Adobe Says It Won’t Train AI Using Artists’ Work. Creatives Aren’t Convinced

Adobe Says It Won’t Train AI Using Artists’ Work. Creatives Aren’t Convinced

When users first found out about Adobe’s new terms of service (which were quietly updated in February), there was an uproar. Adobe told users it could access their content “through both automated and manual methods” and use “techniques such as machine learning in order to improve [Adobe’s] Services and Software.” Many understood the update as … Read more

McDonald’s Ends Experiment With Hilariously Bad AI Drive-Thrus

McDonald’s Ends Experiment With Hilariously Bad AI Drive-Thrus

Image: Jeff Chiu (AP) McDonald’s will ditch AI drive thrus completely next month after the artificial intelligence experience left a lot to be desired for both customers and company. I Need A Sleek And Fast Car To Replace My Aging Aston Martin | WCSYB? The burger giant will axe the program known as the Automated … Read more

Nvidia unseats Microsoft as world’s most valuable company

Nvidia unseats Microsoft as world’s most valuable company

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Dec. 13, 2023. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

Can the UK and London maintain its lead?

Can the UK and London maintain its lead?

The U.K. is the No. 1 country in Europe for tech by many accounts. In 2023, British startups raised $21.3 billion, their third-highest total on record, according to a report from Dealroom and HSBC Innovation Banking. It’s the No. 1 location in Europe for funding — with France coming in second, raising $9.2 billion last … Read more

Uber, Khosla, Nvidia invest in autonomous trucking startup Waabi

Uber, Khosla, Nvidia invest in autonomous trucking startup Waabi

Raquel Urtasun, Founder and CEO of Waabi. Courtesy: Waabi Autonomous trucking startup Waabi announced Tuesday it has raised $200 million in an oversubscribed Series B funding round led by existing investors Uber and Khosla Ventures. Waabi’s latest funding round also includes Nvidia, a new investor in the company, as well as Porsche and the venture capital … Read more

CNBC Daily Open: Boeing’s reckoning

CNBC Daily Open: Boeing’s reckoning

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., Feb.12, 2024. Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like … Read more

CNBC Daily Open: Boeing’s ‘moment of reckoning’

CNBC Daily Open: Boeing’s reckoning

Traders work on the floor of the New York Stock Exchange during afternoon trading on March 27, 2024. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

McDonald’s to end AI drive-through test with IBM

McDonald’s to end AI drive-through test with IBM

McDonald’s is changing course on its artificial intelligence plans. The fast-food giant will end a test run of its AI drive-through technology partnership with IBM in more than 100 restaurants. The so-called Automated Order Taker will be shut off no later than July 26, according to a memo sent to franchisees late last week, obtained … Read more

AI Is Coming for Big Tech Jobs—but Not in the Way You Think

AI Is Coming for Big Tech Jobs—but Not in the Way You Think

Aaron Damigos’ inbox was hit with a dreaded, ubiquitous business-update calendar invite on June 3. The meeting included someone from HR, his manager, and upper management—and ultimately resulted in the sudden end to his job as a web support associate with Microsoft. Microsoft reportedly laid off some 1,000 people in early June, pulling from its … Read more

OpenAI-Backed Nonprofits Have Gone Back on Their Transparency Pledges

OpenAI-Backed Nonprofits Have Gone Back on Their Transparency Pledges

Neither database mandates nor generally contains up-to-date versions of the records that UBI Charitable and OpenResearch had said they provided in the past. The original YC Research conflict-of-interest policy that Das did share calls for company insiders to be upfront about transactions in which their impartiality could be questioned and for the board to decide … Read more