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In the past two years, almost 200 venture capital firms have invested in young generative artificial intelligence companies without knowing exactly how those bets would pay off. Now it seems likely that several won’t.
The technology has created winners such as OpenAI, but it’s also spawned a growing number of startups that could follow Adept AI and Inflection AI, whose founders left the companies to work for tech giants. Then there’s Stability AI, which needed a cash infusion and a leadership change to kee
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The Information
Image: Cath Virginia / The Verge These days, Black Friday isn’t so much a single-day shopping holiday as it is an ever-expanding, monthslong event that often begins as early as October. The 24-hour deal blitz that once was the focus of newspaper headlines and mobs outside of stores is no more, which makes knowing when and where you should be spending your cash all the more confusing. Luckily, we’re here... Read more ›
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BI's Workforce Innovation Board discusses how DEI can innovate by tapping artificial intelligence and focusing on outcomes. Read more ›
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The Tesla CEO went after the F-35, calling crewed fighter jets "obsolete in the age of drones," but uncrewed technology isn't there yet. Read more ›
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Israeli Prime Minister Benjamin Netanyahu said his forces will attack Hezbollah if it violates the agreement. Read more ›
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Expanded tariffs on imports from China and other trade partners are part of President-elect Donald Trump’s economic plans once he takes office in January. Though he claims his protectionist trade policy will bring jobs back to the US, Trump’s tariffs will come at a steep cost to consumers and the economy as a whole. “We’re […] Read more ›
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This SK Hynix Tube T31 external solid-state flash drive is now available for $30 off retail price. Read more ›
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Bitcoin suffered a steep decline four years ago around Thanksgiving after being turned away at the $20,000 level.The action this year after failing at $100,000 is similar, though less severe so far.Those who bought the dip in 2020 didn't have to wait long to be rewarded. Read more ›
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Image: Hugo Herrera / The Verge You’d think Elon Musk, the CEO of Tesla and its wide-reaching Supercharger network, would already know about the workings of the federal National Electric Vehicle Infrastructure (NEVI) program that has dedicated $7.5 billion to building a national charging network. However, he needed Secretary of Transportation Pete Buttigieg to chime in on X yesterday to stop some Republican leaders from spreading misinformation about the program.... Read more ›
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Trump warned of a 25% tariff on goods from Mexico and Canada and a 10% tariff on imports from China. Here are the goods that could be impacted. Read more ›
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The superstar rapper alleges that Universal Music Group and Spotify conspired to boost Kendrick Lamar's playcount. Insiders are skeptical. Read more ›
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You can’t even buy a bag of chips for $1 anymore. | Illustration by Alex Castro / The Verge Hulu is again running one of the best streaming deals we’ve seen in Black Friday sales. Now through December 2nd, new and returning (after more than one month) Hulu subscribers can get ad-supported access to the streaming service for $.99 a month ($9 off) for an entire year at Hulu. You... Read more ›
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You might be surprised to learn that foam swords, snow globes, and Magic 8 Balls are prohibited in carry-on luggage. Read more ›
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Therabody's Black Friday discounts are here to give your body (and your wallet) a well-deserved break. Read more ›
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Drake's company Frozen Moments has filed a petition claiming that Universal Music Group and Spotify falsely boosted Kendrick Lamar's "Not Like Us." Read more ›
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It produces nine flavors: Sugar, salt, citric acid, cherry, passion fruit, green tea, milk, durian, and grapefruit. Read more ›
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This Amazon Black Friday deal slashes the price on Google's Pixel Tablet with a massive 30% discount. Read more ›
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With advanced features like Lidar navigation and smart mapping the RV30 Max is a serious bargain at just $170. Read more ›
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The Information
Comcast plans to spin off most of NBCUniversal’s cable TV networks including MSNBC, CNBC, USA and Oxygen, according to a person with knowledge of the matter. The decision, which comes a month after company executives first floated the idea to investors and analysts, could pave the way for more ... Read more ›
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Brightcove, which makes software to help companies create and make money from videos, agreed to be taken private by Italian mobile app operator Bending Spoons for $233 million in cash in a deal expected to close early next year, the companies announced on Monday. The purchase price Bending ... Read more ›
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Last year, the board of now-collapsed fintech startup Synapse Financial Technologies discussed whether to remove the company’s CEO, Sankaet Pathak. At the time, discrepancies in Synapse’s ledgers were piling up, which the board was aware of. Andreessen Horowitz General Partner Angela Strange argued in favor of keeping Pathak in the role based on the belief that founders were best placed to run their companies, according to a person close to... Read more ›
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OpenAI is preparing to launch a frontal assault on Google. The ChatGPT owner recently considered developing a web browser that it would combine with its chatbot, and it has separately discussed or struck deals to power search features for travel, food, real estate and retail websites, according to people who have seen prototypes or designs of the products. OpenAI has spoken about the search product with website and app developers... Read more ›
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To call the last two years “tepid” for tech initial public offerings would be an understatement. In the wake of a record-smashing high in 2021, IPO deal proceeds plummeted 94% in 2022 and have been slow to recover. But 2025 could be looking up, with some big names likely to hit exchanges. At a recent event about artificial intelligence’s impact on the IPO market, Anita Ramaswamy, The Information’s financial analysis... Read more ›
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There’s a lot of excitement around artificial intelligence disrupting search. Consumers and businesses increasingly use AI tools in lieu of traditional search engines such as Google. OpenAI has added search features to ChatGPT, Meta Platforms is crawling and indexing the web for its Meta AI chatbot and the AI search startup Perplexity is nearing a $9 billion valuation. A host of other AI companies provide information about current events in... Read more ›
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OpenAI has discussed powering artificial intelligence in Samsung devices, similar to a deal the AI developer has with Apple, The Information reported. The discussions are part of a multipronged attack by OpenAI on Google, which is Samsung’s most important partner in using the Android ... Read more ›
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Last week, YouTube began introducing jewels, virtual tips that fans can buy to send creators during livestreams. YouTubers can exchange these tips for cash, a penny per jewel. The Google-owned video site is the latest to get into live tipping, which has been popular for years on Twitch. As the chart below shows, most major social apps are now offering digital tips for live streamers which generally cost about a... Read more ›
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Amazon on Thursday added a temporary 50% discount to all orders made through its new Temu competitor, Amazon Haul. The aggressive discounting coincides with the holiday shopping season and comes one week after Amazon launched Haul, which features a Temu-like assortment of cheap products like $3 ... Read more ›
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When Google CEO Sundar Pichai called Donald Trump to congratulate the president-elect on winning the election, a guest was on the line: Elon Musk, the CEO of Tesla, xAI and other companies, according to two people familiar with the situation. Musk’s appearance took Pichai by surprise, one of these people said. Read more ›
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Most popular sources
Business Insider
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30% 0 |
The Verge
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9% 3 |
Tech Wire Asia
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8% 1 |
Wired
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7% 4 |
CNET
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6% 0 |
| View sources » | |
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26.11.2024 17:21
Last update: 17:16 EDT.
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