The FinTech Hub
Source: The Verge Aravind Srinivas is battling Google to get his Perplexity AI assistant preinstalled on Android phones. At the same time, the CEO is refocusing his startup on what he predicts will be the next battleground in the AI race: your web browser. Perplexity plans to release its own browser called Comet next month,…
Source: The Verge The government should be scrutinizing Meta’s power. Unfortunately, its legal attack isn’t cutting to the heart of what keeps Meta big. This week, I spent three days in a Washington, DC courtroom watching Mark Zuckerberg testify. He was there defending his company from being broken up by the Federal Trade Commission, which…
Source: The Verge For a while, it looked like President Donald Trump was going to have Big Tech’s back. Now, the tech industry is collateral damage in his global trade war. On Thursday, European Commission President Ursula von der Leyen floated the idea of placing “a levy on the advertising revenues of digital services” if…
Source: The Verge Earlier this week, when it seemed as though TikTok’s fate in the US would actually be decided by April 5th, everyone — from Amazon to the founder of OnlyFans — was coming out of the woodwork to buy it. As it turns out, none of them had a chance. And now, thanks…
Source: The Verge Meta has aggressively pushed to discredit and silence Sarah Wynn-Williams, the author of Careless People, her memoir about working at the company as a policy director. Now, she’s fighting back. Attorneys for Wynn-Williams this week filed an emergency motion seeking to dismiss the gag order that Meta won via an arbitrator. A…
Source: The Verge Anthropic is one of the world’s leading AI model providers, especially in areas like coding. But its AI assistant, Claude, is nowhere near as popular as OpenAI’s ChatGPT. According to chief product officer Mike Krieger, Anthropic doesn’t plan to win the AI race by building a mainstream AI assistant. “I hope Claude…
Source: The Verge The biggest YouTuber in the world is looking beyond videos to build a multibillion-dollar empire. For the last several months, Jimmy Donaldson, aka MrBeast, has been talking with investors about raising $200 million in a funding round that would value his holding company, Beast Industries, at more than $5 billion. An investor…
Source: The Verge “It has been 2 years of the Gemini program and GDM. We have come a long way in that time with many efforts we should feel very proud of. At the same time competition has accelerated immensely and the final race to AGI is afoot. I think we have all the ingredients…
Source: The Verge Just a few weeks after everyone freaked out about DeepSeek, Elon Musk’s Grok-3 has again shaken up the fast-moving AI race. The new model is ending the week at the top of the Chatbot Arena leaderboard, while the Grok iOS app is at the top of the App Store, just above ChatGPT….
Source: The Verge During a Q&A with employees earlier this week, one of Meta’s top executives gave an ominous warning. After lamenting “a tremendous number of leaks” from inside the company, CTO Andrew Bosworth said that, while he didn’t want to “ruin the surprises,” the company was “making progress on catching people.” Since Mark Zuckerberg’s…
