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Why Meta and Snap are spending billions on AR glasses
After a decade of development and billions of dollars, Meta CEO Mark Zuckerberg in September pulled back the curtain on one of the company’s most ambitious projects: an augmented reality prototype called Orion. A week earlier, Snap CEO Evan Spiegel took the stage at its annual Snap Partner Summit to introduce its AR capable, 5th-generation […]
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Inside the fall of 23andMe
Once worth $6 billion, 23andMe has lost 98% of its value and is on the verge of being delisted from the Nasdaq after all of its independent board members resigned in September. So what happened? Founded in 2006, 23andMe set out to revolutionize the once very exclusive genetic testing business with a direct-to-consumer model. Thanks […]
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Here’s why China has been testing its autonomous car technology in the U.S. for years
Chinese companies are aggressively developing autonomous vehicles. In August, China announced that it had issued 16,000 test licenses for driverless cars and opened up about 20,000 miles of roads nationwide for autonomous vehicle testing. But Chinese autonomous vehicle companies have also quietly been testing their technology on U.S. streets. Baidu, Didi, WeRide, Pony.ai and AutoX […]
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Elon Musk is on track to become a trillionaire by 2027. Here’s why the rich keep getting richer
Elon Musk is on track to become the world’s first trillionaire by 2027, according to a recent report from Informa Connect Academy. Of the world’s billionaires, Musk is the closest to that 13-figure mark, and his wealth is growing. At the start of 2020, Musk was worth about $28.5 billion, according to the Bloomberg Billionaires […]
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Amazon bets on selling cashierless technology to retailers after pulling it from most U.S. stores
In 2012, Amazon founder Jeff Bezos was asked by TV host Charlie Rose whether his e-commerce company would ever venture into brick-and-mortar stores. Bezos said shoppers were well-served by existing physical retailers and that Amazon wasn’t interested in launching a “me-too” product. “We want to do something that’s uniquely Amazon,” Bezos said. “If we can […]
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After a decade of Elon Musk promising Tesla robotaxis, here’s what we know
For a decade, Elon Musk has championed the idea that one day Tesla cars will drive themselves as robotaxis. Next week, the company will unveil the design of its autonomous cabs. Despite years of bold predictions and missed deadlines, fans of the company are holding out hope that Musk will finally deliver at an Oct. […]
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Inside one of the first all-female hacker houses in San Francisco
For Molly Cantillon, living in a hacker house wasn’t just a dream, but a necessity. “I had lived in a few hacker houses before and wanted to replicate that energy,” said Cantillon, 20, co-founder of HackHer House and founder of the startup NOX. “A place where really energetic, hardcore people came together to solve problems. […]
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How Elon Musk hopes his new supercomputers will boost his businesses
Elon Musk is on a mission to build new supercomputers. As the CEO of Tesla and his new artificial intelligence startup xAI, the tech titan has big plans for how artificial intelligence can help to supercharge his businesses. In January, he wrote on X that Tesla should be viewed as an AI/robotics company rather than […]
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Amazon is using generative AI to drive more same-day shipping using smarter robots and better routes
For years, Amazon has set the bar for package delivery. When Prime launched in 2005, two-day shipping was unheard of. By 2019, one-day shipping was standard for millions of items. Now, the retail giant is turning to generative AI to drive more same-day shipping. Amazon is using the technology to optimize delivery routes, make more intelligent […]
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With Apple on board, OpenAI’s next act could be its toughest yet
OpenAI stormed onto the scene with ChatGPT and upended the tech world in less than two years. But over the next few months, the artificial intelligence darling will face some of its biggest tests yet. A highly anticipated partnership with Apple will supercharge its reach, putting it in front of millions of users who may […]
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