Startups

Zoom Steps Up Its Game With AI and

Startups 6 Min Read

Here are five things in tech that happened this week and how they affect your business. Did you miss them? 1 – Zoom taps AI to empower customers in safe hybrid work environment. Zoom – the communications platform used by nearly 13 million people each month – is working to further elevate its collaboration services with AI technology. Announcements include

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Startups 6 Min Read

Astronomer’s New CEO Speaks—Yes, About That

The only people from Astronomer attending the Coldplay concert in Foxborough, Massachusetts, on July 16 were CEO Andy Byron and his head of HR, Kristin Cabot. They were swaying in mid-hug when the roving kiss cam, a staple at the band’s performances, zeroed in on them. You have probably seen

Startups 4 Min Read

Trump Is Betting Big on Intel. Will the Chips Fall His Way?

The US government is aiming to take an equity stake in Intel in exchange for grants the company was already committed to receive under the Biden era CHIPS Act, according to comments US commerce secretary Howard Lutnick made in an interview with CNBC. The move is part of the government’s

Startups 5 Min Read

AI Is Eliminating Jobs for Younger Workers

Economists at Stanford University have found the strongest evidence yet that artificial intelligence is starting to eliminate certain jobs. But the story isn’t that simple: While younger workers are being replaced by AI in some industries, more experienced workers are seeing new opportunities emerge.Erik Brynjolfsson, a professor at Stanford University,

Startups 5 Min Read

The Global Car Reckoning Is Here. Far Too Many Auto Companies Don’t Have a Plan

On a drab, overcast March day in Amsterdam in 2022, Stellantis CEO Carlos Tavares took off his face mask and strode onto a makeshift stage to confidently explain to a crowd of journalists and analysts how the company that had recently unified brands as diverse as Fiat, Peugeot, Maserati, Ram,

Startups 5 Min Read

Trump Family–Backed World Liberty Financial Sets Up $1.5 Billion Crypto Treasury

The Trump family began to tease the launch of World Liberty Financial last August, ahead of the 2024 US presidential election. Initially, it was unclear what services the business would provide; the pitch was simply to “make finance great again.”Since then, World Liberty Financial has launched USD1, a so-called stablecoin

Startups 4 Min Read

Senators Press Howard Lutnick’s Former Investment Firm Over Tariff Conflict of Interest Concerns

Last month, WIRED reported that the investment banking arm of Cantor Fitzgerald, a financial services company led by the sons of US commerce secretary Howard Lutnick, was exploring creating a financial product for clients to bet on whether President Donald Trump’s signature tariffs would be struck down in court.In response

Startups 4 Min Read

Silicon Valley Is Panicking About Zohran Mamdani. NYC’s Tech Scene Is Not

John Borthwick, CEO of the venture capital firm Betaworks, tells WIRED that he is skeptical about the feasibility and potential effectiveness of many Mamdani campaign proposals—like free buses, or a city-owned grocery store pilot program—and felt his answers tended to be “very general and nonspecific.” But Borthwick adds that he

Startups 4 Min Read

AI Isn’t Coming for Hollywood. It’s Already Arrived

Akkaraju and Parker wasted no time in taking over Stability, installing Akkaraju as CEO and Parker as chairman of the board. They never spoke to Mostaque, although the former CEO says he reached out to offer his support.The pair set about trying to remake Stability AI for the moment. Not

Startups 5 Min Read

Ford’s Answer to China: A Completely New Way of Making Cars

“We build a structural battery out of the cells, and that is the floor of the vehicle. So we actually built the seats on it,” says Field. So, to be clear, there's no frame or structure with a battery on top of it to which the seats are bolted—with Ford's

Startups 4 Min Read

A Hiker Was Missing for Nearly a Year. Then an AI System Spotted His Helmet

How long does it take to identify the helmet of a hiker lost in a 183-hectare mountain area, analyzing 2,600 frames taken by a drone from approximately 50 meters away? If done with a human eye, weeks or months. If analyzed by an artificial intelligence system, one afternoon. The National

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