Silicon Valley’s quest to automate everything is unceasing, which explains its latest obsession: Auto-GPT. In essence, Auto-GPT uses the versatility of OpenAI’s latest AI models to interact with software and services online, allowing it to “autonomously” perform tasks like X and Y. But as we are learning with large language models, this capability seems to…
After weeks of truly stupid antics, Twitter has removed “government-funded media” labels on all accounts, from NPR to the Chinese state-affiliated Xinhua News. Twitter even appears to have deleted its web page explaining the “government-funded media” labels. This whole saga started when Twitter labeled NPR as “state-affiliated,” a designation that Twitter reserves for publications where…
If someone said “startup” while we were playing a word association game, I’d respond with “fundraising.” (I bet you would, too.) Asking people for money is a key aspect of every founder’s journey, but Techstars Managing Director Collin Wallace says it can also “accelerate your demise.” For example, raising a round to rev up engineering,…
SpaceX launched a fully integrated Starship launch vehicle for the first time on Thursday morning, a long-awaited and highly anticipated milestone in the vehicle development program. The orbital test flight surpassed many expectations. The vehicle cleared Max Q – the point at which the most aerodynamic pressure is exerted on the vehicle – and flew…
EU lawmakers in the European parliament are closing in on how to tackle generative AI as they work to fix their negotiating position so that the next stage of legislative talks can kick off in the coming months. The hope then is that a final consensus on the bloc’s draft law for regulating AI can…
Disney+ has announced that six Spider-Man films and the 2018 film “Venom” will be launching on the streaming service in the United States. Tobey Maguire’s trilogy of “Spider-Man,” “Spider-Man 2” and “Spider-Man 3” and Andrew Garfield’s “The Amazing Spider-Man” will arrive on the platform tomorrow, while Tom Holland’s “Spider-Man: Homecoming” and Tom Hardy’s “Venom” will…
Chain Reaction has been nominated for a Webby award in the Best Technology Podcast category. Please take a few moments to vote here. Voting closes today, April 20. Welcome back to Chain Reaction. Coinbase, the second-largest crypto exchange in the world, has received its digital asset business license from the Bermuda Monetary Authority, Bermuda Premier…
Every so often, a new startup crosses your radar and reminds you how exciting hardware can be. It’s a relative rarity in consumer electronics, a category dominated by corporations like Samsung, Apple and Sony, which are (perhaps understandably) somewhat risk averse. Melbourne-based Nura was one such company. I distinctly remember the startup paying a visit…
Autotech Ventures’ new $230M mobility fund adds fintech, circular economy to its investment strategy
Autotech Ventures will use its newly closed $230 million fund to expand beyond its foundation of early-stage ground transportation startups and invest in what the firm believes are the next big opportunities in automotive and mobility. Fintech, logistics, supply chain and the circular economy are at the top of the list. The $230 million fund,…
Snapchat’s AI chatbot is now opening up to a global audience, the company announced today at its Snap Partner Summit. Initially launched in February, the feature originally allowed Snapchat’s paid subscribers to chat with an AI chatbot powered by OpenAI’s GPT technology directly in its app. Now it will be available for free. To date,…