Tackling finance fallacies and becoming financially literate
Tori Dunlap, founder and CEO of Her First $100K, discusses her book, “Financial Feminist.”
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When the founders of Sagetap, Sahil Khanna and Kevin Hughes, started working at early-stage enterprise software startups, they were surprised to find that the companies they worked at were trying to sell their innovative tech through old-school methods like repeated cold emails and calls. Khanna, a former product marketer, and Hughes, a former sales manager, knew these methods weren't effective to either sell software or help buyers get the solution they needed. "Company executives are frustrated, their email is destroyed," Khanna, Sagetap's CEO, told TechCrunch.
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This Week in AI: OpenAI moves away from safety
This week in AI, OpenAI once again dominated the news cycle (despite Google's best efforts) with a product launch, but also, with some palace intrigue. The company unveiled GPT-4o, its most capable generative model yet, and just days later effectively disbanded a team working on the problem of developing controls to prevent "superintelligent" AI systems from going rogue. Reporting -- including ours -- suggests that OpenAI deprioritized the team's safety research in favor of launching new products like the aforementioned GPT-4o, ultimately leading to the resignation of the team's two co-leads, Jan Leike and OpenAI co-founder Ilya Sutskever.
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Embedded finance is still trendy as accounting automation startup Ember partners with HSBC UK
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Cannabis industry and gaming payments startup Aeropay is now offering an alternative to Mastercard and Visa
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Grand Theft Auto 6 will arrive in fall 2025
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Mitsubishi off-road Delica van, outdoorsy Outlander variant planned for US market
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Tesla keeps cutting jobs and the feds probe Waymo
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Sigma is building a suite of collaborative data analytics tools
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Matt Garman taking over as CEO with AWS at crossroads
It’s tough to say that a $100 billion business finds itself at a critical juncture, but that's the case with Amazon Web Services, the cloud arm of Amazon, and the clear market leader in the cloud infrastructure market. On Tuesday, the company announced that CEO Adam Selipsky was stepping down to spend more time with his family and recharge a bit, according to his statement. During Selipsky’s tenure, growth for the cloud division has slowed pretty dramatically, falling from 33% in Q2 2022 to 12% in Q2 and Q3 2023 before ticking up to 13% and 17% in its two most recent reports -- although to be fair, growth has slowed across the industry, as the space has settled into a more mature state.