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In Today’s Edition
Stability AI stabilized by investment from Silicon Valley royalty, new executive team
E.U. Charges Microsoft With Antitrust Violations Over Teams Bundling
Tesla issued two recalls on 11k+ Cybertrucks
Google is killing infinite scroll on search results
Notion has launched Notion Sites
Researchers invent 100% biodegradable 'barley plastic'
All your news. None of the bias.
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🚀Startups Nuts
Stability AI has secured investors including venture capital firms Greycroft and Coatue Management, former Facebook president Sean Parker, former CEO of special effects house WETA Digital Prem Akkaraju, former Google and Novell boss Eric Schmidt, and investor Robert Nelsen, who has been involved in 47 companies that achieved billion-dollar valuations.
Other News
Creatio, a no-code CRM and workflow automation platform based in Boston, raised $200m at a $1.2b valuation
Samsara Eco, an Australian maker of fossil-free polymer resins, raised A$100m
Fetcherr, an Israeli pricing, inventory and publishing platform, raised $90m in Series B funding
Klarity, an SF document review startup, raised $70m in Series B funding
K-ID, a kids safety and compliance technology platform for games, raised $45m in Series A funding
Form Health, a Boston provider of obesity care, raised $38m in Series B funding
Conduit, an on-chain compute startup, raised $37m in Series A funding
Coder, an Austin, Texas-based developer platform, raised $35m in Series B extension funding
Boston Oncology Arabia, a Saudi maker of bio-generic drugs, raised $35m
🏭Business Nuts
EU regulators have charged Microsoft with breaking antitrust rules by bundling its Teams video conferencing software with a suite of other productivity tools, giving it an unfair advantage over rivals. Businesses essentially had little choice but to use Teams if they wanted other software made by Microsoft. Competitors also faced challenges in making their services work with other Microsoft software. Microsoft says it has already taken steps to resolve the dispute, having unbundled Teams from other Office products last year.
Other News
Tesla issued two recalls on 11k+ Cybertrucks, one involving an issue with its windshield wiper and the other a trim in the trunk bed.
Patreon is offering new features for creators, including live chat, countdowns for new content, and the ability for fans to pay for past content without subscribing.
80% Mattel’s gaming portfolio will be accessible to people with color-vision deficiencies by the end of the year. The move will add symbols to Uno decks to aid those who cannot distinguish the cards’ colors.
Rivian shares rise over 50% in after-hours trading after Volkswagen announces up to $5B investment in the electric vehicle maker by 2026 as part of new joint venture.
📱Tech Nuts
Continuous scrolling on Google search results, which was originally introduced in October 2021, has been removed from desktop search results and will be removed from mobile results in the coming months. It has been replaced with Google's classic pagination bar, which allows users to jump to a specific page of search results or simply click 'Next' to see the next page. A 'More results' button will be shown at the bottom of searches on mobile. The change will allow Google to serve search results faster.
Other News
Notion has launched Notion Sites, a tool that turns Notion pages into publicly-facing websites. It has features like custom favicons, the ability to build navigation bars with links, and breadcrumb navigation. Notion Sites can be easily published under custom domains.
Google is reportedly working on an AI project that lets users talk to chatbots modeled after celebrities, YouTube influencers, and other personalities. The feature will allow anyone to create chatbots by describing their personality and appearance and then converse with them.
Snapchat is adding new teen safety features, including warnings on messages from unknown contacts, users that have been blocked or reported by others, or people from outside the region where the teen’s contacts are located.
Waymo’s self-driving cars are available to everyone in San Francisco. Anyone with the Waymo app can hail the Alphabet-owned taxis, no waitlisting required.
Yelp is rolling out new tools to help users find businesses that meet mobility, hearing, and vision accessibility needs. The platform is also adding AI-generated alt text to its photos.
🎁Miscellaneous
Researchers from the University of Copenhagen have created a biofriendly material made from barley starch blended with fiber from sugarbeet waste. The material is strong and can completely decompose within only two months if left in nature. It can be used for food packaging, among many other things. The material can be easily made in many places in the world. The researchers are now processing a patent application for the biocomposite material.
💡What else are we reading and seeing?
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If you answer ‘always’ to these 8 questions, you're mentally stronger than most
😎Fun Fact
On this day: In 1959, the St. Lawrence Seaway opened, creating a pathway from the Atlantic Ocean to the Great Lakes
🔥 Few tools many people are finding useful
Wendy - AI therapy that won't bore you
ElevenLabs Reader App - Listen to articles, PDFs, or any text with the highest quality AI voices on your mobile
Claude Engineer - CLI access to Claude 3.5 Sonnet combined with file operations and web search
Zebracat - Turn text into impactful videos in minutes with AI
Relay - AI-powered automation with a human in the loop
🐦Joke of the Day
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