Welcome again to Techmim’s Week in Assessment — Techmim’s publication recapping the week’s greatest information. Need it on your inbox each Saturday? Enroll here.
Apple’s Worldwide Developers Conference had a large center of attention on AI. Apple unveiled its generative AI providing, Apple Intelligence, which will likely be to be had in iOS later this 12 months. iOS 18 can have various new options, together with the facility to schedule text messages and customize your home screen, primary upgrades to Siri — together with ChatGPT integration — and AI-generated emojis. In case you ignored it, we put in combination a to hand recap of everything Apple announced.
Tesla CEO Elon Musk has secured enough shareholder votes to have his 2018 inventory choice reimbursement bundle licensed. The vote way he may just get a payout of as much as $56 billion, the largest CEO reimbursement bundle in historical past, however a judge in Delaware nonetheless has to factor her ultimate choice after ruling the bundle used to be unfair.
In investment information, Mistral AI has closed its much rumored Series B funding round. The corporate has secured €600 million (round $640 million at lately’s alternate charge) in a mixture of fairness and debt. The brand new spherical values the startup at $6 billion because it continues to compete with OpenAI, Anthropic and different AI giants.
Information
Former NSA head joins OpenAI: Former head of the NSA, retired military common Paul Nakasone, will sign up for OpenAI’s board of administrators and can take a seat at the board’s “safety and security” subcommittee. Read more
Tesla shareholders sue Elon Musk: Shareholders of Tesla are suing Elon Musk and participants of the board of administrators over Musk’s choice to start out xAI. They argue that skill and assets are being diverted from Tesla to the brand new startup. Read more
BeReal will get purchased: French cell apps and video games writer Voodoo has got BeReal for €500 million. BeReal co-founder and CEO Alexis Barreyat will depart the corporate after a transition length. Read more
You’ll ditch the rings: Apple has in the end made some way for customers to pause task rings on Apple Watches, which is particularly useful in case you are unwell or in a different way not able to do bodily actions. Read more
Raspberry Pi is going public: The maker of tiny, reasonable, single-board computer systems priced its IPO at the London Inventory Alternate at £2.80 in keeping with percentage, valuing it at $690 million at lately’s alternate charge, and briefly jumped to £3.70 in keeping with percentage. Read more
iPads in the end get a calculator app: iPads can have a devoted calculator app for the primary time. However, academics, beware. The app contains Math Notes, a brand new function that does the mathematics for you. Read more
A brand new distraction-free smartphone: Minimalist smartphone maker Gentle introduced its latest style. The Gentle Telephone III doesn’t have get admission to to social media or the web, nevertheless it does game a bigger OLED show and a digital camera. Read more
Spotify is going in-house: Spotify is venturing additional into the advert area with its first in-house ingenious company, Ingenious Lab. The corporate stated it’s going to additionally start checking out generative AI commercials. Read more
Will your instrument have iOS 18?: Apple’s iOS 18 will likely be suitable with many Apple units q4, however you could have to improve if you wish to have the whole Apple Intelligence enjoy. Read more
Research
Apple Intelligence isn’t looking to be flashy: With iOS 18, Apple is taking a extra wary means. As an alternative of overwhelming customers with too many AI options to rely, the corporate is punctiliously rolling out AI the place it believes it may well be in truth helpful. Whilst Apple’s AI is under no circumstances as flashy, Sarah Perez argues that it’s the corporate’s means of defining the desk stakes for what an AI-powered instrument must be capable to do. Read more
Tesla enthusiasts get out the vote: Tesla and its enthusiasts waged an exceptional struggle over Elon Musk’s $56 billion pay bundle. Over the previous few months, there was an unrelenting get-out-the-vote effort from Tesla’s greatest enthusiasts. Sean O’Kane explores the numerous calls to motion on X to get shareholders to vote sure — and beef up their trust that Tesla is not anything with out Musk. Read more
Why Y Combinator is encouraging small seed rounds: In 2024, many Y Combinator startups best need tiny seed rounds — nevertheless it may well be repelling many institutional seed VCs. If YC startups deal with those rounds extra like pre-seed investment, it is probably not all that dangerous. However as Rebecca Szkutak writes, there’s a chance if corporations are labeling those smaller rounds as “seed rounds” with their attractions set on subsequent elevating a Sequence A. Read more
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