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News on Medial
Former Google CEO Gets Into the AI-Powered Kamikaze Drone Business With ‘White Stork’
Gizmodo
·
1y ago
Medial
Former Google CEO Eric Schmidt is reportedly involved in a startup called White Stork, which aims to sell advanced AI drone technology to Ukraine for its ongoing war efforts. Schmidt has been positioning himself as a bridge between Silicon Valley and the Pentagon, advocating for the use of AI in warfare. The kamikaze drones, which cost around $400 and carry explosives, are seen as a crucial technology in countering Russian defense systems. White Stork is said to employ former tech executives and is being built under a series of shell companies.
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Related News
Ex-Google CEO Eric Schmidt’s startup White Stork aims to arm Ukraine with AI-powered attack drones | Mint
Livemint
·
11m ago
Medial
Former Google CEO Eric Schmidt's new drone startup, White Stork, aims to develop AI-driven attack drones to support Ukraine in their conflict with Russia. The drones would have the capability to identify targets autonomously, reducing the need for ground battles. Schmidt, now a licensed arms dealer, expressed frustration over the destruction caused by the Russian military in Ukraine. White Stork, co-founded with Udacity CEO Sebastian Thrun, focuses on producing advanced drones at lower costs with government backing. Schmidt's previous remarks highlighted Google's alleged loss in the artificial intelligence race due to remote work practices.
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Google's iOS app gets AI-powered text simplification feature
Economic Times
·
3m ago
Medial
Google has launched Simplify, an AI-powered feature in its iOS app, aimed at making complex online text easier to understand. Using the Gemini AI model, it generates simplified versions of highlighted text directly on the webpage. This feature is particularly useful for interpreting technical jargon, like medical terms, into more digestible language. Although currently only available on iOS, Google is considering expanding this feature to other platforms in the future.
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YouTube search gets its own version of Google’s AI Overviews
The Verge
·
1m ago
Medial
Google is integrating an AI Overviews feature into YouTube, similar to what's on Google Search. This feature, available for some YouTube Premium members in the US, shows an AI-powered search results carousel with a prominent video, related video thumbnails, and AI-generated text. Limited to iOS and Android and available only in English, a random selection of Premium members can access it until July 30th. Conversational AI tools are also expanding to some non-Premium US users.
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Paytm Committed To Integrating AI In Its Core Payment Biz: Vijay Shekhar Sharma
Inc42
·
10m ago
Medial
Paytm founder and CEO, Vijay Shekhar Sharma, stated that the company is determined to incorporate artificial intelligence into its core payment business. Paytm aims to focus on its payment business and expand into cross-selling financial services to improve profitability. Additionally, there is a growing expectation for Paytm to establish an AI-powered risk management committee.
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OpenAI chair's AI startup Sierra gets $4.5 billion valuation in latest funding round
Economic Times
·
9m ago
Medial
Former Salesforce co-CEO Bret Taylor's AI startup, Sierra, has secured $175 million in funding, valuing the company at $4.5 billion. Sierra focuses on AI-powered customer service chatbots and has already generated over $20 million in annualized revenue. The funding round was led by Greenoaks Capital, with participation from Thrive Capital and Iconiq. Sierra differentiates itself by mitigating issues like generating false information, offering reliable interactions with customers for brands. This funding highlights the growing interest in AI companies, with investors willing to pay high multiples for established founders and revenue-generating applications.
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Chrome gets a built-in AI writing tool powered by Gemini
TechCrunch
·
1y ago
Medial
Google Chrome introduces an AI writing generator powered by its Gemini AI models. The feature, called "Help me write," is an extension of the existing Gmail feature and can now be used across the web. Users can enable the writing tool in Chrome settings and access it by right-clicking on any text field. The tool can generate new content or rewrite existing text, taking into account the context of the webpage to offer relevant suggestions. The AI writer is currently only available in English for Windows, Mac, and Linux users.
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ideaForge investor gets 570% returns, invests in 2nd drone startup
Inshorts
·
2y ago
Medial
Florintree Advisors, led by former Blackstone dealmaker Mathew Cyriac and the largest single investor in ideaForge, has invested ₹20 crore in the drone startup BotLab. This investment comes after Florintree gained a 570% return on its investment in ideaForge. With an 11% stake in ideaForge, Florintree now holds a 15% stake in BotLab, valuing it at approximately ₹120 crore. Cyriac mentioned that they assessed around 15 drone makers before making this investment.
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Ex-Reddit CEO says tech giants are shipping subpar products because they are obsessed with winning the AI race
Business Insider
·
1y ago
Medial
Former Reddit CEO, Yishan Wong, has criticized tech giants for prioritizing AI competition over delivering quality products. Wong argues that their obsession with AI has led to flawed answers and a drop in overall product quality. He also notes that the giants force users to adopt these AI-powered products, making it difficult to opt out. Wong's comments align with those of other industry insiders who have raised concerns about the rushed development and deployment of AI technologies by companies like Google and Meta.
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Google I/O 2025: From Gemini to Astra- Know All Updates & Announcements In Sundar Pichai's Keynote
OutlookIndia
·
2m ago
Medial
At Google I/O 2025, Google announced collaborations with Samsung on XR devices and new AI features like Gemini 2.5 Pro. Key highlights include free Gemini Live features, real-time translation in Google Meet, and a new AI-powered communications platform, Beam. Gemini's integration into Chrome and advances like Gemini Diffusion and Project Astra elevate AI interactions. Partnerships with HP aim to deliver Beam on devices by year-end, reflecting Google’s drive to enhance AI-powered experiences across platforms.
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Dana White, CEO of Ultimate Fighting Championship, joins Meta's board
Economic Times
·
7m ago
Medial
Meta has appointed Dana White, CEO of Ultimate Fighting Championship, to its board, strengthening ties with the incoming Trump administration. White, known for entrepreneurship and building UFC into a global brand, has bonded with Meta CEO Mark Zuckerberg over shared interests in professional fighting. Meta also added John Elkann and Charlie Songhurst as new board members, highlighting future opportunities in AI and wearables. This comes amid criticism from Republicans about Meta's content moderation policies.
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