🦾 Google announces PaLM API
Plus: OpenAI releases GPT-4, Meta to cut 10,000 more jobs, and more…
Today’s pick
Google announces AI features in Gmail, Docs, and more to rival Microsoft. Google has announced a suite of upcoming generative AI features for its various Workspace apps, including Google Docs, Gmail, Sheets, and Slides. The features include new ways to generate, summarize, and brainstorm text with AI in Google Docs… (James Vincent / The Verge)
OpenAI Plans to Up the Ante in Tech's A.I. Race. Four months ago, a small San Francisco company became the talk of the technology industry when it introduced a new online chatbot that could answer complex questions, write poetry and even mimic human emotions. Now the company is back with a new… (Cade Metz / The New York Times)
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Meta to cut 10,000 more jobs, eliminate 5,000 openings. Meta is laying off 10,000 people and cutting 5,000 open roles as a part of a larger plan to flatten the company's management structure, CEO Mark Zuckerberg said Tuesday. Why it matters: It's the second round of layoffs to hit the tech giant in the… (Sara Fischer / Axios)
VC firm USV sent warning to diversify deposit holdings in November. Union Square Ventures warned portfolio companies in November to diversify their bank deposits. The warning, which has not been previously reported, never specifically mentioned SVB. But it came after a senior partner became alarmed after reading… (Ben Bergman / Insider)
TikTok Considers Splitting From ByteDance if Cfius Deal Fails. TikTok's leadership is discussing the possibility of separating from ByteDance Ltd., its Chinese parent company, to help address concerns about national security risks. A divestiture, which could result in a sale or initial public offering, is… (Alex Barinka / Bloomberg)
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