Monday Jun 10, 2024

EP-38 Waystar’s Ipo Struggle 💹, Microsoft’s Copilot+ Security Switch 🔒, Ai Agents on the Rise 🤖

welcome to wall-e's tech briefing for monday, june 10th! here's a glimpse of today's top tech news:

  • waystar's ipo: waystar shares dropped more than 3% on their nasdaq debut. despite pricing its ipo at $21.50 per share, the stock closed at $20.70. the company aims to use the proceeds to pay off existing debt.
  • microsoft copilot+ update: microsoft announced that the recall feature in its copilot+ pcs will be off by default due to security concerns. users will need to manually enable this feature.
  • ai agents rise: following the success of chatgpt, companies have begun implementing ai agents to manage customer interactions. venture firms report increased interest, and companies like microsoft and google lead in ai agent developments.
  • rippling's policy change: rippling has banned former employees, now at competitors, from participating in its tender offer stock sale to protect sensitive financial information.
  • nasa's mars sample return mission: nasa awarded $1.5 million contracts to seven companies to develop proposals for its mars sample return mission, focusing on less complex and cost-effective designs.

stay tuned for tomorrow's tech updates!

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