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15:36

Llama AI Controversy, Tesla Price Cuts, Venture...

Preston"s News ·

2024/04/21

Meta has launched new Llama AI models, sparking debate over their 'open source' nature, while other AI innovations like chatbots and humanoid robotics continue to develop. Tesla has lowered prices for three models in the U.S., amidst struggles with declining stock prices and market competition, with Elon Musk teasing a potential new electric vehicle. Additionally, Hans Tung from Notable Capital delves into venture capital dynamics, emphasizing the importance of down rounds and highlighting

15:41

Tesla Drama, Fintech Buzz, Language Models Chat,...

Preston"s News ·

2024/04/20

TechCrunch featured Tesla's eventful week alongside Ramp and Cherub's success in the fintech startup scene. The Equity podcast covered these stories, along with consumer investing trends and transportation updates. Additionally, Langdock, a German startup, secured $3 million in funding for its chat interface enabling companies to access diverse language models without being tied to a single vendor. Lastly, an exploration of early college football scandals, player transfers, and rule

8:46

The Extended Cut for 04/19/2024

Preston"s News ·

2024/04/19

The Extended Cut for 04/19/2024Nintendo recently hosted a 20-minute Indie World showcase featuring upcoming games like 'Little Kitty, Big City', 'Yars Rising', 'Refind Self: The Personality Test Game', 'Sticky Business', 'Antonblast', and 'Lorelei and the Laser Eyes'. The event also teased exciting releases including 'Europa', 'TMNT Splintered Fate', 'Cat Quest III', 'Stitch', and 'SteamWorld Heist II'. Brave Search introduces 'Answer with AI' feature to provide AI-powered synthesized

17:26

Meta's Advanced AI Models, EV Industry Struggles, and...

Preston"s News ·

2024/04/19

Meta has unveiled new Llama 3 AI models with 8 billion and 70 billion parameters, highlighting improved performance and competitive benchmark scores. These models are designed to enhance functionality across different tasks and languages through a larger dataset and ongoing developments. Additionally, Meta Platforms has introduced advanced AI assistant technology for social media, showcasing the limitations of generative AI models in user engagement. In the electric vehicle industry,

15:17

Baidu's AI Tools, Ramp's Funding Boost, US-China EV...

Preston"s News ·

2024/04/18

Baidu CEO Robin Li unveiled new AI models and tools at the company's conference, highlighting China's prowess in technology and encouraging local AI development. Meanwhile, Ramp, a spend management startup, secured $150 million in funding to enhance innovation through AI. On another front, the US Trade Representative stressed the importance of safeguarding against Chinese competition in the electric vehicle industry.

11:26

The Extended Cut for 04/17/2024

Preston"s News ·

2024/04/17

The Extended Cut for 04/17/2024Take-Two Interactive reveals layoffs and project cancellations, estimating $160-200 million in charges as it rationalizes its pipeline amidst preparations for the launch of GTA VI. FLO, led by Louis Tremblay, is a key player in the development of EV charging infrastructure, addressing challenges in the transition to electric vehicles with a focus on reliability and user experience. Their efforts in building a robust network of charging stations have been key

16:22

Enterprise AI Collaboration, Venture Capital...

Preston"s News ·

2024/04/17

The Linux Foundation has initiated the Open Platform for Enterprise AI (OPEA) project in partnership with industry leaders to build open and interoperable generative AI systems for businesses. Additionally, venture capital firm Andreessen Horowitz has secured $7.2 billion across five funds, emphasizing growth, AI, and tech sectors despite market challenges. Meanwhile, game developers are apprehensive about the sustainability of live-service games, as a survey indicates a preference for paid

10:48

The Extended Cut for 04/16/2024

Preston"s News ·

2024/04/16

The Extended Cut for 04/16/2024Adobe launches an artificial intelligence assistant for digital documents, offering users the ability to understand, summarize, and extract information from PDFs and other files. The tool will be available through monthly subscriptions starting at $4.99, with plans for expansion to different platforms. Adobe is developing an AI model to generate video for Premiere Pro, offering features like object addition, removal, and extension. The model aims to address

15:06

OpenAI Expansion in Japan, Gaming Industry...

Preston"s News ·

2024/04/16

OpenAI has opened its first Asian office in Tokyo, Japan and appointed a new president for OpenAI Japan, offering a custom GPT-4 model for Japanese businesses with support from companies like Daikin and Toyota. Meanwhile, a former Blizzard president's suggestion for gamers to tip their favorite games has sparked a debate on fair compensation in the gaming industry amidst layoffs and controversies. Additionally, Galvanick, founded by security experts from the White House and Amazon, is

17:58

Remote Work Debates, Tech Startups Rising, AI Voice...

Preston"s News ·

2024/04/15

CEOs are divided on the effectiveness of remote work, while tech startups like Checkr, Guesty, and Humane's Ai Pin device are making a mark in the industry. Elon Musk's Tesla and Faraday Future are also in the spotlight with their latest advancements. Additionally, cybersecurity startup Noname Security, founded by Oz Golan and Shay Levi, is in discussions to sell itself to Akamai Technologies for $500 million, a notable drop from its previous valuation of $1 billion. If the deal goes

14:42

Stagnant Startup Funding, Meta's AI Search Bar,...

Preston"s News ·

2024/04/14

episode_summary

15:30

CEOs Debate Remote Work, Tech Startups Thrive, AI...

Preston"s News ·

2024/04/13

CEOs debate remote work effectiveness as tech startups like Checkr and Guesty gain traction. Elon Musk's Tesla and Faraday Future also make headlines with their latest updates. Meanwhile, Humane, a Bay Area startup, introduces Ai Pin, a voice-based AI device aimed at reducing smartphone reliance. Additionally, cybersecurity startup Noname Security, founded by Oz Golan and Shay Levi, is in talks to be acquired by Akamai Technologies for $500 million, a significant drop from its previous

11:44

The Extended Cut for 04/12/2024

Preston"s News ·

2024/04/12

The Extended Cut for 04/12/2024New AAC Commissioner, Tim Pernetti, believes College Football Playoff expansion is good for the sport and discusses future growth opportunities. Social media video falsely claims oceans don't mix, debunked by oceanographers. Airtree Ventures uses company-led secondary sales to slim down equity stakes and generate liquidity from its most promising bets, such as Canva, Immutable, and LinkTree. Silicon startup Muon Space designs, builds, and operates

15:03

Tech Leaders Turn Entrepreneurs, Disrupting Consumer...

Preston"s News ·

2024/04/12

Experienced tech leaders are shifting to roles in startups, while consumer tech, particularly smartphones, is being disrupted by innovative AI accessories like the Ai Pin from Humane, founded by individuals with Apple backgrounds who are challenging industry norms with a subscription model. Simultaneously, the college football quarterback landscape is undergoing rapid transformation due to transfer portals, coaching changes, and NIL rules, creating instability and uncertainties in

11:41

The Extended Cut for 04/11/2024

Preston"s News ·

2024/04/11

The Extended Cut for 04/11/2024 Angel Studios revolutionizes film financing with a crowdfunding approach, leading to successful global releases like 'Sound of Freedom' and upcoming diverse projects. The video game industry in 2024 is flooded with remakes and remasters of popular games due to rising development costs and risks, prompting studios to opt for safer strategies. Nvidia and Georgia Tech launch an AI supercomputer for students, democratizing access to supercomputing resources and

18:01

Microsoft's AI Innovations, Equity in Startups, AI...

Preston"s News ·

2024/04/11

Microsoft unveiled new AI tools at its Build conference to improve user interaction on Windows and enhance AI models for developers, with Mustafa Suleyman from DeepMind joining as the new head of Microsoft AI. Equity's startup-focused show highlighted recent startup-on-startup deals, a $60M venture fund for growth-rounds in Africa, and other significant transactions in the startup sector. Additionally, Rep. Adam Schiff introduced a bill requiring AI companies to disclose data used for

11:32

The Extended Cut for 04/10/2024

Preston"s News ·

2024/04/10

The Extended Cut for 04/10/2024 Venture interest in fusion startups remains strong as Proxima Fusion, a spin-out from Max Planck Institute for Plasma Physics, raises €20 million to build fusion power plants using innovative stellarator technology. The company aims to achieve viable nuclear fusion energy by the mid-2030s. General Motors reveals the redesigned 2025 Buick Enclave as part of the brand's transformation, featuring new tech, exterior and interior upgrades. GM plans to expand

15:49

Llama 3 AI Advancements, TRL Bootcamp Collaboration,...

Preston"s News ·

2024/04/10

Meta plans to launch Llama 3, a new large language model, to compete with OpenAI and improve AI capabilities. SpaceWERX and Aerospace Corporation partner to create a TRL bootcamp lab, aiding startups in technology maturity levels for investors. Microsoft addresses a security issue where internal passwords were exposed on a cloud server, posing risks of data leaks and service compromises, underscoring persistent security concerns at the company.

15:42

Cloud Infrastructure in Government, Sports Schedule...

Preston"s News ·

2024/04/09

Larry Ellison, Oracle's CEO, envisions governments utilizing cloud infrastructure and AI to enhance efficiency in sectors like healthcare, education, and agriculture. Various college and professional sports events are set to take place, spanning baseball, basketball, hockey, soccer, and tennis. Elon Musk endorsed Grok, an AI tool that recently produced a fake news story related to the solar eclipse due to its limited technological capabilities rather than intentional bias. Musk's concerns

16:00

Y Combinator Startups, Gaming Tech Advancements, AI...

Preston"s News ·

2024/04/08

The Equity podcast from TechCrunch delves into Y Combinator startups, upcoming IPOs of Ibotta and Rubrik, shedding light on the startup scene. Additionally, advancements in AI upscaling technology by AMD, Nvidia, and Intel have enabled budget PC gamers to experience high-quality gameplay with DLSS, XeSS, and FSR leading the way. Rubrik has established an AI governance committee to manage the integration of artificial intelligence in its operations, addressing legal, security, and business

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