Author: TechBrunch
Sonia Garcia and Stas Sokolin were already familiar with the industry's problems when they decided to start Amae Health to solve a broken care system for people with severe mental illness. “I started thinking about this issue a long time ago,” said Amae CEO Sokolin. “I grew up with her sister who has been suffering from bipolar disorder for many years and we always struggled to find care for her as a family. Everything seemed piecemeal and that's how our family I tore it apart.” Garcia also has her own experience with the mental health system. She lost her father…
Illusions (basically, lies that generative AI models teach) are a huge problem for companies looking to integrate technology into their operations. Because models have no real intelligence and simply predict words, images, sounds, music, and other data according to their private schemas, they can sometimes get it wrong. Big mistake. In a recent article in the Wall Street Journal, a source cited an example of Microsoft's generative AI fabricating meeting attendees and implying that the call was about topics that were not actually discussed on the call. It talks in detail. As I wrote a while ago, hallucinations may be…
Keeping up with an industry as rapidly changing as AI is a challenge. So until AI can do it for you, here's a quick recap of recent stories in the world of machine learning, as well as notable research and experiments that we couldn't cover on our own. By the way — TechCrunch will be launching an AI newsletter soon. stay tuned. On the AI front, eight prominent U.S. newspapers this week, including the New York Daily News, which is owned by investment giant Alden Global Capital, the Chicago Tribune, and the Orlando Sentinel, published articles related to OpenAI and…
Iconiq Capital raised $5.15 billion across two funds related to its seventh growth fund family, according to SEC filings. The New Mexico Investment Council, the private firm that manages the funds of some of the most prominent and wealthy people in tech, including Mark Zuckerberg and Jack Dorsey, has been in business since 2011, according to meeting information from The Wall. The company was founded in 2007, and its original goal was $5.75 billion. The Street Journal reported in March 2022. It's unclear whether the company is currently raising funds toward its goal. Iconiq did not immediately respond to a…
X, formerly Twitter, is now using Elon Musk's AI chatbot Grok to power its ability to summarize personalized trending stories in the app's Explore section.according to announcement Screenshots posted by the X engineering team on Friday, and X premium subscribers can view the[For You]You can read a summary of posts about X related to each trending story featured in the tab. 👀 Now Available: Story of X Powered by Grok AI 👀 See what's being talked about around the world with Stories on X, curated by. @grok. Now available to Premium subscribers in the Explore tab. Web and iOS only…
It's been almost a year since Match Group announced the release of Archer, the online dating giant's first app for gay, bi and queer men. Market intelligence firm Sensor Tower estimates Archer has been downloaded more than 685,000 times since it was rolled out in New York last June. Archer completed its U.S. rollout in October of this year. Archer's growth is certainly noteworthy as Match and other online dating companies face a downturn. Match's last financial results revealed a decline in paid users of Tinder, the company's flagship app and one of the top dating platforms on the market.…
Welcome to Startups Weekly — Haje's weekly roundup of must-sees from the world of startups. Sign up here to get it delivered to your inbox every Friday. Musk's 10-month-old baby xAI is closing in on a whopping $6 billion funding round. Social Network X (formerly known as Twitter, also part of Elon's technology family) is already a shareholder. The deal was originally scheduled to raise just $3 billion, but then everyone wanted in and the price soared. Investors include Musk's close friends Sequoia Capital, Future Ventures, and other friends who may join the AI party. But what's really frustrating to…
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized startups have also seen a fair amount of cuts, and in some cases, have shut down operations altogether. By tracking these layoffs, we’re able to understand the impact on innovation across companies large and small. We’re also able to see the potential impact of businesses…
Apple CEO Tim Cook didn't reveal much about the company's AI plans during a second-quarter earnings call with investors on Thursday, but he did say a few things about how the tech giant plans to move forward with artificial intelligence. confirmed the information. Notably, his comments suggest that Apple is building too many new data centers to run or train AI models, despite spending more than $100 billion on research and development over the past five years. This suggests that there are no plans to increase it. Instead, the company told investors it will continue to pursue a “hybrid” approach…
Instagram announced Friday that it is adding several new features to Stories to give users more creative ways to share content and interact with each other. Most notably, the social network is introducing a new “Publish” feature. This allows you to post hidden stories for your followers to reveal by sending a DM. Instagram is also launching other features that let you share your favorite songs and highlight memories through Stories. To access the new publishing feature, you must tap the sticker icon when creating a story and select the “Publish” option. From there, you'll be asked to enter hints…