companys

Tim Cook Makes Bold Prediction About Apple’s GenAI Advancements for the Year Ahead

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Tim Cook says Apple will ‘break new ground’ in GenAI this yearApple CEO Tim Cook is promising that Apple will “break new ground” on GenAI this year. Some of the staff on the EV project were reassigned to work on various GenAI initiatives, according to multiple publications. $AAPL COOK: APPLE WILL "BREAK NEW GROUND" IN GENERATIVE AI THIS YEAR — *Walter Bloomberg (@DeItaone) February 28, 2024Apple, unlike many of its Big Tech rivals, has been slow to invest in — and ramp up — GenAI. During the company’s Q1 earnings call, Cook said Apple was working internally with GenAI but that it was taking a slower, more deliberate approach to customer-facing incarnations of the technology. Perhaps telegraphing Apple’s intensifying GenAI focus, engineers at the company have co-authored an increasing number of GenAI-related academic and technical papers.

“Budget-Friendly Options Unveiled at MWC 2024 for Phone (2a)!”

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The London-based phone company’s media push largely relies on trickling out information about devices bit by bit. Nothing Phone (2a) certainly fits the bill. While it’s actually the company’s third handset, it’s the aimed squarely at a different demographic than the flagship Phone (1) and Phone (2). After various teases and a handful of official image releases, the Phone (2a) finally saw the light of day (well, the warm glow of a Barcelona night) at MWC 2024. Phone (2a) keeps the Phone (2)’s dual-camera set up, though it’s been moved to the center.

OpenAI and Match Group Seal Partnership, Claims Press Statement Penned by ChatGPT

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In a press release written with help from ChatGPT, Match Group announced an enterprise agreement with the AI chatbot’s maker, OpenAI. The AI tech will be used to help Match Group employees with work-related tasks, the company says, and come as part of Match’s $20 million-plus bet on AI in 2024. It even offered a quote from ChatGPT itself: “I’m thrilled that Match Group matched with me. To keep its corporate data protected, only trained and licensed Match Group employees will have access to OpenAI’s tools, it noted. Before being able to use these tools, Match Group employees will also have to undergo mandatory training that focuses on responsible use, the technology’s capabilities, as well as its limitations.

“Unlocking the Power of Gut Health and Hypergrowth with Ben Goodwin of Olipop”

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Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Ben Goodwin, the co-founder and CEO of Olipop, a soda startup making low-sugar pop with probiotics. Goodwin talked about his foray into the soda space after working in kombucha and discovering the positive impacts of paying attention to microbiome health. They also talk about the questions they wished they dove into more, like what the process was like to get Olipop eligible for Medicare reimbursements. Plus, they talk about their relationship — and lack thereof — to the soda category in general.

“Exploring the Intersection of Gut Health and Hypergrowth with Ben Goodwin of Olipop”

Found 2022 Featured 2
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Ben Goodwin, the co-founder and CEO of Olipop, a soda startup making low-sugar pop with probiotics. Goodwin talked about his foray into the soda space after working in kombucha and discovering the positive impacts of paying attention to microbiome health. They also talk about the questions they wished they dove into more, like what the process was like to get Olipop eligible for Medicare reimbursements. Plus, they talk about their relationship — and lack thereof — to the soda category in general.

“Unlocking the Synergy of Gut Health and Hypergrowth: An Interview with Ben Goodwin of Olipop”

Found 2022 Featured 1
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by Ben Goodwin, the co-founder and CEO of Olipop, a soda startup making low-sugar pop with probiotics. Goodwin talked about his foray into the soda space after working in kombucha and discovering the positive impacts of paying attention to microbiome health. They also talk about the questions they wished they dove into more, like what the process was like to get Olipop eligible for Medicare reimbursements. Plus, they talk about their relationship — and lack thereof — to the soda category in general.

Ensuring Enterprise Safety: Prompt Security’s Goal for GenAI’s Protection

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Prompt Security was founded by Itamar Golan (CEO) and Lior Drihem (CTO), who both previously worked at Check Point and Orca Security. The company’s tools automatically detect patterns related to GenAI usage and then layers an enforcement policy on top of that. Golan stressed that the company is trying to build an entire platform here by covering various aspects of an organization’s GenAI usage. “We are trying to build a one-stop solution for GenAI security. Over time, the company plans to launch more services that help its customers increase their GenAI security posture.

“BMW’s Future Expansion Hinges on EV Integration: A Full Commitment”

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While other automakers are dialing back their electric vehicle plans, BMW is quietly going all in. “The tipping point for the combustion engine was last year,” CFO Walter Mertl told journalists at a roundtable in Munich recently. The German automaker has seen sales of its fossil fuel vehicles plateau and is expecting a slow decline, he said. “Growth will come increasingly from electric vehicles.”BMW sold a record 2.5 million vehicles last year, 15% of which were all-electric. This year, the company thinks it’ll sell 500,000 EVs, or 33% more than last year.

eBay ordered to fork out $3M after orchestrating cyberbullying scheme of sending fetal pig and live insects to targeted duo

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eBay has agreed to pay a $3 million fine in connection with a corporate cyberstalking campaign targeting a Massachusetts couple in 2019. The cyberstalking campaign was conducted by several eBay employees, some of whom were executives, who targeted the couple after they posted a newsletter that was critical of the e-commerce giant. The cyberstalking campaign involved the employees sending the couple a bloody pig mask, a fetal pig, a funeral wreath, live insects and a book on surviving the death of a spouse. “eBay engaged in absolutely horrific, criminal conduct,” said Acting United States Attorney Joshua S. Levy in a press release. “The company’s conduct in 2019 was wrong and reprehensible,” said eBay CEO Jamie Iannone in the press release.

The Fate of Carta: A Closer Look

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Cap table management startup Carta has been dealing with a PR nightmare for the past couple of days. The short of it is that one sales employee, according to Carta, used confidential data from one of the company’s customers to craft a sales pitch for a secondary stock sale. The problem, according to Carta, is taken care of. Before we dive into what this mess might portend for Carta, we need to understand the state of affairs at the company before this came to light. While Carta hasn’t raised a round since that 2021-era transaction, per secondary data from platforms like Hiive Markets, Caplight and Notion, its current valuation is estimated to be about half of its last primary round.