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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Mercedes-Benz partners with Canadian mining company for CO2-neutral lithium hydroxide for EVs
Mercedes-Benz AG will source carbon-neutral lithium hydroxide to build batteries for electric vehicles from a Vancouver-based mining startup. Starting in 2026, the agreement with Rock Tech Lithium will provide Mercedes-Benz AG with an average of 10,000 tons of battery-grade lithium hydroxide per year — enough for around 150,000 electric vehicles. Mercedes-Benz, which sells about two […]
Mercedes-Benz partners with Canadian mining company for CO2-neutral lithium hydroxide for EVs by Jaclyn Trop originally published on TechCrunch
Ambr wants to solve the billion-dollar burnout problem by tracking employees’ working habits
Worker burnout is real. Reports suggest that work-related chronic stress could be costing businesses up to $190 billion annually in reduced output and sick days, not to mention the much-discussed “Great Resignation” where workers are jumping ship in search of a greater work-life balance. In 2019, the World Health Organization (WHO) declared burnout an “occupational […]
Ambr wants to solve the billion-dollar burnout problem by tracking employees’ working habits by Paul Sawers originally published on TechCrunch
The Download: Bill Gates’s new climate plans, and an AI bug bounty
A bias bounty for AI will help to catch unfair algorithms faster
Banyan raises $43M to grow its network of item-level purchase data
Banyan, a platform for product purchase data that allows customers such as banks, fintechs, hotels and merchants to automate expense management and more, today announced that it raised $43 million in a Series A funding round — $28 million in equity and $15 million in debt — led by Fin Capital with participation from M13, […]
Banyan raises $43M to grow its network of item-level purchase data by Kyle Wiggers originally published on TechCrunch
GlobalFair secures new cash to simplify procuring construction materials
The construction materials market is fragmented, according to GlobalFair CEO Shaily Garg, because it involves layers of both supply chain and logistics complexities. In a 2021 survey for the National Association of Home Builders and Wells Fargo, the vast majority of builders said that the time it takes to obtain materials — and the cost […]
GlobalFair secures new cash to simplify procuring construction materials by Kyle Wiggers originally published on TechCrunch