Last year’s doldrums are in the rearview thanks to AI If you were concerned about slowing cloud infrastructure growth for a time in 2023, you can finally relax: The cloud was back with a vengeance this quarter. The market as a whole was up a healthy $13.5 billion to $76 billion, up 21% over the […]
Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle Read More »
Y Combinator is renowned in Silicon Valley for a lot of reasons, but there’s one service that has quietly become one of its most powerful: an online founder-matching tool. “I think this is the most valuable digital product that YC has built (i.e. more valuable than Bookface, etc.). It’s astonishing how many founders I meet
Apple on Thursday reported a 10% drop in iPhone sales for the second fiscal quarter, dropping from $51.33 billion to $45.96 billion, year-over-year. The slowdown was fueled, in part, by an 8% drop in China. Apple’s slow adoption of AI versus competitors like Google and Microsoft likely played a role in consumers’ decision to hold
Apple earnings see 10% iPhone sales drop, massive buyback fuels stock jump Read More »
Microsoft has changed its policy to ban U.S. police departments from using generative AI through the Azure OpenAI Service, the company’s fully managed, enterprise-focused wrapper around OpenAI technologies. Language added Wednesday to the terms of service for Azure OpenAI Service prohibits integrations with Azure OpenAI Service from being used “by or for” police departments in
Microsoft bans U.S. police departments from using enterprise AI tool Read More »
AI startups face a different set of challenges from your typical SaaS company. That was the message from Rudina Seseri, founder and managing partner at Glasswing Ventures, last week at the TechCrunch Early Stage event in Boston. Seseri made it clear that just because you connect to some AI APIs, it doesn’t make you an
Your AI-native startup ain’t the same as a typical SaaS company Read More »
Lamini, a Palo Alto-based startup building a platform to help enterprises deploy generative AI tech, has raised $25 million from investors including Stanford computer science professor Andrew Ng. Lamini, co-founded several years ago by Sharon Zhou and Greg Diamos, has an interesting sales pitch. Many generative AI platforms are far too general-purpose, Zhou and Diamos
Danti, an artificial intelligence company building a superpower search engine for Earth data, has brought on prominent defensive tech investor Shield Capital as it looks to scale its technology for government customers. Founded by Jesse Kallman in early 2023, Danti has developed a natural language search engine for data that has historically been highly siloed,
Danti’s natural language search engine for Earth data soars with $5M in new funding Read More »
Airbnb’s summer release is usually a grand affair with tons of updates for guests and a few for hosts. This time, however, the company is introducing just a few updates for group booking along with a new category called “Icons,” which are experiences hosted by celebrated names in music, film, TV and sports. Group booking
Airbnb releases group booking features as it taps into AI for customer service Read More »
During its Team ’24 conference in Las Vegas, Atlassian today launched Rovo, its new AI assistant. Rovo can take data from first- and third-party tools and make it easily accessible through a new AI-powered search tool and other integrations into Atlassian’s products. The most interesting part, though, may be the new Rovo Agents, which can
Atlassian launches Rovo, its new AI teammate Read More »
Anthropic, one of the world’s best-funded generative AI startups with $7.6 billion in the bank, is launching a new paid plan aimed at enterprises, including those in highly regulated industries like healthcare, finance and legal. Called Team, the plan gives customers higher-priority access to Anthropic’s Claude 3 family of generative AI models plus additional admin
Anthropic launches a new premium plan aimed at businesses Read More »
