AI heats up Olympics

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Aug 9, 2024, 12:06:24 PM8/9/24
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This year’s unicorns are AI-powered, experts see a ‘trough’ in tech hiring, AI’s heat enough to power Olympics, New York startup up-levels wage workers, the world’s first AI sound processing chip, and 5 trending tech companies hiring this week.

Quick Hits

AI frenemies: Microsoft vs. OpenAI.

Audio boom: ChatGPT grows.

API anxiety: Yelp angers devs.

Br-ai-nstorm: YouTube adds Gemini.

Chat, later: OpenAI exec defects.

Coffee spies: China probes data spills.

Fallen stars: Techstars lays off 17%.

Free games: Roku streams sports.

Groq grows: Chip maker amasses $1B.

Hungry Llama: Meta needs 10x power.

India invests: VCs launch $250M fund.

Jakarta rocks: Builds EV anode plant.

‘Quasi-merger’: Brits eye Amazon-Anthropic.

Reward withdrawal: TikTok ends Lite.

Scrape scrap: YouTuber sues OpenAI.

Space tourism: Saudi Arabia plans test flight.

Thank memes: Robinhood soars.

VR venture: Meta deals with India’s Jio.

AI generates unicorns

Most of the 38 startups that reached “unicorn” status so far this year have some sort of AI play. There’s plenty of cybersecurity, healthtech, and fintech, too. Among the mix are humanoid robots, Web3 social media, online drugs, genetic tests, fertility tracking, and a therapist finder.

 

AI heats up Olympics

A French data center converts hot air waste to a heat source for the Olympic Aquatics Center in Paris, adding new currents to debates over AI’s environmental impact.

 

‘We don’t think it’s going to get any worse’

Tech hiring hit a trough, though not an inflection point, says the CEO of a global staffing firm. "We don't think it's going to get any worse” in the U.S., the exec tells Reuters.

 

Hearing AI-d

A Swiss company developed the world’s first real-time AI sound processing chip for its latest hearing aid, using 22M sound samples in training.

 

Up-leveling wage workers New York’s Bandana helped 10k+ hourly workers find jobs with better perks—short commutes and health benefits are popular asks—with an eye on long term job satisfaction and is expanding with fresh funding.

Weekly Pulse

Poll of the week

Recently funded companies

Australia's Graceview Raises $1.5M for Generative AI Compliance

Mumbai-based FINQY Secures $2M for B2B2C

India's Juleo Secures $2.5M for Innovative Online Dating

U.K.'s Phinxt Robotics Raises $2.5M for AI-led Robotics

San Francisco's Skillfully Secures $2.5M for Simulation-Driven Hiring

UAE's stabble Raises $2.5M for Financial Efficiency Protocol

Canada's Perceptive Space Raises $2.8M for Space Weather Predictions

Denver's Growlink Secures $2M for Farm IoT

New Mexico’s Nob Hill Therapeutics Secures $3M for Respiratory Medical Devices

India's EtherealX Raises $5M for Reusable Rockets

Cartridge Secures $7.5M for Onchain Game Development

India's Agrizy Secures $9.8M Series A for Agritech Solutions

Hedra Launches with $10M Seed for AI Video Creation

Post of the week

What we're reading 

  • This Week in AI: OpenAI’s talent retention woes (TechCrunch)
  • AptDeco’s CEO takes our career questionnaire (Fast Company)
  • ‘The Blair Witch Project’ Brings Up a Riddle That Looms 25 Years Later (NYT)
  • Will A.I. Kill Meaningless Jobs? (NYT)

Podcasts of the Week

Debra Squyres: The Power of Feedback (Pozcast)

 

Three Behaviors to Cultivate as a Human-First Leader with Paul Wolfe (HR Superstars)

 

How to Foster a Growth Mindset in Your Team (Leadership Insights)

✓ Startups hiring now

ValsAI

Benchmarking LLMs on Enterprise-Specific Tasks.
4 open roles

Dandy

The digital dental lab of the future.

31 open roles

 

Cohere Health
Simplifying Healthcare for Patients and Doctors

22 open roles

Help us spread the word: we'll pay you $200 for every friend you get hired through Wellfound!

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