The creator economy is global, but many creators make content in only one language. To reach more fans, some creators are replacing the audio with a translated version, known as dubbing. But dubbing can cost as much as $75 per minute, according to Bunny Studio, which provides creative services including voiceovers. Generative artificial intelligence may change that, though. In addition to YouTube, at least three venture-backed companies released AI-powered dubbing... Read more ›
18
OpenView Venture Partners, a Boston-based venture capital firm that has backed enterprise software firms such as Calendly and Expensify, has laid off most of its staff and will not make new investments, according to a person with knowledge of the situation. The sudden fall of the firm, which employed at least 74 people, according to its website, could be a sign of rising pressure on VC firms to generate returns... Read more ›
252
Sequoia’s investing empire is shoring up control at one of its startup crown jewels during a critical time for the Silicon Valley firm. Venture capital firm Sequoia Capital recently added Luciana Lixandra, a partner based in London, to the board of $50 billion payments company Stripe, one of the most valuable holdings in Sequoia’s sprawling portfolio. Separately, Sequoia Heritage, the firm’s separate wealth management business, added a partner, Kevin Kelly,... Read more ›
12
New PayPal CEO Alex Chriss is fast-tracking an effort to bolster the company’s defenses against Stripe and Apple Pay, highlighting how the payments giant has fallen behind newer, slicker competitors. Teams across the payments giant have been racing to add a slew of new features to make its digital wallet and online checkout more attractive for shoppers and merchants, two employees said, part of a project code named Quantum Leap... Read more ›
25
If anyone knows anything about me, it’s that I’m terrible at giving gifts. But, if I were BFFs with any of the model developers, I’d know what would be at the top of their Christmas lists: AI chips.These pieces of specialized hardware—known as “graphics processing units'' in industry parlance—have been the hottest commodity of 2023, so much so that VCs have been offering them to entice buzzy startups to take... Read more ›
10
On Reddit’s founding anniversary in June, CEO Steve Huffman and Y Combinator founder Paul Graham reminisced in front of employees about old times, when the online forum hatched out of the first class of the famed startup accelerator in 2005. Others in the Y Combinator class had since moved on and folded their early startups. “Reddit is the last one” to survive, said Jodi Anderson, Jr., who worked in ad... Read more ›
24
Where’s the cake? Today marks The Information’s 10th birthday, which is a milestone for any news startup, and even more so for one that has never raised outside funding. (That’s what you call bootstrapping.) Those of us who’ve been here through most or all of the past decade truly have empathy for tech startups. You labor in obscurity until one day you don’t (hopefully!). Still, what’s striking today is that... Read more ›
78
Vast Data, an AI software and storage startup backed by Nvidia, raised a new funding round led by Fidelity Investments and including participation of venture capital firms NEA and Bond. The round values Vast Data at more than $9 billion, people familiar with the matter said, compared to its valuation of $3.7 billion set in 2021. Seven-year old Vast Data plans to use some of the proceeds of the fundraising... Read more ›
4
With the arrival of artificial intelligence, creators have a new host of tools to do more with less. Creators can lean on AI to make editing faster. They can get help on scripts. They can even create realistic avatars of themselves to reduce on-camera time. But the use of AI also raises questions of authenticity and disclosure, which is why the EU and the US are preparing regulations. Kaya Yurieff,... Read more ›
1
Jack Settleman grew a sport-focused YouTube account to nearly 600,000 subscribers. Then he made a surprising decision: Last month he stopped posting to the account, which had become popular thanks to some of its Shorts videos, and decided to start over. This new channel, under the same name Snapback Sports, focuses on sharing experiences at sporting events through videos that are about 10 minutes long, in addition to related Shorts... Read more ›
0
Artificial intelligence is quickly becoming an indispensable tool for how we imagine and design our physical world and make it more sustainable and inclusive. Used—and regulated—correctly, AI can become society’s greatest tool in meeting challenges ranging from crumbling infrastructure and a growing housing crisis to a rapidly changing climate. Efforts to effectively regulate AI were front and center last month, as seen with President Joe Biden’s Executive Order on Artificial... Read more ›
26
How much should Walt Disney Co. pay to buy Comcast’s 33% stake in Hulu, the video-streaming service best known for “Only Murders in the Building” and “The Bear”? It’s shaping up to be the most contentious entertainment industry deal of 2024. And guess what: Disney is likely to be on the hook for billions more, on top of the $8.6 billion down payment it was scheduled to make by Friday... Read more ›
95
Over the weekend, my colleagues Jon Victor and Amir Efrati reported that Google has scrapped the launch next week of Google’s would-be GPT-4 killer, Gemini, providing further evidence that the product has been delayed until 2024. Why? It’s just not ready yet and, according to the report, recently had trouble handling some non-English queries. The AI chatbot wars are still in the early innings, but it’s remarkable that Google, with... Read more ›
0
During the most harrowing moments of the OpenAI leadership crisis, one of the startup’s biggest partnerships—a deal with Morgan Stanley that is supposed to demonstrate how AI can change the game at a giant, highly regulated Wall Street bank—was left twisting in the wind. Executives at Morgan Stanley, one of OpenAI’s biggest customers, wondered what would happen to their chatbot for financial advisers if OpenAI fell apart. They discussed what... Read more ›
20
The Biden administration has issued rules intended to keep Chinese battery materials out of U.S. vehicles, undermine China’s dominance of the global battery supply and jump-start a competing U.S. battery industry. But the administration left a narrow pathway for automakers such as Ford to employ Chinese battery technology in their electric vehicles while still qualifying for Inflation Reduction Act tax credits. Read more ›
0
Google has quietly delayed the public debut of Gemini, a conversational artificial intelligence that aims to compete with OpenAI, to January, two people with knowledge of the decision said. Google CEO Sundar Pichai recently decided to scrap a series of Gemini events, originally scheduled for next week in California, New York and Washington, after the company found the AI didn’t reliably handle some non-English queries, one of these people said.... Read more ›
0
Hi, welcome to your Weekend.Next week will mark The Information's 10-year anniversary, and we'll be commemorating the last decade of tech by publishing a series of top 10 lists, plus some reflections from our founder Jessica Lessin. But before we look back at the Valley's greatest hits (and misses), we also wanted to look forward, peering through the eyes of Vinod Khosla, whose powers of prediction are idolized by many... Read more ›
29
The first time I saw the delivery drone glide over the tree line of my backyard, I felt as if I’d been transported to the future. I stood on my patio, bug-eyed, as the drone stopped to hover a few dozen feet above my lawn, floating there like the archangel of cheeseburgers. The trap door on the bottom opened up and a bright yellow bag holding my takeout dinner slowly... Read more ›
6
Tech companies have long been famous for their offsites. Though these are not always the most prudently planned events—recall WeWork’s lavish English countryside summer camp—Silicon Valley has perfected the art of getting out of the office, bringing the team together and doing a few trust falls. Since the pandemic, these outings have taken on new importance, as increased remote work means offsites are the only time some teammates get together... Read more ›
0
Every social media service is unhappy in its own way. That’s something Bill Ackman should remember. The hedge fund manager came out swinging in support of Elon Musk in a lengthy tweet late Thursday night, claiming that recent advertiser defections from X were a result of Musk being “targeted” because other media organizations view X as a competitor. (Walmart on Friday became the latest big marketer to drop X.) Ackman... Read more ›
0
Most popular sources
Business Insider
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27% 5 |
Tech Wire Asia
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21% 9 |
CNET
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7% 1 |
Android Authority
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5% 2 |
Tom's Hardware
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5% 1 |
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28.11.2024 23:53
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