Author: Jason
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India’s Uber-rival BluSmart appears to suspend service in wake of EV loan probe
BluSmart, India’s all-electric cab-hailing startup that was once seen as an emerging rival to Uber, appears to have suspended service in some cities just as the country’s market regulator launched a probe into Gensol Engineering, the publicly listed company that shares two of its co-founders. The cab service, which had been operating in Delhi-NCR, Bengaluru,… Read more
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OpenAI launches a pair of AI reasoning models, o3 and o4-mini
OpenAI announced on Thursday the launch of o3 and o4-mini, new AI reasoning models designed to pause and work through questions before responding. The company calls o3 its most advanced reasoning model ever, outperforming the company’s previous models on tests measuring math, coding, reasoning, science, and visual understanding capabilities. Meanwhile, o4-mini offers what OpenAI says… Read more
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OpenAI debuts Codex CLI, an open source coding tool for terminals
In a bid to inject AI into more of the programming process, OpenAI is launching Codex CLI, a coding “agent” designed to run locally from terminal software. Announced on Wednesday alongside OpenAI’s newest AI models, o3 and o4-mini, Codex CLI links OpenAI’s models with local code and computing tasks, OpenAI says. Via Codex CLI, OpenAI’s… Read more
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Digital frame maker Aura introduces the Aspen, a $299 frame with more intelligent features
Aura, a digital photo frames company founded by early Twitter employees, is introducing its latest model, Aspen, which adds new technology to the device and its accompanying mobile app. In addition to hosting your digital photos in its 12-inch HD display, the device now also allows you to add captions to your photos when they… Read more
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Bluesky feed builder Graze raises $1M, rolls out ads
Graze, a startup that lets people build and monetize custom feeds for Bluesky’s social network, has attracted new capital. Pre-seed investors, led by Betaworks and Salesforce Ventures, have invested $1 million in the company’s small team, which is working to give users control over their algorithms and social media experiences. Graze’s software, available via the… Read more
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Apple races to surpass rivals in quest to eliminate carbon pollution
Apple reported on Wednesday that is more than halfway to its 2030 goal. Read more
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Startup funding hit records in Q1. But the outlook for 2025 is still awful.
Startups attracted $91.5 billion in venture capital funding in Q1, according to the latest report from data provider PitchBook. This figure not only exceeds the previous quarter’s allocation by 18.5% but also represents the second-highest quarterly investment in the last decade. Despite this seemingly positive news, Kyle Stanford, lead U.S. venture capital analyst at PitchBook,… Read more
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Microsoft researchers say they’ve developed a hyper-efficient AI model that can run on CPUs
Microsoft researchers claim they’ve developed the largest-scale 1-bit AI model, also known as a “bitnet,” to date. Called BitNet b1.58 2B4T, it’s openly available under an MIT license and can run on CPUs, including Apple’s M2. Bitnets are essentially compressed models designed to run on lightweight hardware. In standard models, weights, the values that define… Read more
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NSO lawyer names Mexico, Saudi Arabia, and Uzbekistan as spyware customers behind 2019 WhatsApp hacks
This is the first time representatives for the spyware maker have publicly named its government customers. Read more
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As Deezer approaches profitability, it rolls out a custom algorithm and other new features
Last month, Deezer reported its first positive cash flow in 2024, marking a significant milestone in its history. As the music streaming platform nears profitability, it’s launching new features to differentiate itself in the highly competitive market. On Wednesday, Deezer announced several features aimed at providing listeners with a more personalized experience. These include a… Read more