Airbnb CEO Brian Chesky shared notable insights on artificial intelligence during the company’s second-quarter earnings call with investors. Chesky said AI-powered chatbots have the potential to attract new customers in the travel and hospitality sectors, but they are not yet at a level to replace Google. “AI is still in the exploration phase,” Chesky noted,...
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Texas Instruments announces $60 billion investment to expand U.S. chip production
X set to launch financial ecosystem
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Midjourney unveils V1
OpenAI unveils DALL·E 3, ushering in a new era of ai-powered visual creation
Charter acquires Cox Communications in $21.9 billion deal, reshaping U.S. telecom landscape
Sales automation startup Clay raises $100m in series c, reaches $3.1b valuation
Clay, a New York-based sales automation startup, has secured $100 million in a Series C funding round led by CapitalG, the investment arm of Alphabet, Google’s parent company. The round brings Clay’s valuation to $3.1 billion. Other notable investors participating in the round include Meritech Capital, Sequoia Capital, First Round Capital, BoxGroup, Boldstart, and Sapphire...
Apple deepens its ai push with “Answers” team
Apple is rethinking its traditionally cautious stance on AI-powered conversational technologies. The company has launched a new team, dubbed “Answers,” to develop an advanced system that aims to transform how users access information. Currently in the testing phase, the AI-driven “answer engine” is designed to search the web and respond to user queries. Over time,...
Meta and Oakley launch smart glasses for athletes: Introducing the Oakley Meta HSTN
After a successful partnership with Ray-Ban, Meta and EssilorLuxottica have expanded their smart eyewear lineup with a new performance-focused model under the Oakley brand: Oakley Meta HSTN. Officially unveiled on June 20 as scheduled, this model marks Meta’s first entry into the performance wearables category. Oakley Meta HSTN: Designed for Athletes, Packed with Features Engineered...
Texas Instruments announces $60 billion investment to expand U.S. chip production
Texas Instruments (TI), one of the world’s leading semiconductor manufacturers, has unveiled plans for a massive $60 billion investment aimed at significantly expanding its production capacity across the United States. The move marks a historic commitment to boosting domestic chip manufacturing amid rising global competition. As part of the plan, TI will build and expand...
X set to launch financial ecosystem
X (formerly Twitter), under the leadership of Elon Musk, is preparing to take a major step into the world of digital finance. As part of Musk’s broader vision to transform X into a super app, the platform is expected to offer money transfers, investment capabilities, and financial management tools as early as 2025. During an...
Taiwan-based tech giant Foxconn is reportedly gearing up to introduce humanoid robots at Nvidia’s upcoming semiconductor manufacturing facility in Houston, Texas. According to sources close to the company, the decision is expected to be finalized in the coming months. This move would mark a significant milestone for both Foxconn and Nvidia: it would be the...
Midjourney unveils V1
A pioneer in AI-generated visuals, Midjourney has officially introduced its long-anticipated video generation tool, V1. This new model allows users to create four distinct 5-second videos from a single image, offering a new layer of creativity and dynamic storytelling. Users can either upload their own visuals or use images generated by previous Midjourney models as...
OpenAI unveils DALL·E 3, ushering in a new era of ai-powered visual creation
OpenAI, a leading force in the artificial intelligence space, has officially introduced the third generation of its text-to-image model, DALL·E. The upgraded version will be available to ChatGPT Plus and Enterprise users starting in October. DALL·E 3 significantly enhances image generation capabilities, allowing users to create high-quality, visually rich outputs even from short and simple...
Charter acquires Cox Communications in $21.9 billion deal, reshaping U.S. telecom landscape
A major shift is underway in the U.S. telecommunications industry. Charter Communications is acquiring its long-time rival, Cox Communications, in a landmark deal worth $21.9 billion. As part of the agreement, Charter will also assume Cox’s $12.6 billion in net debt, bringing the total enterprise value of the deal to $34.5 billion. The newly formed...