LinkedIn wants to use games and AI to keep you on the site
Gamification LinkedIn, the Microsoft-owned platform where people go to network, look for new jobs, or post nonsense dressed as enterprise sales wisdom , has added mini games and artificial intelligenc...
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In VC funding, it’s AI vs everything else and AI is winning
The share of artificial intelligence venture capital investments in the US has tripled in the last few years, according to data from PitchBook ’s Venture Monitor Report that published last week. At $...
Amazon acquires AI startup one employee at a time to avoid regulatory scrutiny
Normally, the process for a large tech company acquiring a smaller, venture-backed startup looks something like this: Big company and startup agree to an acquisition price The startups’ investors rece...
Employees who use generative AI are more likely to worry about losing their jobs to generative AI
People who use generative AI are getting confident with it, according to findings from a new survey from BCG of more than 13,000 employees. They also think they’re playing with fire. About half of tho...
Who is winning the generative AI war? Consultants
Welcome to Weird Money, a column written by me, Jack Raines , where I discuss the most interesting and, more importantly, weirdest stories I've seen in business and markets. Consultants love generativ...
Can Chegg turn its fortunes around after losing 98% of its market cap?
Like a student who starts the homework the morning that it’s due, digital education company Chegg is trying to adapt in the face of AI, with its April-appointed CEO announcing yesterday a major restru...
Adobe’s subscription business is still booming
On Friday, shares in Adobe rose more than 15%, after the company reported record quarterly sales of $5.3B and raised its annual revenue forecast . The design software giant appears to be reaping the r...
OpenAI grows healthcare offerings with an AI assistant for cancer patients
OpenAI is making more moves in the healthcare space — an industry considered by many to be prime for AI innovation. Color Health has developed a promising use case: an AI assistant that uses OpenAI’s ...
Key takeaways from Apple's WWDC: AI to Siri
If you missed Apple's annual developer conference, rest easy knowing that you didn't miss much. To illustrate this point: one of the most surprising things Apple announced was that it's finally bringi...
Why did Apple have to partner with OpenAI?
Apple has made a deal with OpenAI to integrate ChatGPT with its iPhone and hopefully catch up to its tech peers in the AI race, Bloomberg reports. But why does Apple, which has gobs of cash and a year...
AI deals to make up a third of Shutterstock’s current revenue by 2027
AI is supposed to destroy a number of creative industries, but until then it’s propping them up. Shutterstock brought in $104 million last year licensing its media library to train AI models. The CEO ...
Dell's earnings still aren't living up to AI expectations
Two weeks ago, I noted that an unexpected stock had matched Nvidia’s rocketship performance over the last year: . Dell appeared to be riding the AI wave, with its stock price jumping 11% on May 15 aft...
Number of S&P 500 companies mentioning AI hits record
AI AI AI — it’s all big companies can talk about these days. About 40% of S&P 500 discussed AI on their earnings calls this past quarter — up from 1% five years ago, according to data from FactSet. Th...
Amazon to charge for subscription for AI-enabled Alexa
Amazon is going to charge a monthly subscription for an generative AI-enabled Alexa assistant according to CNBC , which cited two unnamed sources. The assistant supposedly will be able to have “two-wa...
Google’s AI plans are a shot across the bow of the travel-planning industry
and OpenAI both showed off what appear to be impressive AI voice assistants during rival events this week, but Google may have a leg up when it comes to managing your life given how well it knows you ...
OpenAI's real target isn't search engines; it's personal assistants
Today, OpenAI announced GPT-4o, a faster, freer model that "can reason across audio, vision, and text in real time.” In other words, you can talk to it and show it stuff and it will respond in kind. S...
Startup accelerator Y Combinator is deep into AI
P (YC) = 1 Many things get described as “a certainty” or “a guarantee” when in fact the difference between 90% likely, 99% likely, and 99.9% likely — which is significant — is often ignored. With that...
AI is changing jobs, but it’s not actually taking them yet
The Wall Street Journal looked at how generative AI is altering the ways in which a lawyer, marketer, and a doctor work. Notably, the vast majority of AI-using businesses reported no change in employm...
Creative professionals top list of those adding generative AI skills
The people most likely to be supplanted by generative AI have become its biggest boosters. Or at least that’s one way to read data from Microsoft’s 2024 Annual Work Trend Index . In the past six month...
US spies get their own gen AI from Microsoft
Spies are just like us: they want generative AI to do their work for them. And now, thanks to Microsoft, which developed a gen-AI model for US intelligence agencies, they can. Uniquely, the model does...