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From Roombas to e-bikes, why are hardware startups going bankrupt? 

The hardware world had a brutal week, with iRobot, Luminar, and Rad Power Bikes all filing for bankruptcy.  Each company faces its own mix of tariff pressures, supply chain issues, and shifting markets, but together they tell a larger story about the challenges of building physical products in an era of global trade tensions and cheap overseas competition. From […]

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ChatGPT launches an app store, lets developers know it’s open for business

App developers looking to launch their programs in ChatGPT can now submit them for review and potential publication, OpenAI said Wednesday. The company also introduced a new app directory within Chat’s tools menu that has swiftly been dubbed an “app store.”  In October, the companyannouncedthe arrival of apps in its chatbot, explaining that the move would

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Why British politicians are flocking to American tech giants

The AI talent wars show no signs of slowing, with companies making headlines weekly for their latest high-profile hires. This includes engineers they are poaching from each other oracqui-hiringbut also, increasingly, senior executives that can support them as they scale up. Less than 10 days after Slack CEO Denise Dresserbecame OpenAI’s chief revenue officer, former

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ChatGPT’s mobile app hits new milestone of $3B in consumer spending

ChatGPT has hit a new milestone of $3 billion in worldwide consumer spending on mobile as of this week, according to estimates from app intelligence providerAppfigures. This figure represents the total spending on iOS and Android devices since the app’s launch in May 2023, when it first arrived, then only on iOS. What’s notable is

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Palona goes vertical, launching Vision, Workflow features: 4 key lessons for AI builders

Building an enterprise AI company on a "foundation of shifting sand" is the central challenge for founders today, according to the leadership at Palona AI. Today, the Palo Alto-based startup—led by former Google and Meta engineering veterans—is making a decisive vertical push into the restaurant and hospitality space with today's launch of Palona Vision and

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Anthropic launches enterprise ‘Agent Skills’ and opens the standard, challenging OpenAI in workplace AI

Anthropic said on Wednesday it would release its Agent Skills technology as an open standard, a strategic bet that sharing its approach to making AI assistants more capable will cement the company's position in the fast-evolving enterprise software market. The San Francisco-based artificial intelligence company also unveiled organization-wide management tools for enterprise customers and a

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Peripheral Labs taps into self-driving car sensors to bring sports fans right into the game

Multiple reports suggest thatlive sports viewinghasdeclinedfor certain sports, especially among Gen Z. To solve this, leagues and broadcasters are trying to make sports more engaging for fans with different kinds of viewing experiences, stats, and analysis. One way to do this is using volumetric video generation that lets users view the play from various angles,

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Luma releases a new AI model that lets users generate a video from a start and end frame

Luma, the a16z-backed AI video and 3D model company, released anew modelcalled Ray3 Modify that allows users to modify existing footage by providing character reference images that preserve the performance of the original footage. Users can also provide a start and an end frame to guide the model to generate transitional footage. The company said

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Vibe-coding startup Lovable raises $330M at a $6.6B valuation

Swedish vibe coding startup Lovable has more than tripled its valuation in just five months. Stockholm-based Lovable on Thursday said it hadraised $330 million in a Series B funding roundthat was led by CapitalG and Menlo Ventures, at a $6.6 billion valuation. Khosla Ventures, Salesforce Ventures and Databricks Ventures also participated, as did other investors.

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