Among many other executive orders, President Donald Trump decreed on the day of his inauguration that the Gulf of Mexico would be renamed the Gulf of America. This executive order also reverses an Obama-era move to rename […]

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Zeta valued at $2B in new funding

Zeta, a provider of banking software to banks and fintech startups, has raised $50 million from a strategic investor at a $2 billion valuation. The new investment from American healthcare company Optum marks a 70% increase in the Bengaluru-based startup’s valuation from the $1.15 billion price tag (pre-money) it earned in 2021, when it raised […]

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Plaid working with Goldman Sachs on raising $300M to $400M in tender offer

Plaid, a company that connects bank accounts to financial applications, is working with Goldman Sachs on a deal to allow early-stage investors and employees to sell existing shares, which will raise between $300 million and $400 million, Bloomberg reported citing sources. The tender offer, as such deals are called, will likely value the company lower […]

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These are the investors funding Musk’s $97 billion OpenAI take over attempt

As if Elon Musk doesn’t have enough going on, a consortium of investors led by him announced plans Monday for what appears to be a hostile takeover of OpenAI. The investor group offered nearly $97.4 billion to buy all of OpenAI’s assets and is “prepared to consider matching or exceeding higher bids,” it said in […]

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Is AI making us dumb?

Researchers from Microsoft and Carnegie Mellon University recently published a study looking at how using generative AI at work affects critical thinking skills. “Used improperly, technologies can and do result in the deterioration of cognitive faculties that ought to be preserved,” the paper states. When people rely on generative AI at work, their effort shifts […]

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Mistral gets down to business

Hundreds of heads of states, tech CEOs and nonprofits have flocked to Paris for the Artificial Intelligence Action Summit. So far, the winner of this week’s diplomatic and business parade seems to be Mistral. In business lingo, we would say that the French AI unicorn is experiencing tailwinds. Mistral has been one of the leading […]

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Revel nabs $60M in New York State funding to build more EV chargers

As President Donald Trump attempts to freeze funding for a $5 billion federal EV charging infrastructure program, some states are stepping up. EV charging infrastructure startup Revel secured Monday a $60 million loan from New York’s clean energy investment fund NY Green Bank to more than triple its current public fast charging network in NYC.  […]

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TikTok influencers are wearing Apple Watches on their ankles

A report from The New York Times over the weekend highlights the small – but apparently growing – trend of users wearing their Apple Watches on their ankles. What’s becoming something of a viral sensation on social platforms like TikTok is the result of a pragmatic decision. Some Apple Watch owners’ wrists are simply too […]

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Sunday, February 9, 2025

Saudi’s BRKZ closes $17M Series A for its construction tech platform

Construction procurement is highly fragmented, manual, and opaque, forcing contractors to juggle multiple suppliers, endure lengthy negotiations, and deal with delayed payments. In Saudi Arabia, where trillion-dollar infrastructure and real estate projects are underway, these inefficiencies are even more pronounced. To address this, BRKZ, a Riyadh-based construction tech startup, offers a tech-enabled managed marketplace that […]

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