Tech

A staggering 95% of generative AI pilots at companies are failing, according to a recent report published by MIT’s NANDA initiative. But rather than giving up on the technology altogether, the most advanced organizations are experimenting with agentic AI systems that can learn and be supervised. That’s where Maisa AI …

While digitization has transformed banking for Indian consumers, corporate banking has been left in the slow lane — still relying heavily on clunky infrastructure, paper trails, and spreadsheet-heavy workflows. TransBnk wants to address that gap, and Bessemer Venture Partners has invested in the three-year-old startup in a $25 million round …

If there’s one thing McDonald’s has done for the world, it’s made starting a burger restaurant relatively straightforward. Franchisees buy into the system, and in return they get equipment, marketing, and even an operating manual. Terraton wants to bring that same model to biochar, a technology that turns agricultural waste …

Nvidia, the world’s most valuable company, reported another quarter of sustained sales growth in its earnings statement Wednesday, with $46.7 billion in revenue, a 56% increase compared to the same period last year. That growth was largely fueled by AI-dominated data center business, which saw a 56% year-over-year increase in revenue. …

Google is rolling out a new device protection program called Pixel Care+, the tech giant announced on Wednesday. Pixel Care+ will replace Google Preferred Care and Fi Device Protection in the U.S., and current monthly subscribers will be transitioned to the new program in the coming months. Google said in …

When Max Keenan joined Y Combinator’s summer 2022 batch, he was working on Aurelian, a company that automated appointment bookings for hair salons. But less than a year later, a conversation with one of his clients led him to a far more significant problem. A nearby school’s carpool line was …

A Chinese-backed hacking campaign that previously hacked into nine U.S. telecommunication and internet providers is now confirmed to have hacked at least 200 American companies, according to the FBI’s top cyber chief. FBI Assistant Director Brett Leatherman told The Washington Post that the hackers, dubbed Salt Typhoon, also broke into …

WhatsApp is launching a new AI feature that allows users to rephrase, proofread, or adjust the tone of their messages, the Meta-owned company announced on Wednesday. The new feature, called “Writing Help,” uses Meta’s Private Processing technology, which allows users to receive AI-generated responses without Meta or WhatsApp reading the …

SpaceX has long marketed Starship as a fully and rapidly reusable rocket that’s designed to deliver thousands of pounds of cargo to Mars and make life multiplanetary. But reusability at scale means a space vehicle that can tolerate mishaps and faults, so that a single failure doesn’t spell a mission-ending …

ChatGPT rivals like Google’s Gemini, xAI’s Grok, and, to a lesser extent, Meta AI, are closing the gap to ChatGPT, OpenAI’s popular AI chatbot, according to a new report focused on the consumer AI landscape from venture firm Andressen Horowitz. The report, in its fifth iteration, showcases two and a …