Hinge CEO Justin McLeod is stepping down from his role to launch a new AI dating product called Overtone. Match Group, the dating giant that owns apps like Hinge, Tinder, and OkCupid, is backing Overtone with pre-seed financing and plans to take a “substantial ownership position,” according to a press release. With Match’s support, Overtone…
Tiger Global, the investor that spurred the VC bull market of 2020-2021, is reportedly raising a fresh $2.2 billion fund. The firm sent a letter to potential limited partners, according to a copy obtained by CNBC, seeking to raise the cash for a vehicle called Private Investment Partners 17 (PIP 17). The letter also promises…
Mike Winkelmann, the digital artist known as Beeple, has placed himself at the center of the pack — literally — with his latest viral installation at Art Basel Miami Beach, and there’s still time to see it through Sunday. His “Regular Animals” project features $100,000 robotic dogs outfitted with hyper-realistic heads resembling Elon Musk, Mark…
Antonio Forenza was working as head of research and development at Rakuten Symphony, a telecom subsidiary of the Japanese conglomerate, when he realized that he needed to find a better way to manage his stress levels. A few years earlier, he had lost 40 pounds with the help of an Apple Watch, which counted steps…
According to the Wall Street Journal, SpaceX is launching a secondary share sale that would value Elon Musk’s rocket maker at $800 billion — double its recent $400 billion valuation and surpassing OpenAI to claim the title of America’s most valuable private company. SpaceX has not responded to a request for comment; the WSJ not…
Limitless, the AI startup formerly known as Rewind, has been acquired by Meta, the company announced Friday on its website. The company, which made an AI-powered pendant to record your conversations, says it will no longer sell its hardware devices and will maintain support for its existing customers for a year. Customers will no longer…
ChatGPT’s growth is starting to taper off, according to new data from market intelligence firm Sensor Tower. Today, the OpenAI-owned AI chatbot remains the leader in the space, accounting for 50% of global downloads on mobile devices and 55% of the global monthly active users. However, Google’s Gemini has begun to outpace ChatGPT in terms…
If Amazon Web Services’ annual re:Invent tech conference proves anything, it’s that the cloud infrastructure player is going all in on AI. AWS made dozens of announcements, from new AI agents and updated large language models, to products with LLM and agent-building capabilities. AI for enterprise was everywhere. But are its customers just as eager?…
As a technology, eSIM has been around for a decade now. However, global eSIM adoption was around 3% last year and will only cross 5% this year. Despite these figures, analysts, eSIM-providing startups, and investors are bullish about eSIM’s upward trajectory, largely thanks to travel. Device compatibility One of the key factors for that is…