Forward, a startup that raised $400 million to operate artificial intelligence-powered “doctor in a box” healthcare stations, is shutting down effective Tuesday, according to a person close to the company. All of its nearly 200 employees will lose their jobs, the person said. The San Francisco startup, started in 2017 by former Google employee Adrian Aoun, wanted to make healthcare visits more accessible with staffed clinics and automatic services. It... Read more ›
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Anthropic, OpenAI and now Google are betting that the future of artificial intelligence involves technology that can take over a person’s computer and automate all manner of work involving applications and internet browsers. (See my colleague Erin’s Saturday scoop on Google’s efforts here.)If these computer-using agents eventually work and the AI just does what someone asks it to do, without needing to lift a finger, one potential outcome is that... Read more ›
4
The RealReal announced Monday that John Koryl had left the company after less than two years as CEO and named Rahi Sati Levesque, a longtime executive at the luxury resale site, to the top role. Levesque, most recently the company’s president and chief operating officer, helped The RealReal’s ... Read more ›
0
Anyone looking at Apple’s recent stock rally—which lifted its market capitalization to $3.6 trillion two weeks ago, a record for any public company—wouldn’t know that the company’s big new product, the Vision Pro mixed reality headset, had sold so badly that Apple is scaling back production. Or that it’s been slow to introduce artificial intelligence features to its products, with the first coming this week. Or that sales of Apple’s... Read more ›
0
Google is developing artificial intelligence that takes over a person’s web browser to complete tasks such as gathering research, purchasing a product or booking a flight, The Information reported Saturday. The product, code-named Project Jarvis, is similar to one Anthropic announced this ... Read more ›
9
The Federal Trade Commission on Friday said Lyft had agreed to pay $2.1 million to settle charges the ride-hailing company had made deceptive claims about the money its drivers would make on the app. The antitrust agency disclosed the settlement the same day the Department of Justice sued Lyft ... Read more ›
0
Alibaba Group said it has agreed to pay $433.5 million to settle a U.S. class-action lawsuit that alleged the Chinese e-commerce giant made misstatements about its antitrust practices. The lawsuit, filed in March 2023 in the U.S. District Court, alleged that Alibaba violated federal securities ... Read more ›
0
Google is developing artificial intelligence that takes over a person’s web browser to complete tasks such as gathering research, purchasing a product or booking a flight, according to three people with direct knowledge of the product. The product, code-named Project Jarvis, is similar to one Anthropic announced this week, these people said. Google plans to preview the product, also known as a computer-using agent, as early as December alongside the... Read more ›
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This week on More or Less: A feisty debate over Vision Pro and words of concern for all VCs. Plus, the latest in tech body hacking. Hope you enjoy! Spotify YouTube Apple Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Perplexity’s ‘newbie CEO’ hopes to dodge legal threats, Google competition• The Top 5: Best tools for introducing AI to kids• Plus: A dance with the dead; a delightful doomsday clock; and a data nerd fashionista.Six years ago, Patrick Soon-Shiong, a Los Angeles billionaire, spent a half-billion dollars on a valuable asset: the Los Angeles Times. Sure, he wasn’t buying The New York... Read more ›
0
Children and teens are increasingly turning to artificial intelligence tools for homework help and entertainment, as well as to seek out new information: In fact, a recent survey of more than 1,000 young people (and their parents) by Common Sense Media found that seven in 10 teenagers have already used generative AI tools. The survey found that just over half of teens have used chatbots like ChatGPT or Google’s Gemini.... Read more ›
0
Taiwan Semiconductor Manufacturing Co. earlier this month stopped making chips for a China-based chip design firm founded by a Chinese crypto mogul, said two people familiar with the situation. TSMC cut the company off around the time the U.S. Commerce Department began investigating whether the Taiwanese giant had supplied chips to Chinese tech giant Huawei Technologies. Huawei has been prohibited since 2020 from acquiring chips made with U.S. technology, including... Read more ›
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Agility, which makes humanoid robots for warehouses, is raising $150 million at about a $1 billion valuation in a funding round led by DCVC, Bloomberg reported. Agility was last valued at $550 million in 2022, according to PitchBook. The talks add to a string of fundraising discussions by ... Read more ›
0
We’ve learned a lot lately about who CEOs like to telephone. We reported a couple of weeks ago that Microsoft CEO Satya Nadella likes to make two calls a day to CEOs of other companies, including startup chiefs, to ensure he stays up to date on the latest developments in tech. And Morgan Stanley’s former CEO and Disney chair-to-be Jim Gorman likes to call newly appointed CEOs across America to... Read more ›
0
Amazon’s top grocery executive, Tony Hoggett, plans to leave the company after less than three years, Hoggett and the company said Friday. A member of Amazon’s top leadership team, Hoggett oversees Whole Foods Market, Amazon-branded grocery and convenience stores and the company’s grocery ... Read more ›
0
Perplexity, the AI-powered search engine startup that is reportedly raising a new round at a valuation of at least $8 billion, was a hot acquisition target last year, The Information reported Friday. X, Notion, and OpenAI all approached Perplexity with acquisition offers of between ... Read more ›
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The Manhattan U.S. attorney’s office is investigating Tether, the issuer of the world’s biggest stablecoin, over possible violations of sanctions and anti-money-laundering rules, the Wall Street Journal reported Friday. The criminal investigation is probing whether criminals have used Tether’s ... Read more ›
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Microsoft’s board of directors reduced CEO Satya Nadella’s pay package by $5.2 million after the CEO requested the move as a way of taking responsibility for recent cybersecurity breaches, the company said in a proxy filing on Friday. The cut came out of Nadella’s cash incentive for hitting ... Read more ›
0
Autonomous vehicle company Waymo, a subsidiary of Google parent Alphabet, announced on Friday that it had raised $5.6 billion in a funding round led by its parent company. Other investors including Andreessen Horowitz, Fidelity and Silver Lake also participated in the fundraising, according to ... Read more ›
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Aravind Srinivas didn’t set out to earn a reputation as one of the media’s biggest tech villains. It just kind of happened. Over the summer, Forbes and Wired angrily accused Srivinas’ AI search startup, Perplexity, of plagiarizing their paywalled content. In one case, Perplexity had lifted portions of a Forbes story and used it in a new product that summarizes news stories. In the other instance, a Wired reporter found... Read more ›
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Meta Platforms has reached a deal with Reuters to use its news content for Meta’s AI chatbot, a Meta spokesperson confirmed Friday. The deal, first reported by Axios, means that people in the U.S. who ask Meta’s AI chatbot questions about news and current events will receive responses that ... Read more ›
0
Most popular sources
Business Insider
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24% 29 |
Financial Times
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16% 16 |
The Verge
|
15% 10 |
Gizmodo
|
9% 1 |
Tom's Hardware
|
9% 5 |
| View sources » | |
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24.11.2024 05:57
Last update: 05:50 EDT.
News rating updated: 12:50.
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