Big tech's desperate scramble for AI talent: The fight to hire the best AI talent is heating up, and it looks like Big Tech — and big paychecks — are winning out ...
businessinsider.com/inside-the-ai-hiring-frenzy-big-tech-talent-war-2024-3
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Elon Musk’s xAI to Open-Source Its Grok Chatbot, in Latest Swipe at OpenAI: The move will be seen as another salvo in the long-simmering feud between Musk and ...
on.wsj.com/3TwP530
Quick Glance: Elon Musk to Open-Source Grok by xAI this Week
- Elon Musk announces that xAI will open-source Grok, its ChatGPT rival, this week.
- The Musk-OpenAI dispute has sparked a debate on open-source AI.
- The decision to open-source Grok will help xAI join the list of companies publishing their chatbot codes.
- Musk has been a long-time advocate for open-source, with Tesla and X also open-sourcing parts of their technologies.
Who are OpenAI's new board members?: Sam Altman is rejoining the board of ChatGPT-maker OpenAI along with three new directors, as the startup tries to move past ...
reuters.com/technology/who-are-openais-new-board-members-2024-03-11/
South by Southwest: Germany shows little flag in Texas: No “German Haus” and no major role in the start-up competition: Germany is hardly present at South by ...
faz.net/aktuell/wirtschaft/unternehmen/digitalfestival-in-austin-schwache-deutsche-praesenz-auf-south-by-southwest-19579116.html
‘Brazenly disloyal’: Meta sues former vice president over alleged stolen documents
mercurynews.com/2024/03/12/meta-sues-former-employee-over-alleged-stolen-documents/
Indian-origin techie quits ₹6.6 crore Meta job, opens startup: Rahul Pandey joined the tech giant in August 2017 and resigned in January last year ...
hindustantimes.com/technology/indianorigin-techie-left-rs-6-6-crore-meta-job-built-his-own-startup-heres-why-101698633409004.html
Elon Musk says the first human has received a brain implant from his Neuralink startup
cnn.com/2024/01/30/business/elon-musk-brain-implant-neuralink-intl-hnk/
Quick Glance: Neuralink Implants Brain Chip in First Human, Musk Confirms
- First successful implantation of a brain chip in a human patient by Neuralink founder Elon Musk.
- The company received approval in September to recruit participants for a human trial with paralysis patients.
- The brain-computer interface (BCI) implant is placed in a region of the brain that controls the intention to move.
- The first product from Neuralink will be called Telepathy, according to Musk.
These startups had to file for bankruptcy in 2024: In the first two months of the new year, the number of insolvency applications in the country's local courts ...
businessinsider.de/gruenderszene/business/startup-insolvenzen-2024-februar/
Ola founder’s Krutrim becomes first AI unicorn startup; Raises $50 million at a valuation of $1 billion
financialexpress.com/life/technology-ola-founders-krutrim-becomes-first-ai-unicorn-startup-raises-50-million-at-a-valuation-of1-billion-3376172/
Fidelity cuts Meta-backed Meesho valuation to $3.5 billion: Fidelity has cut the value of its holding in Meesho by 33.6% since the original investment ...
techcrunch.com/2024/01/29/fidelity-cuts-india-meesho-valuation-to-3-5-billion/
How a browser startup is taking on Google search: Today, we're talking about Arc's new mobile app vs. Google search; why Reddit's IPO might ...
techcrunch.com/2024/01/29/how-a-browser-startup-is-taking-on-google-search/
We are riding the new Aera electric bike from Ahmedabad-based startup Matter. This is India’s first e-motorcycle with a 4-speed gearbox ... Show more
Budget 2024 Expectations Live Updates: Sectors and citizens await Nirmala Sitharaman’s fiscal roadmap
financialexpress.com/budget/budget-2024-expectations-live-updates-interim-budget-live-infrastructure-railways-education-healthcare-auto-nirmala-sitharaman-budget-speech-3379348/
When startups cannot operate without grants : Many startups fail to shade off reliance on grants, which in the end impacts their operations ...
monitor.co.ug/uganda/business/prosper/when-startups-cannot-operate-without-grants--4508046
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Germany needs to attract innovative start-ups, experts say. Which hurdles are immigrant founders facing? #GermanyExplained
Instagram co-founders’ news aggregation startup Artifact to shut down: Artifact, the news aggregator-turned social network from Instagram’s founders ...
techcrunch.com/2024/01/12/instagram-co-founders-news-aggregation-startup-artifact-to-shut-down/
The pitch deck that new social media platform Seam used to get $2.5M: Seam Social is a new social-media platform where users can code their own experiences.
businessinsider.com/read-pitch-deck-new-social-media-web3-platform-seam-seed-2023-12
The major tech platforms have the power to make and break the startups that rely on them. Just ask Joe Speiser and the former staff of LittleThings. on.inc.com/qNfFSjU
Strategy, Not Technology, Is the Key to Winning with GenAI: The explosion of AI startups in dozens of sectors masks something many of them share: They are ...
hbr.org/2023/12/strategy-not-technology-is-the-key-to-winning-with-genai
Deals Digest: PE/VC capital flow rises on a low base: VCCircle is India leading source Latest Indian Financial News,Startup Funding,Real Estate,Funding news ...
vccircle.com/dealsdigest-pe-vc-deals-flow-rise-on-a-low-base-seen-last-week
China's Moore Threads valued at $3.4 bln in funding before U.S. curbs - sources: Chinese chip design startup Moore Threads agreed a capital raise that brought ...
reuters.com/technology/chinas-moore-threads-valued-34-bln-funding-before-us-curbs-sources-2023-11-16/
Many startups build on top of OpenAI's models, and are looking at alternatives from Anthropic and Meta in the wake of Sam Altman's ouster.
Cult.fit’s fitness services business turns cash-flow positive, eyes 50% growth in FY24
vccircle.com/cultfit-s-fitness-services-business-turns-cash-flow-positive-eyes-50-growth-in-fy24
Facebook Gave His Company Hyper-Growth -- and Then Killed It Just as Fast: The major tech platforms have the power to make and break the startups that rely on ...
inc.com/magazine/202311/issie-lapowsky/facebook-gave-his-company-hyper-growth-and-then-killed-it-just-as-fast.html
Meta's Threads goes live, OpenAI launches GPT-4 and Pornhub blocks access: In this edition of TechCrunch's Week in Review (WiR) newsletter ...
techcrunch.com/2023/07/08/metas-threads-goes-live-openai-launches-gpt-4-and-pornhub-blocks-access/
Quick Glance: Twitter traffic drops after Musk takeover, Threads debut
- Twitter's traffic has significantly decreased since billionaire Elon Musk took control of the social media platform last fall, with long-time tweeters switching to alternative platforms like Meta's Threads.
- Twitter's declining numbers come as Meta officially launches Threads, widely seen as a new competitor to Twitter, which debuted last week.
- As of Monday, Twitter is currently ranked 37th in Cloudflare's list of top 100 domains, coinciding with the unpopular changes made by Musk to the site in recent months and the launch of Threads and other Twitter alternatives.
- Earlier this month, Twitter, which Musk officially purchased last October, faced backlash from its users when the platform imposed a rate limit on the number of posts different account tiers could read each day, as reported by The Guardian.
Oculus cofounder Nate Mitchell's Mountaintop Studios raises funding: Nate Mitchell was the last Oculus cofounder to leave Meta in 2019, five years after the VR ...
businessinsider.com/oculus-cofounder-nate-mitchell-startup-mountaintop-studios-raises-2023-10
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1 in 5 companies founded in 2021 closed within the year—a story all too familiar in the US
star-telegram.com/news/business/article279484184.html
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Kustomer, the CRM startup acquired by Meta last year for $1B, spins out on a $250M valuation
techcrunch.com/2023/05/16/kustomer-meta-spin-out/
Robotaxis hit a speedbump, crypto is down, and tech IPOs may be on the horizon: Listen here or wherever you get your podcasts. Hello, and welcome back to Equity ...
techcrunch.com/2023/08/21/robotaxis-hit-a-speedbump-crypto-is-down-and-tech-ipos-may-be-on-the-horizon/
Meta settles startup's lawsuit over artificial-intelligence trade secrets: Meta Platforms (META.O) has settled a lawsuit brought by an artificial-intelligence ...
reuters.com/legal/transactional/meta-settles-startups-lawsuit-over-artificial-intelligence-trade-secrets-2023-08-09/
What's behind digital health’s funding freefall: Many digital health companies haven’t been able to successfully commercialize their products and sell them to ...
modernhealthcare.com/digital-health/digital-health-startups-funding-2023
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Announcing the SaaS Stage agenda at TechCrunch Disrupt 2023
TechCrunch: TechCrunch | Reporting on the business of technology, startups, venture capital funding, and Silicon Valley
techcrunch.com/
Threads hits 100M users, pedestrians fight back against AVs, and VanMoof skids off course
techcrunch.com/2023/07/15/threads-hits-100m-users-pedestrians-fight-back-against-avs-and-vanmoof-skids-off-course/
Threads, a Slack alternative completely unrelated to Instagram, has seen downloads surge
techcrunch.com/2023/07/15/threads-a-slack-alternative-completely-unrelated-to-instagram-has-seen-downloads-surge/
After a victorious battle with the FTC, Mark Zuckerberg finally gets to buy that VR startup
fortune.com/2023/02/06/meta-buying-vr-startup-within-unlimited-after-ftc-battle/
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Meta launches mixed reality program in India with $250k grant: Meta is launching a new Mixed Reality program in India that comes with a $250 ...
indianexpress.com/article/technology/tech-news-technology/meta-mixed-reality-program-india-grant-8690261/
After a victorious battle with the FTC, Mark Zuckerberg finally gets to buy that VR startup
fortune.com/2023/02/06/meta-buying-vr-startup-within-unlimited-after-ftc-battle/
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It's not just hype, corporate America is making huge bets on AI transforming their businesses
techcrunch.com/2023/06/16/ai-transformating-corporate-america/
African space tech? Don't rule it out, says Nigeria's startup king: The gloomy figures do not dim Aboyeji's confidence
monitor.co.ug/uganda/news/african-space-tech-don-t-rule-it-out-says-nigeria-s-startup-king-4262788
The likely winners of the generative AI gold rush: Small, specialist models that are cheap to train and fast to run may win out over the broader Big Tech ...
ft.com/content/0cbe91ec-0971-4ba6-bdf1-87855aedd34c
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Quick Glance: Charlie Munger doubts AI: 'Traditional intelligence works pretty well'
- Billionaire investors Warren Buffett and Charlie Munger are not hopping onto the AI hype train.
- Munger personally expresses skepticism towards some of the AI hype.
- Buffett has previously questioned the societal benefits of AI technology like ChatGPT.
- Buffett and Munger are not alone in their concerns regarding the rapid development of AI technology.
Atlanta investors are bullish on where the city's startup scene is headed: Two Atlanta-based VCs talk about the strengths of the city's growing ...
techcrunch.com/2023/06/07/atlanta-investors-are-bullish-on-where-the-citys-startup-scene-is-headed/
Windows adds support for RAR, Netflix cracks down on passwords, and Meta lays off workers
techcrunch.com/2023/05/27/windows-adds-support-for-rar-netflix-cracks-down-on-passwords-and-meta-lays-off-workers/
What is bio-oil, and why does Big Tech think it can fight climate change?: Alphabet, Meta, and other big tech companies have inked a deal with San Francisco ...
theverge.com/2023/5/18/23727327/bio-oil-climate-change-charm-industrial-frontier-meta-stripe-alphabet-shopify
Down rounds are a 'ticket to try again,' says founder who raised 3 in a row
techcrunch.com/2023/05/05/down-rounds-are-not-bad/
How a small Dunedin startup helped break TikTok into the US: A very strange journey that all began at a gym in Central Otago.
thespinoff.co.nz/business/29-04-2023/how-a-small-dunedin-startup-helped-break-tiktok-into-the-us
Entrepreneurs, Stop Building And Chasing Weak Business Models. Do This Instead: Look for ways to generate real revenue with an early customer to test out not ...
forbes.com/sites/bernhardschroeder/2023/04/08/entrepreneurs-stop-building-and-chasing-weak-business-models-do-this-instead/
How a small Dunedin startup helped break TikTok into the US: A very strange journey that all began at a gym in Central Otago.
thespinoff.co.nz/business/29-04-2023/how-a-small-dunedin-startup-helped-break-tiktok-into-the-us
What is this, revenue growth for ants?: Growth matters, but given the macroeconomic climate, smaller numbers are apparently OK as long as there are clear factors ...
techcrunch.com/2023/04/27/meta-google-microsoft-earnings-analysis/
Google AI teams are experiencing a brain drain as researchers leave: Google has long been a leader in AI innovation. Now, the company is seeing some of its top ...
businessinsider.com/google-ai-teams-brain-drain-researchers-leave-2023-3
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Microsoft’s big bet on AI could bring ChatGPT to the masses: Buzzy AI tools like ChatGPT could be coming soon to a workplace near you, as Microsoft makes a big ...
washingtonpost.com/technology/2023/01/21/microsoft-office-chatgpt-openai/
GPT-4 to launch this week says Microsoft Germany's CTO: Plus: DuckDuckGo launches its own AI web search chatbot, and more
theregister.com/2023/03/13/in_brief_ai/
Meta must face trial over AI trade secrets, judge says | Mint: Meta Platforms Inc will have to face a trial over accusations that it stole confidential ...
livemint.com/companies/news/meta-must-face-trial-over-ai-trade-secrets-judge-says-11678155172339.html
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Telehealth startup Cerebral had a HIPAA-violating data breach: Hello, HIPAA violation!
mashable.com/article/telehealth-data-breach-cerebral-tiktok-meta-facebook
Pennylane: Fintech set to raise new round led by DST, sources say: The French startup has grown rapidly since it was founded less than three years ago and ...
businessinsider.com/pennylane-fintech-set-to-raise-new-round-led-by-dst-sources-say-2023-3
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Baby bottle company claims to have a fix for breast feeding woes. They're emulating the experience.
usatoday.com/story/tech/2022/11/15/baby-bottle-breast-feeding-startup-technology-emulait/10652126002/
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Worried about the economy? These 5 successful companies were started during the Great Recession
cnbc.com/2022/12/29/uber-to-venmo-successful-companies-started-during-great-recession.html
I Found the Perfect Replacement for Twitter. It’s LinkedIn: In a fragmented online world, the professional social network is finding mass appeal.
wired.com/story/twitter-alternatives-linkedin/
Meta Notches Win as FTC Drops Challenge to Virtual-Reality Deal: The Federal Trade Commission voted to withdraw an antitrust complaint challenging Meta Platforms ...
bloomberg.com/news/articles/2023-02-24/meta-notches-win-as-ftc-drops-challenge-of-virtual-reality-buy
Higher costs no deterrent for startups using WhatsApp, Twitter for business: Higher costs are no deterrent for startups taking the social media route for ...
financialexpress.com/industry/higher-costs-no-deterrent-for-startups-using-whatsapp-twitter-for-business/2992873/
Meta technology chief Bosworth implies company has lost focus: Meta technology chief Andrew "Boz" Bosworth is wistful for the days when Facebook was a startup ...
cnbc.com/2023/01/31/meta-cto-andrew-bosworth-writes-facebook-of-old-had-focus-in-blog-post.html
Quick Glance: Meta outperforms sales expectations, resulting in a 20% increase in share price.
- Last quarter, the Meta division reported an operating loss of approximately $4.3 billion.
- Meta also increased share buybacks by $40 billion (36.3 billion euros), and founder and CEO Mark Zuckerberg hinted at further cost cuts.
- Bottom line, quarterly profit dropped 55% to $4.65 billion (4.2 billion euros).
- According to chief financial officer Susan Li, this included restructuring costs. The operating loss for 2022 totaled 13.7 billion US dollars (12.5 billion euros) on sales of only 2.16 billion dollars (1.96 billion euros).
Meta has massive plans for VR, despite users not being that into it: The company has three new VR headsets in the pipeline.
mashable.com/article/meta-new-quest-glasses-vr
'Great result': Funding secured for Oamaru Hospital: A new funding contract has been agreed to keep the doors open at Oamaru Hospital ...
odt.co.nz/regions/north-otago/great-result-funding-secured-oamaru-hospital
Buy Nothing, a project created by two women from Bainbridge Island, Washington, was intended to revive old-fashioned sharing among neighbors ... Show more
Report: Meta wins ruling against FTC to move forward with purchase of VR startup Within
techcrunch.com/2023/02/01/report-meta-wins-ruling-against-ftc-to-move-forward-with-purchase-of-vr-startup-within/
After court loss, FTC dismisses Meta-Within case: The regulator will not try to pursue its case against the deal in an internal court.
axios.com/2023/02/24/ftc-meta-within-case-dismissed
Salesforce’s Bret Taylor to Start AI Firm With Departing Google VP: Bret Taylor, who recently resigned as co-chief executive officer at Salesforce Inc. ...
bloomberg.com/news/articles/2023-02-08/salesforce-s-bret-taylor-to-start-ai-firm-with-clay-bavor-of-google
Court explains decision to let Meta acquire VR firm: Meta prevailed over a Federal Trade Commission effort to apply antitrust law to emerging markets.
axios.com/2023/02/06/meta-within-deal-court-ruling
FTC Loses Antitrust Challenge to Facebook Parent Meta: Judge denies agency’s request for injunction blocking Meta’s proposed acquisition of virtual-reality ...
wsj.com/articles/ftc-loses-antitrust-challenge-to-facebook-parent-meta-11675272525
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Meta to buy VR startup Within after favorable court ruling: A federal judge has sided with Facebook parent Meta and cleared the way for the company to buy ...
pressdemocrat.com/article/business/meta-to-buy-vr-startup-within-after-favorable-court-ruling/
Big Tech's hiring freeze unlocks rich talent pool for U.S. startups: Late-stage U.S. startups are scooping up talent unlocked by layoffs and hiring freezes at ...
reuters.com/technology/big-techs-hiring-freeze-unlocks-rich-talent-pool-us-startups-2022-10-13/
Startup founder tells Elon he'll pay $100 for old Twitter back: Nikita Bier, whose startups have been acquired by Discord and Facebook, isn't a fan of the ...
businessinsider.com/startup-founder-tells-elon-musk-pay-old-twitter-version-back-2023-1
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Meta reportedly wins fight to buy VR startup Within: A judge has denied the FTC’s request to block Meta’s acquisition of VR startup Within ...
theverge.com/2023/2/1/23575041/meta-within-vr-acquisition-ftc-antitrust-lawsuit-injunction-denied
Big Tech was moving cautiously on AI. Then came ChatGPT.: Google, Facebook and Microsoft have used AI in their products for years. But OpenAI's ChatGPT is ...
washingtonpost.com/technology/2023/01/27/chatgpt-google-meta/
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