Microsoft Copilot has integrated with the generative AI app Suno, allowing users to compose original songs through simple text prompts, while Tesla’s Autopilot recall fix faces criticism and electric scooter firm Bird files for Chapter 11 bankruptcy.
Microsoft Copilot Adds Music Generation
Microsoft’s AI-powered chatbot, Microsoft Copilot, can now compose songs thanks to an integration with generative AI (GenAI) music app Suno. Users can enter prompts into Copilot like “Create a pop song about adventures with your family” and have Suno, via a plug-in, bring their musical ideas to life.
Tesla Autopilot Recall Under Scrutiny
Following tests, Consumer Reports says Tesla’s fix for its Autopilot recall of over 2 million vehicles is “insufficient.” While the testing isn’t comprehensive, Sean notes, it shows questions remain unanswered about Tesla’s approach to driver monitoring — the tech at the heart of the recall.
Bird Enters Chapter 11 Bankruptcy
Bird has filed for Chapter 11 bankruptcy, capping off a turbulent year for the electric scooter company. In a press release, Bird confirmed it had entered into a “financial restructuring process aimed at strengthening its balance sheet,” with the company continuing to operate as normal in pursuit of “long-term, sustainable growth.”
Podcast Highlights
On this week’s Equity, the second of a two-part series looking back at 2023, the crew recapped the fall of Silicon Valley Bank, FTX founder Sam Bankman-Fried’s long and tedious trial and OpenAI’s wild internal politicking.
Meanwhile, Found focused on Charlie Hernández and his journey of building My Pocket Lawyer, an online platform meant to democratize access to legal advice. Hernández discussed his motivation for using his law degree to bridge the access-to-justice gap.
And Chain Reaction featured Staci Warden, the CEO of the Algorand Foundation. The episode explored the Singapore-based blockchain’s commitment to speed, security, and its goal of maintaining a carbon-negative, green network.
Industry Insights and Analysis
Etsy layoffs: Etsy recently announced that it would lay off 11% of its workforce. Anna notes that this comes as no surprise to those monitoring the e-commerce sector, citing “junkification” and fierce competition as factors creating a difficult road ahead.
DEI backlash: Dom examines the growing resistance to DEI (diversity, equity and inclusion) initiatives within the tech sector, highlighting the challenges companies face in maintaining these frameworks.
Figma’s valuation: Anna reports that despite the failed acquisition by Adobe, the outlook for Figma remains positive. CB Insights estimates the startup maintains a valuation between $8.3 billion and $9 billion.
