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https://www.theinformation.com/articles/generative-ai-providers-quietly-tamp-down-expectations

Generative AI Providers Quietly Tamp Down Expectations
In the past year, major technology firms have championed generative artificial intelligence as the next big thing, boosting the stock market to new highs. But behind the scenes, representatives of major cloud providers and other firms that sell the technology are tempering expectations with ...

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Generative AI Providers Quietly Tamp Down Expectations
In the past year, major technology firms have championed generative artificial intelligence as the next big thing, boosting the stock market to new highs. But behind the scenes, representatives of major cloud providers and other firms that sell the technology are tempering expectations with ...

Vent-Axia Lo-Carbon Tempra single-room MHRV: Review - Learn how our Tempra MHRV helps keep humidity down in the kitchen and the air fresh, even when drying laundry in winter. #frugal #cutCarbon -

Vent-Axia Lo-Carbon Tempra single-room MHRV: Review
Learn how our Tempra MHRV helps keep humidity down in the kitchen and the air fresh, even when drying laundry in winter. #frugal #cutCarbon

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ByteDance investors reassessing what the company's value would be without TikTok, estimate that TikTok lost several billion dollars in 2023 on revenue of ~$20B (The Information)
https://www.theinformation.com/articles/tiktok-ban-b…

TikTok Ban Bill Spotlights Open Secret: App Loses Money
TikTok, facing a growing threat of a U.S. ban, has been a global juggernaut over the past few years, drawing more than a billion monthly users and prompting rivals to launch similar services. But what is an open secret among investors is that the app loses money. TikTok’s parent, ByteDance, ...

Vent-Axia Lo-Carbon Tempra single-room MHRV: Review - Learn how our Tempra MHRV helps keep humidity down in the kitchen and the air fresh, even when drying laundry in winter. #frugal #cutCarbon -

Vent-Axia Lo-Carbon Tempra single-room MHRV: Review
Learn how our Tempra MHRV helps keep humidity down in the kitchen and the air fresh, even when drying laundry in winter. #frugal #cutCarbon

AI researcher Andrej Karpathy, one of the founding members of OpenAI, leaves the company; Karpathy was developing a product that he described as an AI assistant (The Information)
https://www.theinformation.com/articles/openai-researcher-andrej-kar…

OpenAI Researcher Andrej Karpathy Departs
Andrej Karpathy, one of the founding members of OpenAI, has left the company, a spokesperson confirmed. Karpathy, a prominent artificial intelligence researcher, was developing a product he has described as an AI assistant and worked closely with the company’s research chief, Bob McGrew. While ...

Sources: e-commerce roll-up firm Kite, which was cofounded by Blackstone in 2022 and closed a $200M equity commitment, shut down earlier in 2024 (Natasha Mascarenhas/The Information)
https://www.theinformation.com/articles/blackstone-f…

Blackstone-Founded E-Commerce ‘Roll-Up’ Firm Shuts Down
How bad is the slowdown in e-commerce growth? Ask Blackstone, one of the world’s largest investment firms. Two years ago, a division of Blackstone that invests in consumer brands such as Supergoop and Spanx joined a second investor to commit $200 million to an e-commerce startup they had founded ...

Sources: e-commerce roll-up firm Kite, which was cofounded by Blackstone in 2022 and closed a $200M equity commitment, shut down earlier in 2024 (Natasha Mascarenhas/The Information)
https://www.theinformation.com/articles/blackstone-f…

Blackstone-Founded E-Commerce ‘Roll-Up’ Firm Shuts Down
How bad is the slowdown in e-commerce growth? Ask Blackstone, one of the world’s largest investment firms. Two years ago, a division of Blackstone that invests in consumer brands such as Supergoop and Spanx joined a second investor to commit $200 million to an e-commerce startup they had founded ...

Filings: ByteDance-owned entity Picoheart is now the third-largest shareholder in InnoStar, a Chinese state-backed ReRAM chips maker, with a 9.5% stake (Juro Osawa/The Information)
https://www.theinformation.com/articles/tik…

TikTok Owner Boosts China Ties, Invests in State-Backed Chip Firm
As the Chinese government races to catch up in advanced computer chips, it has found anally in ByteDance, the owner of TikTok. The Chinese tech company has quietly bought a stake in InnoStar Semiconductor, a Shanghai-based memory chip firm backed by the Chinese government, according to corporate ...