Sankaet Pathak’s last startup, fintech Synapse, filed for bankruptcy in 2024 amid issues with partner Evolve Bank & Trust. Tens of millions of dollars in deposits made by consumers, mostly customers of fintechs that worked with Synapse, remain unaccounted for. Yet according to The Information, Pathak is reportedly moving full steam ahead on attempts to […]
Social media startup Fizz is suing grocery delivery giant Instacart and party planning app Partiful for trademark infringement, the company announced on Thursday. Earlier this week, Instacart launched a new drinks and snack delivery app for parties called Fizz and announced that Partiful had integrated Fizz directly into its platform. Founded in 2020, Fizz is a […]
Meta has chosen Robert Fergus to lead its Fundamental AI Research (FAIR) lab, according to Bloomberg. Fergus had been working at Google DeepMind as a research director for nearly five years, per his LinkedIn. Prior to Google, he worked as a researcher scientist at Meta. Meta’s FAIR, which has been around since 2013, has faced […]
Google is rolling out a feature in its Gemini API that the company claims will make its latest AI models cheaper for third-party developers. Google calls the feature “implicit caching” and says it can deliver 75% savings on “repetitive context” passed to models via the Gemini API. It supports Google’s Gemini 2.5 Pro and 2.5 […]
Boomer-owned businesses tend to be in better financial and operational shape than others; the longer it’s been in operation, the better its track record.