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 5 Min Read

The Demise of China’s Hottest Online Shopping Craze

During the height of the pandemic, a unique kind of online shopping became one of the hottest trends in China’s tech industry. Called “community group buying,” it allowed consumers to save money on everything from apples to iPhones by placing bulk orders together with their friends and family. The model,

Startups 4 Min Read

Congress Passes GENIUS Act in Major Win for US Crypto Industry

“Competition will be fierce,” says Christian Catalini, founder at MIT Cryptoeconomics Lab and cocreator of Diem, the now-defunct stablecoin project funded by Meta. “You will see many more issuers enter the market and compete. Many of those issuers will be more traditional banks and fintechs.”Crypto advocates argue that stablecoins will

Startups 4 Min Read

Mark Zuckerberg Is Expanding His Secretive Hawaii Compound. Part of It Sits Atop a Burial Ground

As a child, Julian Ako would visit his maternal great-grandfather’s home near Pilaa Beach in Kauai, Hawaii, where he and his family would gather edible fungi that grow on kukui trees and collect seaweed and fish from the reef.For about a decade, that land has belonged to Meta CEO Mark

Startups 5 Min Read

Some Cities in China Are Advertising Exclusive Subsidies for Huawei-Powered Cars

WIRED contacted Huawei to ask about its potential role in the subsidies. Huawei did not comment in time for publication.One of the earliest subsidies appeared online in March, when the Commerce Bureau of Shenzhen Longgang District—the district where Huawei’s headquarters are located—posted that local car buyers can get up to

Startups 3 Min Read

This AI Warps Live Video in Real Time

Dean Leitersdorf introduces himself over Zoom, then types a prompt that makes me feel like I’ve just taken psychedelic mushrooms: “wild west, cosmic, Roman Empire, golden, underwater.” He feeds the words into an artificial intelligence model developed by his startup, Decart, which manipulates live video in real time.“I have no

Startups 5 Min Read

GM’s Final EV Battery Strategy Copies China’s Playbook: Super Cheap Cells

General Motors has just announced its latest and likely final piece in what now appears to be a three-pronged cell-chemistry strategy to power GM’s lineup of a dozen EVs through the end of the decade and beyond.GM has stated today it will build low-cost lithium iron phosphate (LFP) battery cells

Startups 4 Min Read

Tech Billionaires Back Erebor in the Wake of Silicon Valley Bank Collapse

"What I imagine is going on here is that should this become a new chartered bank … the bank would be providing this ‘cash in, obfuscated crypto out’ type of a product that would allow these agencies to be able to make payments,” he says.Anduril also knows how to sell

Startups 5 Min Read

Microsoft and OpenAI’s AGI Fight Is Bigger Than a Contract

I first learned about The Clause from Microsoft CEO Satya Nadella. During an interview with him in May 2023, I asked about the deal between Microsoft and OpenAI that granted his company exclusive access to the startup’s groundbreaking AI technology. I knew the contract had set a cap on how

Startups 5 Min Read

I Tried Grok’s Built-In Anime Companion and It Called Me a Twat

An anime girl in a black corset dress sways back and forth on my screen. Its name is Ani, and it cost me $300.Elon Musk’s xAI dropped the new visual chatbot feature on Monday in the Grok iOS app. The top-tier subscription unlocks access to xAI’s best-performing model, Grok 4

Startups 5 Min Read

‘People Are Going to Die’: A Malnutrition Crisis Looms in the Wake of USAID Cuts

Edesia had to lay off 10 percent of its staff in March as USAID was dismantled; Salem says that it took “many, many, many weeks” for the company to receive partial payment owed by the US government. “I believe Marco Rubio when he said, ‘We want to continue these programs,’”

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