Adept, a startup developing AI-powered “agents” to complete various software-based tasks, has agreed to license its tech to Amazon as the startup’s co-founders and portions of its team […]
Following raft of consumer complaints, Shein and Temu face early EU scrutiny of DSA compliance
Ultra low cost ecommerce giants Shein and Temu have only recently been confirmed as subject to centralized enforcement of the strictest layer of the European Union’s digital services […]
Amazon hit with fresh class action-style suit in UK — $3.4BN in competition damages sought for 200,000+ sellers
Amazon is facing another competition lawsuit in the UK. The latest claim, which was filed Thursday, is seeking more than £2.7BN in damages — or around $3.4BN at […]
OpenAI buys Rockset to bolster its enterprise AI
OpenAI has acquired a company, Rocket, building tools to drive real-time search and data analytics. In a post on its official blog, OpenAI said that it would integrate […]
Squarespace sells restaurant reservation system Tock to American Express for $400M
Website building platform Squarespace is selling Tock, its restaurant reservation service, to American Express in a deal worth $400 million — the exact figure that Squarespace paid for […]
When foes become friends: Capital One partners with fintech giants Stripe, Adyen to prevent fraud
The tension between incumbents and fintechs has existed for decades. But every once in a while, the two groups decide to put their competition aside and work together. […]
Temu accused of breaching EU’s DSA in bundle of consumer complaints
Consumer protection groups around the European Union have filed coordinated complaints against Temu, accusing the Chinese-owned ultra low-cost e-commerce platform of a raft of breaches related to the […]
The top AI announcements from Google I/O
Google’s going all-in on AI — and it wants you to know it. During the company’s keynote at its I/O developer conference on Tuesday, Google mentioned “AI” more […]
LanceDB, which counts Midjourney as a customer, is building databases for multimodal AI
Chang She, previously the VP of engineering at Tubi and a Cloudera veteran, has years of experience building data tooling and infrastructure. But when She began working in […]