Plus, a new $36 million VC fund exclusively for black female founders; will the Supreme Court legalize U.S. sports betting?; and can Hollywood mine bitcoin for a hit?
Microsoft and Google kick off their developers conferences this week, and you can expect both companies to tout their vision of AI-in-everything. Microsoft’s Build conference starts today, with keynotes by CEO Satya Nadella, cloud and enterprise EVP Scott Guthrie and operating systems head Joe Belfiore (you can watch the keynotes here). Google I/O starts tomorrow with a keynote from CEO Sundar Pichai (watch here). Expect a concentrated focus on Android P, the latest version of its mobile OS; and product announcements from the company’s consumer-facing AI efforts. [Devindra Hardawar / Engadget]
One of the surprises at last week’s F8 developer conference was Facebook’s announcement that it is launching a dating service. Here’s another surprise: It won’t have ads. Here’s more detail on Facebook’s push into online dating. [Kurt Wagner / Recode]
Here comes a new $36 million fund that will invest exclusively in black female founders. Backstage Capital, a venture fund that invests in underrepresented founders — “women, people of color, and LGBT founders” — is calling it a “diversity fund.” “I’m calling it an IT’S ABOUT DAMN TIME fund,” tweeted founder and managing partner Arlan Hamilton. Only 9 percent of venture capitalists are women and only 15 percent of VC money went to female founders last year. [Kurt Wagner / Recode]
The Supreme Court is about to rule on a case that could legalize sports betting in the U.S. Media companies can’t wait for the potential new revenue streams. A ruling could come anytime between now and the end of June. [Peter Kafka / Recode]
Universities are struggling to hang on to AI talent as the world’s largest internet companies, from Google to Microsoft to Baidu, try to hire them away. Facebook is opening new artificial intelligence labs in Seattle and Pittsburgh, following lab openings in New York, Paris and Montreal; in 2015, Uber hired 40 researchers and technical engineers from Carnegie Mellon’s robotics lab to staff a self-driving car operation in Pittsburgh. [Cade Metz / The New York Times]
The volume of pesky robocalls — and their scams — has skyrocketed recently, reaching an estimated 3.4 billion in April. Federal lawmakers have noticed the surge: Both the House and the Senate held hearings on the issue within the last two weeks, and each chamber has either passed or introduced legislation aimed at curbing abuses. Here are a few ways to stop them. [Tara Siegel Bernard / The New York Times]
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