Emergence thinks it can crack the AI agent code

Yet another generative AI venture has raised a bundle of money. And, like the others before it, it’s promising the moon. Emergence, whose co-founders include Satya Nitta, the former head of global AI solutions at IBM’s research division, today emerged from stealth with $97.2 million in funding from Learn Capital plus credit lines totaling more […]

OpenAI buys a remote collaboration platform

OpenAI is on an M&A tear. Days after acquiring database tech firm Rockset, OpenAI has purchased Multi (previously Remotion), a startup developing a enterprise-focused, video-first collaboration platform. A source familiar with the matter says that the deal is technically an acquihire and that most of Multi’s team — around five people — will join OpenAI […]

Car dealership outages drag on after CDK cyberattacks

Software maker CDK says it will take “several days” to bring its systems back online following back-to-back cyberattacks, as car dealerships and auto shops around the U.S. reliant on the company’s software enter a second week of disruption. In a statement, CDK spokesperson Lisa Finney confirmed that the company has “begun the restoration process” of […]

Matt Rogers On Mastering Consumer Tech at Disrupt 2024

Consumer technology is hard, but few people have mastered it as well as Matt Rogers, co-founder of Nest and now Mill, his new startup that promises to turn your table scraps into planet-saving treasure. Mill burst out of the gate last year after spending some time in stealth refining its waste bin, an easy to […]

Google is bringing Gemini access to teens using their school accounts

Google announced on Monday that it’s bringing its AI technology Gemini to teen students using their school accounts, after having already offered Gemini to teens using their personal accounts. The company is also giving educators access to new tools alongside this release. Google says that giving teens access to Gemini can help prepare them with the […]

Target and Shopify team up to expand Target’s third-party marketplace

Shopify merchants can now sell their items to Target’s millions of shoppers, thanks to a new partnership. The companies announced on Monday that sellers on the commerce platform can apply to join Target Plus, the retail giant’s third-party marketplace where merchants can sell and manage orders. Target is the first major retailer to collaborate with […]

Apple’s App Store breaches EU’s Digital Markets Act

A few months after opening a non-compliance case on Apple and the Digital Markets Act (DMA), the European Commission has shared its preliminary findings with Apple. And the bottom line is that the current App Store rules are in breach of the DMA. Confirmed violations of the DMA can lead to fines of up to […]

Mixhalo’s latest feature uses AI to beam real-time translation to phones at events

Live event audio streaming platform Mixhalo this week announced the launch of a new translation offering. The simply named Mixhalo Translate couples the startup’s ultra-low latency in-person streaming with AI-generated audio translations. It’s a pairing that makes plenty of sense in a conference setting. “Interpretation at conferences and live events is done the same way […]

Prosus zeroes out 9.6% Byju’s stake

Major investor Prosus has written off its 9.6% stake in Indian edtech firm Byju’s to zero, signaling a loss of confidence in the once-promising startup. Prosus, the largest external investor in Byju’s, disclosed the adjustment in its assessment of Byju’s worth on Monday. Prosus wrote off the startup “due to the significant decrease in value […]