This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Last week, I headed 30 miles south of San Francisco to a hotel in Mountain View, California, to join some of the most accomplished, and some of the most promising, AI…
Social media company Snap (SNAP) is struggling to grow its revenue amid a weak advertising market. Moreover, the company remains unprofitable. However, with the company tapping into the potential of…
It’s easy to start a startup. But it’s far more difficult to shut one down. An estimated 90% of all startups fail, so there is no question that the problem is a widespread one. Yet the process to wind down a company is largely manual and bureaucratic. That’s something three-time founder Dori Yona realized when […]
Intuit, the U.S. financial and accounting software giant, has unveiled its first customer-facing generative AI–powered solution: a digital assistant to assist small businesses and consumers. Called Intuit Assist, the digital assistant is embedded across Intuit’s platform and products, namely TurboTax, Credit Karma, QuickBooks and Mailchimp, with a standard user interface to offer personalized recommendations using […]
Kenji Niwa, an immigrant entrepreneur, experienced the challenges of getting financial products, including a credit card, without a credit history when he moved to the U.S. in 2017 to get his MBA at UC Berkeley. Niwa realized that the issue is not just for international students who undergo financial stress in the U.S. — local […]
Social network X, formerly known as Twitter, has introduced Community Notes for videos. Community Notes is an existing program for crowdsourced moderation. The Elon Musk-owned platform announced that notes by contributors attached to a video will show up in all posts with that video. “Notes written on videos will automatically show on other posts containing […]
There are lots of reasons why people want financial independence. Some of the most common are: Escape the rat race. It’s getting harder and harder to make ends meet working…
The recent sell off is over for the stock market…but are stocks really ready to make new highs above 4,600 for the S&P 500 (SPY)? 43 year investment veteran Steve…
MetaMask, the world’s biggest self-custodial hot (internet-connected) wallet with over 22 million users, has added the option for users to convert cryptocurrencies into fiats like USD, as a growing list of web3 players strive to make digital assets usable in the real world. Wallets that allow users to have full control over their digital assets, […]
This story first appeared in China Report, MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. Chinese ChatGPT-like bots are having a moment right now. As I reported last week, Baidu became the first Chinese tech company to roll out its large language model—called Ernie Bot—to the…