Baidu launches two new versions of its AI model Ernie

Chinese search engine Baidu has launched two new AI models — Ernie 4.5, the latest version of the company’s foundational model first released two years ago, as well as a new reasoning model, Ernie X1. According to Reuters, Baidu claims that Ernie X1’s performance is “on par with DeepSeek R1 at only half the price,”, … Read more

VC Aileen Lee highlights how the broader investor exodus is worsening woes for unicorn companies

In this week’s episode of the StrictlyVC Download podcast, veteran VC Aileen Lee was direct about a major consequence of the recent boom-and-bust cycle: many companies stuck in limbo aren’t just struggling to regain their footing after raising too much money at unsustainable valuations; they’ve also lost the champions who once backed them. Lee was … Read more

Bluesky users debate plans around user data and AI training

Social network Bluesky recently published a proposal on GitHub outlining new options it could give users to indicate whether they want their posts and data to be scraped for things like generative AI training and public archiving. CEO Jay Graber discussed the proposal earlier this week, while on-stage at South by Southwest, but it attracted … Read more

Bench is charging people for services they already paid for, some customers say

After Employer.com acquired bankrupt accounting startup Bench in a fire-sale late last year, CEO Jesse Tinsley pledged on LinkedIn and elsewhere to honor past customer payments. “We’re honoring all prepaid Bench services even though we will not have the revenue from that directly ourselves,” Tinsley said in an interview with founder and investor Julian Weisser. … Read more

Republican Congressman Jim Jordan asks Big Tech if Biden tried to censor AI

On Thursday, House Judiciary Chair Jim Jordan (R-OH) sent letters to 16 American technology firms, including Google and OpenAI, asking for past communications with the Biden administration that might suggest the former president “coerced or colluded” with companies to “censor lawful speech” in AI products. The Trump administration’s top technology advisers previously signaled it would pick … Read more

Tern AI’s low-cost GPS alternative actually works

We’ve all experienced that moment of frustration when the GPS glitches and you miss an exit on the highway. The team at Tern AI, which is building a low-cost GPS alternative, says that’s because the current technology is limited by its reliance on satellite positioning.  Tern AI says it has figured out how to locate … Read more