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  • August 8, 2023
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Angles between words

Natural language processing represents words as high-dimensional vectors, on the order of 100 dimensions. For example, the glove-wiki-gigaword-50 set of word vectors contains 50-dimensional vectors, and the the glove-wiki-gigaword-200 set of word vectors contains 200-dimensional vectors. The intent is to represent words in such a way that the angle between

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  • August 8, 2023
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BlueJeans folds

Verizon dropped hundreds of millions on BlueJeans at the height of the pandemic lockdowns. Three years and some change later, the lesser-known video-conferencing app is done for, the telecom giant told users today. In a mass email, Verizon wrote that it “made the difficult decision to sunset our suite of

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  • August 8, 2023
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Singapore wealth management platform Endowus raises $35M

Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus, which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 million in follow-on funding. Now two

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  • August 8, 2023
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WeWork goes from a $47B valuation to ‘substantial doubts’ about its ‘ability to continue as a going concern’

WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company’s ability to continue as a going concern.” WeWork has faced a number of challenges for years now, and with so many companies abandoning office

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  • August 8, 2023
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Lyft wants to kill surge pricing

Lyft has been cutting fares in order to secure more riders, and it’s working. Bu that success has come with a (literal) cost. The ride-hail company reported Tuesday during its second quarter 2023 earnings an increase in riders and decrease in revenue per active rider. That discrepancy was fueled by a

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  • August 8, 2023
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Human toddlers are inspiring new approaches to robot learning

It’s an exciting time for robotic learning. Organizations have spent decades building complex datasets and pioneering different ways to teach systems to perform new tasks. It seems we’re on the cusp of some real breakthroughs when it comes to deploying technology that can adapt and learn on the fly. The

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  • August 8, 2023
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Lyft shares pop, then plop, as it predicts slow and steady growth

Lyft made less money per active rider in the second quarter — something that might normally give investors pause. Yet, the ride-hailing giant’s stock price initially rocketed nearly 14% in after-hours trading following its Q2 2023 earnings report. The stock then shed its after-hours gains shortly before this story went

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  • August 8, 2023
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So your startup’s runway is dwindling and fundraising is hard. What’s next?

The concept of having a runway has its own set of maxims for startup founders. Investors we’ve interviewed generally agree that a successful fundraise should leave a startup with 18 to 36 months of capital, and by the time a startup has around 9 to 12 months of cash, it

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  • August 8, 2023
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Rivian beats on Q2 revenue, raises EV production guidance for 2023

Rivian gained positive momentum in the second-quarter and beat Wall Street expectations as the company ramped up EV sales, narrowed losses, reduced costs and shored up its supply chain. Rivian struck a confident tone in its second-quarter earnings, which was released after markets closed Tuesday, even raising its production guidance

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  • August 8, 2023
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Google is picking up the pace of Chrome security update releases

Image: The Verge Google’s “milestone” Chrome releases in the stable channel that come every four weeks will now be accompanied by weekly security updates (previously biweekly) to help close the “patch gap” between fixes appearing in Canary / Beta releases and when they go out to most users. Bad actors

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