Google's working on an updated version of its medical A.I. that can answer health questions
Google said the second iteration of the technology, Med-PaLM 2, consistently performed at an "expert" level on medical exam questions.
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Uber and Lyft shares rise after California court victory lets them classify drivers as contractors
A California appeals court reversed a lower-court ruling that had found Proposition 22 unconstitutional.
Apple reportedly delaying some employee bonuses as the company cuts costs
The shift is the latest example that Apple is cutting costs and watching corporate expenses closely during a rough patch for the tech industry.
OpenAI announces GPT-4, claims it can beat 90% of humans on the SAT
GPT-4 performed at the 90th percentile on a simulated bar exam, the 93rd percentile on an SAT reading exam, and the 89th percentile on the SAT Math exam, OpenAI claimed.
SVB's new CEO urges clients to 'help us rebuild our deposit base'
Tim Mayopoulos, who was appointed by regulators to run SVB, sent an email to clients on Tuesday telling them the bank is in business and wants their deposits.
Google is bringing A.I. chat to Gmail and Docs
Google has started testing features to create text with artificial intelligence in its Gmail and Google Docs applications.
Google, Meta, Amazon and other tech companies have laid off more than 95,000 employees in the last year
The tech industry has seen a string of layoffs in the face of uncertain economic conditions.
Amazon's drone business can't get off the ground as regulations, weak demand stymie progress
Amazon's drone delivery business has been bleeding cash as it tries to meet regulatory hurdles and incentivizes early customers to submit orders.
SVB fallout unlikely to affect fundraising for Southeast Asia startups, venture capitalists say
Industry experts are optimistic that fundraising for Southeast Asian tech startups will keep flowing and won't be impacted by the collapse of SVB.
Why regulators seized Signature Bank in third-biggest bank failure in U.S. history
The swift move shocked executives of Signature Bank, said board member and former congressman Barney Frank.
What the failures of Signature, SVB and Silvergate mean for the crypto sector
The failure of crypto-focused banks once again showed the vulnerability of stablecoins, which can lose their peg in unusual financial situations.
SVB's tech failings were a problem long before the bank run that led to its demise, critics say
A former Silicon Valley Bank employee and some SVB clients say the firm's inadequate technology created problems long before the run on the bank.
Silver Lake and CPP Investments to acquire Qualtrics for $12.5 billion
Silver Lake and CPP Investments acquire Qualtrics for $12.5 billion
GitLab loses one-third of its value after software company issues weak revenue forecast
GitLab posted 58% revenue growth in the latest quarter, but its guidance for fiscal 2024 missed analysts' estimates.
SVB crisis shows Fed needs to slow down or a 'lot more stuff is going to break,' Altimeter's Gerstner says
Altimeter Capital's Brad Gerstner said that rate hikes need to slow in order to avert an ongoing crisis at regional banks.
Rivian is revisiting its exclusivity agreement with Amazon for EV delivery trucks
Eliminating the exclusivity clause of the agreement would allow Rivian to court new customers as it works to ramp up production and seeks a cash infusion.
ChatGPT and generative AI are booming, but the costs can be extraordinary
It can cost millions of dollars to train and operate generative AI technologies like ChatGPT, which are being subsidized by tech companies and VCs.
Neuralink competitor Science launches new platform to accelerate medical device innovation
The biotechnology startup Science on Monday launched a new platform that aims to make it easier for other companies to develop medical devices.
Founders swarmed SVB’s Bay Area branches looking for answers after bank's historic failure
Silicon Valley Bank's clients went to physical branches on Friday searching for answers as the bank rapidly collapsed.
Silicon Valley Bank signed exclusive banking deals with some clients, leaving them unable to diversify
Silicon Valley Bank required some clients to agree to exclusivity clauses, disabling them from diversifying where they held their money, SEC records show.
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