April 2023

Pinecone drops $100M investment on $750M valuation, as vector database demand grows

April 27, 2023

When Pinecone launched a vector database aimed at data scientists in 2021, it was probably ahead of its time. But as the use cases began to take shape last year, the company began pushing AI-driven semantic search. With the rise of LLMs in the public consciousness, companies are beginning to see the value of vector […]

Pinecone drops $100M investment on $750M valuation, as vector database demand grows by Ron Miller originally published on TechCrunch

Instagram and Facebook will force their checkout experience on Shops soon

April 27, 2023

Meta announced today that it will be phasing out onboarding of new Shops without checkout on Facebook and Instagram enabled. Beginning June 5, onboarding of new shops via Commerce Manager and Shopify will only be with checkout on Facebook and Instagram enabled. By August 10, onboarding of new shops via all other partners will only […]

Instagram and Facebook will force their checkout experience on Shops soon by Aisha Malik originally published on TechCrunch

Dropbox lays off 500 employees, 16% of staff, CEO says due to slowing growth and ‘the era of AI’

April 27, 2023

Cloud storage giant Dropbox today joined the fray of tech companies announcing layoffs. The company today announced that it would be laying off 16% of its staff, equivalent to about 500 employees, due to slowing growth, and — in the words of CEO Drew Houston — because “the AI era of computing has finally arrived.” […]

Dropbox lays off 500 employees, 16% of staff, CEO says due to slowing growth and ‘the era of AI’ by Ingrid Lunden originally published on TechCrunch

The flawed logic of rushing out extreme climate solutions

April 27, 2023
Early last year, entrepreneur Luke Iseman says, he released a pair of sulfur dioxide–filled weather balloons from Mexico’s Baja California peninsula, in the hope that they’d burst miles above Earth.  It was a trivial act in itself, involving far less of the gas than a commercial airliner releases. But the launch was imbued with meaning,…