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Daily Tech News: AI Copilot, XSQUARE, OpenAI, PopChill, xAI, Cake Group

May 29, 2024

Here are the top stories on Techzi

Ex-Facebook Engineer Compares AI Copilot Coding to Working with a “Demigod”

  • Ex-Facebook director Aditya Agarwal likens coding with AI copilots to working with a “demigod.”

  • AI tools can predict user intent, going beyond auto-complete.

  • The future of AI lies in “co-creation,” blurring the lines between creators and tools.

Sam Altman’s Turbulent Descent, From Tech Visionary to Controversial Figure

  • OpenAI CEO Sam Altman faces controversies over AI voice, safety concerns.

  • His leadership under scrutiny as ex-employees raise red flags.

  • Tech visionary’s image takes a hit, prompting comeback doubts.

AI Systems May Become Highly Guarded Military Assets, Warns Ex-Google Chief

  • Ex-Google CEO predicts powerful AI systems guarded in military bases.

  • U.S. and China fiercely competing in AI arms race.

  • Analysts warn of diverging U.S. and China tech ecosystems.

Sometimes the Best Thing to Do Is Layoff 75% of Your Tech Team

Guest Author: Ken Leaver

  • Clickup could lay off 75% tech team.

  • Mature SaaS reached 'good enough' feature set.

  • Cost cuts enable customer-friendly policies, profitability.

XSQUARE Fuels Warehouse Automation with $7.8M Series A Boost

  • XSQUARE raised $7.8M for warehouse automation solutions.

  • It offers autonomous robots, AI software integrated systems.

  • Funding accelerates regional expansion, development plans.

PopChill Scores $1.3M Funding, Eyes Singapore Expansion for Luxury Resale

  • PopChill raised $1.3M for luxury resale expansion.

  • Platform offers authenticated designer goods across Asia.

  • It plans Singapore launch, new watch offerings.

Musk’s xAI Scores $6B Mega-Funding to Propel AI Ambitions

  • xAI secured $6B from tech giants.

  • It aims to commercialize products, bolster infrastructure.

  • Chatbot Grok faces misinformation concerns.

Cake Group Co-Founders Bury the Hatchet, Hosp Acquires Chua’s Stake

  • Hosp acquires Chua’s Cake Group stake after feud.

  • Co-founders settle following court’s winding-up dismissal.

  • Crypto firm gets fresh start amid turbulence.

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