Drive Capital was founded by two former Sequoia Capital Partners looking to start anew in the Midwest. But investors in the Columbus, Oh.-based firm have had a bumpy ride of late, and according to our
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Meta will soon officially permit users as young as 10 to use its Meta Quest 2 and 3 VR headsets — if their parents say it’s okay, anyway. In a blog post, the tech giant says that there’s Nikola Corp. is laying off 270 employees, or about 23% of its workforce, and restricting its electric truck efforts to North America as it seeks to preserve cash. The company said Friday it will lay o
In 2019, Amazon upgraded its Alexa assistant with a feature that enabled it to detect when a customer was likely frustrated — and respond with proportionately more sympathy. If a customer asked The halls of power are waking up to the potentials and pitfalls of artificial intelligence. The big question will be how much of an impact they will have on the march of progress if (and when) there a
Following Amazon’s adoption of generative AI for advertisers last week, Google today is launching a set of generative AI product imagery tools for advertisers in the U.S. Via the new, AI-powered Two U.S. lawmakers have asked retail giant Costco why it continues to sell surveillance equipment made by Lorex, despite warnings of cybersecurity risks and links to human rights abuses. The bipartisa
Finbourne, founded out of London’s financial center, has built a platform to help financial companies organize and use more of their data in AI and other models. Even as quick commerce startups are retreating, consolidating or shutting down in many parts of the world, the model is showing encouraging signs in India. Consumers in urban cities are embracing the convenience of having groceries delive
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the…
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