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303 The Multi-Billion-Dollar Industry You’ve Never Heard Of And The Startups Working To Take It Down; A Look into the Mind of Vinod Khosla

The Information
Stephanie Palazzolo @ The Information 1 place · 06/17/2024 10:00 EDT

The old adage that you should never get into a fight with someone who buys ink by the barrel load doesn’t resonate in the digital age as well as it used to. But there’s no doubt news publishers’ complaints about AI startups pirating their copyrighted material has drawn plenty of coverage. There may be a solution. A growing number of startups are emerging to try and help publishers, and other content owners, figure out how to maximize the money they can make from licensing their material to AI firms. Firms l

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Tom Carter @ Business Insider 1 place · today 06:38 EDT

Elon Musk is beefing with Boeing again, calling out its CEO and saying he should be able to 'design aircraft, not spreadsheets'

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Read through enough contracts, invoices or purchase orders—any business documents, really—enough times, and your eyes probably glaze over. Ondrej Antos experienced it as a law clerk nearly a decade ago. When Antos met Nischal Nadhamuni at the Massachusetts Institute of Technology in 2016, the pair went on a three-hour-long walk in Cambridge, Mass., and decided to start a company to tackle the problem.Klarity, their startup, began in 2017 by building... Read more

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Cory Weinberg @ The Information 1 place · 06/25/2024 09:00 EDT

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The Information
Stephanie Palazzolo @ The Information 2 place · 06/21/2024 14:39 EDT

Stability AI, a startup that rode the boom in generative artificial intelligence to a $1 billion valuation before experiencing financial trouble and employee defections, has a new CEO. Prem Akkaraju, former CEO of visual effects company Weta Digital, will step into the role, according to a person involved in the decision. The 51-year-old Akkaraju is part of a group of investors including former Facebook President Sean Parker that has stepped... Read more

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The Information
Natasha Mascarenhas @ The Information 2 place · 06/20/2024 19:08 EDT

Cerebras, a developer of artificial intelligence chips that’s trying to wrestle business from Nvidia, has filed confidentially with securities regulators for an initial public offering, according to a person involved in the decision. The startup has also notified Delaware, the state in which it is incorporated, that it is creating preferred shares priced at a deep discount to its last private funding round. The move could make its shares more... Read more

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The Information
Kate Clark @ The Information 3 place · 06/20/2024 09:00 EDT

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Natasha Mascarenhas @ The Information 1 place · 06/24/2024 21:04 EDT

Anduril has lined up backers for one of the biggest venture deals this year. The defense startup is close to finalizing a $1.5 billion investment co-led by Peter Thiel’s Founders Fund, according to two people involved in the deal. Sands Capital, known for investments just before public offerings, is co-leading the deal as a new investor, according to one of those people. The investment will value the 7-year-old company at... Read more

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Sylvia Varnham O'Regan @ The Information 2 place · 06/20/2024 13:58 EDT

EssilorLuxottica might not be a household name in the U.S. But the eyeglass giant, maker of Meta Platforms’ smart Ray-Ban glasses as well as dozens of other eyewear brands, is suddenly a company tech firms want to buddy up with. Rocco Basilico, the 34-year-old Italian head of EssilorLuxottica’s wearables business, revealed in an interview that the company had been getting approaches from some big tech companies interested in “smart eyewear.”... Read more

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The Information
Julia Hornstein @ The Information 2 place · 06/24/2024 17:54 EDT

Google wants chatbots that people can hang with—not just pelt with questions. The search engine giant has been developing a product for creating and conversing with customizable chatbots, which could be modeled on celebrities or made by users, two people with direct knowledge of the project said. The bots would be similar to the online personalities from Meta Platforms and startup Character.AI, based on celebrities like football star Tom Brady... Read more

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The Information
Wayne Ma @ The Information · 06/24/2024 09:00 EDT

It was the kind of incident Apple executives never want to repeat. In November 2022, at a factory in Zhengzhou, China—the largest plant in the world for making iPhones—police officers in white hazmat suits beat factory workers, who had begun protesting over strict Covid-19 lockdowns and disputes over pay. Video of the episode, which took place at a factory operated by Foxconn, Apple’s largest manufacturing partner, circulated on social media,... Read more

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The Information
Brigid Mander @ The Information 1 place · 06/22/2024 09:00 EDT

Downloads for the Backroads: A Techie’s Guide to the Best Apps for Exploring Nature

Modern technology is everywhere, often in various forms of screen time. That makes it a popular scapegoat for the increasing, collective loss of our human connection to the natural world. It’s not just that time spent using technology has replaced time in nature, it’s also that for many nature is farther away: Over half the world’s population now lives in urban settings, a figure that rises to around 80% in... Read more

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