Venture capital firm Social Capital suddenly fired two of its partners after they tried to raise outside money for an artificial intelligence startup — an endeavor that provoked the ire of the firm’s leader, high-profile investor Chamath Palihapitiya. After it fired Jay Zaveri and Ravi Tanuku on Sunday, the firm offered no details other than that high-wattage law firm Wachtell, Lipton, Rosen & Katz had been hired just days earlier to investigate a “situation,” Bloomberg first reported. Social...
London tech startup Oriole Networks has secured £10m in a seed round to support its mission to speed up the training of AI models.
Sarasin & Partners LLP cut its holdings in shares of Alexandria Real Estate Equities, Inc. (NYSE:ARE – Free Report) by 13.9% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,130 shares of the real estate investment trust’s stock after selling 8,281 shares during […]
Sam Bankman-Fried's bankrupt crypto exchange reached an agreement to sell the majority of its stake in the artificial intelligence startup Anthropic.
More than 100 experts from 10 countries in Western Europe and Scandinavia will mentor early-stage tech startups from Romania and Southeast Europe that apply to Startup Reaktor, a program that allows founders to access pre-seed investment and expand internationally. Startup Reaktor is an “internationalization first” program dedicated to early-stage and very early-stage tech startups from […]
The tool can also directly export the compositions as 30-second clips to create assets for social media, and Spotify Canvas. Source
The Pentagon’s departing artificial intelligence chief is offering a parting warning against tech companies’ claims that powerful new AI tools can serve as the solution to, or the cause of, existential problems.
To buy a house, you’ll probably need a real estate agent. Traditionally, sellers pay both agents a commission, a cost baked into the buyer’s closing fees. But a lawsuit settlement last week means buyers could start paying their agents directly or on an hourly basis. Also in this episode: global central banks meet this week, new tech may help bring down methane emissions, and avian flu is killing chickens across California.
LOGAN – In October 2023 a federal jury in Kansas City, Missouri found the National Association of Realtors (NAR) and some residential brokers liable for conspiring to artificially inflate commissions. The court fined NAR and other real estate organizations $1.78 billion in damages. The NAR is a 115-year-old nationwide trade organization in the United States […]
Thanks to a recent court settlement, the real estate industry is teetering on the edge of a significant transformation. This change is poised to revolutionize how real estate commissions are
Changes could be coming to the red-hot housing market and it would save money for buyers and sellers.
Social media users can't figure out whether the highly realistic woman in a video ad is real or AI-generated. The answer is she's both. [Read More]