RAG models - CybAI news

24 May

How Bain Capital Ventures Incubates AI

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Editor’s note: This article is part of an ongoing series in which Crunchbase News interviews active investors in artificial intelligence. Read previous interviews with Felicis, Battery Ventures, General Catalyst, Bessemer Venture Partners, Accel, Insight Partners, Index Ventures, Sequoia Capital, Section 32, M12 and Sapphire Ventures, as well as highlights from these stories from 2023. Bain Capital Ventures is investing out of its 10th flagship fund of $1.9 billion announced in February 2023 after the launch of ChatGPT, the technology that took generative AI mainstream. Despite the firm’s many decades in the investment business and its sizable funds — it has $10…

24 May

Judge Hints at Plans to Rein In Google’s Illegal Play Store Monopoly

stp2y0 CommentsRAG modelsandroid, antitrust, apps, courts, epic games, google, mobile, tech policy and law

A jury in December found that Google broke US antitrust laws through deals and billing rules that gave an unfair boost to its Google Play app store. On Thursday, a judge began laying out how Google could be forced to change its business as a penalty. The remedies under consideration could drive the most consequential shakeup ever to Google’s dominance over the Android universe.Fortnite video game developer Epic Games, which beat Google in the trial that saw a jury declare the Play store an illegal monopoly, is demanding that federal judge James Donato ban Google from contracts that deter competition.…

24 May

China’s $10,000 EV is coming to Europe. Sorry, America.

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As some US drivers pine for more affordable electric vehicle options, America is left to watch the rest of the world get access to some of the cheapest EVs on the market.Chinese automaker BYD, Tesla's largest rival in China, announced last month that it will bring its affordable electric hatchback, the Seagull, to Europe as soon as 2025, Bloomberg reported.The Seagull's base model sells for less than $10,000 in China.While European consumers won't see that same price due to tariffs and local standards, according to Bloomberg, BYD executives have said that the car is expected to sell for less than…

23 May

Alibaba Is Said to Price $4.5 Billion Convertible Bond Sale

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Alibaba Group Holding Ltd. has raised $4.5 billion from a convertible bond sale, in one of the largest such offerings in recent years, according to people familiar with the matter. Source link lol

23 May

The State Of Saas: After A Positive Start To 2024, Founders Can Find Success In A Reset Market

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By Jimmy Fitzgerald SaaS businesses grew in 2023, but they did so at a much slower rate than the years of pandemic hypergrowth. At the same time, revenue growth was down and churn rates were at an all-time high, reflecting a period of “normalization” post-pandemic due to rising interest rates and enterprises cutting down on their software expenditures. Jimmy Fitzgerald After a year characterized by slowdowns and cutbacks, our analysis of real-time subscriptions data from more than 34,000 software companies in Q1 2024 shows that the SaaS market has started the year on a more positive note, with growth coming…

23 May

Most US TikTok Creators Don’t Think a Ban Will Happen

stp2y0 CommentsRAG modelsadvertising, algorithms, china, instagram, meta, privacy, social media, tiktok

A majority of US TikTok creators don’t believe the platform will be banned within a year, and most haven’t seen brands they work for shift their marketing budgets away from the app, according to a new survey of people who earn money from posting content on TikTok shared exclusively with WIRED.The findings suggest that TikTok’s influencer economy largely isn’t experiencing existential dread after Congress passed a law last month that put the future of the app’s US operations in jeopardy. The bill demands that TikTok separate from its Chinese parent company within a year or face a nationwide ban; TikTok…

23 May

AT&T CEO: Focused on Always-On Connectivity

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AT&T CEO John Stankey joins Caroline Hyde and Ed Ludlow following his comments on the company's multi-year growth strategy at the JPmorgan technology conference. He discusses slowing demand for handsets, always-on connectivity, and why he thinks AST is more "consumer-centric" than Starlink. He speaks on "Bloomberg Technology." (Source: Bloomberg) Source link lol

23 May

Defense Tech Funding Slows At Start Of Year

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Defense tech became a popular topic last year — especially as the likes of Gecko Robotics, Shield AI and True Anomaly racked up big rounds — but this year has not continued that hot streak for the industry. Through the middle of May, funding is less than half of what it was at the same point last year, per Crunchbase data, despite the war in Ukraine continuing into its third year and tensions in the Middle East running high. In Q1, funding to startups in the industries of military, national security and law enforcement dropped to $118 million, a 74%…

23 May

Sampling for Text Generation

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ML models are probabilistic. Imagine that you want to know what’s the best cuisine in the world. If you ask someone this question twice, a minute apart, their answers both times should be the same. If you ask a model the same question twice, its answer can change. If the model thinks that Vietnamese cuisine has a 70% chance of being the best cuisine and Italian cuisine has a 30% chance, it’ll answer “Vietnamese” 70% of the time, and “Italian” 30%. This probabilistic nature makes AI great for creative tasks. What is creativity but the ability to explore beyond the…

23 May

Drivers Are Rising Up Against Uber’s ‘Opaque’ Pay System

stp2y0 CommentsRAG modelscities, on-demand economy, uber

On Wednesday morning a small group of people huddled over their phones at the foot of the giant glass skyscraper that houses Uber’s London headquarters. They were running an experiment in an attempt to solve one of the greatest mysteries in the platform economy right now: How Uber’s algorithm calculates driver pay.Beneath flags and banners calling on Uber to “Stop Dynamic Pricing,” one driver ordered a ride, acting as a customer to Heathrow Airport, and received a quote for £46. Seconds later, the job pinged up on the phone of a fellow protester, who had told the app he was…