Fortune
Exclusive: Mercedes becomes the first automaker to sell autonomous cars in the U.S. that don’t come with a requirement that drivers watch the road
Mercedes began selling cars enabled with Drive Pilot in Germany in 2022. The next time you’re traveling on the interstate and see a fellow driver whose hands are full with everything but the wheel—scrolling TikTok, applying mascara, eating breakfast—don’t panic. It’s all legal in certain states, as long as they’re in a new Mercedes with autonomous driving technology.
Ibotta shares surge on ‘overwhelming demand’ after IPO generates more than $577 million
Shares of Walmart-backed Ibotta opened at $117 on Thursday and peaked at $117.59 after pricing at $88 on Wednesday in an IPO that was oversubscribed by 20%. In late afternoon trading, shares had retreated to about $105, still a 19% rise from Wednesday’s close. Initial pricing for the shares—6.56 million were sold at $88, generating more than $577 million—had been in the range of $76 to $84.
‘Cesspool of AI crap’ or smash hit? LinkedIn’s AI-powered collaborative articles offer a sobering peek at the future of content
The Microsoft-owned social network used AI to help launch a hub with career advice on thousands of topics, from hotel management to marketing. Some experts say the result is an absurd AI feedback loop.
DEI critics were hoping that the Supreme Court’s Muldrow decision would undermine corporate diversity programs. It does no such thing
The U.S. Supreme Court has sided with Jatonya Muldrow, holding that Title VII of the Civil Rights Act bars employers from discriminating in decisions like transfers even when they do not rise to the level of 'significant' harm. The Supreme Court just delivered a big win for workers and workplace...
As Meta debuts its Llama 3 model, today’s generative AI landscape is a different animal
Meta today debuted updated versions of its free Llama AI model, which has been among the most popular open source models in the market but which has faced increasing competition from both other open source contenders and companies offering paid closed access models. Called Llama 3, the new set of models represent Meta’s attempt to match some of the capabilities currently being offered by rivals such as OpenAI, Anthropic, and Google in their latest models, but which so far have only been available in closed, paid proprietary services.
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