India’s Airbound bags $8.65M to build rocket-like drones for one-cent deliveries
Lachy Groom backs Airbound in $8.65M seed round as it launches pilot in Bengaluru.
Tech
Nvidia’s ‘personal AI supercomputer’ goes on sale October 15th
Nvidia will start selling its DGX Spark “personal AI supercomputer” this week. The machine is powerful enough to let users work on sophisticated AI models but small enough to fit on a desktop. Nvidia said Spark can be ordered online at nvidia.com starting Wednesday, October 15th, as well as from select partners and stores in […]
Goldman Sachs is acquiring Industry Ventures for up to $965M as alternative VC exits surge
Goldman Sachs has agreed to acquire Industry Ventures, a 25-year-old, San Francisco-based investment firm with $7 billion in assets under management, CNBC was first to report on Monday. The deal underscores the growing importance of secondary markets and buyouts as traditional venture exits remain sluggish. The investment bank is paying $665 million in cash and […]
Facebook is adding job listings, again
Meta, a company that is not shy about bolting new features onto its platforms, is bolting another new feature onto Facebook: jobs. This one is actually a throwback — Facebook initially introduced job postings in 2017, only to retire it less than five years later. But jobs are back now, with an emphasis toward local […]
Grindr’s owners may take it private after a financial squeeze
Grindr’s majority owners are scrambling to take the LGBTQ+ dating app private after a stock decline triggered a personal financial crisis, according to a report from Semafor.
Microsoft AI announces first image generator created in-house
Microsoft AI just announced its first text-to-image generator, MAI-Image-1, designed and developed in-house. The tech giant, which recently announced its first in-house Microsoft AI models, called the new image generator “the next step on our journey.” Microsoft says it sought feedback from creative professionals in order to avoid “repetitive or generically-stylized outputs.” MAI-Image-1 “excels” at […]
Oura is winning young women and losing gym rats, and it’s fine with that
Oura’s chief commercial officer doesn’t seem particularly worried about capturing every demographic. Instead, she’s focused on keeping Oura’s core users happy while organically attracting new segments. And young women are becoming part of that core market.
Google will let you hide sponsored results in search — after you’ve seen them
Ads in Google search results are getting a more prominent label, and a way to hide them if you’re not interested. Handy! The thing is, you still have to look at them first. Currently, Google labels paid results on search pages individually with a “sponsored” tag on each one. This change groups them all into […]
Tesla Cybertruck sales are flatlining
After a brutal few months, Tesla sales are finally picking up thanks to expiring federal EV tax credits. But while customers are snatching up Model 3s and Ys, they are increasingly turning up their noses at the newest addition to Tesla’s lineup: the Cybertruck. Tesla only sold 5,385 Cybertrucks in the third quarter, down 63 […]
New California law requires AI to tell you it’s AI
A bill attempting to regulate the ever-growing industry of companion AI chatbots is now law in California, as of October 13th. California Gov. Gavin Newsom signed into law Senate Bill 243, billed as “first-in-the-nation AI chatbot safeguards” by state senator Anthony Padilla. The new law requires that companion chatbot developers implement new safeguards — for instance, […]