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Tech News

  • Posted on September 27, 2023

Qualcomm launches its next-gen chips for XR and AR platforms

Right in time for the launch of Meta’s Quest 3 VR goggles, Qualcomm today announced its newest chips for XR and AR platforms: the Snapdragon XR2 Gen 2 for VR and mixed reality devices and the AR1 Gen 1, specifically

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  • Posted on September 27, 2023

Meta Connect 2023: Everything announced so far

Meta’s annual Connect conference started today, and this means lots of new hardware and perhaps a Metaverse sighting.

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  • Posted on September 27, 2023

Generative AI stickers are coming to Meta’s apps

At its Meta Connect event today, CEO Mark Zuckerberg announced that generative AI stickers would be coming to Meta’s messaging apps. The feature, which is powered by its new foundational model for image generation,

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  • Posted on September 27, 2023

Warner Music CEO Robert Kyncl says AI to impact the music industry within the next year

Warner Music CEO Robert Kyncl believes AI will be significantly impacting the music industry within the next year. Speaking at the Code Conference this week, the industry exec said the industry should soon expect

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  • Posted on September 27, 2023

Don’t forget to jargon-check your AI

Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we sit down with a guest, talk about

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  • Posted on September 27, 2023

Ask Sophie: How would a government shutdown affect the H-1B visa process?

Many federal agencies that deal with visa and green card processes are still trying to make their way through backlogs from the pandemic.

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  • Posted on September 27, 2023

Industry Ventures, with stakes in more than 600 venture firms, just raised $1.7B to snap up more stakes — and companies

Industry Ventures prides itself on trying to zig when others zag. When the outfit was first founded in San Francisco in 2000, the startup market was red hot, and its first product — a secondary fund — was a

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  • Posted on September 27, 2023

Lucid opens EV factory in Saudi Arabia, home of its largest shareholder

Luxury EV maker Lucid Group has opened its first international factory in Saudi Arabia, the home of its largest shareholder. The factory, located in Jeddah, will have initial capacity to assemble 5,000 Lucid

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  • Posted on September 27, 2023

Ex-Microsoft exec Panos Panay will head Amazon’s Devices business

Microsoft alum Panos Panay has been tapped to lead Amazon’s Devices & Services (D&S) business, the e-commerce giant confirmed today. Panay was previously with Microsoft for over 19 years, most recently

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  • Posted on September 27, 2023

All venture funds use the ‘2 and 20’ fee structure, right? Not really

Typically, a VC fund’s management fee is 2% of AUM, but new data from Carta shows that the 2% figure isn’t as universal as you might think.

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