November 8, 2024

The Download: AI vs quantum, and the future of reproductive rights in the US

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. Why AI could eat quantum computing’s lunch Tech companies have been funneling billions of dollars into quantum computers for years. The hope is that they’ll be a game changer for fields as diverse…

What StepStone’s $3.3B venture secondaries fund tells us about LPs’ current appetite for venture

June 13, 2024

StepStone raised the largest fund dedicated to investing in venture secondaries ever, the firm announced last week. This fundraise doesn’t just say a lot about StepStone’s venture secondaries investing prowess, but also about how LPs are thinking about the current venture market. The fund, StepStone VC Secondaries Fund VI, raised $3.3 billion. This marks a […]

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Spotify announces an in-house creative agency, tests generative AI voiceover ads

June 13, 2024

Spotify announced on Thursday that it’s venturing further into the ad space with its first in-house creative agency called Creative Lab, helping brands create custom marketing campaigns. It will also begin testing generative AI ads, the company said. The launch of Creative Lab shows that Spotify is ramping up its efforts to attract advertisers to […]

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Tesla shareholders sue Musk for starting competing AI company

June 13, 2024

Tesla shareholders are suing CEO Elon Musk and members of the automaker’s board of directors over Musk’s decision to start xAI, which they say is a competing AI company, and then divert talent and resources from Tesla to the new startup.  The lawsuit is one of the most direct challenges to Musk’s decision to start […]

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