Month: April 2023

Inside Miami Tech Week, where more attention was devoted to AI than crypto this year and the tech downturn was hardly noticeable despite a plunge in VC funding (Lizette Chapman/Bloomberg)

Lizette Chapman / Bloomberg: Inside Miami Tech Week, where more attention was devoted to AI than crypto this year and the tech downturn was hardly noticeable despite a plunge in VC funding  —  It was not a good quarter for Miami startups.  Venture investment in the area plunged 92% during the first three months …

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The Nuts and Bolts of Nuts and Bolts

If you’re a mechanical engineer, the material covered in this video on the basics of bolted joints probably won’t cover any new ground. On the other hand, if you aren’t a mechanical engineer but still need to bring a little of that discipline to your projects, there’s a lot to learn here. If there’s one

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Apple drops its lawsuit against Gerard Williams III, a former Apple chip executive who allegedly poached its employees and used company resources to start Nuvia (Joel Rosenblatt/Bloomberg)

Joel Rosenblatt / Bloomberg: Apple drops its lawsuit against Gerard Williams III, a former Apple chip executive who allegedly poached its employees and used company resources to start Nuvia  —  Apple Inc. dropped its lawsuit against a former chip executive the company sued for allegedly poaching its employees for a startup.

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Interviews with lawmakers and sources reveal how, over just 11 days, MEPs created a draft bill on generative AI, a rare example of quick consensus in the EU (Reuters)

Reuters: Interviews with lawmakers and sources reveal how, over just 11 days, MEPs created a draft bill on generative AI, a rare example of quick consensus in the EU  —  As recently as February, generative AI did not feature prominently in EU lawmakers’ plans for regulating generative artificial intelligence (AI) technologies such as ChatGPT.

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Soldering Station Designed Around Batteries

Companies now are looking to secure revenue streams by sneakily locking customers into as many recurring services as possible. Subscription software, OS ecosystems, music streaming, and even food delivery companies all want to lock consumers in to these types of services. Battery-operated power tools are no different as there’s often a cycle of buying tools

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Docs and sources: OpenAI closed a $300M+ share sale at a $27B-$29B valuation; backers include Tiger Global, Sequoia, a16z, Thrive, K2 Global, and Founders Fund (TechCrunch)

TechCrunch: Docs and sources: OpenAI closed a $300M+ share sale at a $27B-$29B valuation; backers include Tiger Global, Sequoia, a16z, Thrive, K2 Global, and Founders Fund  —  Updated to note that the Microsoft investment closed in January.  The money from VCs reported here, part of a tender offer, is separate to that.

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Source: IRL CEO Abraham Shafi has stepped down, following allegations the messaging startup used bots to inflate the users it reported publicly and to investors (Mark Matousek/The Information)

Mark Matousek / The Information: Source: IRL CEO Abraham Shafi has stepped down, following allegations the messaging startup used bots to inflate the users it reported publicly and to investors  —  Abraham Shafi has stepped down as CEO of messaging app IRL following allegations that the company used bots to inflate the users …

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Soldering Station Designed Around Batteries

Companies now are looking to secure revenue streams by sneakily locking customers into as many recurring services as possible. Subscription software, OS ecosystems, music streaming, and even food delivery companies all want to lock consumers in to these types of services. Battery-operated power tools are no different as there’s often a cycle of buying tools

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Filing and sources: drone delivery startup Zipline is raising a $330M Series F at a ~$4.2B valuation, up from its $2.7B valuation for its Series E in June 2021 (Forbes)

Forbes: Filing and sources: drone delivery startup Zipline is raising a $330M Series F at a ~$4.2B valuation, up from its $2.7B valuation for its Series E in June 2021  —  The funding, revealed in a filing, shows that the logistics company priced a $330 million Series F funding round in April.

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How Business Owners Can Leverage AI To Avoid Being Left Behind

Artificial Intelligence (AI) systems have become synonymous with regenerative efforts that aim to help business owners streamline their operations and assist marketers with developing more foolproof strategies to garner attention from the right target audience. Over the last decade, and perhaps more so within the last several years, AI systems have rapidly become an implementation for businesses

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Instagram is testing songs in photo carousels

Illustration: Alex Castro / The Verge Instagram is testing a new feature that will let you add songs to the photo carousels you post to the platform. Meta CEO Mark Zuckerberg announced the news on his Instagram broadcast channel, noting that it’s already available in a “few countries with more to come.” While Instagram already

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The Advantages and Disadvantages of ChatGPT

After launching in late 2022, ChatGPT has become all the rage. Using the cutting-edge artificial intelligence chatbot, you can do everything from holding a conversation to writing an entire term paper in minutes. Plus, ChatGPT can do many things you didn’t know it could, like create a brand logo and compose music. Bill Gates says ChatGPT is one

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