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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Spotify is simply tinkering with its economics so that it is more attractive to investors. That means it needs to pay fewer salaries.
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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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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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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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For LatAm startups, investments from foreign VCs can bring in experienced advisers and contributors who can help the company expand to new markets.
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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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Up Catalyst can tweak the basic process to also manufacture carbon nanotubes for paint or reinforced concrete, as well as graphite tailored to hydrogen fuel cells.
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