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How one startup turned backers into believers: MAGFAST broke the crowdfunding mold

Digital Marketing, Insider, SEO Tips, Tale from the Trenches of Tech, Technology /

Picture Kevin. It’s 2014, and on Kickstarter he has just backed the Coolest Cooler, a portable cooler with a built-in blender, a Bluetooth speaker, and a USB charger. Finally, an innovative product that lets him host the perfect beach party. To Kevin, it feels like he’s caught onto something unique, fresh, exciting, before everyone else. […]

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Meta starts the 10% cut, with the Singapore office getting the 4 am note first

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Meta Platforms began notifying thousands of employees on Wednesday that they are being laid off, Bloomberg reported, starting with the Asian hub in Singapore, where staff received the email at 4 am local time. European and US-based employees were notified early in their own time zones on the same day. The cuts implement the 10%-workforce-reduction […]

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Berlin’s Dunia Innovations commits €280M to an autonomous AI-materials GigaLab

Deep tech, Digital Marketing, Insider, Next Featured, SEO Tips, Technology /

The 6,000-square-metre autonomous R&D facility, backed by Siemens, ABB Robotics, NVIDIA, AWS and ILS, is positioned as Europe’s answer to the materials-verification bottleneck that AI-led design has opened up. Dunia Innovations, the Berlin-based deeptech company building autonomous infrastructure for materials R&D, announced plans on Wednesday for a 6,000-square-metre, €280m facility in Berlin called GigaLab, designed […]

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Meta offers rival AI chatbots a limited free pass into WhatsApp, on Brussels’ terms

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After January’s blanket ban and March’s $0.0625-per-message fee, Meta has filed a fresh European Commission proposal: free WhatsApp access for OpenAI, Perplexity, and others, up to a usage cap, then a fee. Meta has filed a fresh European Commission proposal that would give rival AI chatbots, including OpenAI’s ChatGPT, Perplexity, Anthropic’s Claude and others, free […]

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Gen Z is not booing AI. It is booing its own job market

Artificial Intelligence, Digital Marketing, Insider, Next Featured, SEO Tips, Technology /

Eric Schmidt stood at a lectern at the University of Arizona’s spring commencement and told a stadium full of graduates that the impact of artificial intelligence would be ‘larger, faster, and more consequential’ than anything they had so far lived through. The former Google chief executive was attempting, on the published account, to be reassuring. […]

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OpenAI co-founder Andrej Karpathy joins Anthropic to supercharge Claude’s pre-training with AI

Anthropic, Artificial Intelligence, Digital Marketing, Insider, Next Featured, OpenAI, SEO Tips, Technology /

Andrej Karpathy, one of the original co-founders of OpenAI and among the most recognised AI researchers in the world, announced on Monday that he has joined Anthropic. The move is a significant talent coup for the Claude maker as it races to stay at the frontier of large language model development. Karpathy is joining Anthropic’s pre-training team, […]

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$20bn Kimi developer Moonshot abandons VIE structure for HK listing

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The $20bn Kimi developer has informed shareholders it will dismantle its variable-interest-entity structure, after Beijing made it clear an exemption was unlikely. The IPO would be one of the biggest Chinese AI listings on record. Moonshot AI, the Beijing-based developer of the Kimi chatbot, has told shareholders it intends to dismantle its variable-interest-entity (VIE) structure […]

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Nintendo jumps 6.8% as Japanese investors rotate out of AI

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Nintendo jumped as much as 6.8% on Tuesday for its longest winning streak since mid-March. Bandai Namco and Konami each gained more than 9%. The trade is about what isn’t AI as much as what is. Nintendo’s stock climbed as much as 6.8% in Tokyo on Tuesday for its third straight day of gains, Bloomberg […]

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Standard Chartered will cut 7,800 back-office jobs to ‘the machines’ by 2030

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Bill Winters told investors in Hong Kong that the bank’s HR, risk and compliance functions will shrink by more than 15% over five years, with the headcount efficiency aimed at lifting income-per-employee 20% by 2028. Standard Chartered will cut more than 15% of its back-office roles by 2030, chief executive Bill Winters told investors at […]

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Australia’s largest pension fund sees agentic AI as a disruption-class technology

Australia, Digital Marketing, Insider, Next Featured, SEO Tips, Technology /

The A$410bn pension fund is comparing the disruption to what retail and consumer services have already experienced. ASIC is already monitoring frontier-AI risks across the Australian financial system. AustralianSuper, the country’s largest pension fund with A$410bn ($293bn) under management, has said agentic artificial intelligence could fundamentally reshape how it serves its 3.5 million members, Bloomberg’s […]

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