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Ryan Breslow Returns with Bolt's New Superapp to Compete in Fintech
Ryan Breslow Returns with Bolt's New Superapp to Compete in Fintech
Ryan Breslow, back as CEO of Bolt, has launched a new superapp aimed at revolutionizing crypto and everyday payments. The app combines features of Coinbase, Zelle, and PayPal, allowing users to manage cryptocurrencies and make peer payments seamlessly. Despite past controversies and slow revenue growth, Breslow believes the app will create a centralized hub for financial services. With partnerships and rewards features, the app is designed to attract a broader user base. Currently available on iOS, the app will soon be released on Android, taking a bold step in the competitive fintech landscape.
Created at: April 16, 2025 3:00pm
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Kia Unveils Affordable EV4 Sedan at New York Auto Show
Kia Unveils Affordable EV4 Sedan at New York Auto Show
Kia has launched its first global electric sedan, the 2026 EV4, at the New York International Auto Show, targeting budget-conscious consumers. Set to begin sales in the U.S. in late 2025 or early 2026, the EV4 boasts a range of 235 to 330 miles depending on the battery configuration. While pricing is estimated to start around $35,000, potential tariffs could affect costs. The EV4 features advanced tech, including a dual-screen interface and driver assistance systems, aiming to appeal to a broader audience interested in electric vehicles.
Created at: April 16, 2025 3:00pm
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Deck Secures $12 Million to 'Plaid-ify' the Internet with AI
Deck Secures $12 Million to 'Plaid-ify' the Internet with AI
Deck, a Montreal-based startup, has raised $12 million in Series A funding led by Infinity Ventures, bringing its total funding to $16.5 million since its inception in January 2024. The company aims to unlock user-permissioned data across the web, automating data extraction from platforms lacking APIs. With a focus on utility companies, Deck enables developers to access vital data without manual effort. The founders, who previously launched the successful startup Flinks, believe their technology addresses the fragmented nature of data across industries. Deck's innovative approach positions it as a leader in the evolving user-permissioned data landscape.
Created at: April 16, 2025 3:00pm
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Subaru Unveils Trailseeker: A New All-Electric SUV for Outdoor Enthusiasts
Subaru Unveils Trailseeker: A New All-Electric SUV for Outdoor Enthusiasts
Subaru has launched the 2026 Trailseeker, an all-electric SUV designed for adventure seekers, at the New York International Auto Show. This new model, larger than the Solterra, features a dual motor system providing 375 horsepower and a towing capacity of 3,500 pounds. With a 74.7-kWh battery, it offers over 260 miles of range and supports Tesla's Supercharging Network. The interior boasts a 14-inch touchscreen, wireless charging, and advanced driver assistance systems. Subaru aims to compete with Rivian’s upcoming R2, positioning the Trailseeker as a robust outdoor vehicle.
Created at: April 16, 2025 2:00pm
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TechCrunch All Stage: The Ultimate Founder Summit Returns Bigger Than Ever!
TechCrunch All Stage: The Ultimate Founder Summit Returns Bigger Than Ever!
TechCrunch's TC All Stage event is set for July 15 in Boston, uniting over 1,200 founders and VCs from various stages of startup growth. This year's summit, formerly known as TechCrunch Early Stage, features a comprehensive agenda focused on essential topics like fundraising, scaling operations, and effective pitching strategies. Attendees can expect breakout sessions led by industry leaders, covering critical insights for both new and growth-stage founders. Early registration is encouraged to secure tickets and save up to $210, ensuring access to valuable networking opportunities and expert advice.
Created at: April 16, 2025 2:00pm
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Capsule Secures $12M to Enhance AI Video Editing for Brands
Capsule Secures $12M to Enhance AI Video Editing for Brands
Capsule has successfully raised $12 million in Series A funding to upgrade its AI video editing platform, aimed at marketing, sales, and media teams. The new version will introduce features like AI suggestions and real-time collaboration. Users can input prompts, enabling the AI to recommend footage and edit sequences to enhance storytelling. Capsule's CEO, Champ Bennett, highlighted the platform's goal to assist non-experts in producing compelling video content. The funding round saw participation from prominent investors including Innovation Endeavors and HubSpot Ventures. Capsule plans to expand its team and improve its product offerings.
Created at: April 16, 2025 2:00pm
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AMD Faces $800M Charge Due to U.S. AI Chip Export Controls
AMD Faces $800M Charge Due to U.S. AI Chip Export Controls
AMD has reported a potential $800 million charge related to new U.S. export license requirements for AI chips. The regulations affect the company's MI308 GPUs, and if AMD fails to secure the necessary licenses, it may incur substantial inventory and purchase commitment losses. The company's stock fell by about 7% in pre-market trading following the announcement. This move by the U.S. government aims to protect national security by restricting AI chip exports to China and other specified countries. Competitor Nvidia also anticipates significant financial impacts from similar regulations.
Created at: April 16, 2025 1:30pm
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Lyft Acquires FREENOW for $197M, Expanding into Europe
Lyft Acquires FREENOW for $197M, Expanding into Europe
Lyft has announced its acquisition of FREENOW, a German multi-mobility app, for approximately $197 million in cash, marking its entry into the European market. This strategic move will significantly expand Lyft's reach, which has been limited to the U.S. and Canada since its inception in 2012. FREENOW operates in nine countries, including key markets like Germany and the UK. The merger is expected to increase Lyft’s addressable market and annualized gross bookings substantially. Both companies aim for a seamless integration of services for riders across North America and Europe.
Created at: April 16, 2025 1:30pm
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New Tool Evaluates AI Chatbot Responses to Controversial Topics
New Tool Evaluates AI Chatbot Responses to Controversial Topics
A developer, known as 'xlr8harder', has launched a tool named SpeechMap to assess how AI chatbots like ChatGPT and Grok handle sensitive subjects. This initiative comes amid criticisms claiming that these models are overly 'woke' and censor conservative viewpoints. SpeechMap analyzes compliance with various prompts, revealing that OpenAI's models increasingly avoid political questions. In contrast, Grok 3 by Elon Musk's xAI shows a higher compliance rate, responding to 96.2% of prompts. The developer encourages public discourse on AI model limitations and bias, highlighting the need for transparency in AI development.
Created at: April 16, 2025 1:00pm
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Patreon Launches Native Livestreaming Feature for Creators
Patreon Launches Native Livestreaming Feature for Creators
Patreon is testing a new native livestreaming feature aimed at enhancing creator engagement and monetization. The rollout begins with select testers this week, expanding to a broader audience by summer. This feature allows creators to stream 24/7 directly through the Patreon app, avoiding distractions from ads common on other platforms. Livestreams will include live chat capabilities, emoji reactions, and the option to schedule events. Notably, creators can monetize streams by offering exclusive content to paid members. Future enhancements may include new monetization opportunities, although a co-hosting feature is currently unavailable.
Created at: April 16, 2025 1:00pm
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Cosmic Robotics Unveils Groundbreaking Robot to Revolutionize Solar Panel Installation
Cosmic Robotics Unveils Groundbreaking Robot to Revolutionize Solar Panel Installation
Cosmic Robotics has developed an innovative robotic assistant to address the labor shortage in solar panel installations. As the U.S. expects a 48% increase in solar installers by 2033, the company aims to alleviate the physical demands of this challenging work. The robot, named Cosmic-1A, can install solar panels quickly and efficiently, matching the speed of human workers without fatigue. Recently, Cosmic raised $4 million in a pre-seed funding round led by Giant Ventures. The funds will be used to manufacture robots for deployment by year-end, enhancing solar project timelines and efficiency.
Created at: April 16, 2025 12:30pm
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X's UK Revenues Plunge 60% Post-Musk Takeover
X's UK Revenues Plunge 60% Post-Musk Takeover
Following Elon Musk's acquisition, X (formerly Twitter) has experienced a drastic revenue decline in the UK, with figures dropping by over 60% in just one year. The company's UK revenue fell to £69.1m ($91.6m) from £205.3m ($272.3m), and profits plummeted accordingly. Internal concerns regarding brand safety and content moderation have contributed to this downturn, alongside a significant reduction in UK staff numbers. Despite these challenges, X's overall valuation has rebounded to its original $44bn purchase price after its acquisition by Musk's X.AI startup.
Created at: April 16, 2025 12:30pm
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Hammerspace Secures $100M Funding to Enhance Data Access for AI Firms
Hammerspace Secures $100M Funding to Enhance Data Access for AI Firms
Hammerspace, a data management platform used by industry giants like Nvidia and Tesla, has announced a $100 million funding round, valuing the company at over $500 million. The funding, described as a strategic venture round, will be utilized to bolster sales and marketing efforts, enhancing its market presence. Hammerspace enables organizations to access fragmented data across various systems seamlessly, addressing a critical gap in the data market. With increasing demand for AI solutions, Hammerspace aims to solidify its role in the evolving data landscape and may consider an IPO within the next two years.
Created at: April 16, 2025 11:30am
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LinkedIn's AI Action Figure Trend Raises Environmental Concerns
LinkedIn's AI Action Figure Trend Raises Environmental Concerns
The recent trend of AI-generated action figures on LinkedIn is capturing attention, but experts warn of hidden environmental costs. Created using ChatGPT's image generator, these figures require substantial computing power, contributing significantly to carbon emissions. Corpora.ai founder Melo Morris emphasizes that the casual use of such tools reflects a disconnection from their true environmental impact. Studies reveal that generating images demands double the energy compared to text generation. As energy consumption from data centers is expected to surge, the sustainability of AI innovations is under scrutiny. Users are encouraged to consider the ecological implications before joining the trend.
Created at: April 16, 2025 11:00am
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xAI Grok Unveils 'Grok Studio': A Game-Changer for App Development and Document Creation
xAI Grok Unveils 'Grok Studio': A Game-Changer for App Development and Document Creation
xAI has launched Grok Studio, a new feature of its chatbot that allows users to build apps, edit documents, and generate code in real-time. This canvas-style interface competes directly with offerings from ChatGPT and Claude, enabling users to preview HTML snippets and execute programming languages like Python and JavaScript. Grok Studio also integrates with Google Drive, allowing seamless access to documents and spreadsheets. This update positions Grok as a comprehensive AI assistant for knowledge workers, boosting productivity in various workflows. Additionally, Grok can now remember past conversations with its new memory feature.
Created at: April 16, 2025 10:30am
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Chinese TikTokers Spark Panic Among US Shoppers Over 'Luxury' Products
Chinese TikTokers Spark Panic Among US Shoppers Over 'Luxury' Products
A viral trend on TikTok is causing concern among American consumers as Chinese suppliers claim to offer luxury products at significantly lower prices. Videos suggest that brands like Louis Vuitton and Hermès are manufacturing goods in China for a fraction of retail costs. This has led many shoppers to consider purchasing directly from these sources, believing the claims to be true. However, brands like Birkenstock maintain their products are 'Made in Germany.' The phenomenon raises questions about authenticity and branding in the luxury market, especially amidst ongoing tariffs impacting trade.
Created at: April 16, 2025 10:00am
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Tesla's Stock Faces 'Death Cross': What It Means for Investors
Tesla's Stock Faces 'Death Cross': What It Means for Investors
Tesla's stock has hit a troubling technical chart signal known as the 'death cross,' where the 50-day moving average dips below the 200-day average. This bearish indicator arrives as the stock has already lost over 30% of its value in 2025 amid market volatility and trade policy uncertainties. Analysts caution that while this signal raises alarms, it doesn't guarantee a significant downturn. Tesla's CEO Elon Musk's controversial public behavior has compounded investor concerns, and the broader market shows similar signs of instability. Investors are advised to remain cautious rather than panic.
Created at: April 16, 2025 10:00am
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GamePal Revolutionizes iPhone Gaming with iCloud Sync for Effortless Tracking
GamePal Revolutionizes iPhone Gaming with iCloud Sync for Effortless Tracking
GamePal has emerged as a game changer for iPhone gamers, offering a seamless way to track and manage game libraries across multiple platforms. The app features iCloud syncing, allowing users to access their collections on any Apple device, even offline. With capabilities to log gameplay sessions and rate games, GamePal automatically pulls data from the Internet Games Database. Personalization options, including custom icons and widgets, enhance the user experience. Optimized for iOS 17 and later, GamePal is poised to elevate gaming organization for all types of players.
Created at: April 16, 2025 10:00am
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Google Suspends 39.2 Million Ad Accounts in Major Fraud Crackdown
Google Suspends 39.2 Million Ad Accounts in Major Fraud Crackdown
In a significant move against ad fraud, Google announced the suspension of 39.2 million advertiser accounts in 2024, a dramatic increase from the previous year. Utilizing AI and large language models, the tech giant enhanced its ability to detect fraudulent activities before ads were served. Google's Ads Safety team, in collaboration with DeepMind researchers, implemented new policies leading to a 90% decrease in deepfake ad reports. The company also verified over 8,900 new election advertisers while removing millions of ads related to scams and policy violations. This crackdown reflects ongoing efforts to improve ad safety and transparency.
Created at: April 16, 2025 10:00am
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Moniepoint Launches MonieWorld: Aiming to Redefine Immigrant Banking
Moniepoint Launches MonieWorld: Aiming to Redefine Immigrant Banking
Nigerian fintech Moniepoint has launched MonieWorld, targeting the UK-Nigeria remittance corridor. Backed by Visa, the platform seeks to offer more than just remittances, positioning itself as a comprehensive banking solution for immigrants. CEO Tosin Eniolorunda highlights the need for improved financial tools that help newcomers build credit and stay connected with family. Despite entering a saturated market, Moniepoint believes its existing infrastructure and cultural understanding will set it apart. The fintech aims to expand to other diasporas in North America, seeking to diversify its operations beyond Nigeria.
Created at: April 16, 2025 9:00am
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Opera Mini Welcomes Aria AI Assistant for Enhanced User Experience
Opera Mini Welcomes Aria AI Assistant for Enhanced User Experience
Opera has announced the integration of its AI assistant, Aria, into the Opera Mini browser for Android users. This addition aims to improve accessibility for users on low-end devices and those with limited data. Aria is designed to provide the latest news, generate images, and assist in learning various topics using models from OpenAI and Google. With over a billion downloads, Opera Mini continues to innovate while ensuring data savings. The company is exploring more AI features, enhancing user interaction and task completion through natural language prompts.
Created at: April 16, 2025 8:00am
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TechCrunch's StrictlyVC London to Feature Monzo CEO TS Anil and Top Venture Capitalists
TechCrunch's StrictlyVC London to Feature Monzo CEO TS Anil and Top Venture Capitalists
TechCrunch's StrictlyVC event is set to return to London on May 13, featuring Monzo Bank CEO TS Anil among other prominent speakers. Anil, known for his leadership in fintech, will share insights on the future of money and digital innovation. He will be joined by Sonali De Rycker from Accel and Nazo Moosa of Paladin Capital Group. Unlike traditional conferences, StrictlyVC fosters intimate dialogues, allowing attendees to engage directly with speakers. This event promises a candid discussion on leadership and innovation, making it a must-attend for industry professionals.
Created at: April 16, 2025 7:30am
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Elon Musk's Family Matters: More Children Than Previously Known?
Elon Musk's Family Matters: More Children Than Previously Known?
A recent Wall Street Journal investigation reveals that Elon Musk may have fathered more children than the 14 previously reported. The report indicates that Musk's family dynamics are managed by Jared Birchall, who oversees hush agreements with the mothers. One case involves Ashley St. Clair, who declined a $15 million deal for her silence after giving birth to Musk's son. Birchall reportedly warned that legal action would worsen outcomes for mothers involved. The complexities of Musk's personal life appear to be a significant part of his responsibilities alongside his business ventures.
Created at: April 16, 2025 5:00am
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Apple's iPhone 18 Fold Set to Launch with a Premium Price Tag
Apple's iPhone 18 Fold Set to Launch with a Premium Price Tag
Apple's upcoming 'iPhone 18 Fold' is rumored to be the company's most expensive smartphone yet, with prices starting at $2,100 and potentially reaching $2,300. Leaks suggest the foldable device will feature a 5.5-inch outer display and a 7.8-inch inner display, aiming to compete with rivals like Samsung and Google. The foldable is expected to launch next year, and Apple is reportedly developing a liquid metal hinge for enhanced durability. This move into the foldable market aims to revitalize sales amid declining trends in traditional smartphone sales.
Created at: April 16, 2025 3:00am
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Grok Introduces Collaborative Tool for Document Creation and Coding
Grok Introduces Collaborative Tool for Document Creation and Coding
Elon Musk's AI company, xAI, has unveiled Grok Studio, a new feature for its chatbot Grok, enabling users to create and edit documents and basic apps in a canvas-like interface. Announced via X, Grok Studio allows both free and paying users to collaborate on content, including generating documents, code, and reports. The feature integrates with Google Drive, allowing users to attach various file types to their prompts. This release positions Grok alongside other AI tools like OpenAI's Canvas and Anthropic's Artifacts, enhancing its functionality for creative and coding tasks.
Created at: April 16, 2025 3:00am
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Apple's Earth Day Promo: Trade Old Accessories for Discounts!
Apple's Earth Day Promo: Trade Old Accessories for Discounts!
Apple is launching an Earth Day promotion enabling customers to trade in old accessories for discounts up to 10% on new purchases. Users can participate by bringing eligible items like AirPods, Apple Pencil, and Apple Watch bands to their nearest Apple store. However, items like data cables and power bricks are excluded from the trade-in program. While users can earn discounts, the maximum allowable discount is capped at $20. This initiative supports Apple's recycling campaign and enhances its existing trade-in program for various devices, including Android models.
Created at: April 16, 2025 2:30am
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OpenAI Ventures into Social Media: Aiming to Rival Elon Musk's X
OpenAI Ventures into Social Media: Aiming to Rival Elon Musk's X
OpenAI is reportedly developing a social media platform similar to Elon Musk's X, shifting from its AI-only focus. While plans are not yet official, sources indicate an internal prototype is underway, featuring a social feed integrated with ChatGPT's image generation capabilities. CEO Sam Altman is consulting external experts for feedback on the project. The rivalry between OpenAI and Musk has deep roots, stemming from Musk's exit from OpenAI in 2018 due to differing visions. This move could redefine social media interactions, placing OpenAI in direct competition with established platforms.
Created at: April 16, 2025 2:00am
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US Government Imposes Export License on Nvidia's H20 AI Chips
US Government Imposes Export License on Nvidia's H20 AI Chips
Nvidia faces new U.S. export controls requiring a license for its H20 AI chips to China, citing concerns over potential supercomputer use. The indefinite license requirement could lead to $5.5 billion in charges for Nvidia in Q1 2026. The H20 chips are critical to the company, and their restricted export follows allegations of usage by China's DeepSeek AI startup. Despite a recent commitment to invest in U.S. AI manufacturing, Nvidia's stock fell 6% in after-hours trading. The situation highlights rising tensions between U.S. and Chinese technology sectors.
Created at: April 15, 2025 10:30pm
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Figma Files Confidential Paperwork for IPO Amid Market Uncertainty
Figma Files Confidential Paperwork for IPO Amid Market Uncertainty
Design software startup Figma has filed confidential paperwork for its initial public offering (IPO), generating curiosity about its future. The move comes despite a tumultuous stock market influenced by trade policy fluctuations. Notably, other tech companies like Klarna and StubHub have paused their IPO plans due to recent market conditions. Figma, valued at $12.5 billion, previously attracted an acquisition offer from Adobe that fell through due to regulatory concerns. The company is backed by prominent venture firms including Sequoia Capital and Greylock. Further comments from Figma have not been provided.
Created at: April 15, 2025 10:00pm
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Telli Secures $3.6M in Pre-Seed Funding for AI Voice Agents
Telli Secures $3.6M in Pre-Seed Funding for AI Voice Agents
Telli, a Berlin-based startup and Y Combinator alum, has successfully raised $3.6 million in pre-seed funding led by Cherry Ventures. The company specializes in AI voice agents designed to manage high customer volumes, facilitating tasks like appointment bookings and lead prequalification. Founded by former Enpal employees, Telli has reported over 50% monthly revenue growth while processing nearly a million calls with a six-person team. The startup aims to enhance customer operations using advanced AI models and voice-cloning technology from leading platforms.
Created at: April 15, 2025 9:30pm
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TikTok Takes a Bold Step: New 'Reviews' Tab Aims to Compete with Google Maps
TikTok Takes a Bold Step: New 'Reviews' Tab Aims to Compete with Google Maps
In an effort to enhance its search functionality, TikTok has introduced a new 'Reviews' tab within the comments section of select videos, allowing users to access reviews and ratings for tagged locations without leaving the app. This feature, currently in testing, enables viewers to see user-generated star ratings, written reviews, and photos directly beneath video comments. As TikTok expands its capabilities to rival Google’s dominance in search, it has already become a preferred platform for place searches among younger audiences. The company has not confirmed plans for a wider rollout of this feature.
Created at: April 15, 2025 9:00pm
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Android Phones to Auto-Reboot After Three Days of Inactivity
Android Phones to Auto-Reboot After Three Days of Inactivity
Google has introduced a new security feature in Android that automatically reboots devices if locked for three consecutive days. This update, part of Google Play services, aims to enhance privacy by complicating unauthorized access attempts, particularly from law enforcement forensic tools. The feature mirrors a similar one rolled out by Apple for iOS last year. Before unlocking, data remains encrypted, ensuring user privacy is prioritized. Google has yet to comment on the specific motivations for this enhancement.
Created at: April 15, 2025 9:00pm
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Millions Tune in for the Tranquil ‘Great Moose Migration’ Livestream
Millions Tune in for the Tranquil ‘Great Moose Migration’ Livestream
The annual ‘Great Moose Migration’ livestream from Sweden’s SVT broadcaster has captured the attention of viewers worldwide, with 9 million tuning in last year. This unique event showcases moose crossing the Ångerman River, streamed live with over 30 cameras. Unlike fast-paced internet content, the serene scenes of nature provide a refreshing escape, drawing audiences into a slow-paced experience. The stream continues even overnight with night vision cameras, adding an eerie yet captivating element. This year’s migration is ongoing, proving that sometimes, simplicity can attract massive viewership.
Created at: April 15, 2025 8:30pm
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OpenAI to Revise AI Safety Standards Amidst Competitive Pressures
OpenAI to Revise AI Safety Standards Amidst Competitive Pressures
OpenAI has announced potential adjustments to its Preparedness Framework regarding AI model safety, contingent on rival labs releasing 'high-risk' systems without adequate safeguards. This move highlights the competitive urgency in AI development, as OpenAI faces scrutiny over safety compromises for faster releases. The company asserts it will maintain protective measures while increasing reliance on automated evaluations for product development. Changes include a new categorization of models based on their risk levels, focusing on their potential to cause severe harm. These refinements mark the first update to OpenAI's framework since 2023.
Created at: April 15, 2025 8:00pm
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Figma Issues Cease-and-Desist to Lovable Over ‘Dev Mode’ Trademark
Figma Issues Cease-and-Desist to Lovable Over ‘Dev Mode’ Trademark
Figma has sent a cease-and-desist letter to the no-code AI startup Lovable regarding its use of the term ‘Dev Mode’ for a new product feature. Figma successfully trademarked this term last year, despite ‘dev mode’ being a common industry term. The dispute highlights a potential tech industry rivalry, as Lovable positions itself as a competitor to Figma. While Figma aims to protect its trademark, some argue that the term is too generic for exclusive ownership. Lovable raised $15 million in February and may consider renaming its feature to avoid legal complications.
Created at: April 15, 2025 7:30pm
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India's BluSmart Entangled in Gensol's EV Loan Misuse Investigation
India's BluSmart Entangled in Gensol's EV Loan Misuse Investigation
India's market regulator is investigating Gensol Engineering for alleged misuse of electric vehicle loans, implicating BluSmart, a ride-hailing startup co-founded by Gensol's founders. Securities and Exchange Board of India (SEBI) has barred Anmol and Puneet Singh Jaggi from key roles as they investigate claims of redirected funds for personal use. Gensol reportedly defaulted on loans intended for purchasing EVs for BluSmart. Meanwhile, BluSmart faces challenges with cash burns and has shut down its Dubai service, exploring new strategies to sustain operations in India.
Created at: April 15, 2025 7:30pm
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Google Invests in Geothermal Energy for Data Centers in Taiwan
Google Invests in Geothermal Energy for Data Centers in Taiwan
Google has announced its first geothermal investment in Asia, committing 10 megawatts of geothermal power in Taiwan to enhance its renewable energy portfolio. The project, developed by Swedish firm Baseload Capital, has been underway since 2019, focusing on mapping geothermal resources in the region. This follows a previous agreement with geothermal startup Fervo, which connected a 3.5-megawatt plant in Nevada. By 2050, Taiwan aims to harness 6 gigawatts of geothermal energy, contributing to its sustainable energy goals and leveraging its position on the Ring of Fire.
Created at: April 15, 2025 6:30pm
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OpenAI Acquires Context.ai Team to Boost AI Model Evaluations
OpenAI Acquires Context.ai Team to Boost AI Model Evaluations
OpenAI has acquired the co-founders of Context.ai, a startup focused on AI model evaluations and analytics. Context.ai plans to discontinue its products following the acqui-hire. The startup, founded in 2023, raised $3.5 million in seed funding and developed tools for analyzing model performance. Co-founders Henry Scott-Green and Alex Gamble will focus on creating essential evaluation tools at OpenAI. The details of the acquisition remain undisclosed, and it's uncertain how many former Context.ai employees will join OpenAI's team moving forward.
Created at: April 15, 2025 6:30pm
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Anthropic Builds Team to Boost AWS AI Adoption
Anthropic Builds Team to Boost AWS AI Adoption
Anthropic has established a new team focused on recruiting AWS customers for its AI products, signaling a strengthened partnership with Amazon. This initiative aims to accelerate AI adoption among AWS users by developing scalable programs for global markets. Job postings indicate a search for leaders to manage significant revenue opportunities through this collaboration. Amazon has invested $8 billion in Anthropic, which optimizes its AI models for AWS infrastructure. The partnership has attracted regulatory scrutiny, with investigations from the FTC and UK’s CMA regarding competitive impacts.
Created at: April 15, 2025 6:00pm
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Medium Affirms Commitment to DEI Amid Industry Rollbacks
Medium Affirms Commitment to DEI Amid Industry Rollbacks
Medium's CEO, Tony Stubblebine, has reiterated the platform's dedication to diversity, equity, and inclusion (DEI) despite many tech companies reducing their efforts. In a blog post, he emphasized that businesses should not have to choose between inclusivity and profit, arguing that diverse voices enhance understanding. Stubblebine highlighted that maintaining a civil platform is crucial, where hate and disinformation are not tolerated. This stance contrasts with competitors like Substack, which adopts a more lenient approach to content moderation. Medium continues to engage over 100 million users monthly and recently reported its first profitable month.
Created at: April 15, 2025 5:30pm
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