Author: Jason
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VCs say AI companies need proprietary data to stand out from the pack
AI companies across the globe raised more than $100 billion in venture capital dollars in 2024, according to Crunchbase data, an increase of more than 80% compared to 2023. It encompasses nearly a third of the total VC dollars invested in 2024. That’s a lot of money funneling into a lot of AI companies. The… Read more
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Lenovo’s latest form factors prove PCs can still be fun
Large corporations aren’t known for taking risks. This is as true in the world of consumer hardware as anywhere. Annual updates are largely incremental, with small changes to things like screen resolution or image quality. It’s a phenomenon that Lenovo is more than happy to buck when it showcases the latest updates to its PC… Read more
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How to delete Facebook, Instagram, and Threads
In the wake of Meta’s decision to remove its third-party fact-checking system and loosen content moderation policies, Google searches on how to delete Facebook, Instagram, and Threads have been on the rise. People who are angry with the decision accuse Meta CEO Mark Zuckerberg of cozying up to the incoming Trump administration at the expense… Read more
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Riding in a Zoox robotaxi at CES 2025: Everything that went right and wrong
A construction zone. A car crash. A double-parked truck. A motorcycle cop with its red, white, and blues deployed. My one-hour trip along the Las Vegas Strip in a custom-built Zoox robotaxi during CES 2025 wasn’t a dull one. A second, shorter ride the following evening proved less eventful. And in both rides, the Zoox… Read more
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Hugging Face settles suit with AI startup FriendliAI, which had accused it of patent infringement
Hugging Face, the AI developer platform, has settled a lawsuit against Korean AI startup FriendliAI, which had accused Hugging Face of infringing on one of its patents. Per a filing on Friday in the U.S. District Court for the Northern District of Delaware, FriendliAI reached a “confidential agreement” with Hugging Face on January 8 and… Read more
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Shein is still looking to IPO
Shein is still looking to IPO, Reuters reports. The company is looking to list on the London Stock Exchange (LSE) and could complete its IPO as early as April. The push for London comes after the company stopped trying to list in the U.S. as lawmakers raised concerns over the company’s connections to China and… Read more
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Meta eliminates DEI programs
Axios reports that Meta is eliminating its biggest DEI efforts, effective immediately, including ones that focused on hiring a diverse workforce, training, and sourcing supplies from diverse-owned companies. Its DEI department will also be eliminated. In a memo leaked to the outlet, Meta said it was making these changes because the “legal and policy landscape… Read more
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January almost had its first pentacorn, and other startup news
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. The second week of the year is usually a busy one for startup news, and 2025 is no exception. From CES product launches to M&As and funding… Read more
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EU approves $35B Synopsys and Ansys merger, subject to divestment conditions
The European Commission (EC) has given the greenlight for Synopsys to acquire Ansys, though the companies must sell-off various software products as part of the proposed remedies. Chip design software maker Synopsys revealed last January its plans to acquire Ansys, a simulation software developer that helps engineers model and analyze the physical behavior of products, such as chips,… Read more
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Overhaul raises another $55M to help companies like Dyson and Microsoft fight supply chain theft
Businesses dependent on the physical supply chain — the network of facilities and transportation systems used to move materials from one location to another — face a number of challenges, from staff shortages to increasing customer expectations. The pressures aren’t easing up. According to a survey from Prologis, a real estate investment trust, two-thirds of… Read more