Ai Advertising Startup Valued at 4bn after Fundraising
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Meta's Advertising Business Keeps Rolling as AI Aspirations Rise
Meta Platforms on Wednesday reported record first-quarter sales, with a 27% increase versus the year prior.The Wall Street Journal - World -
Meta's Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on forecasts of rising costs.The Wall Street Journal - Tech -
Meta value falls $190bn as investors react to plan to increase spending on AI
Shares slumped 15% after Mark Zuckerberg said AI spending would have to grow before Meta could make much revenue from products. Business live – latest updatesShares in Meta slumped 15% when Wall Street opened on Thursday, wiping about $190bn off ...The Guardian - World -
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
AI startup Synthesia on Thursday announced the launch of its "Expressive Avatars," AI-generated digital avatars that can convey human emotions.CNBC - Business -
Exclusive: AI startup Edia guarantees better math outcomes for school districts within one year
AI startup Edia is guaranteeing improved math outcomes for students in grades 6-12 within a year, offering a full refund if results aren't met.VentureBeat - Tech -
How This 26-Year-Old First-Time Founder Raised $55 Million for Her AI Startup
Demi Guo dropped out of Stanford's prestigious AI program and is now running one of AI's hottest startups.Inc. - Business -
Activision Blizzard and AbleGamers’ fundraiser champions inclusive design
Activision Blizzard and AbleGamers have launched a fundraising campaign, as part of the company's work together on inclusive design.VentureBeat - Tech -
BHP plans £31bn bid for Anglo American but attracts ire from South Africa and shareholders
Legal & General and Abrdn criticise offer as undervaluing UK-listed minerFinancial Times - Business -
Canary Wharf offices lose £900mn of value
Docklands financial estate secures backing from lenders for £550mn debt deal against backdrop of falling valuationsFinancial Times - Business -
Upgraded Museums Add New Value at Colleges and Universities
Educational institutions across the United States are spending more money to renovate museums and make them a more integral part of learning.The New York Times - Business -
Tech Spending Still Proves Thorny for Some Advertising Companies
A slower pace of business in the technology sector continued to weigh on some ad holding companies in the first quarter, but things might be looking up.The Wall Street Journal - World -
Tokyo Exchange Courts Asian Startups for IPOs
The Tokyo Stock Exchange aims to attract listings from Asian startups, leveraging the market’s recent gains and positioning itself as a preferred fundraising destination for companies outside Japan.The Wall Street Journal - World -
Tokyo Exchange Courts Asian Startups for IPOs
The Tokyo Stock Exchange aims to attract listings from Asian startups, leveraging the market’s recent gains and positioning itself as a preferred fundraising destination for companies outside Japan.The Wall Street Journal - World -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft shares jump 4% after the big AI winner delivers in all the right places
Once again, Microsoft touted share gains as more and more customers used Azure's platforms and tools to build their own AI solutions.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Microsoft says cloud AI demand is exceeding supply even after 79% surge in capital spending
Microsoft has more demand than supply for running artificial intelligence models in the cloud.CNBC - Business - Microsoft -
Drake pulls 'Taylor Made Freestyle' after Tupac estate threatens action for apparent use of AI voice
Drake's diss track "Taylor Made Freestyle" has been removed from his X and Instagram accounts, days after Tupac Shakur's estate threatened to sue him for appearing to use an artificial intelligence-generated version of the late rapper’s voice.NBC News - Top stories -
Buyout Shop GTCR's Take-Private Deal Values AssetMark at $2.7 Billion
The private-equity firm is buying out majority owner Huatai Securities, which acquired the wealth management company in 2016.The Wall Street Journal - World -
This startup helps plants talk to farmers, reducing pesticides and agricultural waste
InnerPlant's technology uses fluorescents in the plants, so the leaves emit a signal when they are in distress.CNBC - Business -
This New Startup Wants to Help Founders Find Angel Investors
Cherub, which aims to be a matchmaker for businesses and angel investors, raised $1.1 million to launch in March.Inc. - Business -
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
Meta CEO Mark Zuckerberg spooked investors on the company's quarterly earnings call Wednesday.CNBC - Business -
2024 Fantasy Baseball: Week 5 trade values chart and rest-of-season rankings for H2H and Rotisserie leagues
The trade values chart aims to help you make the best value trades you canCBS Sports - Sports -
Study finds electric vehicles lose value more quickly than gasoline-powered cars
In what could be a troubling sign for the electric vehicle market, a recent study found that prices of used EVs dropped far more than comparably aged gas-powered vehicles. NBC News' Christine Romans reports.NBC News - Top stories -
What we learned from Day 2 of the 2024 NFL Draft: Lions all in on secondary, Chargers, Raiders value toughness
Top takeaways from Rounds 2-3CBS Sports - Sports - NFL -
Rosenbush's Take: Rubrik IPO Reflects Increasingly Difficult Path Startups Face to Going Public
Shares of cybersecurity startup Rubrik rose on their first day of trading, reflecting how the IPO market for enterprise software startups has started to come back to life, but only for a limited group of companies.The Wall Street Journal - World -
The FCC Just Restored Net Neutrality. One Lawmaker Says It's Especially Important for Startups
Net neutrality may be back, but the jury is still out among the business community over how much of an impact the Obama-era measurereally has.Inc. - Business -
It’s not only AI that hallucinates
Human memory is also fallible but people and machines can learn to complement each otherFinancial Times - Business -
Meta Platforms reported record first-quarter revenue as the company's advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.
Meta Platforms reported record first-quarter revenue as the company’s advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.The Wall Street Journal - World -
‘We were all set to enjoy our retirement’: My son invested in startups and we bailed him out with $100,000. What now?
“When we agreed to help, it was with the understanding that this debt would be paid back with his share of inheritance.”MarketWatch - Business -
Controversial AI photo comes to the market
UBS donates 166 photographs to DC museum; Brussels fair fights VAT hike; merged galleries open first shows in SpainFinancial Times - World -
Microsoft Earnings Jump on AI Demand
Microsoft’s revenue and profit rose last quarter as artificial intelligence bolstered demand for its software and cloud services.The Wall Street Journal - Tech - Microsoft -
Clock ticking on landmark AI bills
The Hill's weekly technology news digest. {beacon} Advertisement Friday, April 26, 2024 LEADING THE DAY Two state AI bills face major test Image © Associated Press/Jessica Hill Two of the most consequential artificial intelligence bills ...The Hill - Politics -
ServiceNow rides wave of enterprise AI sales as results top estimates
ServiceNow Inc. is reaping the benefits nearly a year after its push into generative artificial intelligence.MarketWatch - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
How AI and EVs are boosting demand for copper
Copper prices have outperformed both gold and silver this year, as traders bet on growing, long-term needs for the industrial metal in artificial intelligence and electric vehicles.MarketWatch - Business -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta