May 2023

Undercover in the metaverse

May 1, 2023
This article is from The Technocrat, MIT Technology Review’s weekly tech policy newsletter about power, politics, and Silicon Valley. To receive it in your inbox every Friday, sign up here. I recently published a story about a new kind of job that’s becoming essential at the frontier of the internet: the role of metaverse content…

Deep learning pioneer Geoffrey Hinton quits Google

May 1, 2023
Geoffrey Hinton, a VP and Engineering Fellow at Google, and a pioneer of deep learning who developed some of the most important techniques at the heart of modern AI, is leaving the company after 10 years, the New York Times reported today. Hinton, who will be speaking live to MIT Technology Review in his first…

Regulators close First Republic Bank, JPMorgan named as the buyer of $330B assets and deposits, FDIC on the hook for $13B

May 1, 2023

First Republic Bank (FRB), on the brink of collapse in the weeks after the Silicon Valley Bank crisis, has finally fallen over, but with a relatively quick resolution into its next chapter: today the Federal Deposit Insurance Corporation (FDIC) announced that it was being closed by the the California Department of Financial Protection and Innovation, […]

Regulators close First Republic Bank, JPMorgan named as the buyer of $330B assets and deposits, FDIC on the hook for $13B by Ingrid Lunden originally published on TechCrunch

AI platform to analyze creative advertising raises $5.1M from investors, including a16z

May 1, 2023

In this increasingly AI-driven era, creative and media teams will probably need to employ the technology to up their game on analyzing their creative assets and A/B testing — or someone else will simply beat them to the punch. Alison is a startup out of Israel that analyzes creative work, such as typeface characters, colors, […]

AI platform to analyze creative advertising raises $5.1M from investors, including a16z by Mike Butcher originally published on TechCrunch

2 Rotten Stocks to Sell Now Before They Spoil More

May 1, 2023
Given the uncertain macroeconomic climate and persistent inflation, fundamentally weak food stocks BRC (BRCC) and Save Foods (SVFD) are expected to remain under pressure. Therefore, it could be best to…