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Michael"s News

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15:30

Tech Giants Team Up, AI for Land Management, Natural...

Michael"s News ·

2024/03/27

Confetti, a startup specializing in team-building experiences, has attracted major tech companies such as Apple, Google, and Netflix as clients and is on track to increase its revenue run-rate to $15-$20 million by the end of the year despite pandemic challenges. Vibrant Planet, another tech startup, utilizes AI to digitize land mapping for improved land management to address climate-related issues like wildfires. Founder Allison Wolff stresses the need for swift and coordinated actions in

14:00

AI-designed Drugs, Cyber Tensions with China,...

Michael"s News ·

2024/03/26

Salesforce's ProGen project introduces AI-designed proteins for drug development, leading to the establishment of Profluent, a company specializing in tailored treatments via gene editing. The U.S. and U.K. accused Chinese hackers of targeting political figures through cyber campaigns, resulting in sanctions against individuals involved in the attacks. Additionally, Florida Governor Ron DeSantis signed a stringent social media ban for minors, requiring parental permission for those under

14:58

Trump's SPAC Drama, Maricopa Election Challenges,...

Michael"s News ·

2024/03/25

Donald Trump's SPAC deal with Digital World Acquisition Corporation (DWAC) and Trump Media and Technology Group (TMTG) is progressing, potentially leading to a $3 billion gain, but he encounters obstacles due to the 'lock-up' condition affecting share sales for debt repayment. Maricopa County in Arizona is struggling to combat election misinformation and threats, prompting officials to enhance security measures and transparency to regain voter trust. In Moscow, gunmen unleash gunfire at a

15:54

Canned Water Disruption, Guided Tours Revolution,...

Michael"s News ·

2024/03/24

Liquid Death, a canned water company, has disrupted the beverage market with $267 million in funding, while startups like Poppi and Olipop are gaining traction with healthier products and attracting venture capital investments. Mallard Bay, a Houston-based startup, is revolutionizing the hunting and fishing industry by offering online bookings for guided tours and a back office solution for outfitters. Despite initial challenges, Mallard Bay has seen significant growth and aims to expand

15:50

Commercial Spyware Regulation, AI STI Testing...

Michael"s News ·

2024/03/23

The Biden administration and investors like Paladin Capital Group are working to counter the spread of commercial spyware, shifting focus to technologies supporting national security. Calmara, an AI-based STI testing company, raises concerns for its unreliable methods, contrasting with startups emphasizing responsible testing and medical oversight. Meanwhile, Donald Trump's SPAC deal with DWAC and TMTG progresses, offering a potential $3 billion gain but facing obstacles related to selling

16:03

Microsoft Acquires Inflection AI, Intuit Discontinues...

Michael"s News ·

2024/03/22

Microsoft acquires Inflection AI for around $650 million, transitioning the company into an AI studio while ensuring a positive outcome for investors. Meanwhile, Intuit discontinues Mint as Copilot emerges with advanced features, experiencing notable user growth, securing substantial funding, and aiming for expansion and innovation. In another development, the DOJ and 16 states sue Apple for alleged antitrust violations in the smartphone market, citing similarities to past Microsoft cases

15:22

Astera Labs IPO Boom, OpenAI's GPT Store Woes,...

Michael"s News ·

2024/03/21

Astera Labs, a connectivity hardware company, had a successful IPO debut with shares surging by 54%, setting a positive tone for potential tech companies, especially in AI, to consider going public. On the other hand, OpenAI's GPT Store, a platform for personalized chatbots, is grappling with issues like copyright violations and spammy content, highlighting challenges in maintaining quality control and moderation. Additionally, strategists are examining the impact of third-party candidates

14:15

AI Hallucinations Research, Cowboy Cross Bike Launch,...

Michael"s News ·

2024/03/20

Nvidia's CEO delves into predicting the arrival of Artificial General Intelligence (AGI) and addressing AI hallucinations through rigorous research. Meanwhile, Cowboy introduces the Cowboy Cross, an all-road model bike emphasizing comfort with distinctive tire and suspension elements, a larger battery, and a diagnostic tool. In another development, Russian President Putin plans to visit China for discussions with President Xi Jinping post-re-election, amidst global responses to his win and

15:07

Navalny Prisoner Exchange, NVIDIA's AI Platform, Paid...

Michael"s News ·

2024/03/19

Russian President Vladimir Putin expressed willingness to support a prisoner exchange involving opposition leader Alexei Navalny before Navalny's death in a penal colony, with the condition that Navalny would not return to Russia. NVIDIA introduced NIM, a platform designed for efficient deployment of AI models, with the goal of establishing an ecosystem of AI-ready containers compatible with various cloud services and frameworks. Additionally, businesses are increasingly adopting paid

15:54

GitHub's AI Regulations, LinkedIn's Gaming Venture,...

Michael"s News ·

2024/03/18

GitHub's legal officer is handling AI regulations in the EU, particularly concerning open source liability amidst Microsoft's acquisition and Copilot controversy. LinkedIn, a platform known for networking and recruitment, is venturing into gaming with puzzle-based games to boost user engagement, even considering organizing player scores by workplace for a distinctive gaming experience. Additionally, a significant internet outage occurred due to multiple undersea cable failures.

14:02

Indian Farmers' Protests, Orbán's Right-Wing Agenda,...

Michael"s News ·

2024/03/17

Thousands of farmers in India's capital are protesting for a new law to establish minimum crop prices, while also demanding loan waivers and crop price guarantees to prevent exploitation in the market. Hungarian Prime Minister Viktor Orbán is rallying support for his right-wing populism, criticizing the EU and advocating for national pride and sovereignty, amidst political tensions at home including criticism from the U.S. ambassador and opposition from a former ally forming a new party. In

14:48

Google Antitrust Probe, Illinois Primary Challenges,...

Michael"s News ·

2024/03/16

India's antitrust regulator initiates an investigation into Google for unfair billing practices with Indian developers, alleging excessive fees and biased policies. Meanwhile, in Illinois primaries, sitting congressmen encounter tough competition as Biden and Trump are predicted to dominate. Additionally, the House of Representatives approves a bill compelling ByteDance to sell TikTok due to national security risks linked to Chinese connections, raising concerns about foreign influence on

15:31

Under Armour's AI Controversy, Robotics Revolution,...

Michael"s News ·

2024/03/15

Under Armour received criticism for allegedly using others' work without credit in an AI-powered sports commercial, raising ethical concerns in advertising. Meanwhile, investors are showing interest in robotics startups focusing on generative AI and humanoid robots like Agility and Digit, with a shift towards acceptance of humanoids augmenting workers in factories. Additionally, Senate Majority Leader Chuck Schumer has called for new elections in Israel to address the humanitarian crisis in

15:25

Stripe's Explosive Growth, OpenAI's News Partnership,...

Michael"s News ·

2024/03/14

Stripe's annual letter highlights its impressive growth, achieving a $1 trillion payment volume in 2023 and maintaining strong cash flow. The company is retaining major accounts, diversifying revenue sources, and observing a rise in startups without venture capital support. OpenAI collaborates with French and Spanish news publishers to offer up-to-date news coverage to ChatGPT users, enriching training data and improving user interactions. Amid a divisive election between Trump and Biden,

14:49

Deepgram's Aura API, TikTok Lobbying Congress, Gender...

Michael"s News ·

2024/03/13

Deepgram has introduced Aura, a real-time text-to-speech API designed for constructing conversational AI agents efficiently. Meanwhile, TikTok influencers are actively engaging with Congress to oppose a bill that might result in the platform's ban in the US, with the company employing influencers and lobbyists to combat the legislation amid bipartisan backing and opposition from President Biden. Additionally, despite receiving similar education levels, women continue to earn less than men.

14:25

Artist Rights Debate, National Security Threats,...

Michael"s News ·

2024/03/12

OpenAI's use of artists' work to train generative AI like ChatGPT has sparked a debate on fair compensation and recognition. The U.S. is facing various emerging threats such as cyberattacks, regional conflict, commercial spyware, AI, misinformation, and disinformation, as highlighted in the intelligence agency's global risk assessment. Additionally, there are concerns about cybersecurity's increasing role in national security, ransomware threats, and the growing use of AI in influence

16:34

Walmart's AI Revolution, Rivian's Plant Move,...

Michael"s News ·

2024/03/11

Walmart has introduced generative AI search features to enhance event planning and shopping, posing a potential challenge to established search engines like Google in retail. Rivian Automotive's CEO has decided to halt the construction of a Georgia plant in favor of starting production in Illinois, aiming to save costs and expedite the manufacturing process for new SUV models. Jean Armour Polly is celebrated for her pioneering work in integrating computers into libraries, envisioning the

15:39

Slack's CEO Changes, Biden vs. Trump in Georgia, West...

Michael"s News ·

2024/03/10

The first story discusses Slack's acquisition by Salesforce, CEO transitions, and revenue challenges amidst competition with Microsoft Teams. The second story covers dueling rallies by President Biden and former President Trump in Georgia, emphasizing their differing stances on immigration and democracy ahead of a crucial election in the state. The final story addresses West Virginia's GOP-led Legislature passing a bill permitting select students to bypass state vaccination mandates,

14:23

OpenAI Governance Overhaul, Inscribe.ai Layoffs, NYPD...

Michael"s News ·

2024/03/09

CEO Sam Altman has rejoined the OpenAI board with three new members to address diversity criticisms and governance changes. Inscribe.ai, an AI-powered fraud detection software provider, is reducing its staff by nearly 40% due to revenue goals not being met, attributed to industry shifts and a new product strategy. The NYPD's social media strategy has faced backlash for targeting judges and spreading misinformation online.

15:20

Indo-Pacific Alliance, Biden's State of the Union,...

Michael"s News ·

2024/03/08

Japan and India have joined forces to enhance security and economic collaboration as a response to China's growing influence. The discussions encompass defense equipment, space, cybersecurity, and economic resilience. President Biden recently delivered a fervent State of the Union speech, focusing on GOP policies, freedom, democracy, unity, immigration, taxes, gun control, legislative achievements, and advocating for Ukraine. Additionally, in the US, a bill is being proposed to address

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