Morning Brew - ☕️ No small Matter

The buzzy smart-home standard is finally live.
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Morning Brew October 28, 2022

Emerging Tech Brew

Flatfile

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In today’s edition:

Matter has 272 members—here’s why some joined the buzzy smart-home standard
The vision behind Sarah Guo’s new “software 3.0” fund

Jordan McDonald, Eoin Higgins, Dan McCarthy

SMART HOME

Getting involved in the matter

Three smart speakers side by side Francis Scialabba

Three years, multiple delays, and a rebranding later, the Matter standard is finally here, promising a new era of compatibility for smart-home tech.

Matter is a connectivity standard that enables different smart-home products and systems—from smart lights to speakers to fridges—to all work with one another, regardless of their brand. 

  • “As much as we love having everybody using the Google Assistant, the reality is people have iPhones and Android phones in their homes,” Michele Turner, senior director of Google Smart Home Ecosystem, told the Verge in May.
  • “Some of them want to use HomeKit. We just don’t have that kind of compatibility today for users. And I think that’s hard. Being able to have multi-admin really work well between these ecosystems is going to be a big benefit for users,” she added.

Big picture: The push to bring Matter to the forefront of the smart home was led by the Connectivity Standards Alliance, an industry group that includes influential names in the smart-home space like Apple, Google, Samsung, and Amazon.

But the big names aren’t the only companies that have signed on: There are over 272 total members of the group, all of which played a part in developing, marketing, and testing the standard before its release.

We talked with two members to learn about why and how they joined the standard. Read what they had to say here.JM

        

TOGETHER WITH FLATFILE

Tame your data

Flatfile

Information is one of the most valued commodities, but the way it’s stored isn’t standardized. Do surnames come first or last? Do zip codes have 5 digits or 9? Why are the answers to these questions never the same?

Inconsistencies in structure become a real problem when companies need to share, exchange, and export their data. This can cost employees and companies painstaking amounts of time, energy, and money.

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AI

The investor looking to build software 3.0

The investor looking to build software . Sarah Guo

Everyone might be talking about Web3, but Sarah Guo is thinking about what she calls “software 3.0.”

A former general partner at Greylock Partners, Guo set off on her own this June, and in early October, debuted Conviction Partners, a new firm with $100 million in funding.

  • The fund will invest in seed-stage software and hardware companies at the forefront of software innovation, opening the door for what she called “AI-native” companies.

Zoom in: We caught up with Guo earlier this month to talk about her investment vision and what she sees as the next step in software and AI.

Check out the conversation here.EH

        

TOGETHER WITH WORKIVA

Workiva

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BITS AND BYTES

twitter logo on old personal computer Francis Scialabba

Stat: More than 500 workers have left Twitter in the last three months—60% more than in the quarter before, per Punks & Pinstripes data cited by Insider. And almost 30% of those Twitter expats went to Google or Meta.

Quote: “Developments in the biometrics and emotion AI market are immature. They may not work yet, or indeed ever.”—Stephen Bonner, deputy commissioner of the ICO, the UK’s privacy watchdog, in a release this week

Read: The future of the US economy could rest on a tricky task—making engineering cool.

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WHAT ELSE IS BREWING

  • Apple announced new solar and wind investments in Europe and said it will now require its suppliers to report on emissions related to Apple products.
  • Shutterstock announced a partnership with OpenAI around DALL-E 2. Getty Images recently took the opposite tack, and banned AI-generated content from its platform.
  • The FAA-FCC-Airline-5G regulatory rumble is back, with the FAA administrator calling for additional mandated limits on C-band 5G. ICYMI earlier this year: The C-band bans, explained.
  • SK Hynix, one of the highest-earning chipmakers in the world, slashed its planned investments for 2023. UMC, another chipmaker, said it had cut capex by nearly 20%.
  • Tesla is facing a criminal probe from the DOJ over its “self-driving claims.”
  • Argo.AI, the autonomous-vehicle startup backed by Ford and VW, is shutting down.

GOING PHISHING

Three of the following news stories are true, and one...we made up. Can you spot the odd one out?

  • Researchers designed a sweater that can defeat object-detecting AI.
  • Bumble open-sourced its nudity-detection algorithm.
  • Meta warned investors that it would lose even more money on AR/VR projects next year.
  • As part of a new expansion, MrBeast announced an AI-focused R&D group.

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GOING PHISHING ANSWER

MrBeast is reportedly seeking $150 million in funding to fuel an expansion of his restaurant and merch businesses, but there’s nothing to suggest he’s starting a DeepMind competitor.

 

Written by Jordan McDonald, Dan McCarthy, and Eoin Higgins

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