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Mecka Raises $60M in Series B Funding to Build Data and Deployment Infrastructure for Robots

Mecka Raises $60M in Series B Funding to Build Data and Deployment Infrastructure for Robots

Insider Brief Mecka raised $60 million in Series B funding led by Sequoia Capital to expand its real-world robotics data infrastructure, research and commercial robot deployments. The company records human demonstrations using its own multi-sensor

Business
Markets Brace for Uncertainty as Fed Signals Impending Rate Hike

Markets Brace for Uncertainty as Fed Signals Impending Rate Hike

Investors are currently navigating a cloud of uncertainty following the release of Federal Reserve meeting minutes, which suggest that another interest rate hike is coming before the end of the year. While officials indicated that

Business
Safety Gap Emerges Between OpenAI Claims and Independent Teen Research

Safety Gap Emerges Between OpenAI Claims and Independent Teen Research

OpenAI is facing mounting criticism over the effectiveness of its specialized protections for adolescent users. While the company asserts that teenagers typically use ChatGPT for brief periods centered around educational goals, a damning new report

Business
Final Hours to Score Massive Discounts During Amazon’s Fall Shopping Event

Final Hours to Score Massive Discounts During Amazon’s Fall Shopping Event

Time is running out for shoppers looking to snag deep discounts during the annual Prime Big Deal Days event. With the sale concluding tonight, October 7, prime members have only a few remaining hours to

Business
Global Gains Fail to Mask Domestic Slump for PepsiCo

Global Gains Fail to Mask Domestic Slump for PepsiCo

PepsiCo managed to beat analyst expectations for both quarterly earnings and revenue, but the victory felt bittersweet as the company slashed its full year profit projections. While international markets provided a much needed boost, the

Business
Amazon Trims Retail Staff While Betting Billions on Artificial Intelligence

Amazon Trims Retail Staff While Betting Billions on Artificial Intelligence

Amazon employees woke up to a new wave of job losses on Tuesday as the e-commerce giant continued to reshape its corporate landscape. An internal Slack channel with tens of thousands of members became a

Business
Can the Upcoming ‘Expanse’ Game Avoid ‘Mass Effect’s’ Biggest Mistake?

Can the Upcoming ‘Expanse’ Game Avoid ‘Mass Effect’s’ Biggest Mistake?

A main theme of the nine-book sci-fi series The Expanse is that sometimes you may never know the consequences of a choice you made. The universe, utterly indifferent black box that it is, “never tells

Business
Synchrony, credit card issuer to Amazon and Walmart, partners with OpenAI for ChatGPT shopping

Synchrony, credit card issuer to Amazon and Walmart, partners with OpenAI for ChatGPT shopping

Synchrony Financial, the powerhouse behind store credit cards for retail giants like Amazon, Walmart, and Lowe's, is teaming up with OpenAI to transform how people shop through artificial intelligence. In a bid to streamline the

Business
Paramount seeks $1.88 billion bond from state AGs to cover costs of WBD merger delay

Paramount seeks $1.88 billion bond from state AGs to cover costs of WBD merger delay

Paramount is fighting back against a coalition of state attorneys general attempting to block its massive merger with Warner Bros. Discovery, asking a court to force the states to post a 1.88 billion dollar bond.

Business
Meta heads to trial over alleged social media addiction, risks to children

Meta heads to trial over alleged social media addiction, risks to children

Meta is preparing for a high stakes legal battle in the U.S. District Court for the Northern District of California, where a group of state attorneys general allege the tech giant intentionally designed its platforms