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Google is replacing its nearly decade-old Google Assistant with a chatbot that is smarter and more intuitive, powered by the company’s most advanced artificial intelligence model, Gemini.
Gemini for Home will replace Google Assistant for home devices, with early access beginning in October, wrote Anish Kattukaran, chief product officer at Google Home and Nest, in a Wednesday (Aug. 20)...
Fashion rental company Rent the Runway has announced a recapitalization plan that will convert $243 million of its debt into common equity in the company, add $20 million to its balance sheet and extend the maturity of its outstanding debt balance of $120 million to 2029.
In this plan, Aranda Principal Strategies (APS) will convert a portion of its original debt investment into common...
Some Chipotle customers will soon get to choose between meals delivered by land or air.
The Mexican fast casual restaurant announced Thursday (Aug. 21) that it was teaming with autonomous delivery company Zipline to fly customers’ digital orders to locations in the greater Dallas area.
A small number of Zipline users now have access to the program the companies are calling “Zipotle,”...
Money movement is, ultimately, all about counterparties.
This simple fact has long frustrated the crypto community, particularly as it relates to its upstream implications around know-your-customer (KYC) and anti-money-laundering (AML) checks.
Cryptocurrency, after all, was created to remove the need for intermediaries. But with stablecoins being hailed as the killer application of...
If you’ve been planning to buy Sony’s PlayStation 5, expect to pay a bit more.
“Similar to many global businesses, we continue to navigate a challenging economic environment,” the tech company wrote in a company blog post Wednesday (Aug. 20). “As a result, we’ve made the difficult decision to increase the recommended retail price for PlayStation 5 consoles in the U.S. starting on Aug....
Tech companies are reportedly continuing to press the White House and Congress to pass legislation that would block states from regulating artificial intelligence.
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After an attempt to attach a 10-year ban to President Donald Trump’s tax legislation failed in June, industry lobbyists aim to attach it to future legislation, Bloomberg reported Thursday (Aug. 21).
In July,...
DeepSeek said its new artificial intelligence model released this week surpasses its flagship R1 tool in some ways.
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The launch of the V3.1 helps keep the Chinese company in the AI game as it prepares its latest iteration of its flagship model, Bloomberg reported Thursday (Aug. 21).
V3.1 returns answers to queries faster and is the first step to creating an AI agent, the...
A growing number of American companies plan to slow hiring in the latter half of this year.
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Twenty percent of employers say they’ll bring on fewer workers this year, The Wall Street Journal reported Thursday (Aug. 21), citing data from The Conference Board. That figure is almost twice the rate of companies that planned to slow hiring at this point in 2024.
According to...
Meta has reportedly paused hiring for artificial intelligence (AI) professionals following a massive recruitment drive.
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The freeze went into effect last week and is happening amid a wider restructuring of the AI division, the Wall Street Journal (WSJ) reported late Wednesday (Aug. 20), citing sources familiar with the matter. The length of the freeze was not clear, the...
They’re not just digital natives, they’re digital pragmatists. Gen Z has quietly rewritten how Americans shop, save, spend, hustle and heal, and the rest of the market is already catching up. “The Gen Z Decoder Ring,” from PYMNTS Intelligence, draws on 25,000+ consumer responses to decode the behaviors that make this generation of consumers look “different” and why those behaviors are the...