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As Hype Fades, OpenAI Suddenly Cancels Release of Its Hot Upcoming AI

Futurism

OpenAI Season As the AI industry gets more and more crowded and its hype more diffuse OpenAI CEO Sam Altman has quietly announced that the company won't be releasing its super-advanced new reasoning model as a standalone product.

Hype 131
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It Is What It Is: A fake app hyped on Twitter turned into a fundraiser for racial justice causes

The Verge

The group describes itself as a “diverse, ragtag group of young technologists tired of the status quo tech industry,” which it says is “obsessed with exclusive social apps that regularly ignore — or even silence — real needs faced by marginalized people all over the world, and exclude these folks from the building process.”.

Hype 115
professionals

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Oxbotica raises $47M to deploy its autonomous vehicle software in industrial applications

TechCrunch

While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of autonomous vehicle software has raised some substantial funding to double down on what it sees as a more immediate opportunity: providing technology to industrial companies to build off-road applications.

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5 European companies that are (really) advancing AI

The Next Web

There’s little arguing that artificial intelligence is one of the hottest sectors of the tech industry. From recommending personalized content in your YouTube feed to translating text, diagnosing cancer and driving cars, the number of domains that the AI industry is touching is constantly expanding.

Companies 159
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A decade of fintech failures: 4 innovations that didn’t live up to the hype

TechCrunch

More posts by this contributor Preparing for fintech’s second decade: 4 moves your firm must make now Over the last decade, fintech has evolved from a label for plucky startups into a sustained movement that has disrupted the traditionally stodgy financial services industry.

Hype 103
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10 years of fintech failure: 3 more ideas that failed to live up to the initial hype

TechCrunch

Given the intense interest in the fintech sector, it’s worth examining three more concepts that initially seemed promising, but largely failed to change the financial services industry. These ideas rolled out with hype and momentum, but they ultimately failed to change the way the average person manages their money.

Hype 90
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Polymath Robotics launches plug-and-play autonomy software for any industrial vehicle

TechCrunch

” To make matters more complex, robots used in warehouses, mining, agriculture and other industrial environments have hyper-specific applications that are structured and are often repeated thousands of times. Think of it as SaaS for industrial robotics. Image Credits: Polymath Robotics.

Industry 102