LinkedIn News

Health Insurance

Media & Entertainment

Customer Success

Biotech & Health

Education Technology

Human Resources

Telecommunications

Music Streaming

Entrepreneurship

Cloud Computing

Web Development

Renewable Energy

Renewable Power

Consumer Technology

Agriculture Tech

Machine Learning

Software Development

Environmental Health

Mergers and Acquisitions

Business Development

Government & Policy

Electric Vehicles

Fixify Secures $25M to Revolutionize IT Help Desks with AI and Automation

Fixify Secures $25M to Revolutionize IT Help Desks with AI and Automation

Fixify, an IT help desk platform, has secured $25 million in Series A funding co-led by Costanoa Ventures and Decibel Partners. Founded by ex-Expel colleagues Matt Peters, Peter Silberman, and Mase Issa, Fixify aims to automate IT ticket management while employing human analysts for complex issues. The platform connects to existing ticketing systems like Jira, utilizing AI to categorize tickets and diagnose root causes. With a focus on tech-centric organizations, Fixify has raised $32 million to date and plans to expand its workforce and customer base in the coming months.

Created at: October 23, 2024 1:00pm

Sensei Secures €15M to Expand Contactless Stores Across Europe

Sensei Secures €15M to Expand Contactless Stores Across Europe

Portuguese startup Sensei has successfully raised €15 million in a Series A funding round led by BlueCrow Capital, with participation from other investors. The funding aims to boost its contactless store platform, which utilizes AI and computer vision for autonomous retail experiences. Sensei plans to establish 1,000 contactless points of sale by 2026, expanding its operations beyond Portugal to Spain, France, Italy, and Brazil. The CEO highlighted the growing demand for automated retail solutions as competitors like Amazon Go and Walmart also enter the market, intensifying competition.

Created at: October 23, 2024 6:00am

U.S. Government Boosts eVTOL Startups with New Aviation Rules

U.S. Government Boosts eVTOL Startups with New Aviation Rules

The Federal Aviation Administration has approved regulations allowing electric vertical takeoff and landing (eVTOL) aircraft to operate alongside traditional planes and helicopters. This landmark decision supports companies like Joby Aviation and Archer Aviation, which aim to launch air taxi services by 2025. The ruling also introduces new pilot training guidelines and certification processes tailored for powered-lift vehicles. Joby is nearing its Type Certification, bolstered by a recent $500 million investment from Toyota. This regulatory framework is expected to drive the growth of Advanced Air Mobility in the U.S.

Created at: October 22, 2024 8:00pm

OpenAI Welcomes First Chief Economist to Drive AI's Economic Impact

OpenAI Welcomes First Chief Economist to Drive AI's Economic Impact

OpenAI has appointed Aaron Chatterji as its first chief economist, previously serving in the Biden administration and as a professor at Duke University. Chatterji will focus on researching AI's effects on economic growth and employment opportunities. He was instrumental in the implementation of the 2022 CHIPS Act, which allocated $280 billion for U.S. chip development. Alongside Chatterji, Scott Schools has been hired as chief compliance officer to oversee legal and ethical standards at OpenAI. These strategic hires signal OpenAI's commitment to addressing the economic implications of artificial intelligence.

Created at: October 22, 2024 6:00pm

Anthropic's Claude 3.5: Revolutionizing Office Automation with 'Computer Use'

Anthropic's Claude 3.5: Revolutionizing Office Automation with 'Computer Use'

Anthropic has launched its latest AI model, Claude 3.5, featuring a groundbreaking 'Computer Use' capability that allows it to interact with screens and applications like a human. This innovation promises unprecedented automation across complex workflows in various industries. Early adopters like GitLab, Canva, and Replit are already seeing productivity boosts. Claude's ability to fill out forms and manage tasks across multiple systems could transform sectors such as finance and legal services. Robust security measures ensure safe operation, while the technology is currently in limited public beta, with wider implications for the future of digital workflows.

Created at: October 22, 2024 4:30pm

11,500 Creatives Unite Against AI Data Scraping

11,500 Creatives Unite Against AI Data Scraping

A petition signed by 11,500 creatives, including notable figures like Kevin Bacon and Kazuo Ishiguro, opposes the unlicensed use of their works for AI training. The signatories warn that this practice threatens their livelihoods. The petition was initiated by composer Ed Newton-Rex, who claims AI companies are 'dehumanizing' creative works. This movement emerges as U.K. lawmakers consider an 'opt-out' model for AI content scraping. The message is clear: protecting creative rights must be prioritized in the face of advancing AI technology.

Created at: October 22, 2024 4:00pm

Anthropic Unveils Claude 3.5 Sonnet: AI That Controls Your PC

Anthropic Unveils Claude 3.5 Sonnet: AI That Controls Your PC

Anthropic has launched the Claude 3.5 Sonnet model, capable of controlling desktop applications through a new 'Computer Use' API now in open beta. The model can automate tasks by simulating keystrokes and mouse movements, offering potential for developers to enhance productivity. While the AI shows promise, it struggles with basic actions and has a mixed success rate in completing tasks. Despite concerns about misuse, Anthropic aims to learn from real-world applications to improve safety. The company also announced an upcoming version of its efficient Claude 3.5 Haiku model, expected to enhance user interactions.

Created at: October 22, 2024 3:30pm

U.S. AI Safety Institute Faces Uncertain Future Amid Congress Debate

U.S. AI Safety Institute Faces Uncertain Future Amid Congress Debate

The U.S. AI Safety Institute (AISI) may be dismantled if Congress fails to authorize its existence. Established in November 2023 under President Biden's AI Executive Order, the AISI is crucial for assessing AI safety. A coalition of over 60 organizations, including OpenAI and Anthropic, urges Congress to pass legislation for its continuation. Current funding is around $10 million, but authorization could secure long-term financial support. Concerns arise that disbanding the AISI could hinder U.S. leadership in AI, especially as international collaborations emerge.

Created at: October 22, 2024 3:30pm

Stability AI Unveils Enhanced Stable Diffusion 3.5 Models for Diverse Image Generation

Stability AI Unveils Enhanced Stable Diffusion 3.5 Models for Diverse Image Generation

Stability AI has launched its latest image generation models, the Stable Diffusion 3.5 series, offering improved customization and performance. The new lineup includes three models: Large, Large Turbo, and Medium, with capabilities ranging from 1 megapixel to optimized performance on edge devices. The models are designed to produce more diverse outputs with better adherence to prompts, addressing previous criticisms. While the Large and Turbo models are available now, the Medium model will be released on October 29. Stability also maintains its licensing terms, allowing free non-commercial use under specific conditions.

Created at: October 22, 2024 3:00pm

Ex-SpaceX Engineers Secure $14M for Revolutionary Metal 3D Printing

Ex-SpaceX Engineers Secure $14M for Revolutionary Metal 3D Printing

Freeform, a startup founded by former SpaceX engineers, has raised $14 million from Nvidia and Boeing to advance their innovative metal 3D printing technology. The co-founders aim to simplify the complex and costly traditional methods of metal additive manufacturing by providing a printing service rather than selling machines. Their closed-loop process utilizes AI and real-time monitoring to ensure quality and speed, addressing industry shortcomings. Freeform targets sectors like aerospace and automotive, planning to enhance their capabilities and hire more staff with the new funding.

Created at: October 22, 2024 3:00pm

Interface.ai Secures $30M Funding to Revolutionize Banking Customer Service

Interface.ai Secures $30M Funding to Revolutionize Banking Customer Service

Interface.ai, a customer automation platform for financial institutions, has successfully raised $30 million in funding led by Avataar Venture Partners. This round marks the startup's first external capital, having previously operated on a bootstrapped model. The company serves over 100 banks across North America, generating significant annual recurring revenue. CEO Srinivas Njay highlighted the importance of democratizing AI access for smaller banks. The new funds will help expand their team and accelerate market initiatives, as AI adoption in banking grows despite customer hesitance towards AI recommendations.

Created at: October 22, 2024 2:30pm

ASUS ROG Phone 9: The 'Fastest' Smartphone Unveiled with Snapdragon 8 Elite

ASUS ROG Phone 9: The 'Fastest' Smartphone Unveiled with Snapdragon 8 Elite

ASUS has announced the upcoming launch of the ROG Phone 9, touted as the 'fastest smartphone' in the industry, set to debut on November 19. The device will feature Qualcomm's Snapdragon 8 Elite chipset, known for its AI capabilities, enhancing mobile gaming experiences. The company promises lag-free gaming and unmatched performance, aiming to redefine mobile gaming boundaries. The ROG Phone 9 will also include the second-gen Qualcomm Oryon CPU and Adreno GPU. This release follows the successful ROG Phone 7 and 8, reinforcing ASUS's commitment to gaming excellence.

Created at: October 22, 2024 1:30pm

Marc Andreessen Warns AI Developers of a 'Race to the Bottom'

Marc Andreessen Warns AI Developers of a 'Race to the Bottom'

At the Ray Summit conference, Marc Andreessen, general partner at Andreessen Horowitz, cautioned that AI model makers are engaged in a detrimental 'race to the bottom' concerning large language model (LLM) development. He highlighted the lack of product differentiation in the industry, likening it to 'selling rice.' Andreessen, whose firm invested in OpenAI's $300 million funding round, emphasized that the current landscape allows anyone to create an LLM, leading to commodification. His remarks resonate with both aspiring entrepreneurs and seasoned investors in the tech space.

Created at: October 22, 2024 1:30pm

Tesla and Elon Musk Hit with Copyright Infringement Suit Over AI-Generated 'Blade Runner 2049' Content

Tesla and Elon Musk Hit with Copyright Infringement Suit Over AI-Generated 'Blade Runner 2049' Content

Tesla and Elon Musk are facing a copyright infringement lawsuit filed by Alcon Entertainment following their recent We, Robot event. The lawsuit claims that Tesla illegally showcased AI-generated images inspired by the film 'Blade Runner 2049' without proper authorization. Alcon expressed concerns over associating its work with Musk due to his controversial public behavior. Despite initially requesting permission to use the film's material, Tesla proceeded with the presentation, which highlighted innovations like the Cybercab and Robovan. The case raises significant questions about intellectual property rights in the age of AI.

Created at: October 22, 2024 1:00pm

Meta Develops Facial Recognition Tool to Combat Celebrity Deepfakes

Meta Develops Facial Recognition Tool to Combat Celebrity Deepfakes

Meta is testing a new facial recognition tool designed to help users identify celebrity deepfakes and fraudulent online campaigns. This tool aims to enhance online safety by detecting scams that exploit celebrity likenesses. Additionally, it will assist users in recovering locked accounts on Meta's platforms by verifying their identities. The tool will cross-match legitimate celebrity photos with potential scams, automatically blocking confirmed fakes. This effort follows the shutdown of Meta's previous facial recognition technology, signaling a renewed focus on digital security amid rising AI-generated misinformation.

Created at: October 22, 2024 12:30pm

Socket Secures $40M to Enhance Software Supply Chain Security

Socket Secures $40M to Enhance Software Supply Chain Security

Socket, a startup focused on detecting vulnerabilities in open source code, has raised $40 million in its latest funding round. The company aims to address the growing risks associated with software supply chain security, with a staggering 88% of businesses acknowledging these risks as enterprise-wide threats. Founded by Feross Aboukhadijeh in 2020, Socket's tools integrate seamlessly into developer workflows, providing real-time alerts on security issues. With this funding, Socket plans to expand its team and enhance its services to protect over 300,000 code repositories, as demand for open-source security solutions continues to rise.

Created at: October 22, 2024 12:30pm

Turnover Labs Transforms Waste CO2 into Valuable Chemical Building Blocks

Turnover Labs Transforms Waste CO2 into Valuable Chemical Building Blocks

Turnover Labs, founded by Marissa Beatty, is revolutionizing how petrochemical plants handle waste CO2. Instead of costly carbon capture and storage, the startup proposes converting waste CO2 into useful chemical compounds on-site. Beatty's research into electrolyzers, aimed at enhancing their durability, underpins this innovative approach. The company recently secured $1.4 million in pre-seed funding to further develop its technology. This funding will facilitate partnerships to test their electrolyzer technology against real-world gas streams, ultimately aiming to strengthen the process of CO2 conversion.

Created at: October 22, 2024 12:30pm

Highlight AI Assistant Spins Off from Medal, Secures $10M in Funding

Highlight AI Assistant Spins Off from Medal, Secures $10M in Funding

Highlight, a cross-platform AI assistant that originated within Medal, has successfully spun off into a separate entity, securing $10 million in funding led by General Catalyst. The round also saw participation from Valor, SV Angel, and Conviction Embed, alongside a $3 million investment from Medal. The app enables users to integrate their screen, voice notes, or documents for enhanced interactions with large language models. Highlight aims to facilitate user-driven automation while planning a future pricing model based on word count processed. The new entity is focused on rapid growth and innovation in AI-driven productivity tools.

Created at: October 22, 2024 12:00pm

CrewAI Secures $18M to Automate Business Processes Using Third-Party AI Models

CrewAI Secures $18M to Automate Business Processes Using Third-Party AI Models

CrewAI, founded by former Clearbit AI lead João Moura, has raised $18 million to automate repetitive business tasks like onboarding and report summarization. The company utilizes existing AI models from vendors such as OpenAI to create flexible workflow automations, aiming to offer a more resilient alternative to traditional robotic process automation (RPA). In its first year, CrewAI has attracted 150 customers and is valued at approximately $100 million. The platform also introduces Enterprise Cloud for enhanced analytics and support, with plans for further workforce growth and product expansion.

Created at: October 22, 2024 11:30am

Zoom Collaborates with Suki for AI-Powered Medical Note-Taking

Zoom Collaborates with Suki for AI-Powered Medical Note-Taking

Zoom has announced a partnership with AI medical scribe provider Suki to enhance telehealth services on its platform. This collaboration enables doctors to utilize an AI assistant for taking notes during patient consultations. As the leading video-conferencing platform for telehealth visits in the U.S., Zoom aims to evolve its offerings beyond conferencing. Suki recently secured $70 million in Series D funding. While the market for AI medical scribes is competitive, experts believe differentiation among startups remains strong. Other players, including Amazon's One Medical, are also integrating AI tools into their services.

Created at: October 22, 2024 11:30am

Tim Cook Discovers Group Chat Naming Feature, Chooses 'Roommates'

Tim Cook Discovers Group Chat Naming Feature, Chooses 'Roommates'

In a recent interview with WSJ Magazine, Apple CEO Tim Cook shared insights on the company's future, emphasizing confidence in the Vision Pro and its approach to artificial intelligence. Surprisingly, Cook revealed he was unaware that iMessage allows users to name group chats, opting for the straightforward title 'Roommates' for a chat with college friends. This revelation highlights Cook's minimalistic style and his focus on functionality over novelty. His comments underscore Apple's philosophy of prioritizing quality over being first in technology.

Created at: October 22, 2024 11:30am

Meta Suspends Celebrity Jet Tracking Accounts Amid Privacy Concerns

Meta Suspends Celebrity Jet Tracking Accounts Amid Privacy Concerns

Meta has suspended Instagram and Threads accounts that tracked the private jets of high-profile celebrities, including Elon Musk and Mark Zuckerberg. The accounts, managed by college student Jack Sweeney, faced errors when accessed. Sweeney's account tracking Taylor Swift's jet was disabled earlier. The reason for the suspension remains unclear, but it echoes a previous incident when Musk permanently banned Sweeney's @ElonJet account on Twitter. Despite new laws allowing anonymity for private aircraft owners, tracking remains feasible through community tips.

Created at: October 22, 2024 5:00am

India's Neysa Secures $30M to Challenge Global AI Giants

India's Neysa Secures $30M to Challenge Global AI Giants

Neysa, an Indian AI startup, has raised $30 million in a Series A funding round to enhance its AI and machine learning services. Founded by Sharad Sanghi, the company aims to provide infrastructure and platform services tailored for local businesses. Neysa's innovative offerings include private cloud solutions and an open-source model, allowing flexibility for clients. With a projected AI market growth to $17 billion in India by 2027, Neysa is poised to compete with major players like AWS and Google Cloud. The startup plans to expand its team and product offerings while targeting global markets in the near future.

Created at: October 22, 2024 12:30am

Meta Expands Facial Recognition Trials to Combat Celebrity Scam Ads

Meta Expands Facial Recognition Trials to Combat Celebrity Scam Ads

Meta is ramping up its facial recognition tests aimed at detecting celebrity scam advertisements on its platforms. The initiative, led by VP Monika Bickert, seeks to enhance existing anti-scam measures, utilizing machine learning classifiers to flag suspicious ads. By comparing ad images with public figures' profiles, Meta aims to block fraudulent content effectively. The company claims that any facial data generated will be deleted post-comparison. Additionally, it is testing video selfies for quicker account recovery. However, these trials are not currently active in the UK or EU due to stringent data protection laws.

Created at: October 21, 2024 10:30pm

Meta's Smart Glasses Outperform Ray-Bans Ahead of AI Features Launch

Meta's Smart Glasses Outperform Ray-Bans Ahead of AI Features Launch

Meta's Ray-Ban Meta smart glasses have become the top-selling product in 60% of Ray-Ban stores across Europe, the Middle East, and Africa, according to CFO Stefano Grassi. Despite not yet rolling out AI features in Europe due to regulatory clarity, the glasses are driving significant sales for EssilorLuxottica. Consumers may be more attracted to the glasses' built-in speakers and cameras rather than their AI capabilities. This unexpected success has led Meta to extend its partnership with EssilorLuxottica into the next decade.

Created at: October 21, 2024 10:00pm

‘Blade Runner 2049’ Producer Sues Tesla Over Alleged AI Copyright Infringement

‘Blade Runner 2049’ Producer Sues Tesla Over Alleged AI Copyright Infringement

Alcon Entertainment, the production company behind 'Blade Runner 2049,' has filed a lawsuit against Tesla and Elon Musk, alleging the unauthorized use of its intellectual property. The complaint claims that Musk directed Tesla to utilize imagery from the film to promote its new concept cars, despite Alcon's refusal to grant rights through Warner Bros. The lawsuit seeks unspecified damages and calls for a ban on the distribution of the promotional materials in question, highlighting a new twist in copyright disputes involving AI technology.

Created at: October 21, 2024 8:30pm

One Zero, AI Fintech from MobileEye Founder, Secures $100M Funding

One Zero, AI Fintech from MobileEye Founder, Secures $100M Funding

One Zero, a fintech startup founded by MobileEye's Amnon Shashua, is raising $100 million to enhance AI-driven retail banking services. The company, valued at $320 million in 2023, aims to democratize private banking through its innovative chatbot, Ella. With around 110,000 customers, One Zero has acquired a banking license in Israel and is exploring licensing opportunities for its technology globally. Previous investors include Tencent and OurCrowd. Shashua’s vision focuses on using multiple AI models to deliver personalized banking experiences and solve complex financial queries.

Created at: October 21, 2024 8:30pm

Nevoya Aims to Revolutionize EV Trucking in LA with $3M Funding

Nevoya Aims to Revolutionize EV Trucking in LA with $3M Funding

Nevoya, a new startup, is tackling the electric vehicle trucking challenge in Los Angeles, where diesel trucks dominate. The company has secured $3 million in seed funding led by Third Sphere and RedBlue Capital. Founder Sami Khan emphasizes that LA's strong incentives and market demand make it an ideal location for electric trucks. Nevoya's fleet consists solely of Freightliner eCascadias, and it plans to utilize AI for optimizing operations. The startup aims to expand into Texas while maintaining a commitment to zero-emissions logistics for Fortune 500 companies.

Created at: October 21, 2024 7:00pm

News Corp Files Lawsuit Against Perplexity Over Copyright Violations

News Corp Files Lawsuit Against Perplexity Over Copyright Violations

News Corp's Dow Jones and NY Post have initiated legal action against AI startup Perplexity, alleging widespread copyright infringement. The lawsuit claims that Perplexity's AI engine replicates and misrepresents original news content, effectively substituting itself for traditional news sources. This practice, referred to as a 'content kleptocracy,' is argued to deprive publishers of critical revenue. Perplexity asserts its data collection is merely for indexing, not for AI training. The lawsuit seeks $150,000 per infringement, raising concerns over the future of copyright in the evolving AI landscape.

Created at: October 21, 2024 6:30pm

Elon Musk's xAI Unveils New API for Grok Model

Elon Musk's xAI Unveils New API for Grok Model

Elon Musk's xAI has officially launched an API to offer its generative AI model, Grok, to enterprises. Currently, the API features only one model, 'grok-beta', which is priced at $5 per million input tokens. Although details about the specific Grok model remain unclear, the API also supports function calling and hints at future capabilities for analyzing text and images. This move positions xAI as a competitive player in the AI landscape, particularly for businesses looking to leverage generative AI technology. Further updates on model availability are anticipated.

Created at: October 21, 2024 5:00pm

Daze: The AI-Powered Messaging App for Gen Z Gaining Traction Prelaunch

Daze: The AI-Powered Messaging App for Gen Z Gaining Traction Prelaunch

Daze, an innovative messaging app tailored for Gen Z, is generating significant buzz ahead of its November 4 launch. The app has amassed 156,000 signups and over 48 million views on social media, largely due to engaging product demos. Founded by entrepreneur Willem Simons, Daze offers a creative messaging experience with features that allow for colorful and dynamic chats. The app aims to rival established platforms like iMessage and WhatsApp while integrating AI for enhanced creativity. With early tests showing promising retention rates, Daze has raised $5.7 million in funding from notable investors.

Created at: October 21, 2024 4:00pm

X's New Terms Ignite Controversy: Your Tweets Train AI Without Consent

X's New Terms Ignite Controversy: Your Tweets Train AI Without Consent

X, formerly Twitter, has updated its terms of service, allowing the platform to use user-generated content to train its AI models. This change has sparked outrage among users, particularly creatives concerned about potential misuse of their work. The new terms grant X broad licensing rights, leading to fears of data exploitation, especially for sensitive content. Many users have begun deleting personal posts in response. As the November 15 deadline looms, uncertainty remains about users' ability to opt out of AI training. Legal challenges may arise as users seek control over their data privacy.

Created at: October 21, 2024 3:30pm

TechCrunch Disrupt 2024: Exciting Side Events Announced for Attendees

TechCrunch Disrupt 2024: Exciting Side Events Announced for Attendees

As TechCrunch Disrupt 2024 approaches, a diverse lineup of Side Events has been unveiled, promising to enrich the experience for attendees in San Francisco. Events will range from networking runs and comedy shows to specialized workshops and happy hours, catering to various interests. Notable gatherings include a running club, investor panels, and a climate-focused hackathon. Each event aims to foster community connections and facilitate discussions on pressing topics within the tech ecosystem. Registrations are open, and attendees are encouraged to RSVP for their preferred events.

Created at: October 21, 2024 3:30pm

MAB Robotics Unveils Amphibious 'Honey Badger' Robot Dog for Rescue Missions

MAB Robotics Unveils Amphibious 'Honey Badger' Robot Dog for Rescue Missions

MAB Robotics has introduced the Honey Badger, an amphibious robot dog capable of traversing both land and water. This innovative machine is designed for various rescue operations, showcasing impressive underwater capabilities. Co-founder Jakub Bartoszek highlighted enhancements in its locomotion systems, allowing it to navigate diverse environments. With a payload capacity of 2 kg and operational temperatures from 0°C to 40°C, the Honey Badger can reach depths of 100 meters. It aims to assist in inspection and maintenance tasks in flooded areas, demonstrating the evolving role of quadruped robotics in critical missions.

Created at: October 21, 2024 3:00pm

Countdown to TechCrunch Disrupt 2024: 7 Days to Go!

Countdown to TechCrunch Disrupt 2024: 7 Days to Go!

TechCrunch Disrupt 2024 is set to commence on October 28 in San Francisco, bringing together over 10,000 tech leaders and 350 startups. Attendees can expect insightful sessions featuring 250 industry experts and opportunities for networking across multiple venues. The event will highlight the Startup Battlefield 200, where selected startups will compete for a $100,000 prize. With more than 200 hands-on sessions, participants will engage in meaningful discussions on key industry challenges. Don't miss the chance to register at a discounted rate before ticket prices rise.

Created at: October 21, 2024 3:00pm

Uprise Launches to Empower Small Businesses with Financial Guidance

Uprise Launches to Empower Small Businesses with Financial Guidance

Uprise, a San Francisco-based startup, aims to assist small businesses in making informed financial decisions by embedding its advisory services into existing financial products like Rippling and Carry. Using an AI-driven algorithm, Uprise provides tailored recommendations vetted by human advisors. The company recently secured $3.3 million in seed funding to enhance its offerings and expand partnerships. Initially focused on direct-to-consumer advice, Uprise pivoted to small businesses after recognizing their unique financial needs. This innovative approach seeks to integrate seamlessly into various financial applications used by entrepreneurs.

Created at: October 21, 2024 2:30pm

Apple's Upcoming iPad Mini to Feature Limited AI Capabilities in 2025

Apple's Upcoming iPad Mini to Feature Limited AI Capabilities in 2025

Apple's entry-level iPad mini, set to launch on October 23, 2024, will come equipped with the new Apple Intelligence platform, but its AI features will be rolled out gradually over the coming months. Initial capabilities will focus on notification summaries, yet lack the innovation seen in competitors like Google and OpenAI. Analysts suggest that Apple's generative AI is trailing significantly behind its rivals. Despite potential benefits, consumer interest in AI may not outweigh demand for traditional features. Apple's future in AI appears promising but will require time for significant breakthroughs.

Created at: October 21, 2024 2:00pm

Apple Introduces Hearing Aid Features in AirPods Pro 2

Apple Introduces Hearing Aid Features in AirPods Pro 2

Apple has unveiled new hearing aid functionalities for its AirPods Pro 2, following the FDA's 2022 ruling allowing over-the-counter hearing aid sales. This feature enables users to conduct hearing tests at home, assessing their hearing range through a series of tones. The test, which takes about five minutes, is designed for those with mild to moderate hearing loss. Results are generated quickly, and users can activate Media Assist to enhance speech clarity. While the technology improves daily life, social perceptions of wearing AirPods during conversations may pose challenges.

Created at: October 21, 2024 12:00pm

DataCrunch Aims to Be Europe's Leading AI Cloud Hyperscaler with Renewable Energy

DataCrunch Aims to Be Europe's Leading AI Cloud Hyperscaler with Renewable Energy

Finnish startup DataCrunch is positioning itself as one of Europe's first AI cloud hyperscalers, focusing on renewable energy. The company has raised $13 million in seed funding, including $7.6 million in equity financing and $5.4 million in debt, to offer GPUs as a service. With data centers in Helsinki and Iceland, DataCrunch emphasizes its green energy credentials. CEO Ruben Bryon highlighted their aim to serve both corporate clients and individual AI researchers. The company plans to build its own data centers by 2025 as it seeks to expand its infrastructure and customer base.

Created at: October 21, 2024 9:00am

Perplexity Eyes $500 Million Fundraise at $8 Billion Valuation

Perplexity Eyes $500 Million Fundraise at $8 Billion Valuation

AI search engine Perplexity is reportedly in talks to raise $500 million at an $8 billion valuation, according to the Wall Street Journal. This funding round would more than double its previous valuation of $3 billion from a SoftBank investment. The company currently handles about 15 million queries daily, generating around $50 million in annual revenue. Despite facing accusations of unauthorized web scraping, CEO Aravind Srinivas aims to collaborate with publishers. This fundraising comes in the wake of OpenAI's notable $6.6 billion round, signaling strong investor interest in AI-driven search technology.

Created at: October 20, 2024 9:30pm