Only 15% of the 1,550 entrepreneurs surveyed by Techstars said their long-term goal is an IPO.
Category: Technology
Amazon beefs up AI development, hiring execs from startup Adept and licensing its technology
As part of the deal, Amazon will license technology from Adept including some of its AI models and datasets.
Amazon is doubling value of credits for some startups to build on AWS as Microsoft cloud gains ground
With Microsoft’s artificial intelligence technology drawing in more entrepreneurs to its cloud, Amazon wants to ensure that founders keep building on AWS.
OpenAI and Time strike multiyear deal to improve ChatGPT with journalistic content
OpenAI and Time said the new deal will allow OpenAI to access more than 100 years’ worth of the newsmagazine’s articles.
Figma CEO says it is ‘eating cost’ of AI upgrade for customers in 2024
Figma is rolling out an AI upgraded design platform for free as its CEO Dylan Field says it’s unclear how many users want AI, and how good the tech is.
OpenAI, Microsoft sued by Center for Investigative Reporting as news industry bolsters attack on AI
Following lawsuits filed by The New York Times and other publications, the Center for Investigative Reporting is now taking on OpenAI and Microsoft.
Peter Thiel says, ‘If you hold a gun to my head I’ll vote for Trump’ though he isn’t backing campaign
Peter Thiel said on Thursday that he’d vote for Donald Trump over Joe Biden but he won’t provide money to Republican presumptive nominee’s super PAC.
AI pioneer Illia Polosukhin, one of Google’s ‘Transformer 8,’ wants to democratize artificial intelligence
Near co-founder Illia Polosukhin helped invent the transformer while at Google. He sat down with CNBC to tell how it happened and why AI should be open source.
Amazon plans to launch discount store in bid to fend off Temu and Shein
Amazon’s storefront would directly compete with Temu and Shein, two emerging e-commerce sites with ties to China that have grown in popularity in the U.S.
Micron shares slide after revenue forecast fails to top estimates
Micron reported better-than-expected results on Wednesday, but the stock declined on a forecast that was only in line with estimates.