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Productivity company Notion is shutting down its email product, Notion Mail, on September 22. The company said it is discontinuing its email inbox in favor of its AI agent offering. It noted that users were increasingly handing over the reins of their email to the agents, and not opening their inbox at all. “As Notion…
Shares of Cerebras Systems dropped almost 20% on Wednesday, even after the company delivered better-than-expected first-quarter earnings on Tuesday. That’s because in its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, guiding for a full-year margin of 38% to 41%, compared with the 47% reported…
The era of tokenmaxxing is over. After the AI industry encouraged companies to max out their AI budgets earlier this year, and some companies even built employee leaderboards to encourage internal AI usage — they are now realizing just how easy it is to spend huge sums of money on AI and get little in…
GPTZero, the three-year-old AI detection startup that Princeton grad Edward Tian first built as a senior thesis project, has been acquired by Superhuman, the companies announced on Tuesday. Terms of the deal were not disclosed, though Tian told Business Insider that GPTZero amassed more than 19 million registered users and $30 million in annual recurring…
Microsoft and Chevron announced plans on Monday to develop a 2.67-gigawatt natural gas power plant in West Texas to serve the tech company’s AI and cloud data centers. Under the 20-year power purchase agreement, the plant will provide dedicated electricity to a Microsoft-operated data center. Two large GE Vernova turbines will generate most of the…
A lawsuit led by a Detroit pension fund accuses Uber management and its board of putting profits ahead of compliance and safety, decisions that have exposed the company and its shareholders to risk. The lawsuit, which was filed Monday in the U.S. District Court for the Northern District of California in San Francisco, alleges that…
Snap’s long-awaited AR glasses, Specs, didn’t have the best debut. The company’s stock hasn’t been on the healthiest trajectory lately. It’s dropped 30% over the past year. Following Specs’ launch, it sank more than 5% — falling from $5.86 a share on Tuesday to a low of $4.83 on Wednesday morning. As of this writing,…
Odyssey, a world model AI startup founded by self-driving vehicle pioneers CEO Oliver Cameron and CTO Jeff Hawke, has raised a $310 million Series B round at a $1.45B valuation led by Natural Capital, with Amazon, AMD Ventures, GV, and others participating. World models are the next big thing in AI beyond text- and chat-based large language models. They gather…
A security researcher said she was able to access several internal FIFA platforms due to a simple security flaw, which allowed her to watch and have full control of the TV stream of every World Cup game. The researcher, who goes by BobDaHacker, said she simply registered as a player agent on FIFA’s official agent…
SpaceX briefly passed Amazon to become the fifth-most valuable company in the world, and nearly eclipsed Microsoft, before the company’s shares pared back those gains before the market closed Tuesday. The newly public company’s stock had already climbed 20% on Monday — its first full day of trading. Tuesday’s news that SpaceX was acquiring AI…