TikTok to challenge Amazon Prime Day with its own sales event in July

June 27, 2024

TikTok is gearing up to challenge Amazon’s Prime Day event in the July. The social network announced on Thursday that TikTok Shop is holding a “Deals For You Days” sales event in the U.S. starting on July 9. The announcement comes a few days after Amazon revealed that its annual Prime Day sales will take […]

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Reliance Jio kicks off Indian telecom price hike

June 27, 2024

Reliance Jio, India’s largest telecoms operator, has initiated what analysts expect to be an industry-wide increase in tariffs in the world’s second largest wireless market, raising some of its plans by more than 20%.  Jio’s revised pricing structure, effective July 3, sees its entry-level Rs 155 ($1.87) plan, offering 2GB of data and unlimited calls, […]

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SoftBank forms AI healthcare JV in Japan with Tempus

June 27, 2024

SoftBank Group founder Masayoshi Son announced on Thursday that the Japanese tech giant has set up a joint venture in the country with Chicago-based health tech company Tempus. Together, the pair plan to develop AI-powered personalized medical services, by way of analyzing data in Japan under the name SB Tempus. The company plans to start […]

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As Spain gets its latest VC fund, Southern Europe appears to be on a roll

June 27, 2024

While startup valuations have plummeted since the bull run of 2021-2022, a factor that’s hit the European startup ecosystem particularly hard, there’s one region of Europe where the correction has slightly worked in its favor: the South. Evidence for this was apparent during Mobile World Congress in Barcelona earlier this year, as time and time […]

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Illumex is using GenAI to ease pain of getting good data into LLMs

June 27, 2024

By now we know how crucial it is to have quality data for use by large language models (LLMs), but getting data ready for the models has been an early challenge for companies, an opening that represents an opportunity for an enterprising entrepreneur. Enter Illumex, a two year old Israeli startup from the former VP […]

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Directo turns a TikTok travel hack into a deal-finding Chrome extension

June 27, 2024

A travel hack that went viral on TikTok teaches users how to save money on hotels and Airbnbs by booking directly with the properties themselves. Now, a new startup, Directo, will help travelers find those same deals with the help of a Chrome extension that points you to the property’s website, where you’ll often find […]

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The Download: the future of music AI, and climate tech funding

June 27, 2024
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Training AI music models is about to get very expensive AI music is suddenly in a make-or-break moment. On June 24, Suno and Udio, two startups that let you generate complete songs from…