AI Startups Booming Amid Rising Failure Rate; Google, Apple Shift Gears on Vehicle and Imaging Projects
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AI is advancing rapidly, with new startups leveraging it across many industries like news, coding, website building, etc. Investors are pouring millions into these startups.
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Companies like Sunset and SimpleClosure are emerging to help failed startups wind down smoothly, as the startup failure rate rises.
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Google's AI depicted Founding Fathers with people of color, sparking criticism about balancing diversity and accuracy.
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Apple is ending its secretive self-driving car project and likely laying off hundreds of employees from the team.
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Payments giant Stripe secured deals valuing itself at $65 billion to provide liquidity to current and former employees.