On Friday, The Information reported that Meta was preparing to tear down its existing AI org and reorganize it into four new groups. Four days later, the change has been made official with an internal memo, as reported by Bloomberg and The New York Times. The changes were announced by Scale AI founder Alexandr Wang, […]
Meta is shaking up its AI org, again Read More »
Google will pay $30 million to settle a class action lawsuit claiming it violated children’s privacy on YouTube, per Reuters. The lawsuit alleges that Google collected data from children watching YouTube videos; while this kind of data collection has become common, it remains illegal to collect data from children under the age of 13, per
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Vibe coding startup Lovable aims to hit $1 billion in annual recurring revenue within the next 12 months, according to its CEO, Anton Osika. Speaking on Bloomberg TV on Thursday, Osika said the company grows by at least $8 million in ARR each month. In a blog post written this summer, the company said it
Lovable projects $1B in ARR within next 12 months Read More »
The Trump administration continues to meddle with semiconductor giant Intel. The U.S. government is reportedly in discussions to take a stake in Intel, according to reporting from Bloomberg. This deal would be structured to help the company expand its U.S. manufacturing efforts, including its much-delayed Ohio chip factory. This news comes less than a week
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Apple has rejected Elon Musk’s accusations that its App Store is biased against AI apps that compete with OpenAI. “We feature thousands of apps through charts, algorithmic recommendations and curated lists selected by experts using objective criteria,” the BBC quoted Apple as saying. The response comes after Musk threatened to sue Apple via xAI, claiming the
Apple dismisses Elon Musk’s claims that App Store favors OpenAI over other AI apps Read More »
