Jones

Pienso creates AI model training tools without coding requirements

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“So much of the AI conversation has been dominated by … large language models,” Jones said, “but the reality is that no one model can do everything. Pienso believes that any domain expert, not just an AI engineer, should be able to do just that.”Pienso guides users through the process of annotating or labeling training data for pre-tuned open source or custom AI models. “Pienso’s flexible, no-code interface allows teams to train models directly using their own company’s data,” Jones said. “This alleviates the privacy concerns of using … models, and also is more accurate, capturing the nuances of each individual company.”Companies pay Pienso a yearly license based on the number of AI models they deploy. It’s fostering a future where we’re building smarter AI models for a specific application, by the people who are most familiar with the problems they are trying to solve.”

Revitalizing Friendships: Bumble’s BFF Product Aims to Thrive Amid Decline in Dating Apps

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Dating app maker Bumble is rethinking its vision for the company’s future after announcing weak earnings and massive job cuts that will see the company cutting a third of its staff, or around 350 employees. “Candidly, we have been slow to realize this broader vision with Bumble BFF thus far,” she told investors on Tuesday’s Q4 2023 earnings call. The CEO noted that the current BFF product has a small, but strong following. This is due to BFF using the same one-to-one match paradigm for friendships as Bumble uses for dating. That could limit BFF’s ability to monetize as Bumble’s dating product does.

Bumble slashes hundreds of workers amid a dating app reckoning

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Bumble, a once-powerful force in online dating, is facing a reckoning. CEO Lidiane Jones announced that 37% of Bumble’s workforce, or about 350 employees, would be let go, and that Bumble would embark on an app overhaul targeted at reviving growth. And many of the capabilities introduced in Bumble’s apps in the past 18 months haven’t resonated with the user base, Jones said during the call. Jones, who joined from Slack in January, appointed four new C-suite executives at Bumble in the last week alone. Dating apps generally — including Match Group’s — have seen declining revenue from users reluctant to fork over cash for premium add-ons.