Digital payments giant Stripe said Sunday that it's raised $600 million in new funding at a $95 billion valuation.
Why it matters: This makes Stripe the most highly-valued U.S. "unicorn," topping SpaceX. It's also a massive increase over the $36 billion valuation Stripe secured last April.
More than a decade after its publication, Gary Shteyngart's comedic near-future novel keeps coming true.
Why you should read it: "Super Sad Love Story" is hysterical, like all of Shteyngart's work, but what makes it still relevant is his uncanny ability to predict a world where income is all that matters, entertainment is only digital, and people willingly monetize their innermost selves for legions of fickle followers.
AI companies are generating synthetic data to train machine learning systems.
Why it matters: Using computer-generated data to train AI systems can help address privacy concerns and cut down on bias while meeting the needs of models that operate in highly specific environments.
Software bots are getting smarter and more capable, enabling them to automate much of the work carried out in offices.
Why it matters: Bots can make digital work more efficient by taking on onerous and repetitive white-collar tasks, but the better they get, the more competition they pose to skilled workers who might have thought themselves exempt from the job-disrupting effects of automation.