A key form of financing that startups rely on is shrinking, hurting new companies that are already starved for capital. The volume of venture debt, a type of loan that younger companies line up to help pay the bills, plunged to $3.5 billion in the US in the first quarter, Read more…
While General Motors has announced that it plans to phase out CarPlay in its EVs starting in 2024, Ford has just doubled down on long-term CarPlay compatibility. In an interview with The Wall Street Journal, Ford CEO Jim Farley laid it bare: “In terms of content, we kind of lost Read more…
Google’s latest Photos trick is a feature it’s calling Magic Editor, which uses generative AI to let you make major edits to a photo without professional tools. Google shared a couple examples of Magic Editor in action that are both pretty cool. In one, a photo of a person in Read more…
The first UK baby created with DNA from three people has been born after doctors performed a groundbreaking IVF procedure that aims to prevent children from inheriting incurable diseases. The technique, known as mitochondrial donation treatment (MDT), uses tissue from the eggs of healthy female donors to create IVF embryos Read more…
A team of researchers at the Italian Institute of Technology (IIT) in Milan recently created a fully rechargeable battery using nontoxic edible components. This is probably the world’s first battery that is safe to ingest and entirely made of food-grade materials. “Given the level of safety of these batteries, they Read more…
Spotify has removed tens of thousands of songs from artificial intelligence music start-up Boomy, ramping up policing of its platform amid complaints of fraud and clutter across streaming services. In recent months the music industry has been confronting the rise of AI-generated songs and, more broadly, the growing number of Read more…
Inside a lab, scientists marvel at a strange state that forms when they cool down atoms to nearly absolute zero. Outside their window, trees gather sunlight and turn them into new leaves. The two seem unrelated — but a new study from the University of Chicago suggests that these processes Read more…