Category: Tech
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Microsoft launches Phi-4, a new generative AI model, in research preview
Microsoft has revealed the newest addition to its Phi family of generative AI models. Called Phi-4, the model improves in several areas over its predecessors, Microsoft claims, particularly in solving math problems. That’s partly the result of better training data quality. Phi-4 is available in very limited access as of Thursday night only on Microsoft’s…
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ServiceTitan’s IPO is a big winner that could inspire fintechs
ServiceTitan, which offers financial and customer management software for the trades, went public in a big way on Thursday, much to the delight of retail investors. The stock quickly popped from its opening IPO sales price of $71 million to $105 a share in modest trading volume. It is currently maintaining an above-$100 price. ServiceTitan’s…
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United and Air Canada can now use Apple AirTags to track lost luggage
Arriving in time for holiday travel and potentially lost luggage, a new feature that allows Apple AirTag owners to share the location of a lost item is now integrated with the customer service systems of two major airlines. United and Air Canada are the first launch partners for Apple’s “Find My Share Item Location” feature,…
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Apple brings ‘Layered Recordings’ to Voice Memos app in iOS 18.2 update
Alongside the release of a host of new AI features, Apple is also updating the Voice Memos app in iOS 18.2. On Wednesday, the iPhone maker announced that iPhone 16 Pro and Pro Max users will be able to layer a vocal track on top of an existing instrumental recording in the Voice Memos app,…
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Apple reportedly developing AI server chip with Broadcom
Apple is working with semiconductor company Broadcom on its first server chip designed to handle AI applications, according to The Information, which cited three people with knowledge of the project. Apple is known for designing its own chips – called Apple Silicon and primarily manufactured by TSMC – for its devices. But those chips weren’t…
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EU cybersecurity rules for smart devices enter into force
Rules for boosting the security of connected devices have entered into force in the European Union. The Cyber Resilience Act (CRA) puts obligations on product makers to provide security support to consumers, such as by updating their software to fix security vulnerabilities. Although the deadline for compliance with the main obligations of the law is…
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Copilot Vision, Microsoft’s AI tool that can read your screen, launches in preview
Microsoft’s AI can now read your screen — or rather, the websites you’re browsing. On Thursday, the company began rolling out a limited, U.S.-only preview of Copilot Vision, a tool that can understand and respond to questions about sites you’re visiting using Microsoft Edge. Gated behind Copilot Labs, an opt-in program for experimental AI capabilities,…
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Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing (97 participated, but the document doesn’t reveal their identities). The Wall Street Journal previously reported that Valor Equity Partners, Sequoia Capital, and Andreessen Horowitz…
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Snyk hits $300M ARR but isn’t rushing to go public
Several factors might make you think Snyk, the developer security startup most recently valued at $7.4 billion, would be going public soon. It was drafting an IPO prospectus in January 2024 with potential plans to file within months, The Information reported. The firm also hit $300 million ARR recently and says it’s on track to…
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Paytm sells PayPay stake to SoftBank for $279.2 million
Paytm has agreed to sell its stake in Japanese payments firm PayPay to SoftBank for $279.2 million, as the Indian firm sheds non-core assets following a bruising regulatory clampdown earlier this year. The sale of Paytm’s stake in PayPay, which it received through acquisition rights six years ago, follows months of restructuring at the Indian…