December 2023

AssemblyAI lands $50M to build and serve AI speech models

December 4, 2023

Companies are betting big on generative AI to gain a competitive edge. But adoption challenges remain. According to a recent survey from EY, a significant portion of businesses looking to embrace generative AI say that the field’s rapid progress — and the surge in vendors claiming to have AI expertise — is complicating their deployment […]

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Tesla’s cheapest vehicle is losing half its tax credit next year

December 4, 2023

Tesla’s lowest-priced vehicle, the rear-wheel drive Model 3, won’t be eligible for the full $7,500 federal tax credit as of next year.  Tesla started warning buyers (and window shoppers) on Monday that the Inflation Reduction Act credit for its cheapest Model 3, as well as the long range variant, will drop to $3,750 for deliveries […]

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Twilio lays off another 5% of employees following activist pressure

December 4, 2023

Just a few hours after Spotify announced a large round of layoffs, Twilio is also announcing hundreds of job cuts. Around 5% of the company’s workforce will be impacted. Today’s news proves that we’re not done with tech layoffs. And this isn’t even Twilio’s first round of layoffs as the company cut around 11% of […]

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Threads downloads return to growth as X adds Walmart to its advertiser exodus

December 4, 2023

Recent efforts by Meta to grow Threads’ install base have been working. According to a new analysis of app store trends, Instagram Threads is now outpacing X, formerly Twitter, at least in terms of new downloads. App intelligence firm Apptopia indicates that, although Threads’ daily downloads had been declining since September, things have shifted in […]

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Capitalizing on machine learning with collaborative, structured enterprise tooling teams

December 4, 2023
Advances in machine learning (ML) and AI are emerging on a near-daily basis—meaning that industry, academia, government, and society writ large are evolving their understanding of the associated risks and capabilities in real time. As enterprises seek to capitalize on the potential of AI, it’s critical that they develop, maintain, and advance state-of-the-art ML practices…

Bitcoin is on the move, Spotify cuts staff, and more money floods AI

December 4, 2023

Listen here or wherever you get your podcasts. Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. And we had a lot to […]

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