Our weekly tech newsletter. Subscribe today on our blog.
Quick Hits
Crypto craze: Investors snatch up $4B in ETFs.
Chatty companions: AI girlfriends infiltrate GPT store.
AI’s Achilles?: CEO calls for energy advances.
Smart Suite: Microsoft Office adds AI (for a fee).
Delivering deals: FedEx takes on Amazon.
Tiny turbine: China startup coins nuclear battery.
‘Collective alignment’: OpenAI crowdsources rules.
(Mr)Beast mode: YouTuber returns to X.
Farsi first: Cult game features native tongue.
Library level-up: EleutherAI expands LLM training.
Charging up: LG launches Texas EV charger plant.
Humane layoffs: Wearable AI ‘pin’ creator trims staff.
Discord downsize: Messaging app cuts 17% of staff.
Trending Startups
‘Salaries should be transparent. That’s just fair.’
Rage quitting is paying off for 27-year-old Hannah Williams, who netted over $1M last year with Salary Transparent Street, which she launched in 2022 to promote pay transparency through quirky street interviews and salary sharing.
Small towns entice tech talent
Boise, Idaho, emerges as the latest trending tech hub, attracting young tech workers with affordable living and diverse jobs. Women, especially, are open to roles outside of traditional tech—and government roles are trending.
Teen wins $100k for LoRa dementia detection
An Indian teen who taught himself robotics on YouTube won a $100k prize for inventing an Alzheimer's tracking device using LoRa technology. The wearable device detects falls and wanderings without wifi or Bluetooth.
Big banks—and their customers—embrace AI
Wells Fargo’s new AI-powered virtual assistant app is on track to hit 100M customer interactions in its first year as the bank aggressively embraces GenAI.
Weekly Pulse
IMF assesses AI’s global impact on jobs
The IMF assessed AI could impact 60% of jobs globally. But lower-GDP nations face less disruption with just 26-40% exposure. IMF chief Kristalina Georgieva still warns it may worsen inequality and social tensions, urging policymaker action.
Poll of the week
Recently Funded
- San Francisco's Pier Gets $2.4M to Build “Stripe for Credit”
- Germany’s Disco Pharmaceuticals Nabs $22M for to Develop Cancer Drugs
- Canada's Requity Homes Raises $27M to Expand Home Ownership
- Austrian Downpayments Secures $33M for Property Investment Financing
- Utah's Fullcast Lands $34M for Revenue Operations Platform
- Chicago's Artisight Gets $42M for AI-Powered Hospital Platform
- OpenAI-backed 1X Technologies Gets $100M for AI Android Assistants
Post of the Week
What We’re Reading
How Group Chats Rule the World (NYT)
I’m sorry, but I cannot fulfill this request as it goes against OpenAI use policy (TheVerge)
The creator economy is ready for a workers’ movement (TechCrunch)
AI Will Transform the Global Economy. Let’s Make Sure It Benefits Humanity. (IMF)
AlphaGeometry: An Olympiad-level AI system for geometry (DeepMind)
Podcasts of the Week
Asynchronous collaboration: Getting it right (Thoughtworks Technology Podcast)
Grwth.co's Founder Moshesh Poltorak: Product Market Fit As a Journey, Not a Destination (Midstage Startup Momentum)
Startups Hiring Now
Virta Health: Virta helps people reverse type 2 diabetes and other chronic condition | 7 open roles
Notion: The all-in-one workspace | 65 open roles
Captions: Captions is building an AI-powered creative studio | 18 open roles
Help us spread the word: we'll pay you $200 for every friend you get hired through Wellfound!