The autonomous navigation market — where ships, guided by AI, steer themselves, resulting in fuel and time savings — is projected to sail past $11 billion by 2028. As a result, companies in this space are pushing on an open door. The latest is Orca AI, which closed a Series B funding round of $72.5 million […]
Hasan Sukkar, the founder of AI startup 11x, is stepping down from his role as CEO, Sukkar announced on LinkedIn this morning. Prabhav Jain, 11x’s CTO, has been named the company’s new CEO. Sukkar will move into a “non-executive chairman” position, where he will work with Jain on “strategic direction, product vision, industry relationships, and
11x CEO Hasan Sukkar steps down Read More »
Pinterest is upgrading its visual search feature with a handful of new capabilities. On Monday, the company announced it’s rolling out new functionality to improve its feature that allows users to search using an image instead of text. This includes new tools to more precisely narrow and refine searches, as well as those that make
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Reddit CEO Steve Huffman says there are two kinds of people who come to the social media platform: Scrollers and seekers. Scrollers are the ones who come to Reddit’s core product, which is community conversation and engaging about topics they’re passionate about, from r/sourdough to r/popculturechat. Then there are the Seekers; the people who might
Reddit’s AI play is for the Google crowd, not just the community scrollers Read More »
FutureHouse, an Eric Schmidt-backed nonprofit that aims to build an “AI scientist” within the next decade, has launched its first major product: a platform and API with AI-powered tools designed to support scientific work. Many, many startups are racing to develop AI research tools for the scientific domain, some with massive amounts of VC funding
FutureHouse releases AI tools it claims can accelerate science Read More »
WhatsApp now has more than 3 billion people using it every month, Meta CEO Mark Zuckerberg noted during the company’s Q1 results conference call on Wednesday. Founded in 2009 and acquired by Facebook for $19 billion in 2014, WhatsApp remains free to use and doesn’t serve any ads. The app reached the 2 billion monthly
WhatsApp now has more than 3 billion users a month Read More »
An executive cautioned during Microsoft’s earnings call on Wednesday that customers might face AI service disruptions as demand outstrips the company’s ability to bring data centers online. Microsoft’s EVP and CFO Amy Hood said during the company’s fiscal 2025 third-quarter earnings call that the company may face AI capacity constraints as early as June. “We
Microsoft expects some AI capacity constraints this quarter Read More »
Artificial intelligence is not just infiltrating the startup world. Now, credit card giants Visa and Mastercard are getting into the AI game. Visa announced on Wednesday “Intelligent Commerce,” which it says enables AI “to find and buy.” AI agents will be able to shop and make purchases on behalf of consumers, based on preselected preferences.
Visa and Mastercard unveil AI-powered shopping Read More »
Pinterest says it’s finally going to do something about the AI slop that’s taken over its platform. After an increasing volume of complaints, the social networking and image pinboarding site announced Wednesday a plan to begin labeling AI-generated and AI-modified images. It will also introduce a new option that allows users to reduce the number
Pinterest launches new tools to fight AI slop Read More »
Duolingo is introducing 148 new language courses that were created with generative AI, the company announced on Wednesday. The launch comes as Duolingo has been facing backlash this week after sharing that it was going to replace contractors with AI and become an “AI-first” company. The company says the launch of the new courses doubles
