Anthropic Makes OpenAI Look CheapRead more

Briefing
startups e-commerce enterprise

Stripe Recruits General Motors CFO

By
Kate Clark
· · Source: The Information

Payments company Stripe has hired a key executive from automobile giant GM ahead of a possible 2021 initial public offering. Dhivya Suryadevara, GM’s chief financial officer since 2018, is joining the San Francisco-based tech company as CFO, both companies announced this morning. News of the hire comes amid a pandemic that’s accelerated Stripe’s business and boosted its valuation to $36...

Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
 
The Electric electric vehicles
Exclusive from The Electric: GM’s New CTO Exits After One Month In the Job
By Steve LeVine · Oct. 4, 2023 12:15 PM PDT
Golan. Photo: Courtesy Gil Golan
General Motors’ chief technology officer, Gil Golan, is leaving the job after one month, according to an internal company memo distributed today, parts of which were seen by The Electric. Golan’s departure, effective Nov. 1, comes one week after a profile in The Electric in which he described a plan to aggressively expand the company’s work in batteries, create a “dream team” of battery...
Latest Briefs
 
Google Critic Luther Lowe Joins Y Combinator
By Laura Mandaro · Oct. 3, 2023
Anthropic Seeks $2 Billion in New Funding
By Anissa Gardizy · Oct. 3, 2023
Amazon Used ‘Nessie’ Algorithm to Raise Prices
By Theo Wayt · Oct. 3, 2023
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.
Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.
From left: Paul Graham, Garry Tan and Michael Seibel. Photos by Getty. Art by Mike Sullivan.
Exclusive startups ai
Y Combinator’s Garry Tan Goes to the Mat
By Kate Clark
Garry Tan was in his happy place. Surrounded by food trucks and techies basking in San Francisco’s September sun, the CEO of Y Combinator snapped selfies with entrepreneurs as he meandered through a crowd of 2,700 attendees at the startup accelerator’s annual alumni event.
Dave Rogenmoser, cofounder of Jasper. Photo via Getty.
Exclusive startups ai
Jasper, an Early Generative AI Winner, Cuts Internal Valuation as Growth Slows
By Natasha Mascarenhas and Stephanie Palazzolo
Jasper AI, an early darling of the generative artificial intelligence boom, has cut the internal value of its common shares 20%, according to former employees who were notified by the company.
Dave Rogenmoser, co-founder of Jasper. Photo by Bloomberg via Getty.
AI Agenda ai
AI Startups Are Facing a Reckoning
By Stephanie Palazzolo
A reckoning may be coming for once-hot artificial intelligence startups. Among the most vulnerable: consumer apps (think Character.AI) and “thin wrapper” startups like CopyAI that merely provide a nice user interface on top of a third-party model from model developers like OpenAI.
Nvidia CEO Jensen Huang. Photo by Getty
Exclusive semiconductors ai
Nvidia Deepens Push Into AWS’ Turf
By Anissa Gardizy
Nvidia’s ambition to compete with Amazon Web Services is growing. Nvidia is best known for designing server chips for artificial intelligence, but it has been running a nascent cloud service for corporate customers that develop AI with those chips.
Sam Altman and Mark Zuckerberg. Photos via Shutterstock and AP.
Meta, OpenAI Square Off Over Open Source AI
By Jon Victor
Artificial intelligence leaders and policymakers are divided on a key question: Are cutting-edge AI models too powerful to hand to just anyone?
Art by Mike Sullivan.
Exclusive apple asia
How a Hidden Bar Code in iPhone Screens Saved Apple Hundreds of Millions of Dollars
By Wayne Ma
Next time you try to wipe a smudge off your iPhone screen, take a closer look. See if you can spot one of the two tiny QR codes etched into its glass.