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Apple CEO Tim Cook says AI is a fundamental technology, confirms investments in generative AI

Apple CEO Tim Cook pushed back a bit at the notion that the company was behind in AI on yesterday’s Q4 earnings call with investors, as he highlighted technology developments that Apple had made recently that “would not be possible without AI.” Specifically, the exec pointed to new iOS 17 features like Personal Voice and […]

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Mantic’s robot vacuum maps spaces without sending data to the cloud

Countless startups are trying to solve hard robotics problems in industry. But few are looking to bring the tech into homes. Well, few except for Matic. A relatively new venture founded by Navneet Dalal, an ex-Google research scientist, Matic, formerly known as Matician, is developing robots that can navigate homes to clean “more like a

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Snowflake brings together developer and analyst needs in new GenAI tool

Companies use Snowflake to store their data in the cloud. With the ever growing interest in generative AI and large language models, customers are looking for ways to get started with the technology quickly. Today, the company announced Snowflake Cortex, a fully managed service designed to help both business users and developers work with AI-fueled

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GreenLite streamlines ‘nightmare’ of construction permitting for businesses

Getting the required permits for construction can take an excruciatingly long time in many cities — whether it’s for a residential or commercial project. One new proptech startup is out to make the process much less painful — and faster — for businesses, and has already landed several large customers such as Chick-fil-A, Domino’s and

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ADIA, Norges among anchor backers in Mamaearth’s $92M raise ahead of IPO

Honasa Consumer, the parent firm of skin and personal care brand Mamaearth, has raised about $92 million in an anchor round ahead of its initial public offering starting Tuesday in a major boost to the Indian startup that in many ways is testing the current appetite of the local public markets. A group of over

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GM and Honda punt on plan to build millions of affordable EVs together

General Motors and long-time partner Honda have ended plans to build millions of affordable and smaller electric vehicles as the automakers come to terms with high interest rates and battery costs coupled with softening EV demand. The end to the EV partnership comes 18 months after the two companies announced plans to co-develop affordable electric vehicles.

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