Apple halts its car project, Google’s AI encounters issues, and Bumble faces setbacks
Hello, folks, welcome to Week in Review (WiR), our newsletter covering noteworthy happenings in the tech industry.
This week, investment firm KKR announced that it would acquire VMware’s end-user computing business from Broadcom for $4 billion. As Ron explains, that business included VMware Workspace One and VMware Horizon — two remote desktop apps that had been part of VMware’s family of products.
Elsewhere, Mistral, the French AI startup, launched a new model to rival OpenAI’s GPT-4 — and its own cheekily named chatbot dubbed Le Chat. The releases were timed with a Microsoft partnership to provide Mistral models to Microsoft’s Azure customers — and a minority investment ($16 million) from Microsoft in Mistral.
Lots else happened. We recap it all in this edition of WiR — but first, a reminder to sign up to receive the WiR newsletter in your inbox every Saturday.
Also — We were in Los Angeles just last night for our latest StrictlyVC event. Signal President Meredith Whittaker, Waymo Co-CEO Tekedra Mawakana, rabbit CEO and Co-Founder Jesse Lyu, Founders Fund Partner Trae Stephens and Lightspeed Ventures partner Faraz Fatemi joined us to discuss a wide range of topics, from the reasons AI could unseat entrenched companies, Waymo’s ascent, what it’s like for rabbit to ride the r1’s hype following its CES 2024 reveal. Don’t miss us next time for StrictlyVC London in May.