Encyclopedia Britannica and Merriam-Webster have filed a lawsuit against OpenAI. The publisher alleges that the AI company has committed massive copyright infringement. Britannica, which owns Merriam-Webster, holds the copyright to nearly 100,000 online articles. The lawsuit claims these articles were…
In 2023, after three years of building an automotive lending startup, co-founders Andres Klaric and Marc Escapa realized that large language models could modernize something even more significant: the loan origination system, which is the backbone of the lending industry.…
Semiconductor startup Frore Systems has raised a $143 million Series D funding round. The investment was led by MVP Ventures and values the eight-year-old company at $1.64 billion. With this latest round, Frore has now raised a total of $340…
Shopify is preparing for a major transformation, according to its president, Harley Finkelstein. Speaking at this year’s Upfront Summit in Los Angeles, the longtime e-commerce veteran explained how the company is going all in on agentic shopping. Shopify is the…
There is a new key term to know as this artificial intelligence revolution unfolds, at least according to Antonio Gracias, the founder of Valor Equity Partners. While speaking at this year’s Upfront Summit in Los Angeles, he introduced the term…
In a surprise launch on Monday, Apple unveiled the AirPods Max 2, the long-awaited successor to its premium headphones that launched in 2020. The Max 2 cost $549 and feature active noise cancellation, Apple’s audio-specific H2 chip, support for live…
Nvidia begins its annual GTC developer conference in San Jose, California, on Monday. CEO Jensen Huang will deliver the keynote address at 11 a.m. Pacific Time. GTC, which stands for GPU Technology Conference, is Nvidia’s flagship event running from March…
PhonePe, India’s largest digital payments platform, has put its initial public offering plans on hold. The company cites ongoing geopolitical tensions and a volatile stock market as the reasons for this decision. On Monday, the Bengaluru-based firm stated that while…
In 2010, Warren Buffett and Bill Gates launched a disarmingly simple campaign they called the Giving Pledge. It was a public commitment, open to the world’s wealthiest people, to give away more than half their fortune during their lifetime or…
Many artificial intelligence startup ideas are still little more than superficial “wrappers” built on top of existing models. As the AI model makers add more features, investors are wary of startups that could become so easily unnecessary. This was evident…
