XOi raises $230M, acquires Specifx to expand its tech for field service technicians
Field service engineers may not be the first group of customers that come to mind when you think about lucrative opportunities in B2B technology. But that same blind spot speaks of the opportunity in the space for those who are stepping up and targeting “the job site.” One of the players in that space, XOi […]
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Apple will pay $20M to settle Watch battery swelling suit, ‘denies wrongdoing’
Apple has agreed to pay $20 million to resolve a class-action lawsuit over battery swelling on the Apple Watch. Filed in the U.S. District Court for the Northern District of California in 2019, the suit alleges that the problem affected the first four Apple Watch models. Battery swelling is pretty much what it sounds like: […]
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Meta turns to solar — again — in its data center-building boom
The announcement comes as Meta CEO Mark Zuckerberg maintains the company’s ambitious AI strategy, which will require hefty capital investments in data centers.
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Stablecoins are finding product market fit in emerging markets
Five years ago, SpaceX launched Starlink, which has since grown into its biggest revenue driver, expanding to over 100 countries. But as Starlink scaled, it faced a major hurdle: accepting payments in developing markets, where traditional banking infrastructure is unreliable, slow, and prone to blocking transactions. Many local banks across Africa, Latin America and Asia […]
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Following the lead of DeepSeek, OpenAI makes its reasoning model free
The Unspoken Truths of Startup Failures — 10 Cautionary Tales That Will Make You Rethink What Success Truly Means
Boost Your Profits and Customer Loyalty With These 6 Business Strategies
This investor wants you to sign an NDA to build legos together
Investor, former GitHub CEO, and all around Tech Guy™ Nat Friedman has posted a strangely enticing offer on X. His post reads, “Need volunteers to come to my office in Palo Alto today to construct a 5000 piece Lego set. Will provide pizza. Have to sign NDA. Please DM.” Thanks to the investigative reporting of […]
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Sam Altman’s ousting from OpenAI has entered the cultural zeitgeist
The lights dimmed as five actors took their places around a table on a makeshift stage in a New York City art gallery turned theater for the night. Wine and water flowed through the intimate space as the house — packed with media — sat to witness the premiere of “Doomers,” Matthew Gasda’s latest play […]
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OpenAI launches o3-mini, its latest ‘reasoning’ model
OpenAI on Friday launched a new AI “reasoning” model, o3-mini, the latest in the company’s o1 family of reasoning models.
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