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Daily Tech News: Amazon, TikTok, Antler, Blue Origin, SpaceX, AI

July 02, 2024

Here are the top stories on Techzi

Zuckerberg Throws Shade at ‘God-Like’ AI Ambitions

  • Zuckerberg criticizes closed-source AI, advocates for open development.

  • Meta plans wearable tech progression, including AI-powered smart glasses.

  • Smartphones won’t disappear but will become less central to daily tech use.

Reflections and Lessons from My 10-Week Antler Vietnam Residency

Guest Author: Darryl Han

  • Antler startup program tests founders' resilience.

  • LFG team perseveres despite funding rejection.

  • Startup journey demands focus, teamwork, and unwavering belief.

Musk Reignites Space Feud with Bezos: “Sue Origin”

  • Blue Origin raises environmental concerns over SpaceX’s rocket launches.

  • Musk accuses Bezos’ company of impeding progress, references past legal disputes.

  • Residents near SpaceX launchpad report pollution.

Amazon Plays Catch-Up in the AI Assistant Arena

  • Amazon unveils Metis, joining AI race late.

  • Late entry offers learning opportunities.

  • Real-time updates could differentiate Metis from rivals.

TikTok Takes On Amazon: The Battle of the July Sales

  • TikTok challenges Amazon with “Deals For You Days” event.

  • Platform targets $17.5 billion in U.S. e-commerce sales.

  • Social commerce boom fuels TikTok’s ambitious expansion plans.

Quick Commerce in Southeast Asia: A Speedy Rise and Fall

  • Southeast Asian quick commerce boomed then busted rapidly.

  • Profitability challenges plague the sector.

  • India’s success offers potential lessons for Southeast Asian players.

Robotics Legend Rodney Brooks Urges Caution on Generative AI Hype

  • MIT’s Brooks warns against overhyping generative AI.

  • Purpose-built tech trumps broad AI applications.

  • Challenges persist in AI development, despite potential in eldercare robots.

India’s AI Startup Scene Heats Up: Local Talent Takes on Global Challenges

  • Indian AI startups tackle local challenges with language-focused innovation.

  • Funding dropped 80% in 2023.

  • Investors remain optimistic about consumer applications.

Amazon’s £2.7B Headache: UK Sellers Demand Their Prime Cut

  • Amazon faces £2.7 billion UK lawsuit from 200,000 sellers.

  • Claims allege abuse of market position and unfair Prime practices.

  • Lawsuit joins global trend of antitrust actions against the e-commerce giant.

Did you miss yesterday's daily news show?? Then it’s not too late to check it out now!

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