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08 Aug

Apple’s Mac Mini With M4 Chip Will Be Its Smallest Computer Ever

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Apple Inc. is planning a new version of the Mac mini that will be its smallest desktop computer yet, part of a broader overhaul of the Mac line with AI-focused chips.The new model — due later this year — will mark the first major design change to the mini since it was revamped under Steve Jobs in 2010, according to people with knowledge of the matter. The device will be far smaller than its predecessor, approaching the size of an Apple TV set-top box, according to the people, who asked not to be identified because the work is secret. Source…

08 Aug

Tim Walz is a YIMBY. He’s supported a ton of new housing that’s kept rents down in Minnesota.

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The state of the economy and the cost of living are top of mind for most American voters this year. Chief among these issues is the cost of housing. As home prices and rent have soared over the last several years, more Americans than ever are homeless or spending unsustainable amounts on shelter.President Joe Biden and Vice President Kamala Harris have rolled out a slew of policies and new funding designed to boost the supply of homes and subsidize affordable housing.Pro-housing advocates argue the administration hasn't done nearly enough. But some are encouraged by Harris' selection of Minnesota Gov. Tim…

08 Aug

Travel Startup Flyr Raises $295 Million in Equity and Debt

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Flyr, a travel startup that provides software to companies including JetBlue Airways Corp., has raised $295 million in equity and debt in a new funding round. The deal, led by WestCap, values the startup at $900 million, according to a person familiar with the matter who asked not to be identified discussing private information. Other investors included BlackRock funds, Streamlined Ventures and a subsidiary of the Abu Dhabi Investment Authority. The financing represents $225 in equity and $70 million in debt, and brings the startup’s total investment haul to $500 million. Source link lol

08 Aug

A guaranteed basic income program helped a millennial afford a crib for her newborn when her income dipped during maternity leave

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Tatiana Lopez's newborn, Matteo, curled up in her arms. His tiny fingers clung to her T-shirt as she stood in her Flint, Michigan living room.The 39-year-old's pregnancy and birth process had been stressful. She faced medical complications that left her hospitalized, and she was worried about how her family would afford their third child.But, on the first day that she was home with Matteo after the hospital, all Lopez could think was how happy he looked when she held him."I was over the moon," she told Business Insider.Just a few weeks earlier, in early January, Lopez had applied to be…

08 Aug

Veon Plans to Sell Up to 20% in IPO of Pakistan’s Top Mobile Operator

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Veon Ltd., a Dutch-domiciled telecommunications company, is preparing to sell as much as 20% in its Pakistani unit Jazz in an initial public offering, Chief Executive Officer Kaan Terzioglu said.“A 12-month horizon is when we will make really concrete decisions” about the IPO, Terzioglu said in an interview in Amsterdam. Pakistan’s pension funds, local and retail investors would be keen to have a stake in the country’s biggest mobile operator, he said. Veon earned $1.12 billion in revenue from Pakistan last year. Source link lol

08 Aug

5 things you should lie about in interviews, according to a recruiting expert

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Joel Lalgee spent around a decade working as a recruiter at various agencies until about two years ago.Now, the 36-year-old shares job market insights and recruiter tips on his social media accounts and podcast. He recently made a video about five things candidates should lie about during interviews."The job market is absolutely brutal, and it's extremely competitive," Lalgee said in the video. "So when it comes to interviews, you want to answer and say the right things."Lalgee told Business Insider he doesn't advocate for lying about skills or experience. But when it comes to the interview process, candidates need to…

08 Aug

Nvidia Has Lost $900 Billion Even as AI Spending Plans Ramp Up

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On the surface, Nvidia Corp.’s $900 billion selloff since its June record would suggest the artificial intelligence spending boom that propelled it there is cooling. But the undercurrents tell a far less dire story.Microsoft Corp., Amazon.com Inc., Alphabet Inc. and Meta Platforms Inc. — together accounting for more than 40% of Nvidia’s revenue — have all said they will keep investing billions into AI infrastructure. Meanwhile, Super Micro Computer Inc. — which makes data center servers used in AI — told investors it expects to generate up to $30 billion in sales over the next year, blowing away analyst expectations.…

08 Aug

Read the pitch decks from media and entertainment startups that have raised millions to disrupt Hollywood

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Tech is disrupting all areas of media and entertainment, and investors are rushing to cash in. Startups are attracting millions in investments to change how content is made, distributed, and more. Here are 24 pitch decks that startups used to fundraise for pre-seed and Series A rounds and beyond. Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy. You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom…

08 Aug

Move Over, LLMs. Small AI Models Are the Next Big Thing

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For years, tech giants like Google and startups such as OpenAI have been racing to build ever bigger and costlier artificial intelligence models using a tremendous amount of online data. Deployed in chatbots like ChatGPT, this technology can handle a wide range of complex queries, from writing code and planning trips to drafting Shakespearean sonnets about ice cream.Mark McQuade is betting on a different strategy. Arcee.AI, the startup he co-founded last year, helps companies train and roll out an increasingly popular — and much tinier — approach to AI: small language models. Rather than try to do everything ChatGPT can,…

08 Aug

A cheap Ukrainian drone managed to take out an $18 million Russian military helicopter: reports

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Ukraine's military took out a Russian Mi-28 military helicopter using a cheap remote-controlled aerial drone, according to reports.Sources from Ukraine's SBU intelligence agency told Ukrainian outlets Suspline and the Kyiv Post that Ukrainian special forces used a first-person view (FPV) remotely-guided drone to take down the helicopter in Kursk Oblast in Russia.This is where Russia's defense ministry said Ukrainian forces had this week launched a rare cross-border attack.Russia said a state of emergency had been declared in Kursk following Tuesday's cross-border raid. It said the raid involved 1,000 Ukrainian troops, 11 tanks, and more than 20 armored combat vehicles.Footage published by…