7h ago · curated by Catalyst Web Trendz
The cautionary Theranos tale takes on a new significance in the AI era, when companies that have never turned a profit are raising capital at trillion-dollar valuations.
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As an increasing number of AI assistants flood the market, the founder of Ollie, an assistant that respected its users' privacy, says it will be shutting down in a week.
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Intel is being hurt by PC sales as the AI industry gobbles memory and other components causing PC prices to rise.
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Blackstone's forecast is just a prediction, but naturally, a high junk rating would make it more difficult and costlier for Anthropic to raise the money to keep funding…
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