10 Things In Tech: Hype House For Generative AI Developers, Why Apple Is Jumping Into The Metaverse, And A Longrange, Electric Toyota
Finally, it's Friday, guys. I'm Diamond Naga Siu and working remotely makes the week longer.
Like my distant colleague Rebecca Knight, I miss sharing random ideas with colleagues. One reason he did that.
For a week, Rebecca tested a personal AI called P that encourages users to talk about what's on their mind. She texted P that she was her colleague to see if working from home would make her less lonely. See how the experiment works.
Before writing to some people, let's dive into modern technology.
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1. Run for that money, что вы ubytochnы. Most startups take years before they start turning a profit. But a new financial strategy is emerging for start-ups. Big companies like Bank of America are buying back goodwill losses to pay less tax.
- New Jersey created this program as part of a push to promote innovation in the state. And in 2022 alone, it gave $75 million to failed New Jersey tech companies.
- This is a win-win situation. Established companies receive tax benefits. And one of the biggest problems of startups - burning cash - is turning it into a valuable asset.
- My colleague Darius Rafian talks about a new scheme that helps failed startups raise money.
Full story
In other news:
2. Welcome Home: The Hype House Generative AI Developers. Get ready to work hard and have fun at this alcohol-free bar in downtown San Francisco. This is the ultimate hot spot for AI generation developers. Log in here to learn more about developer drills.
3. Generative AI has a problem with digital blackface. Companies like Levi's are trying to use artificial intelligence to bridge the advertising gap. But the move has been heavily criticized by some promoters for creating internal rules to prevent AI-generated models from undermining BIPOC's capacity. Read the full story here.
4. Salesforce and OpenAI drivers are close. Marc Benioff says he regularly talks to Sam Altman and discusses AI over dinner. Altman also showed Benioff some demonstrations of "advanced technology." Read more here.
5. Because Apple is about to enter the Metaverse. Also, Mark Zuckerberg didn't give up. My colleague Alistair Barr (who edits this newsletter!) explores why this technology isn't dead yet and its practical applications. See here for the next measurement chapter.
6. GirlfriendGPT creates a virtual version of your girlfriend. A tech bro has created an AI version of his girlfriend that can send "her" voice memos and selfies on demand. Talk to both of them every day (and compare answers). Look here.
7. Rich people install $65,000 cold water tanks. A dip in these sub-59 degrees Fahrenheit pools is a hot anti-aging trend, especially among the tech rich. Now you want to do it at home. Learn more here.
8. An electric Toyota traveled 1200 kilometers without charging. This is five times what an average electric car can do on a full charge. And all this thanks to new electric roads that charge electric vehicles while driving. Go here for the full story.
Odds and ends:
9. In the video, a Ryanair passenger is seen being escorted by police after being caught smoking in the plane's toilet. After the flight attendants smelled the smoke, there was "name and shame" all over the plane. To find out more.
10. Putin is afraid of assassination. The Russian president has been concerned about their security (and they use complex layers of security). However, due to a recent airstrike near his residence, Putin is said to be refusing to travel abroad. Read more here.
Recent People Movements in Technology:
- New York-based Fractal Software is laying off employees. It also stops creating startups and instead focuses on existing ones. Take the spoon here.
- VMware employees are facing layoffs ahead of Broadcom's $61 billion acquisition. Employees anticipate loss of customers and dissolution of business units. Here's what current and former employees are saying about Insiders.
Produced by Diamond Naga Siu in San Diego. (Comments or suggestions? Email dsiu@insider.com or tweet @diamondnagasiu ) Produced by Alistair Barr (tweet @alistairmbarr ) in San Francisco and Nathan Rennolds (@ncrennolds) in London .
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