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Tuesday, August 15, 2023

Tesla’s latest Model S and Model X price drops deliver smiles (but fewer miles)

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By Christine Hall

Tuesday, August 15, 2023

In today's top story, Tesla has a new, lower-priced option for commuters who don't need as much range. Check it out. And Tesla is doing some explaining in China to reassure the government about its data security amid spying concerns.

Meanwhile, for those of you out making memories, Google wants to make sure they are shown to you in an extra special way: Google Photos added a scrapbook-like Memories view feature aided by AI. See how it works.

And unfortunately for venture capital associates, artificial intelligence is coming for your jobs. Here’s how.

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Image Credits: seksan Mongkhonkhamsao / Getty Images

More top reads

Oh, hello there: Our world is getting increasingly full of conversation with our devices. Enter Voiceflow, a platform for building those conversational AI experiences. See how it will put $15 million to work.

Extraction: No need to create custom code to get at your website data — Browse AI helps companies build bots to scrape all of that website data and put it to work. Read more.

Beep beep: Zeelo, a "smart bus" startup for employers and schools, secured $14 million and has plans to scale in the U.S. Get on board.

The search is on: Google's AI search experience adds AI-powered summaries, definitions and coding improvements. Read on.

Don't let your friends slip away: Time moves pretty quickly. One day you were hanging out with your friends, the next it's been a month. Meet Catchup, an app for reminding yourself to check in with friends and loved ones. It's time to say "hello."

Through the storm: We live our lives on the internet, so losing power and internet puts a crimp in our ability to stream. Comcast comes to the rescue with a new Wi-Fi extender that provides cellular and battery backup during storms. Prepare yourselves.

Shining a light on foreign exchange: Finofo secured funding to challenge traditional foreign exchange with an automated solution. Read more.

Guess who's hacking your email?: One U.S. lawmaker says that the FBI notified him of an email breach linked to the Microsoft cloud hack. This is his story.

Streaming everything everywhere all at once: It's official — linear TV viewing sinks below 50% as streaming soars to new heights. See which services top the list.

Merge ahead: ElectraMeccanica plans to merge with electric truck startup Tevva. Find out why this is a pivot for ElectraMeccanica.

Content conundrum: YouTube is doing some new things, including cracking down on videos promoting "ineffective" cancer treatments, and adding a TikTok-style "Samples" short-form video feed.

More for your Tuesday:

Setapp announces plans to launch an alt app store for EU users

How Pilea helps founders break down stigma around mental health (TC+)

The pre-seed market is recovering, but investors increasingly have the upper hand (TC+)

Substack expands further into social networking with a new 'Follow' button

Worldcoin ignored initial order to stop iris scans in Kenya, records show

More top reads image

Image Credits: Carol Yepes / Getty Images

NVIDIA Partner introduces Supercomputers as a New Asset Class

Sponsored by NexGen Cloud, NVIDIA Elite Partner

In the first offering of its kind, IaaS provider NexGen Cloud is giving investors the opportunity to purchase its cloud servers, purpose built to power AI workloads. Targeting 30-50% annualized returns on this income-producing hands-off asset.

Download Free Guide

Sure, AI is hot, but is it an actual market or a platform piece?

Given the hype around generative AI, it’s easy to forget that IBM Watson competed on “Jeopardy” in 2011 — and won a $1 million first-place prize.

For years, enterprise software companies have baked this tech into many of their offerings, such as Salesforce’s Einstein and Microsoft Cortana.

“As we find ourselves in the midst of this AI-induced frenzy, it could be useful to take a step back and see just what we are dealing with here,” writes Ron Miller.

“Is there actually an AI market in the pure sense, or is it enabling technology that will soon be built into everything, making how we view it less clear?”

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription.

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Sure, AI is hot, but is it an actual market or a platform piece? image

Image Credits: Surasak Suwanmake / Getty Images

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