JAZZ FEST BUSINESS BOOM
JAZZ FEST BUSINESS BOOM
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Yahoo Entertainment‘Everybody’s in LA’ live on Netflix: How to watch the new John Mulaney series tonight
Everybody's in LA for the Netflix is a Joke Fest, so it's time to watch 'John Mulaney Presents: Everybody's in LA.'
- TechCrunch
Why RAG won't solve generative AI's hallucination problem
Hallucinations -- the lies generative AI models tell, basically -- are a big problem for businesses looking to integrate the technology into their operations. In a recent piece in The Wall Street Journal, a source recounts an instance where Microsoft's generative AI invented meeting attendees and implied that conference calls were about subjects that weren't actually discussed on the call. As I wrote a while ago, hallucinations may be an unsolvable problem with today's transformer-based model architectures.
- TechCrunch
This Week in AI: Generative AI and the problem of compensating creators
This week in AI, eight prominent U.S. newspapers owned by investment giant Alden Global Capital, including the New York Daily News, Chicago Tribune and Orlando Sentinel, sued OpenAI and Microsoft for copyright infringement relating to the companies' use of generative AI tech. “We’ve spent billions of dollars gathering information and reporting news at our publications, and we can’t allow OpenAI and Microsoft to expand the big tech playbook of stealing our work to build their own businesses at our expense,” Frank Pine, the executive editor overseeing Alden’s newspapers, said in a statement.
- Yahoo Life Shopping
Score up to 40% off roses, tulips and more at 1-800-Flowers — in time for Mother's Day
Order mom's favorite blooms for a serious discount, and throw in some chocolates to make it extra sweet.
- Yahoo Sports
How to watch ‘The Roast of Tom Brady’ live on Netflix this weekend
It's time for the GOAT to get roasted...
- Engadget
Boom's XB-1 supersonic jet has been authorized to break the speed of sound
Boom's supersonic XB-1 test jet has received Federal Aviation Administration (FAA) approval to fly past Mach 1.
- TechCrunch
Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle
If you were concerned about slowing cloud infrastructure growth for a time in 2023, you can finally relax: The cloud was back with a vengeance this quarter. The market as a whole was up a healthy $13.5 billion to $76 billion, up 21% over the first quarter in 2023, per Synergy Research. If you’re wondering what’s driving the growth, you probably guessed that it's related to generative AI and the copious amount of data required to build the underlying models.
- TechCrunch
EQT snaps up API and identity management software company WSO2 for more than $600M
WSO2, a company that provides API management and identity and access management (IAM) services for enterprises, has been acquired by Swedish investment giant EQT. Terms of the deal were not disclosed, but TechCrunch has learned via sources that the deal values WSO2 at "more than" $600 million, with EQT attaining a "significant majority" stake for the price. WSO2's products include an open source API manager, comparable to something like Google's Apigee, which businesses use for building and integrating all their digital services, either in the cloud or on-premises.
- TechCrunch
Allozymes puts its accelerated enzymatics to work on a data and AI play, raising $15M
Allozymes' ingenious method of quickly testing millions of bio-based chemical reactions is proving to be not just a useful service, but the basis of a unique and valuable dataset. The company just raised a $15 million Series A to grow its business from a helpful service to a world-class resource. The company has grown to 32 people in the U.S., Europe and Singapore, and has 15 times the lab space, which it has used to accelerate its already exponentially faster enzyme-screening technique.
- Yahoo Finance
AI chip darling AMD struggles to impress Wall Street this earnings season
Investors weren't impressed with the company's growth forecast amid the AI rally.
- TechCrunch
Apple adds more carve-outs to its EU core tech fee after criticism from devs
Apple is tweaking how it applies a new fee that can affect iOS developers in the European Union as it continues to configure its approach to the bloc's Digital Markets Act (DMA): Developers of free apps will be able to avoid the fee entirely under changes it announced Thursday, which apply from today, while other developers earning under a certain revenue threshold will get longer before they have to pay Apple the fee. The core technology fee (CTF) remains opt-in for iOS developers in the region, as Apple continues to offer its standard business terms, but those wanting to take up new entitlements the DMA has required Apple to offer -- such as allowing sideloading of apps, third-party app stores, and support for alternative payment tech than Apple's own -- must agree to the set of business terms that include the CTF (as Apple calls it).
- Yahoo Sports
How gloves transformed prize fighting from an illegal bloodsport into big business
We sometimes think of the widespread use of gloves as the innovation that civilized boxing. In reality, it’s more like the gloves are what gave it the veneer of respectability it needed in order for people to start making real money off the sport.
- Yahoo Finance
Starbucks CFO says there are no plans to lower prices, but Wall Street is skeptical of its 2024 plans
The company is planning to introduce new menu items, loyalty offerings, and more, but it likely falls short of what's needed for a turnaround.
- TechCrunch
Anthropic launches new iPhone app and premium plan for businesses
Anthropic, one of the world's best-funded generative AI startups with $7.6 billion in the bank, is launching a new paid plan aimed at enterprises, including those in highly regulated industries like healthcare, finance and legal, as well as a new iOS app. Team, the enterprise plan, gives customers higher-priority access to Anthropic's Claude 3 family of generative AI models plus additional admin and user management controls. "Anthropic introduced the Team plan now in response to growing demand from enterprise customers who want to deploy Claude's advanced AI capabilities across their organizations," Scott White, product lead at Anthropic, told TechCrunch.
- Yahoo Finance
Walmart shuttering health units, including telehealth and 51 clinics
Walmart announced it is closing down its healthcare business Tuesday. The move will impact 51 locations in five states, as well as relationships with health systems, like the one penned with Florida's Orlando Health in November.
- Yahoo Finance
US consumer confidence hits lowest level since July 2022
Economic optimism from Americans fell sharply in April as inflation sticks around and the outlook on the job market sours.
- TechCrunch
Yelp is launching a new AI assistant to help you connect with businesses
Yelp announced a new AI-powered chatbot today for consumers that helps them connect with relevant businesses for their tasks. The company joins a long list of organizations leaning into AI chatbots as an assistive medium. Yelp said that the chatbot uses OpenAI's large language models (LLMs) along with its own data to ask users about their problems and connect them with relevant professionals for the job.
- TechCrunch
SafeBase taps AI to automate software security reviews
Entrepreneurs Al Yang and Adar Arnon met at Harvard Business School and quickly realized that they had an interest in common: cybersecurity. "We've witnessed an evolving business climate that brought along with it an unprecedented need for improved security processes," Arnon told TechCrunch. Yang and Arnon decided to turn this interest into something more, so they started SafeBase, which was accepted into Y Combinator's accelerator program during the pandemic.
- Yahoo Sports
Jason Kelce reportedly joining ESPN's 'Monday Night Countdown' in first post-retirement TV gig
Jason Kelce is moving behind the desk after ending his 13-year career with the Eagles in March.
- TechCrunch
Stripe's big changes, Brazil's newest fintech unicorn and the tale of a startup shutdown
Stripe announced that it will be de-coupling payments from the rest of its financial services stack. This is a big change, considering that in the past, even as Stripe grew its list of services, it required businesses to be payments customers in order to use any of the rest. Alongside this, the company is adding in a number of new embedded finance features and a new wave of AI tools.