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Apple’s Worldwide Builders Convention focuses closely on synthetic intelligence. Apple has launched Apple Intelligence, a generative synthetic intelligence product that will likely be accessible in iOS later this 12 months. iOS 18 may have many new options, together with the power to schedule textual content messages and customise your house display, main upgrades to Siri together with ChatGPT integration, and AI-generated emojis. In case you missed it, we have put collectively a helpful recap of every little thing Apple introduced.
Tesla CEO Elon Musk has obtained sufficient shareholder votes to approve his 2018 inventory possibility compensation package deal. The vote means he might obtain as much as $56 billion in compensation, the most important CEO pay package deal in historical past, however a Delaware choose nonetheless has to challenge a last resolution after ruling the package deal is unfair.
When it comes to financing information, Mistral AI has accomplished its much-rumored Collection B spherical of financing. The corporate has raised €600 million (roughly $640 million at right this moment’s alternate charges) via a mixture of fairness and debt. The brand new funding spherical values ​​the startup at $6 billion because it continues to compete with OpenAI, Anthropic and different synthetic intelligence giants.
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Former NSA chief joins OpenAI: Paul Nakasone, former director of the Nationwide Safety Company and retired Military normal, will be part of the OpenAI board of administrators and function a member of the board’s “security and safety” subcommittee. learn extra
Tesla shareholders sue Musk: shareholder Tesla is suing Musk and board members over his resolution to begin xAI. They consider expertise and sources are being transferred from Tesla to new startups. learn extra
BeReal was acquired by: French cell apps and video games writer Voodoo acquires BeReal for €500 million. BeReal co-founder and CEO Alexis Barreyat will depart the corporate after a transition interval. learn extra
You can provide up the ring: Apple is lastly giving customers a approach to pause the exercise ring on their Apple Watch, which is very helpful in the event you’re sick or unable to have interaction in bodily exercise. learn extra
Raspberry Pi launched: The maker of small, low-cost single-board computer systems priced its preliminary public providing on the London Inventory Alternate at £2.80 a share, valuing it at $690 million at right this moment’s alternate charges, and shortly jumped to £3.70 a share. learn extra
There’s lastly a calculator app for iPad: For the primary time, iPad will include a devoted calculator app. However, academics, take observe. The app consists of Math Notes, a brand new characteristic that does math calculations for you. learn extra
The brand new distraction-free smartphone: Minimalist smartphone maker Mild has launched its newest mannequin. The Mild Cellphone III would not have entry to social media or the web, but it surely does have a bigger OLED show and digital camera. learn extra
Spotify internalized: Spotify is transferring additional into promoting with Inventive Lab, its first in-house artistic company. The corporate stated it’s going to additionally start testing generative AI promoting. learn extra
Does your system have iOS 18? Apple’s iOS 18 will likely be appropriate with many Apple gadgets this fall, however if you’d like the total Apple Intelligence expertise, chances are you’ll wish to improve. learn extra
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Apple Intelligence doesn’t wish to sound flashy: With iOS 18, Apple is taking a extra cautious strategy. Somewhat than overwhelming customers with too many AI options, the corporate is rigorously rolling out AI the place it thinks it is going to be really helpful. Whereas Apple’s synthetic intelligence is actually not that flashy, Sarah Perez believes it is the corporate’s method of defining its wager on what AI gadgets ought to be capable to do. learn extra
Tesla fan vote: Tesla and its followers are engaged in an unprecedented battle over Musk’s $56 billion compensation package deal. Diehard Tesla followers have been working tirelessly to get out the vote over the previous few months. Sean O’Kane explores the quite a few requires shareholders to take motion on X and reinforces their perception that Tesla is nothing with out Musk. learn extra
Why Y Combinator encourages small seed rounds: By 2024, many Y Combinator startups will solely need small seed rounds, however this will exclude many institutional seed enterprise capital companies. If YC startups handled these rounds extra like pre-seed rounds, it may not be so dangerous. However as Rebecca Szkutak writes, there are dangers if firms label these smaller rounds as “seed” with an eye fixed on elevating Collection A funding as the following step. learn extra
