Health Insurance Costs Hit a 15-Year High. Companies Are Changing How They Cover Employees.
More than 20,000 companies switched to HRAs this year alone, giving employees cash instead of a company-selected plan.
The Download: failed social media bans, and extending pets’ lives
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Kids are outsmarting social media bans. That’s not a problem we need to solve. —Michal Luria, Aliya Bhatia, and Danah Boyd Social media bans are stacking up. In July, France joined…
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Groq raises $350M to fuel its pivot from AI chips to neocloud
Groq raised $350 million at a $3.5 billion valuation as the former AI chipmaker pivots to a neocloud business and expands its Nvidia-powered data center footprint.
People Want AI to Help Them Grow, Not Just Get Things Done. Almost Nobody Is Solving for That.
A 81,000-person study found personal growth ranks second on the list of what people want from AI. Only 6% say AI has actually delivered on it.
His Business Is a ‘Love Letter’ to His Late Mother. It Sold Out and Hit $500K in Sales After Beyoncé’s Mom Gave It a Boost.
Kahh Spence didn’t launch the brand many people expected of him.
Here’s How Job Applicants Are Trying to Make Their Resumes Stand Out: ‘There’s No Way to Fight It’
One professor created a free AI training program and expected 500 sign-ups. What happened next surprised him.
Nvidia investing $1.5B in SoftBank data center developer behind OpenAI project
Nvidia’s investment in SoftBank’s data center developer will guarantee its chips power an OpenAI data center.
Terra Industries closes $52M seed round to build defense infrastructure for the Global South
African defense tech company Terra Industries announced an additional $18 million in funding, bringing its seed round to $52 million.
WordPress.com targets the next generation of web creators with a free student plan
WordPress.com Education lets teachers offer their students free domains, plugin support and professional website-building tools.
Jeff Bezos Owns $234 Million Worth of Property on This Island. But Even He Can’t Get Into Its Exclusive Country Club.
Indian Creek Country Club in Miami has rejected some of the wealthiest people on earth.
Why Are People Paying So Much More for Sports Teams? It’s Not for a Love of the Game.
The Lakers just sold for $12.5 billion, 25% more than last year’s record sale. What’s driving the sudden price surge?