Ascend Raises $25 Million for Pre-Seed AI Startups in Pacific Northwest
Ascend, which is based in Seattle and operates in the field of artificial intelligence, announced the closure of the second round of raising funding for $25 million.
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Sound Ventures Invests Half Its $240 Million AI Fund Into Three Companies
The Beverly Hills, California-based venture capital firm Sound Ventures, led by general partners Ashton Kutcher, Guy Osiri, and Effie Epstein, announced the creation of a new $240 million artificial intelligence fund last week, already half of this money has been invested in three companies: OpenAI, Anthropic, and Stability.AI.
Wendy’s Taps Google Cloud to Trial AI Chatbot Drive-Thru Operator
Wendy’s FreshAI chatbot tool has the potential to transform Wendy’s drive-thru food ordering experience with Google Cloud’s generative AI and large language models (LLMs) technology
IBM Intros Slew of New AI Services
At its annual Think conference, IBM announced a new Watsonx platform that provides tools for creating artificial intelligence models and access to pre-trained AI variations capable of generating computer code, text, and much more.
UK Greenlights $7.3 Billion Merger Between Satellite Rivals Viasat and Inmarsat
The UK Competition and Markets Authority (CMA) has officially approved the proposed merger of Viasat and Inmarsat worth $7.3 billion.
Sam Bankman-Fried Wants His Case Thrown Out of Court
The lawyers of FTX founder Sam Bankman-Fried last Monday, May 8, filed petitions to dismiss the charges brought against him by the US government, of involvement in fraud.
Amazon Pays Customers for Pickup to Cut Delivery Costs
Amazon offers its customers a reward of $ 10 for the pickup of purchased goods.
LinkedIn Cuts 700 Jobs and Closes China App
LinkedIn has cut 716 jobs, taking the baton of layoffs among large technology companies.
JPMorgan to Pay Frank Founder’s Legal Fees
J.P. Morgan Chase will pay the legal costs of the disgraced founder of the fintech company with whom it is suing.
Google Turns to AI Chat For Search Engine Revamp
Google is using artificial intelligence to massively modernize its Internet search system.
TD Bank Blames Regulatory Uncertainty for Failed First Horizon Acquisition
Canadian TD Bank canceled the planned purchase of the American financial institution First Horizon.
Starbucks Testing Palm Payments
The coffee giant Starbucks has started testing Amazon’s biometric payments solution, enabling customers to get their cup of coffee by scanning their palm
Shopify Cuts 20% of Staff
Shopify announced its intention to lay off more than 2 thousand employees as part of efforts aimed at intensifying activities in the field of e-commerce.
Ex-Uber Security Chief Gets No Prison Time for Hack Cover Up
The former security chief of Uber Technologies Inc. has avoided jail time for concealing information about a large-scale identity theft that occurred in 2016.
Apple Sales Continue to Fall
Apple’s sales continue to follow a downward trajectory.
Maximizing the Power of Your Financial Power of Attorney
A Financial Power of Attorney (FPOA) is an essential legal document that allows an individual (the principal) to appoint someone they trust (the agent or attorney-in-fact) to manage their financial affairs in the event they become incapacitated or unable to make decisions for themselves.
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