As India pitches itself as a global hub for applied artificial intelligence, OpenAI has partnered with Pine Labs to integrate AI-driven reasoning into the fintech firm’s payments stack, automating settlement and invoicing workflows in a move the companies say could help accelerate AI-led commerce in India. The partnership will see Pine Labs embed OpenAI’s application … Read more
Etsy is selling Depop, a secondhand clothing app popular with Gen Z and millennials, to eBay for $1.2 billion in cash, the company announced on Wednesday. Etsy says the deal will allow it to focus on its own marketplace. The deal comes nearly five years after Etsy acquired Depop for $1.62 billion, at a time … Read more
Only days after Spotify announced its foray into physical book sales, which included an audiobook feature that lets you sync your listening and your offline reading progress, Amazon-owned Audible has launched a feature that brings ebooks together with audiobooks. The company announced on Wednesday an “immersion reading” feature in the Audible app, which allows readers … Read more
A federal district court in Northern California ruled in favor of Cameo, a platform that allows users to get personalized video messages from celebrities, and ordered OpenAI to stop using “Cameo” in its products and features. OpenAI was using the “Cameo” name for its AI-powered video generation app Sora 2. Users could use that feature … Read more
The California Department of Motor Vehicles will not suspend Tesla’s sales and manufacturing licenses for 30 days because the EV maker has stopped using the term “Autopilot” in the marketing of its vehicles in the state. The decision, issued late Tuesday, means Tesla can continue selling its EVs in California without interruption and officially settles … Read more
An internal research study at Meta dubbed “Project MYST” created in partnership with the University of Chicago, found that parental supervision and controls — such as time limits and restricted access — had little impact on kids’ compulsive use of social media. The study also found that kids who experienced stressful life events were more … Read more
Travis Brashears, Cameron Ramos and Serena Grown-Haeberli began collaborating at SpaceX, developing optical communications links that keep thousands of Starlink internet satellites in constant contact. Now, the three engineers are co-founders of Mesh Optical Technologies, a Los Angeles startup that announced a $50 million Series A led by Thrive Capital on Tuesday. Mesh aims to … Read more
Enterprise AI company Cohere launched a new family of multilingual models on the sidelines of the ongoing India AI Summit. The models, dubbed Tiny Aya, are open-weight — meaning their underlying code is publicly available for anyone to use and modify — support over 70 languages, and can run on everyday devices like laptops without … Read more
There’s been a bunch of exciting research-focused AI labs popping up in recent months, and Flapping Airplanes is one of the most interesting. Propelled by its young and curious founders, Flapping Airplanes is focused on finding less data-hungry ways to train AI. It’s a potential game-changer for the economics and capabilities of AI models — … Read more
Gabriel Vasquez, a partner at Andreessen Horowitz, recently revealed he took nine flights from NYC to Stockholm in one year. While his visits included stops at companies like Lovable — where he posted from its office — the trips were also about finding future Swedish unicorns before they cross the Atlantic. This all came to … Read more
