Payment technology company Pine Labs, backed by PayPal and Mastercard, won over public investors on Friday, finishing its first day of trading 14% higher even after lowering its valuation for its $440 million IPO. This makes it the second-largest Indian fintech listing this year after online brokerage Groww’s nearly $750 million debut earlier this week….
Tesla has published the most detailed look at the performance and relative safety of its advanced driver-assistance software, just a few weeks after Waymo’s co-CEO Tekedra Mawakana at TechCrunch Disrupt called on companies to release more data. On a new section of its website, Tesla claims that in North America, owners using the company’s Full…
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership…
After a year of frenzied dealmaking and rumors of an upcoming IPO, the financial scrutiny into OpenAI is intensifying. Leaked documents obtained by tech blogger Ed Zitron provide more of a glimpse into OpenAI’s financials — specifically its revenue and compute costs over the past couple of years. Zitron reported this week that in 2024,…
Andy Konwinski is concerned that the U.S. is losing its dominance in AI research to China, calling the shift an “existential” threat to democracy. Konwinski is a Databricks co-founder and the co-founder of the AI research and venture capital firm Laude. “If you talk to PhD students at Berkeley and Stanford in AI right now,…
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024. Source link
Let’s be honest, most tech wearables are bulky and not exactly what you’d describe as pretty. But when you’re regularly wearing something on your hands, you probably want it to look nice and maybe even blend in with the rest of your jewelry. That’s the idea behind Oura’s newest smart ring, the Oura Ring 4…
Boeing has signed a deal with startup Charm Industrial to remove 100,000 metric tons of carbon from the atmosphere. Charm collects agricultural and forestry waste and uses heat to turn it into a product it calls “bio-oil,” a messy jumble of hydrocarbons that it injects underground, including into former oil wells. Once sequestered, Charm can…
OpenAI says ChatGPT will now ditch the em dashes if you tell it to. The telltale sign that supposedly signals text written by AI has popped up everywhere in recent months, including in school papers, emails, comments, customer service chats, LinkedIn posts, online forums, ad copy, and more. The inclusion of the em dash has…
Five people have pleaded guilty to helping North Koreans defraud U.S. companies by posing as remote IT workers, the U.S. Department of Justice announced on Friday. The five people are accused of working as “facilitators” who helped North Koreans get jobs by providing their own real identities, or false and stolen identities of more than…
