Today tells you a lot about the current state of Google and its parent company Alphabet. The tech giant, once the leader in artificial intelligence, unveiled its answer to OpenAIâs ChatGPT with a productâGemini Proâthat is comparable to what OpenAI released a year ago. Itâs easy to miss this nuance amid the deluge of positive press, but Googleâs more competitive productâGemini Ultraâwonât be out until January at the earliest, as... Read more âș
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You probably first came across House of Highlights years ago on Instagram after the channel posted a clip of LeBron James blocking a shot or Steph Curry hitting a three-point shot from deep. You may have also noticed these NBA stars liking and commenting on those posts. House of Highlights, or HOH for short, has become as much of a household name for many younger sports fans as ESPN.In recent... Read more âș
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Ten years ago, on December 4, 2013, The Information hit the ground sprintingâand it hasnât slowed down since. Day 1 saw the publication of a pair of instantly buzzy stories. The first, by founder and CEO Jessica Lessin, was titled âHow Apple Gives Some Apps an Edge.â The second, co-bylined by Jessica and nowâexecutive editor Amir Efrati, was headlined âGoogleâs Andy Rubin Pursues âReplicantâ Robots.â Both stories offered a hint... Read more âș
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Warner Bros. Discovery executives talked up their gaming business as a growth opportunity in a recent call with investors. That makes sense. In 2023, gaming and Hollywood increasingly overlapped in the zeitgeist: The second-highest-grossing movie of the year is âThe Super Mario Bros. Movie,â based on a videogame. âFriday Night at Freddyâs,â a horror movie based on the popular videogame franchise, recently became the highest grossing movie from Blumhouse Productions,... Read more âș
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After months of anticipation, Google executives are sharing details about Gemini, its high-stakes effort to catch up to OpenAI. Thereâs a lot to talk about but the bottom line is that Googleâs competitor to OpenAIâs GPT-4 isnât ready yet.Google today is letting developers sign up to access a miniature version of the model, named Gemini Nano, to build AI apps for Android. A bigger version of Gemini, known as Pro,... Read more âș
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Say this for 2023âit was better for tech than 2022 was. Shares of the biggest tech companies recovered, while Nvidiaâs soared, boosting the chipmakerâs market capitalization past $1 trillion. There were even a handful of initial public offerings. Chatbots powered by artificial intelligenceâmost notably OpenAIâs ChatGPTâcaptivated the public. That said, the news wasnât all good. Venture investments in startups fell for a second consecutive year, despite a surge of investment... Read more âș
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Booking Holdings and Airbnb have long resembled a father-son duo of the online travel industry. Airbnb has traditionally been the cool kid of the two, a fast-growing San Francisco media darling that customers flocked to. Its product became a verb. Bookingâwhich came from an older internet generation, marked by a utilitarian, Dutch-influenced corporate cultureâhad to advertise heavily on Google search engines in order to attract anyone. But, just as people... Read more âș
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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 âș
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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 âș
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Sequoiaâs 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 Sequoiaâs sprawling portfolio. Separately, Sequoia Heritage, the firmâs separate wealth management business, added a partner, Kevin Kelly,... Read more âș
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New PayPal CEO Alex Chriss is fast-tracking an effort to bolster the companyâs 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 âș
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If anyone knows anything about me, itâs that Iâm terrible at giving gifts. But, if I were BFFs with any of the model developers, Iâd know what would be at the top of their Christmas lists: AI chips.These pieces of specialized hardwareâknown as âgraphics processing units'' in industry parlanceâhave been the hottest commodity of 2023, so much so that VCs have been offering them to entice buzzy startups to take... Read more âș
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On Redditâs 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. âReddit is the last oneâ to survive, said Jodi Anderson, Jr., who worked in ad... Read more âș
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Whereâs the cake? Today marks The Informationâs 10th birthday, which is a milestone for any news startup, and even more so for one that has never raised outside funding. (Thatâs what you call bootstrapping.) Those of us whoâve been here through most or all of the past decade truly have empathy for tech startups. You labor in obscurity until one day you donât (hopefully!). Still, whatâs striking today is that... Read more âș
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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 âș
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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 âș
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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 âș
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Artificial intelligence is quickly becoming an indispensable tool for how we imagine and design our physical world and make it more sustainable and inclusive. Usedâand regulatedâcorrectly, AI can become societyâs 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 Bidenâs Executive Order on Artificial... Read more âș
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How much should Walt Disney Co. pay to buy Comcastâs 33% stake in Hulu, the video-streaming service best known for âOnly Murders in the Buildingâ and âThe Bearâ? Itâs 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 âș
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Over the weekend, my colleagues Jon Victor and Amir Efrati reported that Google has scrapped the launch next week of Googleâs would-be GPT-4 killer, Gemini, providing further evidence that the product has been delayed until 2024. Why? Itâs 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 itâs remarkable that Google, with... Read more âș
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27.06.2026 22:36
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