OpenAI CEO Sam Altman admits that AI’s benefits may not be widely distributed
In a new essay on his personal blog, OpenAI CEO Sam Altman said the company is open to a “compute budget,” among other “strange-sounding” ideas, to “enable everyone on Earth to use a lot of AI” and ensure the benefits of the technology are widely distributed. “The historical impact of technological progress suggests that most […]
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Checkfirst raises $1.5M pre-seed, applying AI to remote inspections and audits
Checkfirst enables businesses to schedule inspectors based on geographical location and qualifications, in addition to allowing for remote inspections.
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Controversial drone company Xtend leans into defense with new $40M round
Close to a decade ago, brothers Aviv and Matteo Shapira co-founded Replay, a company that created a video format for 360-degree replays — the sorts of replays that have become part and parcel of major sports broadcasts. Replay caught the attention of Intel, which acquired the company in 2016 for a reported $175 million, and […]
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Mycocycle uses mushrooms to upcycle old tires and construction waste
The startup’s fungi use their mycelium to consume oil-based rubbers and plastics, creating new bio-based materials in the process.
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The Download: deepfakes of the dead, and why it’s time to embrace fake meat
UK challenger bank Monzo nabs another $190M as US expansion beckons
Monzo has raised another £150 million ($190 million), as the challenger bank looks to expand its presence internationally — particularly in the U.S.
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iRobot names former Timex head Gary Cohen as CEO
iRobot Tuesday announced the successor to longtime CEO, Colin Angle. Gary Cohen, who previous held chief executive role at Timex and Qualitor Automotive, will be heading up the company, marking a major shift from his predecessor, Angle, a cofounder of the company who held the role from 1997 until January of this year. Cohen joins […]
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What the NLRB Appeal of the Expanded Joint Employer Rule Judgment Means for Your Business
Reddit tests automatic, whole-site translation into French using LLM-based AI
Reddit — now a publicly-traded company with more scrutiny on revenue growth — is putting a big focus on boosting its international audience, starting with francophones. In their first-ever earnings call, CEO Steve Huffman confirmed the company is now working on automatic translations of the site’s content, in real-time, into French, thanks to advances in […]
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Meati Foods bites into another $100M amid growth to 7,000 retail locations
Meati Foods is adding 2,000 retail locations within Kroger’s family of stores by April. Three products will be available, including the Classic cutlet as well as Classic and Carne Asada steaks.
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