Welcome back to Week in Review! We’ve got tons of stuff for you this week: antitrust lawsuits against Google and Meta; Grok can now remember; Bolt CEO Ryan Breslow wants to make his mark; and much, much more. Have a great weekend! It’s over: Google violated antitrust laws in the ad tech market, a judge...
Author: WpAdminXfinity
Famed AI researcher launches controversial startup to replace all human workers everywhere
Every now and then, a Silicon Valley startup launches with such an “absurdly” described mission that it’s difficult to discern if the startup is for real or just satire. Such is the case with Mechanize, a startup whose founder – and the non-profit AI research organization he founded called Epoch – is being skewered on...
Read what Mark Zuckerberg and Facebook execs said about Instagram before buying it
The first week of the Meta antitrust trial brought new revelations about how the company formerly known as Facebook approached the competitive threat posed by Instagram in the early 2010s. The U.S. government is accusing Meta of violating competition laws by acquiring companies like Instagram and WhatsApp that threatened the Facebook monopoly. If lawyers for...
Congress has questions about 23andMe bankruptcy
3The leaders of the House Committee on Energy and Commerce said they are investigating how 23andMe’s bankruptcy might affect customers’ data. Representatives Brett Guthrie, Gus Bilirakis, and Gary Palmer (all Republicans) sent a letter Thursday to the genetic testing company’s interim CEO Joe Selsavage asking a number of questions about how 23andMe will handle customer...
A comprehensive list of 2025 tech layoffs
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.
A new kids’ show will come with a crypto wallet when it debuts this fall
A new animated kids’ series expected to premiere this year won’t be headed for a TV network. Or a streaming service. Instead, the founders of production studio We Ghosted Media plan to launch on a decentralized web platform that uses blockchain technology. And yes, a crypto wallet will be involved. We Ghosted Media — founded by...
Techstars increases startup funding to $220,000, mirroring YC structure
Techstars, a nearly 20-year-old startup accelerator, announced new terms for startups that enter its three-month program. The organization will now invest $220,000, which is $100,000 more than it offered previously, in companies starting with its fall 2025 batch. The capital will be divided into two components. The group is offering companies $20,000 in exchange for...
OpenAI’s new reasoning AI models hallucinate more
OpenAI’s recently launched o3 and o4-mini AI models are state-of-the-art in many respects. However, the new models still hallucinate, or make things up — in fact, they hallucinate more than several of OpenAI’s older models. Hallucinations have proven to be one of the biggest and most difficult problems to solve in AI, impacting even today’s...
ChatGPT: Everything you need to know about the AI-powered chatbot
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership...
OpenAI pursued Cursor maker before entering into talks to buy Windsurf for $3B
When news broke that OpenAI was in talks to acquire AI coding company Windsurf for $3 billion, one of the first questions on the mind of anyone following the space was likely: “Why not buy Cursor creator Anysphere instead?” After all, OpenAI Startup Fund has been an investor in Anysphere, the maker of Cursor, since the...