Agility to digitize and integrate AI low among businesses: CGI
Only one in five executives say their business models have the agility to address digitization, including the integration of new technologies like artificial intelligence, a new report by Montreal-based IT consulting firm CGI found. The promises of digital transformation and AI have been the talk of the town for businesses
Read moreMeta launches an AI research community, but devotes few resources to it
Angling to stay relevant in the exploding AI field, Meta is launching a new organization, the Open Innovation AI Research Community, to foster what it describes as “transparency, innovation and collaboration” among AI researchers. Initially, the focus of the group will be the privacy, safety and security of large language
Read moreCrypto is known for financial use cases, but how can it grow from there?
As crypto and blockchain technology gains more attention among regulators, many are asking what are some use cases for the industry beyond making money, all in an effort to define why it exists in the first place. To help keep track of these use cases, Polygon Labs last month released
Read moreInstagram is making it easier to create Reels with the app’s templates
Instagram announced today that it’s introducing updates to its Reels templates to make it even easier for users to create engaging short-form videos, as the social media giant continues to compete with TikTok. The company is launching a new “Template Browser” that will let users sift through templates by categories.
Read moreThe NYPD is testing drones that broadcast public safety warnings during emergencies
The NYPD conducted its test on Sunday following weeks of heavy rain and flooding across the city. | Photo by James Carbone / Newsday RM via Getty Images The New York City Police Department is testing new drones that are designed to transmit audio messages to the public, such as
Read moreTechCrunch+ Roundup: Firing yourself as CEO, board deck basics, venture debt explained
Feeling pretty confident about the marketing slides you’ve prepared for your upcoming board meeting? If so, you may be on the wrong track. Very few board members have any direct experience in that area, so founders need to “stick with what can be measured,” advises Michelle Swan, a partner at
Read moreThousands of authors sign letter urging AI makers to stop stealing books
If you ask GPT-4 to do a passage in the style of Carmen Machado or Margaret Atwood or Alexander Chee, it will do a fair job at it, and for good reason: it likely ingested all their works in the training process, and now uses their ingenuity for its own.
Read moreTelegram raises $210 million through bond sales
Telegram raised about $210 million through bond sales this week from a number of investors, including its founder and chief executive Pavel Durov. The messaging app, used by over 800 million users each month, raised the capital by issuing bonds worth $270 million. “Because interest rates have gone up significantly
Read moreTesla Q2 2023 earnings expectations: Cybertruck news and price cut effects
Tesla will announce its second-quarter earnings Wednesday after the bell. Investors will be listening out for more details on the much-delayed Cybertruck, as well as how Tesla’s many price cuts have affected automotive gross margins. Wall Street estimates predict Tesla will bring in around $24.9 billion in revenue for the
Read moreCan insurtech recover from the ‘death of insurtech 1.0’?
Many startup sectors came out of 2021’s hype with a massive hangover in the form of valuations that they simply couldn’t justify as the market dipped and dived. Insurtech startups had it the worst, though, as investors started questioning the viability of the entire category. A recent report on the
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