Shopify is preparing for the transformation of a lifetime, according to its president, Harley Finkelstein. Speaking at this year’s Upfront Summit in Los Angeles, the longtime e-commerce veteran spoke about how the company is going all in on agentic shopping. Shopify is the second-largest e-commerce provider in the U. But …

There is a new key term to know as part of this artificial intelligence revolution, at least according to Antonio Gracias, the founder of Valor Equity Partners. While chatting at this year’s Upfront Summit in Los Angeles, he spoke about the term he coined — proentropic — a descriptor for …

Encyclopedia Britannica and Merriam-Webster have filed a lawsuit against OpenAI, alleging in its complaint that the AI giant has committed “massive copyright infringement. ” Britannica, which owns Merriam-Webster, retains the copyright to nearly 100,000 online articles, which have been scraped and used to train OpenAI’s LLMs without permission, the publisher …

In 2023, after three years of building an automotive lending startup, Fuse co-founders Andres Klaric and Marc Escapa realized that LLMs could modernize something even more significant: the loan origination system (LOS), which is the backbone of the lending industry. Frustrated by the limitations of legacy software, Klaric (pictured left), …

Eight-year-old semiconductor startup Frore Systems has raised a $143 million Series D, led by MVP Ventures, at $1. 64 billion valuation, the company announced on Monday. Frore has now raised $340 million total, the company said. Frore doesn’t make the chips themselves; it makes liquid-cooling systems for them. Founded by …

Nvidia kicks off its annual GTC developer conference in San Jose, California, on Monday with CEO Jensen Huang’s keynote scheduled for 11 a. GTC — which stands for GPU Technology Conference — is Nvidia’s flagship annual event, running from March 16 to March 19. The chipmaker typically uses the spotlight …

Nvidia CEO Jensen Huang used the company’s keynote at Nvidia GTC on Monday to introduce DLSS 5, a new version of the chipmaker’s AI graphics tech designed to make video games more realistic while using less compute power. The new DLSS 5 system combines traditional 3D graphics data with generative …

Elon Musk’s company xAI should be held accountable for allowing its AI models to produce abusive sexual images of identifiable minors, three anonymous plaintiffs argued in a lawsuit filed Monday in California federal court. The three plaintiffs want to bring a class action suit representing anyone who had real images …

Apple has acquired MotionVFX, a company that develops plug-ins, templates, and advanced capabilities for Apple’s Final Cut Pro video editing software. The financial terms of the deal are unknown. “We are extremely excited to share that MotionVFX is joining the Apple team to continue to empower creators and editors to …

The electrical grid has changed more in the last decade than in the preceding five. Solar, wind, and batteries have pushed power generation away from monolithic producers. But fundamentally, the grid still suffers from the same challenges. “The problem on the grid is a peak problem. Most of the time …