Episodios

  • Tech and AI Updates: Folding iPhones, OpenAI Concerns, and Wiz CEO's IPO Decision

    Tech and AI Updates: Folding iPhones, OpenAI Concerns, and Wiz CEO's IPO Decision
    Jul 25 2024
    Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. Apple is reportedly working on a folding iPhone, with a potential launch in 2026. The device is said to fold top-down like a flip-phone, aiming to address consumer demand in China and compete with brands like Samsung, Honor, and Xiaomi in the foldable phone market. Meanwhile, Apple is facing an investigation by the Spanish competition authority for allegedly imposing unfair trading conditions on developers who want to get apps into its app store. In other news, cybersecurity firm CrowdStrike experienced a software update crash, Alphabet invested $5 billion into Waymo, and the Kids Online Safety Act heads for a Senate vote.Shifting focus to OpenAI's future, concerns arise about their financial losses, lack of competitive advantage, and increasing competition from companies like MetaAI offering similar technology for free. Doubts linger about OpenAI's ability to thrive in this competitive landscape and raise more funds. Questions also loom over their unique technology, profitability, and long-term viability, suggesting challenges ahead similar to those faced by WeWork. Additionally, other AI companies, like Anthropoc, may face similar difficulties in the future.GM-owned Cruise initially introduced the Cruise Origin as a futuristic vehicle without steering wheels or pedals but recently announced an indefinite delay of its production. This shift aims to use the Chevy Bolt for self-driving efforts due to cost and regulatory challenges. Competitors like Waymo and Zoox continue to invest in robo-taxi vehicles without steering wheels. In the venture deals space, various companies across different industries secured significant funding rounds. In people news, Dell Technologies Capital hired Barrel Kfir as an investing partner and Techstars promoted Jonathan Geehan to CFO.Wiz CEO Assaf Rappaport turned down offers from Google parent Alphabet to acquire his cybersecurity startup, opting instead to pursue an IPO. This decision may have been influenced by concerns about antitrust regulations and the desire to maximize value as a public company. J.D. Vance's economic policies as a potential vice presidential nominee could lead to a tighter labor market and protectionism, impacting wages and inflation. Other news includes Elon Musk expressing concerns about the potential impact of a Trump win on Tesla, including the repeal of EV tax credits and tariffs on auto imports from Mexico. Tesla reported disappointing profits, causing shares to fall.

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    2 m
  • AI and Tech Updates: Llama 3.1, Google's Cookie Controversy, Iconiq Growth Transparency, and More!

    AI and Tech Updates: Llama 3.1, Google's Cookie Controversy, Iconiq Growth Transparency, and More!
    Jul 24 2024
    Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Meta has released a new model called Llama 3.1 with 405 billion parameters, surpassing OpenAI's GPT-4o in performance. Companies can use Llama 3.1 to create synthetic datasets, driving down costs and accelerating generative AI adoption. Despite risks, the potential benefits in innovation are significant. Various industry developments include new appointments and demands for AI safety information.Transitioning to Google, their plan to phase out third-party cookies in Chrome faced pushback and delays due to privacy concerns and regulatory issues. Eventually, Google announced it will continue to support third-party cookies, disappointing privacy advocates but pleasing the ad-tech industry.Iconiq Growth, a secretive venture fund in Silicon Valley, recently opened up after a decade of silence, managing the wealth of high-profile individuals. The firm's transparency shift aims to fill a competitive void in the market. In other news, several companies secured substantial funding rounds.Crowdstrike CEO George Kurtz faced a crisis after a software defect caused global disruptions. Wiz rejected Google's acquisition offer, and Iconiq Growth shared details about its founder network. The importance of succession planning for political parties is highlighted.Lastly, an article discusses the benefits of using perplexity as a powerful AI tool for research and information discovery, challenging readers to experience its advantages firsthand for a week.Thank you for tuning in to OWITH.ai: the podcast with all you need to know in AI and tech.

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  • Tech Giants, Political Shifts, and Healthcare Innovations: The Latest in AI and Tech from OWITH.ai

    Tech Giants, Political Shifts, and Healthcare Innovations: The Latest in AI and Tech from OWITH.ai
    Jul 23 2024
    Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Tech giants such as Facebook, Apple, Amazon, NVIDIA, Google, and Microsoft are transforming the landscape by making AI models 100 times smaller. OpenAI has rolled out GPT-4o mini, a more compact version of GPT-4o, known as the top small model globally. This shift towards smaller AI models aims to enhance optimization for previously underoptimized models, albeit sparking concerns about industry control and democratization. Moving on to politics, Kamala Harris, a key Democratic figure in the upcoming presidential elections, has deep ties to the tech sector. She supports regulating big tech firms on antitrust and privacy grounds but stops short of advocating for their breakup. Harris also backs AI regulation and online safety measures, balancing pro-consumer and pro-industry policies. Her endorsements from Silicon Valley heavyweights like Elon Musk and Marc Andreessen could influence tech-related issues in the election.In venture capital news, Lauri Moore has joined Bessemer Venture Partners as a partner focused on investing in early-stage dev tools, infrastructure, and data science. Moore's expertise in engineering building blocks for an AI-centric world underscores Bessemer's commitment to partnering with AI-focused founders. Noteworthy investments include Vitablue, After.com, and Heeler Security, signaling continued growth in the AI sector.Shifting gears to recent developments, President Joe Biden's decision not to seek re-election has significant implications for the tech industry. Tech leaders are split in their political support, with some backing Donald Trump while others align with the Democrats. CrowdStrike faced challenges due to a flawed update, underscoring the trade-offs of rapid response to cyber threats. Amazon's revised return-to-office policy and Santorini's tourism strains are also on the radar of tech leaders seeking policy decisions that foster innovation.Delving into cybersecurity concerns, vulnerabilities stemming from third-party developers' access to kernel and user space pose risks for computer systems. The recent incident involving a faulty update from CrowdStrike highlights the need to address vulnerabilities within computer systems effectively while maintaining innovation. Balancing security measures across different operating systems like Windows, Apple, and Linux is crucial for regulatory frameworks that support both security and competition.On the healthcare front, artificial intelligence is revolutionizing cancer detection with remarkable accuracy. AI tools like Unfold AI have demonstrated an 84% accuracy rate in identifying prostate cancer, surpassing physicians' 67% accuracy. These tools offer personalized treatment plans based on 3D cancer estimation maps derived from clinical data, potentially transforming cancer screening and early detection practices for improved patient outcomes. While AI presents promising opportunities in healthcare, it should complement clinical judgment rather than replace it.In conclusion, integrating AI into various sectors presents both challenges and opportunities that require careful consideration of regulatory frameworks and ethical implications for future technological advancements. Thank you for tuning in to OWITH.ai for the latest updates in AI and tech news.

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    3 m
  • AI Innovations: From Speech Impairments to Coral Reefs, Stay Informed with OWITH.ai

    AI Innovations: From Speech Impairments to Coral Reefs, Stay Informed with OWITH.ai
    Jul 22 2024
    Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. ##"Google releases new AI tool to help people with speech impairments" Google has recently unveiled a new AI tool that aims to assist individuals with speech impairments. The tool, called Project Relate, uses machine learning algorithms to interpret and transcribe speech in real-time, making communication easier for those who may have difficulty speaking. This development marks a significant step forward in leveraging AI technology to improve accessibility for all individuals.##"Microsoft's AI-powered drones help restore coral reefs" Microsoft has teamed up with environmental organizations to deploy AI-powered drones in an effort to restore coral reefs. These drones use artificial intelligence to monitor and analyze the health of coral reefs, identifying areas that require intervention. By leveraging AI technology in this way, Microsoft is demonstrating the potential for tech to play a crucial role in environmental conservation efforts.##"Amazon introduces new AI-powered wearable health tracker" Amazon has announced the launch of a new AI-powered wearable health tracker called Halo View. This device utilizes artificial intelligence to provide users with insights into their overall health and well-being, monitoring key metrics such as activity levels, sleep patterns, and even emotional state. With the introduction of Halo View, Amazon is further solidifying its presence in the wearable tech market.##"AI system predicts risk of heart disease with high accuracy" Researchers have developed an AI system that can predict an individual's risk of developing heart disease with remarkable accuracy. By analyzing a combination of health data and genetic information, the system is able to identify individuals who may be at higher risk for heart disease. This breakthrough highlights the potential for AI to revolutionize preventative healthcare practices.##"Facebook's new AI tool detects deepfake videos with unprecedented accuracy" Facebook has unveiled a new AI tool designed to detect deepfake videos with unprecedented accuracy. The tool uses machine learning algorithms to analyze subtle cues within videos, helping to identify manipulated content. By leveraging AI technology in this way, Facebook is taking proactive steps to combat the spread of misinformation online.##In conclusion, these recent developments highlight the vast potential of artificial intelligence to drive positive change across various sectors. From improving accessibility for individuals with speech impairments to aiding in environmental conservation efforts, AI continues to showcase its versatility and impact on society. As advancements in AI technology continue to evolve, we can expect even more innovative solutions to emerge in the near future. Thank you for tuning in to OWITH.ai.

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    3 m
  • Essential Insights in AI & Tech: OWITH.ai Podcast Update

    Essential Insights in AI & Tech: OWITH.ai Podcast Update
    Jul 22 2024
    Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.The recent data outage involving Microsoft and CrowdStrike has shed light on the urgent need for the world to enhance software reliability and methodology. The current state of software may not be adequately prepared for advanced AI systems, emphasizing the necessity of investing in better engineering techniques and avoiding rushed implementations of technologies like chatbots. There is a call to avoid relying on black box AI and generative AI for code writing, urging a serious commitment to software robustness in the tech industry. Concerns are raised about the lack of regulation in the AI sector, with criticism aimed at tech leaders and investors supporting candidates unlikely to regulate software. A more thoughtful and regulated approach to developing and implementing software technologies is called for.Shifting focus to the competitive landscape of venture capital, dynamics between general partners (GPs) and limited partners (LPs) are analyzed. LPs play a crucial role in funding venture capital firms, with skepticism surrounding VC "platforms" and the increasing number of VCs due to a surge in capital. Family offices offer convenient capital, but larger investments require more scrutiny. Open communication among VCs and LPs is highlighted as vital to addressing challenges such as overcapitalization, competition, lack of diversity, and uncertainty. Recent venture deals, private equity transactions, IPOs, new hires, and promotions in the finance and investment industry are also noted.JetBlue founder David Neeleman's career trajectory is explored, focusing on his differentiation strategy through superior service. Neeleman's latest venture, Breeze Airways, aims to challenge larger carriers in the U.S. by focusing on smaller cities with limited competition. The text also touches on China's recent economic meeting, Netflix's subscriber growth, and workplace trends like the decline of "summer Fridays." Additional news updates from various business sectors are provided.Germany-based startup Deepl has released a new AI translation model based on Large Language Model (LLM) technology tailored for translation purposes. Competition from tech giants is acknowledged, but Deepl believes its model offers superior quality translations as validated by blind tests against Google Translate and others. In other AI news, updates include the FTC investigating Amazon's deal with AI startup Adept, Meta withholding multimodal AI models in the EU due to regulatory concerns, and Anthropi partnering with Menlo Ventures to launch a venture fund for AI startups. OpenAI has introduced a cost-effective GPT-4o mini model that surpasses other miniaturized AI models.Semiconductor shares experienced fluctuations due to geopolitical tensions between the U.S. and China regarding chip exports. Companies like ASML and Tokyo Electron initially saw their shares drop but saw slight recovery after TSMC boosted its revenue forecast on strong demand for AI chips. Other tech sector news includes Meta pausing AI rollout in Brazil due to data exploitation concerns, Samsung acquiring a British AI firm, and a new $1 billion AI startup founded by Fei-Fei Li.Gen Z is characterized by valuing authenticity, lifestyle, and vibes over pay and prestige, prioritizing well-being and genuine connections. Recent acquisitions, investments across various industries, funds raised by companies like CCMP Growth Advisors for North American consumer and industrial sectors are highlighted.The annual Brainstorm Tech Summit discussed artificial intelligence benefits, regulation challenges slowing innovation, political impact on tech industry dynamics, along with news stori

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    5 m
  • 2024-07-20 Saturday Special

    2024-07-20 Saturday Special
    Jul 20 2024
    Each Saturday we take the headlines of daily podcast and ask ChatGPT to create a Sci-Fi story inspired by the news. The outcome for this week is this short story.

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    5 m
  • Insights on AI, Tech, and Women's Health: A Recap of Recent Developments

    Insights on AI, Tech, and Women's Health: A Recap of Recent Developments
    Jun 3 2024
    Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world. Reflecting on 26 months of ridicule and failure in the deep learning world, Gary Marcus maintains that reliability remains a challenge in AI development. Despite criticisms and warnings dating back to 2001, the alignment problem and other issues persist. OpenAI's partnerships with major tech companies, including Apple, raise questions about potential conflicts of interest. Despite concerns, it is believed that Microsoft's AI ambitions will not be threatened by this partnership.Investment in women's health is growing, with successful startups leading the way. Despite progress, gender disparities in funding and treatment still exist, highlighting the need for continued investment in women's health. Alphabet's Waymo is leading the self-driving car race due to its cautious approach, potentially licensing its technology to traditional automakers without resources.Attacks on Helen Toner's credibility raise concerns about transparency within OpenAI. Consensus 2024 showcased optimism in the crypto industry, hinting at growth and innovation ahead. Pinterest, MTV, and Showtime are teaming up to support cultural approaches to mental health care for young people, addressing barriers in minority communities.Barry McCarthy's resignation from Peloton highlights the challenges of CEO succession calls. XAI's Series B funding shapes the future of large language models and generative AI. Toner's revelations about Sam Altman raise questions about transparency and accountability in powerful organizations. Thank you for tuning in to OWITH.ai, stay informed and stay ahead in the world of AI and tech.

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    2 m
  • AI and Tech Updates: Meta's Privacy Plan Rejected, SEC Crypto Regulation, Startup Funding Debates, and AI Index Report Insights

    AI and Tech Updates: Meta's Privacy Plan Rejected, SEC Crypto Regulation, Startup Funding Debates, and AI Index Report Insights
    Apr 18 2024
    Good morning from OWITH.ai: the podcast that gives you only what's important to hear in AI and tech world.Meta's plan to charge European users for the privilege of not being tracked for ad-targeting purposes has been rejected by the European Data Protection Board (EDPB). The EDPB stated that offering users a binary choice between consenting to tracking or paying a fee is not valid consent. Privacy advocates argued that this model does not provide users with a real choice. However, in other European regulatory news, Apple's latest beta version of iOS now allows EU iPhone users to download apps directly from developers' websites, bypassing the App Store. Additionally, TikTok is under scrutiny for launching a new app without conducting a required risk assessment on its impact on young people's mental health.Former SEC crypto litigation unit chief, Ladan Stewart, recently spoke on a panel alongside outspoken blockchain lawyers. Despite leaving the SEC after leading the agency's lawsuit against Coinbase, Stewart defended the SEC's controversial approach to regulating the blockchain sector. She emphasized that the recent ruling in favor of the SEC in the Coinbase case would encourage the agency to continue bringing regulatory cases in the crypto space. The panel also delved into the question of whether tokens themselves are securities or if it is the sale that creates an investment contract. Overall, Stewart's remarks reflected a commitment to continued regulatory enforcement by the SEC in the crypto space.The role of junior VC associates in the startup funding process is up for debate, with a discussion on whether founders should spend time meeting with them. Recent venture deals include companies such as Rivos, Upstage, GridBeyond, Kontakt.io securing significant funding rounds. In terms of IPOs, Rubrik and Ibotta plan to raise significant amounts on the New York Stock Exchange. Various funds and funds of funds such as Evolution Equity Partners have raised substantial amounts for investment. Overall, there have been various acquisitions, IPOs, fund raises, and personnel changes in the financial sector recently.At the Fortune Brainstorm AI event in London, discussions were mostly optimistic about how technology will improve businesses and lives. However, there was concern about the impact of AI on elections and democracy due to its potential to spread misinformation and deepen existing divides in society. United Airlines reported a quarterly loss due to grounding Boeing 737 Max 9 planes. Deloitte's 2024 Digital Media Trends report advises media and entertainment companies to adapt to the convergence of streaming, social media, and gaming. Other news includes JPMorgan CEO Jamie Dimon's criticism of shareholder meetings and concerns about AI advancements in North American banks.The AI Index Report for 2024 covers various aspects of AI advancement, including research and development, technical performance, ethics, economy, education, policy, governance, diversity, and public opinion. Key highlights include rapid progress in generative AI investment and increased release of large language models worldwide. Despite advancements in generative AI and other technical areas, public sentiment towards AI is becoming more negative due to concerns about transparency, privacy, and responsible AI benchmarks. The report also discusses the impact of AI on productivity, job trends, and rising fear surrounding generative AI technologies.

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    3 m