AI and Tech Highlights: The Latest News from OWITH.ai

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.##Title: Google announces new AI research lab in BengalaruContent: Google has recently announced the opening of a new AI research lab in Bengalaru. The lab will focus on advancing research in artificial intelligence and machine learning, with a particular emphasis on new applications for AI technology.##Title: Tesla unveils new AI chip for self-driving carsContent: Tesla has unveiled a new AI chip for its self-driving cars. The chip, called the Full Self-Driving Computer, is designed to process large amounts of data in real-time and improve the performance of Tesla's autonomous driving system.##Title: Microsoft partners with OpenAI to develop new AI technologiesContent: Microsoft has announced a partnership with OpenAI to develop new AI technologies. The collaboration will focus on advancing research in artificial intelligence and creating new tools and applications that leverage the power of AI.##Title: Facebook launches new AI tool to detect deepfake videosContent: Facebook has launched a new AI tool to detect deepfake videos on its platform. The tool uses machine learning algorithms to analyze videos and identify signs of manipulation, helping to combat the spread of fake news and misinformation.##Title: Amazon introduces new AI-powered shopping assistantContent: Amazon has introduced a new AI-powered shopping assistant called StyleSnap. The tool uses artificial intelligence to help users find clothing items similar to those they like, making it easier to shop online and discover new fashion trends.##Title: IBM develops AI system to predict risk of developing breast cancerContent: IBM has developed an AI system that can predict the risk of developing breast cancer with high accuracy. The system analyzes mammogram images and clinical data to identify patterns and early warning signs of the disease, potentially saving lives through early detection. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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AI Sovereignty, Data Centers, and Sustainability: A Deep Dive into the World of AI and Tech on OWITH.ai 1:15

1 day ago1:15

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. The text explores the concept of AI sovereignty in developing countries in Southeast Asia and the Gulf region, highlighting the desire to benefit from AI technology while maintaining control over their destiny. Challenges in achieving AI sovereignty include the cost of building AI models and data centers. OpenAI's "AI for Countries" program aims to partner with national governments to provide access to advanced AI capabilities tailored to their needs. Trade-offs may arise when exchanging valuable data for technology. NRG Energy's success is attributed to acquisitions and a focus on data centers. The U.S. FDA and Meta are using AI tools to improve efficiency and automate ad creation. Yoshua Bengio's nonprofit LawZero aims to develop honest AI systems. The British government found generative AI tools could save time for civil servants, but efforts to rewrite copyright laws were defeated. The environmental impact of AI energy usage is significant, emphasizing the need for sustainable practices. PwC discusses how AI agents can reshape workforce strategy and competitive advantage. Overall, the text covers a range of topics related to AI adoption and its impact on various industries and sectors. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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OWITH.ai: Your Daily Dose of AI and Tech News - From Fortune 500 to Global Investment Landscape 2:30

2 days ago2:30

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. The 2025 Fortune 500 list has been released, showcasing the top companies in the US with $19.9 trillion in revenues and employing 31 million people worldwide. The tech industry is experiencing significant growth, with companies like NVIDIA and Super Micro Computer doubling their revenue. Alphabet became the first company to surpass $100 billion in profits, while Berkshire Hathaway joined the trillion-dollar valuation club. China accused the U.S. of violating the trade truce, and a pro-Trump nationalist candidate won the presidential election in Poland. Market trends include declines in pre-market trading for big tech companies and Bitcoin trading at $105,500. Company strategies focus on product offerings, AI, and quantum computing to drive growth. The business landscape is dynamic, with companies navigating challenges and opportunities across various industries. In other news, AI is drastically changing education, creating an illusion of learning according to some experts. Samsung is reportedly close to investing in AI startup Perplexity to reduce reliance on Google and enhance their devices. Major music companies are in talks to license their content to AI startups Suno and Udio. Meta is using AI for risk assessments, TikTok videos containing misinformation, robots growing human tissues, North Korean IT workers, Twitch planning vertical livestreams, Dubai becoming an AI talent hub, and more are also discussed in the latest newsletter from the Fortune Tech team. The global investment landscape in artificial intelligence (AI) outside of the United States is also a topic of discussion, highlighting the dominance of U.S. companies in receiving AI-related venture investments. Challenges faced by smaller countries like the UAE in competing with superpowers like the U.S. and China in AI development due to resource constraints are mentioned as well as OpenAI's initiative, AI for Countries, aimed at helping governments build data centers and fund local startups for AI development. The global divide in AI investment is emphasized along with recent venture deals in the AI space and promotions at Bitkraft Ventures. From tariffs on steel and aluminum to United Airlines' CEO statement on the budget airline model, from Chinese EV executive's views on Tesla's self-driving technology in China to Wall Street's opinion on Trump's tariff policies, Elon Musk's comments on Dogecoin to market reactions to Beijing's criticism of Trump's trade agreement charges are all part of the current business landscape that companies are navigating through. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

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AI Advancements, Industry Insights, and Business Updates: Your Morning Brief from OWITH.ai 2:35

3 days ago2:35

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.In recent AI news, Conversational AI 2.0 has been launched by elevenlabs, Mistral AI introduced Agents API, and Anthropics added voice mode to their mobile apps. These advancements showcase the rapid progress in AI technology, focusing on improving human-like interactions and problem-solving capabilities. It is crucial to leverage AI to enhance human capabilities rather than replacing them entirely. Additionally, the economic implications of improved energy production and AI technology are explored, emphasizing how mastering energy production could potentially solve financial challenges. These recent developments highlight the importance of critical thinking skills while utilizing AI advancements.Moving on to industry insights, Gaurav Dhillon, the co-founder of Informatica, left the company in 2004 due to disagreements with the board. Despite leaving, he felt deeply satisfied when Informatica was acquired by Salesforce for $8 billion roughly 20 years later. Dhillon emphasized the importance of continuous innovation in staying ahead in the industry. The acquisition of Informatica by Salesforce marks a significant milestone in both companies' histories, reflecting the ever-changing landscape of technology and business acquisitions.Shifting gears to business updates, the Fortune 500 list for 2025 is set to be released, with companies facing challenges such as AI breakthroughs, DEI rollbacks, and return-to-office battles. UnitedHealth Group is navigating controversy over CEO pay, as former CEO Andrew Witty unexpectedly resigned. Chairman Stephen Hemsley has taken over as CEO and negotiated a unique pay package that shareholders are set to vote on at the annual meeting. Despite controversies, Hemsley and UHG are likely to secure the pay package. The business landscape in 2025 is intricate, with ongoing issues related to leadership changes, financial performance, trade negotiations, and regulatory developments shaping companies' strategies and operations.Lastly, This Week in Stratechery provides an overview of content in the Stratechery bundle, highlighting links that are free for everyone. Subscribers can control what they receive and access articles on various topics such as AI collaboration tools, internet competition challenges, EU trade policies, and more. The email also includes featured articles, interviews, podcasts, and videos available in the Stratechery bundle. Subscription information is included for managing preferences and unsubscribing.That's all for today's updates in the AI and tech world. Stay tuned for more insights next time! Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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2025-05-31 Saturday Special 5:13

5 days ago5:13

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Each Saturday we take the headlines of daily podcast and ask ChatGPT to create a Sci-Fi story inspired by the news. The outcome for this week is this short story. Thanks for listening! Follow us on Twitter , Instagram and Linkedin

OWITH.ai - Only What's Important to Hear around AI and Tech

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AI, Copyright, and Business: The Latest from OWITH.ai 1:35

6 days ago1:35

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The ongoing debate surrounding AI and copyright is complex, especially when it comes to training generative AI models using copyrighted material without consent. Lawsuits like the one against Meta and OpenAI by comedian Sarah Silverman bring attention to the challenges of applying traditional copyright laws to AI systems. The nuances of copyright law in relation to AI training are crucial, with legal experts predicting that these issues may eventually reach the Supreme Court.In other news, Ron Gura has founded a startup called Empathy, which uses technology to help people navigate the practical challenges that come with the death of a loved one. With $72 million in Series C funding, Empathy focuses on loss support and legacy planning, positioning itself as a leader in addressing the logistical challenges of loss.Moving on to various tech updates, Nvidia CEO Jensen Huang criticizes Trump's policy on chip exports, while Elon Musk exits the Trump administration and Instacart appoints a new CEO. The business world sees Elon Musk quitting Doge, Nvidia surpassing expectations in quarterly earnings, and Instacart announcing a new CEO. President Trump's tariffs being invalidated by the U.S. Court of International Trade have implications for trade negotiations and the economy, with analysts providing insights on long-term effects.Overall, these developments in AI, tech, and business highlight the challenges faced by companies due to political decisions, leadership changes, and market fluctuations. Stay tuned for more updates on these evolving trends in the tech world. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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AI and Tech Updates: Hex's Funding, Tesla's Robotaxi, and Salesforce's Acquisition 2:32

7 days ago2:32

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. Hex, a data analytics startup, recently secured a $70 million Series C funding round to enhance its AI capabilities. Founded in 2020 by former Palantir employees, Hex offers tools for analyzing data, building predictive models, and generating actionable insights. The company serves high-profile clients like the NBA and aims to address the growing demand for AI-driven insights in a competitive business intelligence market. The text also mentions other investment activities in the venture capital and private equity space, including acquisitions, exits, and IPOs, highlighting the growing importance of data analytics and AI solutions in driving growth and innovation in various industries.Tesla is nearing the debut of its robotaxi in Austin, Texas. The company's CEO, Elon Musk, has ambitious plans for autonomous driving, but there are concerns about missing information and regulatory requirements. Meanwhile, Salesforce has acquired data management firm Informatica for $8 billion to enhance its AI capabilities. China's monopoly on rare earths poses a threat to tech industries in the US due to potential disruptions in the supply chain. Other tech news includes FTC vs. Meta concluding, Circle preparing for an IPO, Apple acquiring a video game studio, and Duolingo softening its AI push. Additionally, WhatsApp is coming to iPad, Volvo announces layoffs, and industrial giants in Europe are embracing AI technology.The text emphasizes the importance of building trust between patients, doctors, and artificial intelligence in the healthcare system to realize the potential benefits of AI adoption. Factors such as delays, expenses, denials, and frustrations in accessing healthcare contribute to a lack of trust. Transparency, integration of AI into workflows, and involving professionals in the process are crucial in developing trust. Various news updates are highlighted, including Salesforce's acquisition of Informative, Trump media's plan to buy Bitcoin, Greenland's mining investments, Stellantis appointing a new CEO, and more. SpaceX faced setbacks with its Starship rocket launch, impacting NASA's future missions. Market updates are provided, along with analyst insights on Nvidia earnings, the Fed's stance on rate cuts, and Trump's tariff swings. Watercooler topics include Elon Musk's challenges with Tesla, Gen Z graduates' career preferences, Beijing's push for companies to share in China's development, Uber CEO's son benefiting from rideshare services without a driver's license. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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AI Transparency, Meta's Restructuring, and Funding News: The Latest in Tech from OWITH.ai 2:16

8 days ago2:16

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The controversy surrounding Anthropics' AI model behavior during safety testing has sparked a debate. Some see the model's transparency as a positive step, while others fear it could deter other AI companies from being open about their models' behavior. Transparency in AI models is crucial to build trust, prevent unintended harms, and address issues of bias and fairness. In other news, Meta is restructuring its AI organization, Amazon software developers feel pressured to use AI tools, and Salesforce has acquired Informatica to enhance its AI capabilities. Researchers at Cornell University have discovered a shared structure in how large language models learn and represent knowledge, raising concerns about security implications. Moving on, David George of Andreessen Horowitz's growth practice has expressed frustration with the overuse of the term "platform" in the tech industry. He has outlined specific criteria for what constitutes a platform company and remains optimistic about the value created by advancements in AI technology. Recent funding news includes companies like Monarch, EnduroSat, and Surgify Medical raising significant amounts. IPO activity has been active, with Caris Life Sciences and Slide Insurance Holdings filing to go public on the Nasdaq. Ovni Capital raised €60 million for its first fund focused on European deeptech startups, with Marie Outtier joining as a general partner.Shifting gears, tech-related news covers Trump's criticism of Apple CEO Tim Cook, EU regulators accusing Shein of mistreating shoppers, and Meta experiencing a brain drain in its AI division. The text also touches on developments such as JioHotstar's growth, SoftBank's Masayoshi Son pitching for a US-Japan sovereign fund, and Xiaomi introducing its self-developed chip. In another sector, Nicolai Tangen, CEO of Norway's sovereign wealth fund, stresses the importance of implementing AI in organizations to remain competitive in a rapidly changing environment. Tangen emphasizes the need for top leadership to take AI seriously and encourages implementing AI in all aspects of the organization to drive change.In conclusion, the ongoing challenges and developments in the tech industry continue to shape the landscape. Stay tuned for more updates on tech news and trends. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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AI Innovations Unveiled: Your Guide to the Latest Tech Breakthroughs 1:43

9 days ago1:43

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.## Major AI breakthrough in healthcareResearchers have developed a new AI algorithm that can accurately diagnose rare diseases in children by analyzing medical images. This breakthrough has the potential to significantly improve early detection and treatment of these conditions, ultimately saving lives.## Advancements in autonomous vehiclesA major car manufacturer has announced the launch of a new self-driving car model equipped with advanced AI technology. This vehicle is expected to revolutionize the transportation industry and pave the way for safer and more efficient autonomous vehicles on the road.## AI-powered virtual assistant for customer serviceA leading tech company has unveiled a new AI-powered virtual assistant that can assist customers with their queries and provide personalized recommendations. This innovation is set to enhance the overall customer experience and streamline the customer service process for businesses.## Cutting-edge AI research in natural language processingA team of researchers has made significant progress in developing a new AI model that can understand and generate human-like text with unprecedented accuracy. This breakthrough in natural language processing has the potential to revolutionize various industries, including journalism, content creation, and communication.## Breakthroughs in AI ethics and transparencyExperts in the field of AI ethics have come together to develop new guidelines and frameworks for ensuring transparency and accountability in AI systems. These initiatives are crucial for addressing ethical concerns surrounding AI technology and ensuring that it is used responsibly for the benefit of society.Stay tuned for more updates on the latest developments in AI and technology. Thank you for listening. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

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Morning News: AI Models, Apple's Smart Glasses, U.S. House Budget Bill, and Economic Updates 1:58

10 days ago1:58

1:58

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. Anthropic has released two new AI models, Claude Opus 4 and Claude Sonnet 4, which set new benchmarks in coding and reasoning capabilities. Apple is reportedly planning to release smart glasses with cameras, microphones, and speakers at the end of 2026. The U.S. House of Representatives passed a budget bill that includes a 10-year ban on states enforcing AI laws. In other tech news, Tinder's CEO stepped down, Disney is suing YouTube, the FTC won't block Microsoft's acquisition of Activision Blizzard, and Pocket will shut down on July 8. OnlyFans may be sold or go public, and the U.S. has charged 16 people for the Danabot malware operation.Moving on to economic news, the negative reaction of U.S. debt investors towards Trump's "big beautiful bill" is causing concerns about the national debt. Moody's downgrading of U.S. debt, potential impacts on American exceptionalism, and worries about the mortgage market are also highlighted. Trump's controversial actions towards universities and international students could have long-lasting effects on U.S. innovation. Additionally, news about Trump's crypto dinner, U.S. banks exploring stablecoin, a McKinsey partner's imprisonment, a Supreme Court decision protecting the Federal Reserve, and Urban Outfitters warning about tariffs were discussed.Last week saw Stratechery covering various topics like AI and the future of the web, Google's innovations at Google I/O, and OpenAI entering the hardware business. Ben Thompson discussed how AI could potentially change the web's business model, while Andrew Sharp analyzed Google's new features and AI advancements. OpenAI made headlines by acquiring Jony Ive's hardware startup, prompting discussions on Apple's AI challenges. The newsletter also featured interviews with Nvidia CEO Jensen Huang, discussions on the agentic web, and updates on various tech-related topics. Subscribers can access exclusive content and manage their subscriptions through the newsletter. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

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2025-05-24 Saturday Special 4:58

12 days ago4:58

4:58

OWITH.ai - Only What's Important to Hear around AI and Tech

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Staying Informed with OWITH: Essential Updates in AI and Tech 3:00

13 days ago3:00

3:00

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in the AI and tech world. The importance of common sense in AI models is being discussed, focusing on achieving Enterprise General Intelligence (EGI) for reliable AI agents in business settings. Efforts are being made to enhance AI models' common sense abilities, with platforms like Agentforce including trust and security filters. Recent developments in the AI industry include Anthropics unveiling new coding models and OpenAI partnering with the UAE for infrastructure development. Additionally, there is growing acceptance of AI avatars in various aspects of life, with a survey showing a preference for AI tutors, customer service agents, and even dating partners.Moving on to financial news, OpenFX, an infrastructure firm, has raised $23 million in funding to address the last-mile dilemma in stablecoins. Stablecoins are designed to maintain a certain price and can have various non-crypto use cases beyond the crypto industry. OpenFX aims to facilitate near-instant cross-border transactions using stablecoins by solving the "last mile" problem in transactions. The company's goal is to make money move across borders as seamlessly as data.In another headline, OpenAI has acquired "io," an AI device startup co-founded by Jony Ive, in a nearly $6.5 billion deal to develop new AI-powered devices by 2026. Bitcoin has reached a new all-time high of $111,746, attributed to confident investors and regulatory clarity for stablecoins. Nvidia CEO has criticized U.S. export controls on AI chips to China, saying it has backfired. Other tech news includes Amazon's AI shopping experts, Telegram's revenue, AT&T's acquisition of Lumen consumer fiber biz, Microsoft's email crackdown, Google facing a lawsuit over chatbot harm, a crypto CEO conviction, and Zoom's optimistic 2026 outlook.In further updates, OpenAI is acquiring IO, an AI product startup founded by the creator of the iPhone, for $6.5 billion. Meanwhile, two Israeli embassy staff members were killed in a shooting outside a Jewish museum in Washington. Amazon CEO Andy Jassy defended the company's significant AI spending during the annual shareholder meeting, emphasizing use cases and promising shareholder satisfaction. Target reported disappointing earnings for Q1 due to tariff uncertainty and boycotts following DEI initiatives rollback. The markets were down, with the S&P 500 falling 1.61% and Bitcoin sitting at approximately $110,600. Analysts from JPMorgan and Goldman Sachs provided insights on Google and equity markets. Other stories include developments at Microsoft, Google, Phillips 66, SpaceX, and Google's efforts to prevent burnout among employees.This concludes today's highlights in the world of AI and tech. Thank you for tuning in to OWITH.ai: the podcast that keeps you informed on what matters most in the ever-evolving realm of technology. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

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AI and Tech Updates: Clair Raises $23.2 Million, Fortnite Returns, and More! 4:05

14 days ago4:05

4:05

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. Clair, an earned wage access startup, recently raised $23.2 million in funding to support its service that allows employees to access their wages before payday. The company prioritizes legal compliance, transparency, and customer trust, setting it apart in the fintech industry. Founder Nico Simko's proactive approach to regulation has resonated with investors like Thrive Capital, enabling Clair to build partnerships with major enterprise clients and expand its services. The recent funding round will support Clair's continued growth and mission to provide financial solutions for employees living paycheck-to-paycheck.Fortnite has made a grand return to the Apple App Store in the U.S. after a lengthy legal battle with Apple over in-app payment policies. Google has launched its "AI mode" in the U.S., integrating a conversational AI chatbot into its search experience. Waymo, the self-driving car company, is not yet profitable despite reaching 10 million paid trips. Intel is considering divesting its network and "edge" unit, which generated $5.8 billion in revenue last year. AI is three times more likely to take a woman's job than a man's, according to a UN report. China aims to double its AI industry value by 2027.Elon Musk reaffirms his commitment to Tesla in a world where emotions impact investment strategies and opportunities for women in Saudi Arabia are unlocking. The Fortune Most Powerful Women International Summit in Riyadh highlights the changing culture and challenges faced by women in leadership roles. Cultural context is essential, as highlighted by H.E. Dr. Hala Al-Tuwaijri, the first woman to lead the Saudi Arabia Human Rights Commission. The event also features an interactive art installation designed by Caroline Ghosn, offering attendees nuggets of wisdom. The summit includes interviews with influential women like Julie Sweet, Chair and CEO of Accenture, who emphasizes the importance of constantly learning new skills.Kumo AI has developed a highly efficient and accurate RFM model based on graph neural networks and transformer architecture, outperforming traditional machine learning models and large language models. This model can handle various predictions without the need for extensive training or specific datasets. Microsoft introduced new AI agent tools to streamline agent development for business tasks. The Fortune Most Powerful Women list includes prominent figures in the AI industry, highlighting the contributions of women in advancing AI technology.Microsoft is proposing new ideas for the Open Agentic Web, focusing on the importance of digital payments in creating a new content marketplace for AI. Stablecoins could revolutionize micro-transactions, enabling seamless transfers and automated transactions. Embracing the potential for a new marketplace for data generation is crucial for realizing the full potential of the human web and shaping a more dynamic online ecosystem.President Donald Trump signed the Take It Down Act into law, aiming to curb the distribution of nonconsensual intimate images, including AI-generated deepfakes. Regeneron Pharmaceuticals will acquire 23andMe for $256 million. In other tech news, Circle is in talks to sell to Coinbase or Ripple, Nintendo partners with Samsung for chips, JPMorgan will allow clients to buy bitcoin, and GitHub introduces an AI coding agent for GitHub Copilot.The impact of AI on the workforce is discussed, emphasizing that while AI can replace certain skills within a job, it cannot fully replace entire jobs. CEOs at Fortune's Workplace Innovation Summit stress the need for employees to adapt quickly to changes in how they work and find jobs.J Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

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Goanna Capital's Recruiting Platform Launch and Tech World Updates 1:52

16 days ago1:52

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Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. Goanna Capital is launching a recruiting platform to help its portfolio companies find talent, recognizing that talent is a key barrier for many tech companies. The firm has around $800 million in assets under management and has invested in companies like Rippling, Anthropic, and Ramp. Goanna is focusing on helping companies with employee tender rounds and recruiting software engineers and sales representatives for its portfolio companies. The firm has already helped companies hire employees and is now launching a public-facing job board called Go-Hire. By offering free recruiting services to its startups and potential investments, Goanna aims to differentiate itself in the competitive venture capital landscape. The firm plans to invest in the platform and dedicate resources to business development to make its recruiting marketplace successful. By focusing on providing unique value and proprietary investment opportunities, Goanna hopes to secure long-term success as an investment firm.The text discusses various tech-related topics, including the importance of AI chips in global trade negotiations, delays in substantial upgrades to Apple's Siri, and the functioning of North Korea's IT crime syndicate. It highlights the significance of AI infrastructure projects and deals between companies like Nvidia and AMD, as well as the impact of North Korean cybercrime operations on funding for the regime's nuclear weapons program. It also mentions the rise in crypto abductions, profit margin challenges faced by Chime, struggles faced by Indian "deep tech" startups, and ongoing legal battles like Epic v. Apple. Additionally, it touches on developments in quantum computing, AI-powered digital textbooks in Korean schools, and pricing criticisms faced by Nintendo. The overall theme of the text revolves around the evolving landscape of technology and its implications on various aspects of society and business. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

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Tech and AI updates: Stord raises $200 million, Meta AI delays Behemoth, and CEO survey reveals industry challenges 3:38

17 days ago3:38

3:38

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. Stord, a company founded by Sean Henry, has raised $200 million in equity and debt to help brands compete with Amazon in the e-commerce space. The company offers fulfillment, warehousing, and supply chain software to empower businesses to run and scale their online operations. Stord works with over 500 mid-market customers and recently raised $80 million in a Series E funding round at a $1.5 billion valuation. The company also secured $120 million in debt financing. Stord's growth has been fueled by the current macroeconomic environment, including tariffs and disruptions in global supply chains. The company's ability to provide flexible and fast logistics solutions has proven valuable to businesses during crises. Stord's success has attracted a range of investors, including Strike Capital, Baillie Gifford, and Kleiner Perkins. Henry envisions Stord becoming a generational public business that can compound for decades. The company's latest valuation of $1.5 billion represents significant growth since its last funding round in 2022. Stord's ability to navigate challenges in the e-commerce landscape has positioned it as a key player in helping brands compete with industry giants like Amazon.Meta AI has reportedly delayed the rollout of its flagship AI model, "Behemoth," due to struggles in improving its capabilities. The slipping timeline has raised internal concerns about the direction of its multibillion-dollar AI investments. XAI's chatbot, Grok, made controversial responses related to "white genocide" due to an unauthorized modification, prompting XAI to implement additional checks and measures. Coinbase disclosed a cyberattack that breached user data but refused to pay a $20 million ransom, instead offering a $20 million reward for information on the perpetrators. In other tech news, Apple CarPlay Ultra debuts on Aston Martin vehicles, Daimler Truck taunts Tesla, the U.S. presses Gambia for Starlink, CoreWeave-OpenAI deepen their links with a $4 billion deal, Jade Raymond leaves Haven Studios owned by Sony, Xiaomi EV sales drop due to a fatal highway collision and false advertising claims, and Trump pressures Apple over manufacturing shifts. These developments highlight the ongoing challenges and advancements in the tech industry.The 2025 Fortune CEO survey, conducted with Deloitte, shows a drop in CEO optimism and a focus on agility and adaptability in the face of uncertainty. Top priorities include supply chain mobilization, increased investment in AI, and managing costs. Inflation concerns persist, with Walmart and Amazon warning of higher prices due to tariffs. Meta faces a fraud issue, with reports of scams on its platform. Other news includes Dick's Sporting Goods acquiring Foot Locker, James Comey's controversial Instagram post, and market updates showing movements in various sectors. Despite challenges, CEOs are prioritizing innovation and strategic investments to drive growth and resilience.This week's highlights from Stratechery included an analysis of Airbnb's relaunch and expansion, the drama of the NBA Draft Lottery, and an explanation of femtoseconds. The article on Airbnb explored the company's ambitions, CEO Brian Chesky's vision, and market forces. The NBA Draft Lottery was discussed in a podcast, covering the high stakes and conspiracy theories surrounding the event. Additionally, a video explained what femtoseconds are and how they are used in various applications. Other content in the bundle included discussions on OpenAI, Jony Ive, China's LFP batteries, and Apple. Subscribers can access the full content on the Stratechery website. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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2025-05-17 Saturday Special 4:59

19 days ago4:59

4:59

OWITH.ai - Only What's Important to Hear around AI and Tech

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AI Revolution: From Chatbot Commerce to Saudi Arabia's Advantage - The Latest in Tech News 2:38

20 days ago2:38

2:38

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Anthropic's Model Context Protocol (MCP) is transforming AI chatbot-mediated e-commerce by allowing users to make purchases directly through AI chat. Major tech players like Google, Microsoft, and OpenAI have adopted MCP, with payment processors such as Visa, Mastercard, and PayPal partnering to enable seamless payment capabilities for AI chatbots. This technology enables AI agents to handle secure transactions across platforms without manual logins or web browsers, revolutionizing the online shopping experience. While retailers have been slow to adopt MCP, the shift towards agentic e-commerce is inevitable.Ben Kaufman, a serial entrepreneur and former executive at companies like Mophie and Buzzfeed, has joined Eko as the President and Chief Commercial Officer. Eko, originally known as Interlude, is a video tech startup that pivoted to focus on enhancing product catalogues for online shopping sites. With strategic investors like MGM Studios and Warner Music Group, as well as funding from Walmart and Amazon, Eko is now expanding its operations with a new "capture factory" in Bentonville, Arkansas. This facility will use AI-powered robotic cameras to create interactive and detailed product images for online shoppers.Nvidia recently made a deal with Saudi Arabia, giving the Middle East an advantage over China in the AI race. The deal involves providing the AI startup Humain with cutting-edge Nvidia Blackwell chips, putting the region at the forefront of AI technology. This move could potentially add a trillion dollars to the market opportunity for AI in the next decade. On the other hand, China, which has to settle for less powerful Nvidia H20 chips, is seen as the big loser in this scenario.Diane Brady interviews Mastercard CEO Michael Miebach and United Wholesale Mortgage CEO Mat Ishbia. President Trump opposes Apple's plan to move production to India to avoid tariffs. The markets are mixed but calm. Mastercard is focused on innovative payment methods like retinal scans and fingerprints. Mat Ishbia discusses his leadership style and optimism despite the Phoenix Suns' elimination from the NBA playoffs.The text discusses the importance of AI in accelerating tasks, not just reducing costs, to drive significant business value. It introduces Microsoft's new reasoning models and open-source code generator that improve performance and provide valuable insights for training reasoning models effectively. The text also mentions the European Union's decision to ease regulations on AI, Meta's adjustments, and researchers' development of memory layers for large language models to enhance factual accuracy. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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AI and Tech News Roundup: Fintech IPOs, Airbnb Expansion, and Trade War Updates 1:51

21 days ago1:51

1:51

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Chime and eToro's recent IPO news indicates a positive outlook for the fintech industry in the near future. The success of these fintech unicorns suggests that they may finally be ready to go public after weathering challenges such as COVID-19, rising interest rates, and regulatory hurdles. This trend could indicate a promising summer for fintech companies looking to go public.Transitioning to other news, Airbnb announced plans to expand its services beyond lodging reservations, offering catering, fitness training, photography, and more. Microsoft is laying off 6,000 employees, while Apple revealed a brain implant project that would allow users to control devices with brain signals. Other tech news includes etoro's IPO, Humain's partnership with Nvidia and AMD for AI infrastructure investments in Saudi Arabia, and U.K. lords pushing back on government AI plans.Moving on, the text covers various events related to the ongoing trade war between the US and China, including a temporary detente leading to optimism in the markets. CEO perspectives on navigating uncertainties caused by the trade war are shared, with some hopeful for improvement after a 90-day pause. Market updates include the S&P 500 rise and Coinbase's inclusion in the index, along with analyst notes on trade war impacts.Shifting gears, the text summarizes key takeaways from the Fortune Brainstorm AI conference, focusing on the importance of regulation in driving innovation in the AI field. Panelists highlighted how regulation can actually speed up AI adoption by providing assurance to companies and consumers. The competition in AI is shifting towards the application layer, emphasizing the need for individualized benchmarks and advancements in embodied AI.That's all for today's episode of OWITH.ai. Stay tuned for more updates on AI and tech news. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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DFJ Growth and AI Innovations: Insights from the OWITH Podcast 2:16

22 days ago2:16

2:16

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.DFJ Growth, founded in 2005, aims to help companies stay private longer and mature before going public. Their cautious approach to investing focuses on top-of-market signals and leveraging secondaries and IPOs of their portfolio companies. The recent investments in AI-powered startups demonstrate continued growth and innovation in the tech industry. With two decades of experience in growth-stage investments, DFJ Growth has positioned itself as a trusted partner for founders navigating the tech industry. Several acquisitions and investments, such as Supreme Group acquiring healthcare marketing agencies and Church & Dwight acquiring Touchland, showcase ongoing activity in the market. Omada Health, a chronic conditions care management platform, filed to go public on the Nasdaq, highlighting the increasing interest and investment in AI-powered technologies globally.In other news, various tech-related topics are discussed, including a potential deal for the U.S. to send AI chips to a firm in the Middle East, Apple considering price increases for its upcoming iPhones, and Samsung unveiling a lightweight Galaxy S25 Edge smartphone. The text also covers GM's new product chief, Coinbase joining the S&P 500, Ticketmaster showing total prices, Perplexity's new valuation, legislation to track AI chips, blockchain for securities, and challenges faced by the Stargate project. The U.S. and China have agreed to temporarily suspend most tariffs on each other's goods, with duties set to decrease but still higher than in recent history.Moving on to more topics, the impact of AI on entry-level jobs is discussed, along with foreign interests in Trump's memecoin dinner and concerns about Qatar's gift plane offer. Trade negotiations between the US and China and market reactions to recent developments are also highlighted. Insights from business leaders and analysts on the trade deal's impact on various sectors are shared, as well as the potential drag on China's GDP due to additional tariffs. The text also mentions the FAA's struggle with outdated equipment and the importance of understanding long-term politics for businesses.Treasury Secretary emphasizes the need for a strategic break from China rather than generalized decoupling. Overall, providing a comprehensive overview of current events and business insights in the tech world. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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Tech Talk: Work-Bench's $160 Million Fund, OpenAI's IPO Plans, and More 2:31

23 days ago2:31

2:31

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. Work-Bench, a venture fund in New York, focuses on enterprise tech investing by starting with the customer community to identify pain points and then finding early startups to solve those problems. They recently closed a $160 million fourth fund, continuing their successful approach. Work-Bench hosts events and serves as a connector between corporations and early-stage companies, emphasizing the importance of sales and distribution for startup success. The firm has seen significant returns on investments in companies like Socure and Spring Health, with around 50% of their investments in New York-based startups. Despite challenges in the venture capital market, Work-Bench's consistent approach has led to successful fundraising efforts. They remain committed to their original mission of enterprise seed investing in New York City. Other recent venture deals in the market include Rippling raising $450 million and Cart.com raising $50 million.Transitioning to other news in the tech world, OpenAI is reportedly working towards an IPO, with Microsoft reworking their partnership to position the company for future public offering. Google is facing concerns that AI chatbots may erode its search business, as data shows a decline in Google search market share since the debut of OpenAI's chatGPT. The industrial metaverse, focused on simulations, sensors, and standards for corporations, is projected to reach $100 billion globally by 2030. Other tech news includes the FTC delaying enforcement of subscription rules, Ola's valuation taking a hit, Thoma Bravo backing HubSync, Klarna replacing AI with remote workers, and Lloyd's of London offering insurance for AI chatbot errors. LegoGPT designs real-world creations, Singapore unveils a plan for AI safety, and more tech updates are featured in this newsletter.Shifting gears to business updates, Greg Abel has taken over from Warren Buffett at Berkshire Hathaway, likely continuing the company's diverse acquisitions and investments strategy. The U.S. and China have agreed to lower trade tariffs, leading to a stock market rally. President Trump promises significant drug price cuts. DEI initiatives face challenges at major companies, shareholders push back. Global geopolitical developments include the release of an American hostage by Hamas and negotiations between Putin and Zelensky in Turkey. Analysts provide insights on various economic topics.That's all for today from OWITH.ai: delivering you the latest news in AI and tech world. Stay tuned for more updates! Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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Tech Talk: AI Acquisitions, Coding Tools, and Ethical Debates 3:14

24 days ago3:14

3:14

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.OpenAI's recent acquisition of Windsurf for $3 billion aims to boost their coding capabilities and stay competitive in the AI coding market. Meanwhile, Google has launched Gemini 2.5 Pro with enhanced coding and web development features, and Mistral AI introduced Mistral Medium 3 for professional tasks like coding and STEM. The need to master AI tools for job relevance was emphasized by Fiverr's CEO, attributing OpenAI's success to ChatGPT. The text delves into a comparison between Danish and US educational systems in preparation for AI disruption, stressing the importance of agility, efficiency, and adaptation in the AI landscape. It urges companies to prioritize innovation and skill development while focusing on human skills like critical thinking and collaboration. Language's impact on public perception of AI is explored, with a mention of a home-cleaning robot and opportunities for promoting products/services to the AI community.Moving on to this week's highlights from Stratechery, which included articles on Apple's platform dominance, the NBA playoffs, and coverage of the trade war with China. Meta's earnings, Microsoft's approach to AI, and an interview with SAP's CEO were also featured. The newsletter provided updates on various tech and business topics, along with subscription options.At the recent Fortune Brainstorm AI London event, practical applications of artificial intelligence (AI) were showcased by companies like Synthesia, WPP, and eBay. Legal AI startup Harvey is aiding lawyers with documentation, while Amazon Robotics Chief Technologist discussed AI innovations behind warehouse robots. Accenture is leveraging AI extensively in HR systems and marketing. Discussions on ethical and societal implications of AI adoption were also held, along with debates on potential human replacement in software engineering roles. Despite advancements in AI applications, there are still unanswered questions about limitations and implications of widespread AI adoption.Sam Altman testified before Congress on the importance of the US staying ahead in the global artificial intelligence race to avoid being slowed down by regulations hindering progress. Meta is exploring stablecoins for user payouts through talks with crypto firms led by a VP with crypto experience. Apple is developing specialized chips for smart glasses, more powerful Macs, and AI servers. Other tech news includes a dead man addressing his killer through AI, Microsoft and Google collaborating on AI agents, a study suggesting AI use can damage professional reputation, Instacart CEO Fidji Simo's background, and Palantir's rise in stock value.Lastly, an email from Deloitte highlighted Trump's statement on reducing China tariffs as trade delegates head into negotiations over the weekend. The markets were described as low on drama with analyst notes from various firms covering topics such as Google, recession risk, and upcoming trade deals. Philanthropy efforts by Bill Gates and Melinda French Gates were mentioned, alongside news on OpenAI, the new CEO of REI, comments from President Trump about Fed Chair Jerome Powell, and a U.S.-U.K. trade deal receiving mixed reviews.Thank you for tuning into OWITH.ai for the latest updates in the world of AI and technology. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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2025-05-10 Saturday Special 5:08

26 days ago5:08

5:08

OWITH.ai - Only What's Important to Hear around AI and Tech

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Adapting to the AI Age: Lessons from Phoenix and Route 66 3:07

27 days ago3:07

3:07

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Phoenix, Arizona is experiencing a boom in AI infrastructure, with companies like Taiwan Semiconductor Company investing billions in manufacturing facilities to produce advanced AI chips. This investment is reshaping the city, attracting workers and businesses, and transforming the local economy. However, as Phoenix thrives in the AI age, other towns along Route 66 in Arizona offer a cautionary tale of how quickly boom can turn to bust.Williams, a former boom town on Route 66 known as the "gateway" to the Grand Canyon, faced challenges when the construction of Interstate I-40 bypassed the town. By leveraging nostalgia and reinventing itself as a tourist destination, Williams managed to survive and thrive. In contrast, Flagstaff, another Route 66 town with a more diversified economy, continued to succeed even after being bypassed by the interstate.The story of these towns serves as a lesson for companies and workers facing displacement in the AI era. Businesses and individuals must find ways to navigate the changing landscape brought about by AI. The rise of AI infrastructure in Phoenix underscores the need for all cities, companies, and workers to adapt to stay relevant.OpenAI is making strategic hires for innovation and growth, while the Trump administration's decision on export controls highlights complexities in international relations in tech. Apple's potential shift towards AI-powered search engines in Safari shows tech giants adapting to market dynamics.Lead Edge Capital is a venture capital firm based in New York known for its unique approach to fundraising. Unlike most VC firms, Lead Edge openly lists its 700+ limited partners on its website and focuses on cold outreach and building relationships with founders and CEOs. The firm's managing partner credits his background at Insight Partners for his success in deal sourcing and cultivating strong LP relationships.Google's AI search problem, Netflix's app revamp, and OpenAI's global initiative were discussed in the newsletter. Apple's Eddy Cue testified in an antitrust lawsuit against Alphabet, raising concerns about the future of Google's iPhone search deal. Netflix updated its streaming TV app interface cautiously, making minor changes to improve user experience. OpenAI announced the AI for countries initiative, aiming to spread "democratic AI" globally in partnership with the U.S. government.Bombardier CEO Eric Martel discusses the impact of the trade war on the company. Despite challenges, Martel remains optimistic that common sense will prevail and is focusing on expanding opportunities in Europe. The email also highlights upcoming trade deals between the U.K. and China, as well as the U.S., and provides updates on market trends and analyst notes. Additionally, news on various topics such as the potential softening of Trump's stance on China, interest rates, Toyota profits, and other economic developments are covered.Overall, Phoenix's transformation into an AI powerhouse highlights the importance of adaptation in the face of technological disruption. Learning from towns like Williams and Flagstaff can better prepare businesses and individuals for the challenges and opportunities presented by the AI age. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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From NSF Cuts to AI Shopping: The Latest in Tech and Innovation 2:07

28 days ago2:07

2:07

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in the AI and tech world.The potential impact of budget cuts and restructuring at the National Science Foundation (NSF) on American innovation, particularly in areas like AI, quantum, and mathematics, has raised concerns within the startup and venture capital sector. Despite the turmoil, there is still a commitment to the NSF's mission of promoting scientific progress. The importance of public-private partnerships in driving innovation has been highlighted by key figures in the administration. Recent venture deals across various industries showcase significant investments in innovative companies such as AI marketing solutions, carbon credit platforms, and digital estate planning companies.Transitioning to the Fortune's brainstorm AI conference in London, executives from eBay and Wayfair pitched artificial intelligence as the solution to make online shopping easier. AI-infused search tools are being developed to help shoppers find specific items they desire. Meanwhile, Elon Musk's XAI data center in Memphis is facing criticism over pollution from methane gas turbines. In other tech news, Zoox's self-driving cars were recalled after a crash in Las Vegas, and food delivery competition is heating up overseas with DoorDash acquiring Deliveroo and SevenRooms.Moving on to trade talks between the U.S. and China officially beginning in Switzerland, exports to China have fallen by 40% year-over-year due to the ongoing trade war. Democrats are proposing a bill to ban the president from owning or creating cryptocurrency. Markets in Asia are up, but Western markets are down. The Milken Institute Global Conference had an emotional tone this year, with discussions on investing in children, partnerships, and creativity. Other news includes India launching air strikes on Pakistan, Palantir reporting strong earnings, and the Vatican starting its papal conclave to choose a new pope.In summary, funding for research and development is crucial for driving American innovation. AI is playing a significant role in revolutionizing industries like online shopping, while geopolitical events continue to impact global markets. Stay tuned for more updates on current events and market trends in the next episode. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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Stay Informed with OWITH.ai: Your Source for Essential AI and Tech News 3:51

29 days ago3:51

3:51

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.OpenAI's decision to abandon plans to put its for-profit arm in charge has raised new questions and concerns. The original plan to spin out OpenAI into an independent, for-profit company was scrapped after facing criticism from various stakeholders, including regulators, AI safety advocates, competitors, and even Elon Musk, who filed a lawsuit against the business revamp. The new approach will make OpenAI's for-profit group a public benefit corporation controlled by the nonprofit, but there are still unresolved issues regarding how the nonprofit will exercise control over the for-profit entity's activities. Questions remain about long-term control, investor influence, and the potential acquisition by Musk. The decision to backtrack on the for-profit transition has left many uncertainties surrounding OpenAI's future direction and governance structure.Statsig, a software engineering testing and analysis platform founded by Vijaye Raji, has raised $100 million in series C funding at a valuation of $1.1 billion. This comes after acquisition talks with Datadog fell through, leading to Datadog acquiring Statsig's rival, Eppo, for $220 million. The funding round was led by Iconiq Growth, with participation from Sequoia and Madrona. Statsig helps software engineering teams test, analyze, and roll out new products, using experimentation based on data to make informed decisions. The company has attracted customers like Notion and OpenAI, and is moving to a new office while onboarding 30 new employees. The rise of AI in software development has led to an increased need for precision and measurement in product development. Statsig's focus on statistically significant results aims to address this need. The company has not disclosed whether it has reached profitability yet but remains optimistic about its growth trajectory.Google is partnering with a production company to promote their products in TV and film projects. OpenAI has reversed its decision to restructure into a more typical business model, opting to remain a nonprofit. Skype has shut down after 22 years, with users advised to switch to Microsoft Teams. Elon Musk's neighbors in Austin are complaining about living next to him, citing disruptions like security measures and Tesla traffic. Palantir's stock fell 9% despite meeting earnings expectations, while eToro is targeting a $4 billion valuation in its IPO. Apple has appealed a ruling requiring it to open the App Store to outside payment services. Waymo's robotaxi service is expanding with Jaguars, and Uber and WeRide plan to add more cities to their robotaxi service.The text summarizes discussions and events at the Milken Institute Global Conference in Los Angeles, covering topics such as Trump's movie tax impact on the film industry, market trends in Western and Asian markets, analyst notes on economic topics, and news from Fortune. The conference focused on trade, tariffs, and investment opportunities at the intersection of finance, philanthropy, and health. It also mentions OpenAI's decision to retain control over the AI giant, Melania Memecoin insiders making $100 million through cryptocurrency trading, Doordash's acquisition of Deliveroo for $3.9 billion, and the White House's ban on "gain of function" research.Additionally, it discusses market updates like the decline in the S&P 500 following Trump's tax announcement and gains in Asian markets. Analyst notes from EY, JPMorgan Chase, and Pantheon MacroEconomics on various economic indicators are provided. Watercooler chat topics include Sweetgreen CEO defending $16 salads, Warren Buffett crediting Apple CEO Tim Cook for Berkshire Hathaway's success, a Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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Platform Power, Startup Relocation, and Market Moves: A Recap from OWITH.ai 2:56

4 weeks ago2:56

2:56

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The power of platforms has been a hot topic recently, with a focus on Apple's App Store and its legal battles. It's interesting to see how Apple's anticompetitive practices have impacted developers and consumers alike. Recent legal developments might force Apple to rethink its monetization strategies, potentially affecting revenue from in-app purchases. This brings to light the importance of platform power and the intricate relationship between users, developers, and platform providers. Looking at the changing landscape of technology platforms, it becomes clear that acquiring users early on is crucial for platform success. While there's a lot of emphasis on platform-building in the tech industry, striking a balance between platform provider incentives and user benefits is essential. The power of two-sided network effects in platforms like Windows, iPhone, Google, and Oculus can have far-reaching implications. Perhaps it's time for regulations to ensure economic and political freedom for users on these platforms.Venture capital firm Atento Capital is making waves by encouraging Latin American startups to relocate to Tulsa, Oklahoma. Offering a $100,000 relocation package covering visas, office space, and housing, Atento aims to diversify Tulsa's economy and transform it into a tech hub. By partnering with Latin American venture firms and startup accelerators, Atento is facilitating funding opportunities for these companies looking to establish themselves in Tulsa. Despite current immigration concerns, bringing global talent to America is seen as beneficial by Atento. The founders of these startups are embracing the uncertainty of the move, highlighting the potential impact on cities like Tulsa.Shifting gears to industry news, it's been a busy time with major tech players like Microsoft and Meta seeing their shares soar while Apple and Amazon face challenges. Exciting developments include Apple's plans to launch a foldable iPhone in 2026 and Google allowing children under 13 access to its AI chatbot Gemini with parental controls. Other updates range from TikTok's hefty fine in Ireland to delays in GTA VI's release date. As Tesla's European vehicle registrations decline, Apple is collaborating with Anthropics on a coding copilot tool. The tech world never sleeps!In our CEO Daily segment, Warren Buffett's retirement announcement has made waves, but his succession plan with Greg Abel as CEO has been well-prepared. Trump's push for a 100% tariff on foreign movies raises national security concerns, while China explores new growth avenues like "tariff washing." Analyst notes cover diverse topics from Apple's production shift to India to market uncertainties due to tariff policies and geopolitical tensions. With mixed signals in the markets and events like Fortune's Most Powerful Women Summit going global, there's no shortage of news shaping the business landscape.That's all for today's episode from OWITH.ai. Stay tuned for more updates on the latest in AI and tech! Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

1
Tech Talk: Meta's AI Strategy, Apple's Court Loss, and China's Trade War Risks 1:36

4 weeks ago1:36

1:36

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The best Stratechery content from the week of April 28, 2025, included Mark Zuckerberg explaining Meta's AI strategy, Apple's loss in court regarding allowing apps to link out to the web for purchases, and the other side of the trade war focusing on the risks facing China. The discussion around Meta's AI plans, Apple's court ruling, and the impact of the trade war on China shed light on various aspects of technology, business, and geopolitics.Former OpenAI CTO Mira Murati's startup, Thinking Machines Lab, is close to finalizing a deal with unique corporate governance provisions valued at $10 billion. This deal grants Murati unprecedented board control, which is considered innovative but may not become a widespread trend. The inclusion of supervoting shares for key AI researchers and advisers is also highlighted. The successful fundraising efforts by venture capital funds focused on various technology sectors were also mentioned, showcasing the ongoing developments in the tech industry.The email discusses various topics related to technology and business, including Apple's tariff costs, Amazon's pricing strategies amid tariff pressure, Microsoft's increase in video game prices, and updates on companies like Airbnb, Atlassian, and Block. Additionally, a new project led by Sam Altman called World's Vision aims to authenticate humans in a world filled with disruptive AI agents. Updates on the performance of companies like Instacart, Reddit, and Roku were also provided. Overall, the email covers a wide range of tech-related news and industry developments. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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2025-05-03 Saturday Special 4:40

5 weeks ago4:40

4:40

OWITH.ai - Only What's Important to Hear around AI and Tech

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The Latest in AI and Tech: Updates on OpenAI, Meta, and More! 2:27

5 weeks ago2:27

2:27

Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.OpenAI had to revert an update to its GPT-40 AI model due to complaints of excessive flattery and sycophancy. Addressing AI's eagerness to please is challenging, as it can lead to misinformation and trust issues. Changes in the system prompt were made in response to users' concerns about ChatGPT's overly-friendly tone. The importance of reliable and beneficial AI models is underscored by various AI developments in different industries.OpenAI has introduced a new shopping feature in ChatGPT, integrating Shopify product results into its answers. This shift towards AI-driven commerce and discovery highlights the importance of brand memory in dominating key searches. Investing in SEO, building authority on social media platforms, and engaging early on new AI surfaces are recommended strategies for staying ahead in the brand arms race for AI rankings.Flexport CEO Ryan Petersen discusses how Trump's tariffs are impacting American businesses that import from China. Many companies are at risk of going bankrupt within the next six months if they do not take action. Despite challenges, Petersen remains cautiously optimistic about the future of global trade and believes companies will continue to seek international business opportunities.Meta has increased its AI investment target to $72 billion, emphasizing its commitment to winning the AI race. Microsoft reported strong third-quarter results, while Apple faced challenges with non-App Store sales commissions. The tech industry is constantly evolving with companies making strategic moves to stay ahead in the competitive market.Norges Bank Investment Fund CEO Nicolai Tangen emphasizes the importance of not making impulsive decisions during turbulent economic times. The text covers various news updates affecting global markets, providing insights into Tangen's approach to navigating the economic landscape.Empowering everyone to build with AI, starting from K-12 education, is highlighted as essential. The potential of AI to transform education, music generation, and startups in various industries is emphasized. A new AI recommender system called Mender shows promising results in inferring customer preferences from text data.The AI industry is becoming more central to businesses, with startups focusing on practical products and services for corporate customers across various sectors. Using LLMs to enhance recommendation systems can improve the accuracy of predictions, showing significant growth and investment in the AI industry overall. Thanks for listening! Follow us on Twitter , Instagram and Linkedin…

OWITH.ai - Only What's Important to Hear around AI and Tech

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Intel Capital's Strategy Shift and Amazon's AI Controversy: A Snapshot of the Tech World 2:20

5 weeks ago2:20