Funding season is about to restart in Europe after the summer lull. If all goes well, the region will be counting new unicorns in dozens. While mega-rounds are less common than they were in 2021, this did not prevent twelve…
A recent report published by MIT’s NANDA initiative reveals a staggering 95% of generative AI pilots at companies are failing. However, instead of abandoning the technology, the most advanced organizations are now experimenting with agentic AI systems that can learn…
While digitization has transformed banking for Indian consumers, corporate banking has been left in the slow lane. It still relies heavily on clunky infrastructure, paper trails, and spreadsheet-heavy workflows. TransBnk wants to address that gap. Bessemer Venture Partners has invested…
Nvidia, the world’s most valuable company, reported another quarter of sustained sales growth in its earnings statement Wednesday. The company achieved $46.7 billion in revenue, which is a 56 percent increase compared to the same period last year. This growth…
WhatsApp has launched a new AI feature that allows users to rephrase, proofread, or adjust the tone of their messages. The Meta-owned company announced the tool, called Writing Help, on Wednesday. The new feature uses Meta’s Private Processing technology, which…
When Max Keenan joined Y Combinator’s summer 2022 batch, he was working on Aurelian, a company that automated appointment bookings for hair salons. But less than a year later, a conversation with one of his clients led him to a…
Google is rolling out a new device protection program called Pixel Care+. The tech giant announced the new program on Wednesday. Pixel Care+ will replace Google Preferred Care and Fi Device Protection in the United States. Current monthly subscribers will…
OpenAI and Anthropic, two of the world’s leading AI labs, recently engaged in a rare cross-lab collaboration. They briefly opened their closely guarded AI models to allow for joint safety testing. This effort, occurring during a time of fierce competition,…
According to a new report from venture firm Andreessen Horowitz, rivals like Google’s Gemini, xAI’s Grok, and to a lesser extent Meta AI are closing the gap to OpenAI’s popular AI chatbot, ChatGPT. This report on the consumer AI landscape…
A Chinese-backed hacking campaign that previously breached nine U.S. telecommunication and internet providers is now confirmed to have hacked at least 200 American companies, according to the FBI’s top cyber chief. FBI Assistant Director Brett Leatherman told The Washington Post…
