📰 IT - the sector that never sleeps...
🤝 Apple partners OpenAI, Microsoft recalls Recall, BlackRock drops EdTech giant
The single most important news lately (that everybody was rumbling about…) was Apple’s initiative, focusing on the integration of generative AI in their products and their collaboration with OpenAI, which underscores the broader trend of AI’s deepening role in tech.
Interestingly these features may be available only to owners of the newest iPhone only.
The other was of course a release of GPT-4o.
What is more:
Microsoft 'recalls’ screenshot feature after outcry
Microsoft will be making changes to a tool on its new AI-powered PCs due to privacy concerns.
BlackRock has slashed the value of stake in Byju’s, once worth $22 billion, to zero
And it was due to the company's financial struggles, governance issues, abrupt resignations, criticism from major investors, and legal disputes over recent funding.
In general startups are experiencing a turbulent environment with varying degrees of success. Not only in EdTech sector. This points to an evolving investment landscape where cautious optimism prevails, and innovation is key to navigating the challenges posed by economic fluctuations and market saturation. As some startups rise to profitability while others falter, the importance of strategic investments and agile business models becomes ever more critical.
🌟 In the realm of technology, adaptability isn’t just an asset – it’s the lifeline for innovation and success.
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