This week in Tech
Zuck’s bet: Meta invests [$72B][3] in AI
Duolingo will “gradually stop using contractors to do work that AI can handle,” according to an all-hands email sent by cofounder and CEO Luis von Ahn announcing that the company will be “AI-first.” The email was posted on Duolingo’s LinkedIn account.
Nike (NKE.N), opens new tab was sued on Friday by purchasers of Nike-themed non-fungible tokens (NFTs) and other cryptocurrency assets who said they suffered significant losses when the athletic wear company abruptly closed the business that created those assets.
Samsung surge: Giant invests in southern India.
Apple moving to make most iPhones for US in India rather than China, source says
Zuck’s bet: Meta invests $72B in AI
What we've also heard:
AI writes 30% of Big Tech’s code Up to 30% of code at Microsoft and Google is written by AI, according to their CEOs.
Google: AI can remove weeks of work Workers can save 122 hours a year using AI in admin tasks, according to Google.
Guess what dominated startup funding in April AI led the pack in U.S. venture funding for April. Also in the mix: fintech, batteries, and space. Worldwide, old-school taxi dispatching got a boost.
Robots in space Near Space Labs secured $20M to develop high-resolution imaging robots launched by helium balloons.
Virtual Make Up Testing At Google
This pandemic year lots of things are moving to virtual world and so does the makeup industry. Now Google is offering a virtual make up testing to its users. The company is collaborating with several cosmetic brands.
Online shopping is booming because of pandemic. With makeup it is not that easy. It’s hard to buy lipstick without trying on the color first. While some brands began testing this new virtual approach to make up testing before the health crisis, others are now full speed. Google is not enriching its search engine with augmented reality to allow you to try the product before buying. Google experience is collaborating with ModiFace and PerfectCorp with participation of brands like "L’Oreal, MAC and Charlotte Tilbury.
Google Maybe Acquiring Fitbit - The Future of Wearables
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Yes, Fitbit may become Google’s first step into the wearables world . The 12-year old fitness tracker company may become a part of Google’s strategy to compete with Apple Watch. Outside of the US, Apple remains the top-seller of smartwatches.
