Apple's generative AI play unveiled this afternoon can be summed up in three words: personalized, private, practical.
Why it matters: Apple has been the slowest of the major tech companies to detail a generative AI strategy, and today's announcements represent its broadest effort yet to hang the banner of modern AI over its popular products, Axios' Ina Fried notes.
Apple on Monday unveiled "Apple Intelligence," its plan to harness advances in artificial intelligence to improve the software that powers the iPhone, Mac and other products.
Why it matters: Apple has been the slowest of the major tech companies to detail a generative AI strategy, and today's announcements represent its broadest effort yet to hang the banner of modern AI over its popular products.
OpenAI's C-Suite will expand with the hires of Sarah Friar as its first chief financial officer and Kevin Weil as chief product officer, the company said Monday.
Why it matters: The firm behind ChatGPT has tapped Silicon Valley veterans with experience managing larger tech companies as it looks to expand beyond a small start-up.
Rippling, the Silicon Valley onboarding juggernaut founded by Parker Conrad, has banned ex-employees from participating in a large stock tender offer if they currently work for any of eight rival companies.
The stakes: The tender is for $590 million of shares at a $13.5 billion valuation.
I recently visited seven U.S. national parks, and came to appreciate their incredible diversity — no two are the same, so it's impossible to rank them against one another.
That couldn't be said for the cars in their visitor parking lots, which were packed with rows of lookalike SUVs.
A new startup called Vestible imagines a world where sports fans can invest in their favorite athletes and buy shares in their future earnings.
Why it matters: The startup, which recently received regulatory clearance, is the latest gambit allowing people to directly invest in celebrities' earning power.
Retailers are struggling to rein in gift card scammers.
Americans lost at least $217 million to gift card scams last year, the Federal Trade Commission says — and many victims are too embarrassed to report being targeted.
For the past year, Robinhood CEO Vlad Tenev has quietly been helping build Harmonic, a startup building an AI system to solve some of the world's toughest math problems.
Why it matters: As good as many of the latest generative AI models are at language, they tend to be bad at math.
The fat profit margins that have fueled Nvidia's phenomenal stock price run-up stem from marketplace bottlenecks that are bound to ease.
Why it matters: Nvidia is the AI revolution's bellwether investment, and whenever it starts going down instead of up, the entire AI market is likely to retrench.
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