Chime almost died in 2016, turned down by 100 VCs. Today it IPO’d at $14.5B.
In 2016 when Chime desperately needed cash, over 100 VCs said no. One seed VC, took a chance and saved the company, co-founder Ryan King recalls.
Meta reportedly recruits Apple’s head of AI models
Ruoming Pang previously ran Apple’s in-house team that trained the AI foundation models that underpin Apple Intelligence and other on-device AI features.
Others
This Common Decision-Making Trap Is Holding Your Business Back. Here’s How to Escape.
Defaulting to the best of two options is a binary trap. Improve business outcomes by substituting either/or thinking with “multiple-choice thinking.”
This Former Tech Executive Was Ready to Retire. Then an Obscure Molecule Gave Him a New Mission.
Joel Kocher, CEO of humann, is betting on nitric oxide to change how people think about heart health.
Apple fixes new iPhone zero-day bug used in Paragon spyware hacks
The iPhone maker quietly updated a February security advisory to publicize a flaw that was used to hack at least two journalists in Europe.
OpenAI and Barbie-maker Mattel team up to bring generative AI to toy-making and content creation
Barbie-maker Mattel and OpenAI have teamed up to bring generative AI to the toy-making and ever-expanding pipeline of IP repackaging.
Battery manufacturer Powin files for bankruptcy months after landing $200M loan
The Chapter 11 filing will let Powin continue operating while it restructures its debt.
A Slack Channel or Meditation App Won’t Fix Mental Health — Here’s How to Lead Like It Matters
Mental health should be treated as a core component of your company’s infrastructure, not an afterthought or perk. Neglecting it leads to diminished productivity, burnout and high employee turnover.
As a Leader, You Set the Tone — Here’s Why Staying Calm Builds a Stronger Business
One thing I know unequivocally is that your mindset as a leader directly impacts your entire organization.
‘The Decade of Autonomous Vehicles’: Nvidia CEO Predicts Major Growth in Robotics, Self-Driving Cars
At the VivaTech conference in Paris this week, Nvidia revealed its autonomous vehicle development platform for automakers to build self-driving cars.
Nothing’s new Phone 3 will be available on general sale in the US
Smartphone startup Nothing will sell its next flagship model, the Nothing Phone (3), in the U.S. through its website and Amazon.