Global fashion brands grapple with excess inventory. ASOS, for instance, had over £1.2 billion of unsold products in 2022.  Mostly, these brands avoid reselling in core markets like the UK and the U.S. to prevent market cannibalization. Meanwhile, emerging markets like Africa heavily rely on secondhand clothing imports, but 30% to 40% of these items […]

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OpenAI has begun testing a feature that lets new ChatGPT users sign up with only a phone number — no email required. As spotted by software engineer Tibor Blaho, the feature, which is available in beta in the U.S. and India, lets users create an account for ChatGPT, OpenAI’s AI-powered chatbot platform, by providing their […]

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A trove of information on current and former students and teachers was accessed during the December cyberattack, sources say

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For years, Vyas Sekar would call up Muckai Girish, an old friend from undergrad, to talk through potential startup ideas and get Girish’s opinion. The two usually talked through an idea and ended the conversation at that. When Sekar called Girish with an idea involving synthetic data in early 2022, the conversation didn’t just end […]

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Microsoft is launching a pay-as-you-go plan for corporate customers that bundles together several, but not all, of the company’s existing AI-powered productivity features for Microsoft 365. The new plan, Copilot Chat — not to be confused with Microsoft’s Copilot Business Chat or GitHub Copilot Chat — is underpinned by OpenAI’s GPT-4o AI model and lets […]

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If you’ve ever applied or thought of applying for a job via LinkedIn, you’ll know that the experience can be immediately disheartening: Openings that look interesting typically can see hundreds or thousands of applications in a matter of hours — data that LinkedIn, a social network for the world of work, proudly exposes in its […]

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The ransomware attack on Change Healthcare affected over 100 million Americans, the health giant told regulators.

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Hinge today launched a new AI-powered feature called “Prompt Feedback,” which aims to improve your dating profile by analyzing how you answer prompts and assessing if it needs to be more specific or authentic.  Powered by OpenAI’s GPT-4o mini, Prompt Feedback evaluates each response and offers personalized advice tailored to help you share interesting details […]

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Former SoftBank exec Akshay Naheta's startup, Distributed Technologies Research, is trying to bridge the gap between banking and blockchain tech.

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Nikita Bier, creator of popular apps like the anonymous polling app tbh (acquired by Facebook) and the anonymous compliments app Gas (acquired by Discord), has created a new app called Explode, which focuses on disappearing messages on iMessage. Explode works as a mini app for Apple’s Messages app. It helps you send disappearing messages to […]

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As the world continues to work through how to handle the explosion of deepfake content online, it seems that not all AI-created videos are stirring controversy. Synthesia, a London startup building products around highly realistic AI avatar technology, says it’s a big hit with enterprises, with some 60,000 of them — 1 million users — […]

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Nelly wants to become the biggest fintech startup in the healthcare industry. The Berlin-based startup is already working with more than 1,200 medical practices in a handful of European countries. But there are thousands more that could benefit from an upgrade for their administrative workflows. That’s why Nelly recently raised €50 million in funding (around […]

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The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation relating to his acquisition of Twitter, now called X. The SEC claims Musk failed to disclose his 5% ownership stake of Twitter in a timely manner, violating federal securities law, according to a complaint filed in federal […]

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Nvidia has been doubling down on the opportunity to build robotics and other industrial AI applications, with the launch of its Omniverse platform, and most recently Mega, an Omniverse Blueprint framework to create digital twins to operate these applications. It’s also investing in digital twin startups to get the effort off the ground. Taiwan’s MetAI […]

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Accel has backed Indian startup Sarla Aviation for its aim to develop flying taxis for mass mobility in the country.

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Will Elon Musk post more than 400 tweets this week? With Polymarket, this to be one of the silliest ways people spend their money on the internet.

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The U.S. Department of Commerce announced a final rule Tuesday that would ban the sale or import of connected vehicles from China and Russia due to national security concerns. The rule would also bar Chinese car companies, such as WeRide and Pony AI, from testing self-driving cars on U.S. roads.  “China is trying to dominate […]

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With CES 2025 finally in the rearview, it’s time to move on to the next round of big hardware announcements. Rumors have emerged over the last few weeks, pointing to an imminent announcement for the next generation of Nintendo’s wildly successful hybrid Switch console. In particular, word from industry stalwart Eurogamer (among others) pegs a […]

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Intel says that it plans to spin off its corporate venture arm, Intel Capital, into a standalone fund, with Intel as an “anchor investor.” In a press release on Tuesday, Intel said that the move will “[enable] greater autonomy” and “the flexibility to attract external capital.” Intel expects Intel Capital to begin operating independently in […]

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Executives and researchers leading Meta’s AI efforts obsessed over beating OpenAI’s GPT-4 model while developing Llama 3, according to internal messages unsealed by a court on Tuesday in one of the company’s ongoing AI copyright cases, Kadrey v. Meta. “Honestly… Our goal needs to be GPT-4,” said Meta’s VP of Generative AI, Ahmad Al-Dahle, in […]

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