Author: Jason
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Parallel Systems is building autonomous electric rail for short-distance freight
The business of moving goods in the United States is dominated by trucks, which handle about two-thirds of the 20.2 billion tons of freight that’s transported annually. Parallel Systems founder and CEO, Matt Soule, wants to change that by putting a modern autonomous and electric twist on the centuries-old railroad system. The Los Angeles-based company… Read more
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Hacked documents reveal guide to serving Elon Musk on private jets
A recent breach of Berkshire Hathaway-owned private jet company NetJets has revealed a guide for flight attendants serving Elon Musk, per a Bloomberg report. The memo offers an interesting glimpse into the personal preferences of the world’s richest man. Some of the preferences are surprising for the CEO of Tesla, a company dedicated to sustainability.… Read more
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Why Nest co-founder Matt Rogers is still bullish on HVAC
Matt Rogers says Quilt is picking up where his old startup, Nest, left off. Read more
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Spotify invests over $1M to grow its catalog of non-English audiobooks
Spotify announced on Friday that it plans to invest €1 million–or approximately $1.1 million — to boost audiobook production in languages other than English, beginning with French and Dutch. The investment indicates that Spotify is eager for more non-English titles in its limited library as it tries to compete with major players like Audible in… Read more
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OpenAI is winding down its GPT-4 AI model in ChatGPT
OpenAI will soon retire GPT-4, an AI model it launched over two years ago, from ChatGPT, the company announced in a changelog on Thursday. Effective April 30, GPT-4 will be “fully replaced” by GPT-4o, the current default model for ChatGPT, OpenAI said. However, GPT-4 will remain available in OpenAI’s API. “In head‑to‑head evaluations, [GPT-4o] consistently… Read more
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Less than a month to get your exhibit table for TechCrunch Sessions: AI
TechCrunch Sessions: AI is fast approaching. So, what does that mean for you? It means exhibit tables are nearly gone — and now’s your chance to grab one before they’re all sold out. If you’ve got a game-changing product to showcase to the AI world, don’t keep it quiet. Exhibit your brand in front of… Read more
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Dropbox Chief Customer Officer Eric Cox plans to step down, per filing
Dropbox’s chief customer officer, Eric Cox, plans to step down, according to a document filed with the SEC on Friday. Cox will remain in his current role for “a period of time” to help with the transition, per the filing, and then will continue as a “non-executive” employee through mid-August. Dropbox didn’t immediately respond to… Read more
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Startups Weekly: Enjoying the reprieve
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. Startups aren’t isolated from the world. But this week, funding news felt positively uncorrelated from the overall news cycle, offering somewhat of a reprieve — or perhaps… Read more
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Microsoft inks massive carbon removal deal powered by a paper mill
The purchase covers 12 years of emissions from CO280’s first carbon capture project at a mill on the Gulf Coast. Read more
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Leaders from Accel and Paladin Capital Group join the stage at StrictlyVC London in May
Mark your calendar — StrictlyVC London is just around the corner on 13 May. Designed for founders, entrepreneurs, and investors, this exclusive gathering promises deep VC insight and high-value connections. We’re thrilled to welcome our first pair of confirmed speakers: Nazo Moosa, managing director of Paladin Capital Group, and Sonali De Rycker, partner of Accel… Read more