seeing that an AI startup paid $1.8M for http://
friend.com reminds me of the time, in the midst of dotcom domain frenzy, my little brother tried to cash in: he was so proud to tell us he bought http://
lightning.com … but he actually bought http://
lightening.com.
MARKET TRENDS
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AI Startup Pays $1.8M for Domain: A Dotcom Bubble Parallel
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Volkswagen Invests $5 Billion in Rivian Electric Truck Maker
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Volkswagen Will Invest Up to $5 Billion in Rivian: VW and Rivian, a maker of electric trucks that has struggled to increase sales and break even, will work together on software and other technologies. https://
nytimes.com/2024/06/25/bus
iness/volkswagen-rivian-vw-investment.html?utm_source=dlvr.it&utm_medium=twitter
… #Technology #Tech #FutureTech -
Microsoft Cloud Growth Disappoints Investors in Q4 Fiscal Results
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Microsoft fiscal Q4 cloud growth is light and investors are not liking it
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ChatGPT: Initial Excitement Fades With Extended Use
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Overheard: "I was initially blown away by ChatGPT, but the more I use it the less impressed I am".
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DataRobot Named Among DBtrends Awesome Companies in AI 2024
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We’re excited to share that DataRobot has been named one of @dbtrends Awesome Companies in AI for 2024! Shoutout to our team, customers, and partners who help make this possible. YOU are awesome!
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Global M&A Activity Declines in Q2 2026
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'In Q2, global M&A reached nearly $690 billion across 7,911 deals, though PitchBook estimates an additional 3,297 deals not yet disclosed. That's compared to $734.5 billion across 9,451 in the year-ago quarter.'
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OpenAI launches GPT-4o mini for broader AI adoption
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OpenAI has taken a significant step towards broader adoption of AI technology with the introduction of GPT-4o mini. This innovative small model boasts a cost-effective pricing structure, aiming to empower a wider range of developers to explore and integrate AI functionalities
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Axelera Metis Platform Transforms Retail AI Edge Processing
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Elevate your retail #AI solutions with Axelera’s Metis AI platform! Seamless scalability & edge processing for on-site inferencing, enhancing privacy & reducing data exposure. Accelerate deployment and drive innovation in the retail industry. https://
axelera.ai/markets/accele
rate-innovation-in-retail-ai
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Generative AI bubble bursting via pseudo-acquisitions and talent exodus
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This is how the Generative AI bubble pops… with tepid celebrations about a pseudo-acquisition — as most of the team shuffles on within a year (after vesting) and most of the code inevitably disappears into a corporate attic. https://
x.com/torchcompiled/
/torchcompiled/status/1818152222326186260
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AI Impact on Tech Industry: Benefits and Challenges
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The Impact of AI on the Tech Industry: The far-reaching and rapidly evolving dynamics of the AI landscape, cover the benefits and challenges. https://
kdnuggets.com/the-impact-of-
ai-on-the-tech-industry?utm_source=dlvr.it&utm_medium=twitter&utm_campaign=the-impact-of-ai-on-the-tech-industry
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