Summary: Sam Altman, the former CEO of OpenAI, was fired by the company’s board of directors, along with the resignation of the company’s president and three senior researchers. A timeline of the events leading up to Altman’s firing includes a call scheduling, notification of Altman’s firing, a demotion of the president, an all-hands meeting, and…
Summary: OpenAI CEO Sam Altman has been fired after a review process found that he wasn’t consistently candid in his communication with other board members. Humane, an AI startup, has released a new product called Ai Pin that projects UI elements onto surfaces and responds to voice commands. However, the high price ($699) and mandatory…
Summary: The board of OpenAI, an AI startup, removed CEO Sam Altman, causing uproar among investors, partners, and employees Microsoft CEO Satya Nadella was reportedly furious and has pledged to support Altman as investors recruit Microsoft’s aid in pressuring the board to reverse its decision Some venture capital backers are considering a lawsuit against the…
Summary: Data breach at Postmeds, the parent company of online pharmacy startup Truepill, has affected more than two million individuals in the United States. Hackers gained access to sensitive personal and health information, including patient names, dates of birth, prescribed medications, and prescriber’s name. Healthcare startups that previously relied on Postmeds to fulfill prescriptions, such…
Summary: Generative AI has the potential to revolutionize robotics by enabling robots to have a better understanding of the world through natural language and image data. The humanoid form factor is not necessary for robots to assist people; they just need to be compact, safe, and capable of human-like tasks. Agriculture is a promising area…
Summary: Pippin Title is using AI and machine learning to make it easier for companies to find information on real estate titles and purchases. The company uses AI to search through fragmented online databases and has a network of people who can retrieve documents that haven’t been uploaded yet. Ted’s Take: Pippin Title is diving…
Summary: Flexport, a freight logistics company, has acquired the technology assets of Convoy, a failed digital freight unicorn. Flexport CEO Ryan Petersen praised Convoy’s tech stack but clarified that he was not interested in its strategy. Convoy’s failure serves as a lesson for entrepreneurs and acquirers alike. Investors are still showing interest in startups that…
Summary: The Mitsuoka M55 Concept is a Honda Civic-based concept car that bears a striking resemblance to the Dodge Challenger. The concept was created for Mitsuoka’s 55th anniversary and pays homage to muscle cars from the late 1960s-1970s. It features rear window louvers and a turbocharged 1.5L four-cylinder engine from the Civic, producing 180 hp…
Summary: Max Verstappen, Sergio Perez, Yuki Tsunoda, and Daniel Ricciardo raced around the Nevada desert in hovercrafts ahead of the Las Vegas Grand Prix. The drivers piloted Renegade Hovercrafts decked out in their respective Red Bull and AlphaTauri team livery. The hovercrafts relied on counter steering and reached a top speed of 30 mph. The…
Summary: An Apple Watch Ultra prototype with a black ceramic back casing was leaked in an FCC filing. It is rumored to be an Apple Watch 3 Ultra that will be released next year. The Apple Watch 3 Ultra is expected to have an improved chip and display, as well as additional modular watch faces….