Almog Azar / CTech:
VC firm Alicorn agrees to take Glassbox private in a deal worth ~$150M; the analytics software company was valued at ~$500M in June 2021 in its Tel Aviv IPO — The software company went public at a $500 million valuation three years ago — Software company Glassbox …
A look at Paperless Post, a New York-based software company for sending online invitations and events that launched in 2009 and has sent ~650M invitations (Christopher Barnard/New York Times)
Christopher Barnard / New York Times:
A look at Paperless Post, a New York-based software company for sending online invitations and events that launched in 2009 and has sent ~650M invitations — James Hirschfeld and his sister, Alexa Hirschfeld, at the Paperless Post office in Manhattan’s Financial District.Jonah Rosenberg for The New York Times
The UK ICO is “making enquiries with Microsoft” over the company’s Recall feature, which some privacy campaigners have called a potential “privacy nightmare” (Imran Rahman-Jones/BBC)
Imran Rahman-Jones / BBC:
The UK ICO is “making enquiries with Microsoft” over the company’s Recall feature, which some privacy campaigners have called a potential “privacy nightmare” — The UK data watchdog says it is “making enquiries with Microsoft” over a new feature that can take screenshots of your laptop every few seconds.
WitnessAI, which intercepts employees’ use of custom generative AI models and applies safeguards, raised a $27.5M Series A co-led by GV and Ballistic Ventures (Kyle Wiggers/TechCrunch)
Kyle Wiggers / TechCrunch:
WitnessAI, which intercepts employees’ use of custom generative AI models and applies safeguards, raised a $27.5M Series A co-led by GV and Ballistic Ventures — Generative AI makes stuff up. It can be biased. Sometimes it spits out toxic text. So can it be “safe”?
Sources: Humane is seeking a buyer for its business, after the rocky launch of its AI pin; a source says the startup is seeking a price of between $750M and $1B (Bloomberg)
Bloomberg:
Sources: Humane is seeking a buyer for its business, after the rocky launch of its AI pin; a source says the startup is seeking a price of between $750M and $1B — – Humane’s AI pin was billed as an alternative to smartphones — AI hardware product received poor reviews after its launch
Minnesota lawmakers reach a compromise with Uber and Lyft, setting a floor for drivers’ pay statewide at $1.28/mile and $0.31/minute, effective January 1, 2025 (Rebecca Bellan/TechCrunch)
Rebecca Bellan / TechCrunch:
Minnesota lawmakers reach a compromise with Uber and Lyft, setting a floor for drivers’ pay statewide at $1.28/mile and $0.31/minute, effective January 1, 2025 — Uber and Lyft drivers in Minnesota will see higher pay thanks to a deal between the state and the country’s two largest ride-hailing companies.
Microsoft will soon let businesses build custom Copilot AI agents to automate tasks, and unveils Team Copilot to help with tasks in Teams, Loop, and Planner (Tom Warren/The Verge)
Tom Warren / The Verge:
Microsoft will soon let businesses build custom Copilot AI agents to automate tasks, and unveils Team Copilot to help with tasks in Teams, Loop, and Planner — Microsoft will soon allow businesses and developers to build AI-powered Copilots that can work like virtual employees and perform tasks automatically.
Gordon Bell, who helped design several influential minicomputers at Digital Equipment Corporation, including the 12-bit PDP-8, died on May 17 at age 89 (Glenn Rifkin/New York Times)
Glenn Rifkin / New York Times:
Gordon Bell, who helped design several influential minicomputers at Digital Equipment Corporation, including the 12-bit PDP-8, died on May 17 at age 89 — It cost $18,000 when it was introduced in 1965, but it bridged the world between room-size mainframes and the modern desktop.
Generative AI music startup Suno raised $125M from Lightspeed Venture Partners, Nat Friedman, Daniel Gross, Matrix, Founder Collective, and others (Michael Nuñez/VentureBeat)
Michael Nuñez / VentureBeat:
Generative AI music startup Suno raised $125M from Lightspeed Venture Partners, Nat Friedman, Daniel Gross, Matrix, Founder Collective, and others — Suno, a trailblazing music AI startup, announced today that it has raised a staggering $125 million in its latest funding round …
Google is rolling out a new AI-powered ad format that shows shoppers how items of clothing would look on different skin tones and body types (Louise Matsakis/Wired)
Louise Matsakis / Wired:
Google is rolling out a new AI-powered ad format that shows shoppers how items of clothing would look on different skin tones and body types — A new breed of online ad allows brands to pay Google to offer shoppers AI-generated images that show how items of clothing would look on different skin tones and body types.
