IT on The Soothsayer / page 7

Humane, a Silicon Valley-based AI hardware startup, has been partially acquired by HP for $116 million, a significant decrease from its initial venture capital funding of $240 million. The acquisition has resulted in layoffs for some employees, while others have received job offers from HP with pay increases and bonus plans. The newly formed innovation…

Spotify has partnered with ElevenLabs to offer AI-narrated audiobooks on its platform, expanding its library of digital audiobooks. This move comes two years after Spotify teamed up with Google Play Books to offer AI-narrated audiobooks. The partnership allows authors to narrate their audiobooks in 29 languages, with the free version offering up to 10 minutes…

Fiverr, a popular gig marketplace, has announced a new initiative that allows freelancers to train AI on their work and use it to automate future jobs. This move aims to equip freelancers with generative AI tools and ensure they receive proper credit and compensation. The platform will launch a program called the “Personal AI Creation…

The tech industry has seen a significant wave of layoffs in 2024, with over 150,000 job cuts across 542 companies. Large companies like Tesla, Amazon, Google, and Microsoft have conducted sizable layoffs, while smaller startups have also experienced cuts and shut down operations. The trend is expected to continue in 2025, with several companies already…

Google has expanded its AI-based note-taking and research assistant, NotebookLM Plus, to individual users subscribed to the Google One AI Premium plan. This move comes after its debut for enterprises on Google Cloud and via Google Workspace. The paid version offers higher usage limits and premium features, including 5 times more usage than the free…

Elon Musk’s Tesla is facing a lawsuit over the use of AI-generated, copyright-violating images inspired by the movie “Blade Runner” at a press event. Attorneys for Musk have filed a motion to dismiss the case, but the plaintiff, Alcon Entertainment, intends to oppose it. The lawsuit claims that Tesla saved significant expenditures by using AI-generated…