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Monthly Archives: June, 2023

Lucid to lay off 1.300 employees in its restructuring

Lucid Group, the US automaker that produces the luxury all-electric Air sedan, is cutting its workforce by 18% as part of a restructuring, the company has revealed in a regulatory statement.

OpenAI introduces new generative text features and lowers prices

OpenAI announced the release of new versions of GPT-3.5-turbo and GPT-4, the latter being its latest text generation AI, with a capability called call function. As OpenAI explains in a blog post, function calling allows developers to describe programming functions for GPT-3.5-turbo and GPT-4 and have models create code to execute those functions.

Microsoft unleashes generative AI in cybersecurity

As part of its ongoing quest to inject generative AI into all of its products, Microsoft has introduced Security Copilot, a new tool that aims to "summarize" and "make sense of" threat intelligence.

Asana launches new AI-powered workplace intelligence tools on the way

Asana, which is based on a work graph, has that insight, and the company has announced a new set of dashboards to give managers the data they need to ensure projects stay on budget and on target.

Neubility plans to deploy 400 delivery and security robots by the end of the year

Last-mile robotics startup Neubility, which makes autonomous delivery robots that work without lidar, says it plans to increase its fleet to 400 by the end of this year, up from the 50 it currently has on the road.

Cabify says it has raised 110 million dollars

It's 2023 and years have passed since the monster fundraising peak for on-demand transportation and delivery startups locked in highly competitive races against one another to dominate urban consumer mobility.

The robots are already here.

In a post published last week, Meta asks, "Where are the robots?" The answer is simple. They're here. You just have to know where to look. Leaving talk about cars and driver assistance aside and concentrating on things we all tend to agree are robots.

The slowdown in numbers

It is more than a feeling. According to new data from research firm Pitchbook and the National Venture Capital Association, venture firms are raising and deploying far less money than in recent years.

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