Apple urges court to suspend ruling that bars it from taking a cut on external app payments
Apple is trying to delay a court ruling that forces the company to let iOS app developers accept payments via non-Apple systems and avoid paying a cut.
Meta is adding AI-powered summaries to WhatsApp
Meta announced on Wednesday that it’s adding an AI-powered summaries feature to WhatsApp. The optional new feature uses Meta AI to summarize unread messages in a chat. This summary would only be visible to you, not others in your chat, the company notes. The feature builds on the AI technology that Meta released in April, […]
TopTechTrends
What Spain’s blackout says about the grid
At roughly midday on Monday, April 28, the lights went out in Spain. The grid blackout, which extended into parts of Portugal and France, affected tens of millions of people—flights were grounded, cell networks went down, and businesses closed for the day. Over a week later, officials still aren’t entirely sure what happened, but some…
How to build a better AI benchmark
It’s not easy being one of Silicon Valley’s favorite benchmarks. SWE-Bench (pronounced “swee bench”) launched in November 2024 to evaluate an AI model’s coding skill, using more than 2,000 real-world programming problems pulled from the public GitHub repositories of 12 different Python-based projects. In the months since then, it’s quickly become one of the most…
Bosch Ventures’ new $270M fund is turning its attention to North America
The venture arm of Bosch has a new $270 million fund that will continue in its tradition of investing in deep-tech startups. And this time, Bosch Ventures plans to put more of its money into North American startups. Bosch Ventures, which launched in 2007, is on its sixth fund. And while the corporate VC is […]
Instacart CEO Fidji Simo is joining OpenAI
Simo, already a board member at OpenAI, will transition out of Instacart over the next few months and join the AI company full-time as Application CEO.
I Faced Burnout, Chaos and ADHD — Then My Leadership (and Startup) Took Off
Turning inner obstacles into breakthroughs has been a pivotal part of my journey as a founder. These four key principles helped.
The Fed Kept Rates Unchanged, But an Industry Veteran Says ‘Mortgage Rates Will Drop.’ Here’s Why.
Federal Reserve Chair Jerome Powell said the Fed was taking a “wait and see” approach.
Fastino trains AI models on cheap gaming GPUs and just raised $17.5M led by Khosla
Tech giants like to boast about trillion-parameter AI models that require massive and expensive GPU clusters. But Fastino is taking a different approach. The Palo Alto-based startup says it’s invented a new kind of AI model architecture that’s intentionally small and task-specific. The models are so small they’re trained with low-end gaming GPUs worth less […]
Stripe unveils AI foundation model for payments, reveals ‘deeper partnership’ with Nvidia
Fintech giant Stripe announced Wednesday a slew of new product launches at its annual Stripe Sessions user event. The highlights include: a new AI foundation model for payments; stablecoin-powered accounts; a new Orchestration offering, and a recent migration with chip behemoth Nvidia. Stripe’s payments foundation model has been trained on tens of billions of transactions, […]
Tesla’s ‘Robotaxi’ and ‘Cybercab’ trademarks hit roadblocks ahead of June launch
Tesla’s attempt to trademark the term “Robotaxi” in reference to its vehicles has been refused by the U.S. Patent and Trademark Office for being too generic, according to a new filing. Another application by Tesla to trademark the term “Robotaxi” for its upcoming ride-hailing service is still under examination by the office. In addition, applications […]