Tuesday, October 24, 2023

This startup believes big AI models like GPT-4 aren’t for everyone

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By Christine Hall

Monday, October 23, 2023

In today's top story, we meet ZenML, a company that wants to be the connector between all of the open source AI tools. In fact, while tech companies play with OpenAI's API, the startup believes small, in-house AI models will win. Get the scoop.

Meanwhile, speaking of AI, we spotted some recent job listings on Apple's website that provide some proof that the consumer tech giant has plans to infuse multiple products with AI capabilities. See what those areas are.

And a new report says India-based Reliance is in the process of making a deal to acquire Disney's India business. Learn what this could mean for the company.

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Image Credits: Sultan Mahmood Mukut / EyeEm / Getty Images

More top reads

Sometimes it’s just best to let someone else choose: For those times when you want to put your friends in the driver's seat of your dating life, Tinder's got you covered with a new feature. Let your friends play matchmaker.

We'd all appreciate a shopping spree like this: After reaching a $43 billion valuation, Databricks decided to flex its muscle and acquire data replication startup Arcion for $100 million. Here's why it makes sense.

Home sweet home: Buying and selling a home is complex, especially in regions of the world where listings don't really exist. Meet Nomad Homes, which is now catering to real estate agents following a $20 million capital infusion. Read more.

If you're following Web Summit: There are two new developments to this story: Web Summit confirms its Lisbon and Qatar events are still on, and ex-CEO Paddy Cosgrave has 80% ownership of the business. Get the scoop. If you're not sure what's going on, start here.

Watch money go into the clouds: Ternary's CEO says "cloud spend is out of control," and his company, which just raised $12 million, will help you rein it in. Read more.

Financial planning for all: Fintech startup Finerio secures $6.5 million to create an open finance ecosystem in Latin America. See what it’s doing for financial inclusion.

Tell us how you really feel: Venture debt is probably not a company's first thought; however, when the price of capital became expensive, it became a go-to alternative. Not so fast, some people say. (TC+)

Delivering results: It can be difficult to make the unit economics of last-mile logistics work for delivery companies. "Household restocking" startup The Rounds believes it has that on lock now that it hit this milestone.

Even France is feeling the funding slowdown: After years of explosive growth, the French tech ecosystem is at a turning point. Read about its rough patch.

It didn’t go nuclear: That's right, the development of nuclear power has gone stagnant, which also means it's too late for nuclear to save the climate. (TC+)

Looking for the perfect gift for the traveler in your life?: Check out these 10 editor-tested travel gifts.

More data is needed: Investors are split on whether California's diversity bill will make an impact. Read the arguments for and against. (TC+)

More for your Monday:

TikTok is testing 15-minute uploads with select users

Feds expand Tesla investigation to include vehicle range, personal benefits

What's behind the fresh round of tech layoffs? (TC+)

More top reads image

Image Credits: Tinder

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Image Credits: Rivian

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