Business & Technology
AI, startups, big tech, innovation, enterprise trends
Elon Musk's grand ambitions to "save humanity" through technology are increasingly juxtaposed with the darker realities of global energy markets and the scrutiny surrounding artificial intelligence. As gas prices soar amid geopolitical tensions and OPEC's enduring influence, the tech sector finds itself at a crossroads, grappling with both the promise and peril of AI technologies. With OpenAI facing challenges in user growth and revenue, the unfolding trial featuring key industry figures like Musk and Sam Altman underscores a growing backlash against AI, inviting a critical examination of its governance and ethical implications.
Articles
- Bond, a new social media platform, wants to use AI to help you kick your doomscrolling habit
Bond aims to combat doomscrolling by using AI to encourage users to engage in real-world activities instead of spending excessive time on social media.
- YouTube expands its AI likeness detection technology to celebrities
YouTube is enhancing its AI likeness detection technology to help celebrities and their representatives identify and eliminate deepfake content.
- Amazon taps Sweden’s Einride for its electric big rigs
Amazon is partnering with Swedish company Einride to utilize its electric big rigs, coinciding with Einride's upcoming merger to go public.
- Revolut eyes valuation of up to $200B in eventual IPO
Fintech giant Revolut aims for a valuation of up to $200 billion in its eventual IPO, following its recent $75 billion valuation in a secondary share sale and the acquisition of a full banking license in the U.K.
- Cash App is targeting a new kind of customer: 6-12 year olds
Cash App is expanding its services to target children aged 6-12, aiming to establish early financial habits and capture a new customer demographic in the fintech space.
- What’s the key to better vegan cheese? Microbreweries, one startup says.
AuX Labs claims to have developed a method for producing vegan cheese that closely mimics the taste and texture of traditional cheese while maintaining comparable costs.
- Yelp’s updated AI assistant can answer questions and book a restaurant or service in one conversation
Yelp's enhanced AI assistant now allows users to seamlessly ask questions about restaurants and simultaneously place orders or book tables within a single conversation.
- Blue Energy raises $380M to build grid-scale nuclear reactors in shipyards
Blue Energy aims to revolutionize nuclear power by raising $380 million to construct grid-scale reactors in shipyards, which they claim will reduce costs and improve financing options.
- Who is John Ternus, the incoming Apple CEO?
John Ternus, who will become the CEO of Apple on September 1, is a relatively unknown figure outside of dedicated Apple circles, despite taking the helm of one of the world's most valuable companies.