Tuesday, January 14, 2025

ChatGPT: Everything you need to know about the AI-powered chatbot

ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. What started as a tool to supercharge productivity through writing essays and code with short text prompts has evolved into a behemoth with 300 million weekly active users. 2024 was a big year for OpenAI, from its partnership […]

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Biden admin’s final rule banning Chinese connected cars also bars robotaxi testing on U.S. roads

The U.S. Department of Commerce announced a final rule Tuesday that would ban the sale or import of connected vehicles from China and Russia due to national security concerns. The rule would also bar Chinese car companies, such as WeRide and Pony AI, from testing self-driving cars on U.S. roads.  “China is trying to dominate […]

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With $30 million in new funding, SEEQC thinks chips are key to building useful quantum computing

Nvidia CEO Jensen Huang may have said that “very useful quantum computers” are probably still 20 years away, but his company is also hedging its bets beyond classical chips with investments and partnerships in that very space. Now one of the companies that Nvidia partners with in quantum development is announcing funding. SEEQC, a quantum […]

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EV startup Harbinger’s obsession with simplicity fuels $100M Series B

It’s not an easy time to raise money for an electric vehicle startup, especially given how many have failed or are close to failing. But Los Angeles-based Harbinger has pulled it off by taking an hyper-focused approach to electrifying commercial trucking.  The reward is a $100 million Series B, co-led by early Tesla investor Capricorn […]

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Massachusetts senator seeks to extend deadline for TikTok ban

Senatory Ed Markey (D-Mass.) is planning to introduce legislation to extend the TikTok ban deadline by 270 days. TikTok has warned of a looming shutdown in just five days, but the new legislation, officially called the Extend the TikTok Deadline Act, would give TikTok more time to divest from its Chinese parent company ByteDance, if approved by Congress. TikTok […]

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Boardy AI raises $8M seed round months after closing pre-seed 

Months after announcing a $3 million pre-seed, the AI networking startup Boardy is back with an $8 million seed announcement led by Creandum.  The company connects users with other people when they call an AI agent who chats with them for a bit and then connects them with others it thinks they ought to know. […]

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LemFi moves remittances further into Asia and Europe with $53M in new funding

For many emerging market economies, remittances have become a lifeline. Inflows surpassed $669 billion in 2023, according to World Bank research, and they now represent significant portions of GDP in these countries, often outpacing foreign direct investment as the primary source of foreign exchange.  Traditional banks and agents maintain a firm grip on the remittance […]

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Monday, January 13, 2025

China reportedly considers selling TikTok US to Elon Musk

Chinese government officials have reportedly discussed a scenario where ByteDance sells TikTok’s United States arm to Elon Musk, should the Supreme Court uphold the law banning the app on January 19th. Bloomberg reports that China would strongly prefer for TikTok to stay under ByteDance’s ownership, but says government officials have considered a sale to Musk […]

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As TikTok faces a US shutdown, here are some alternative apps to check out

TikTok has warned of a looming shutdown in just six days, as the Supreme Court is currently weighing the law that would ban the app. So we thought it’s time to take a look at other platforms that may be able to fill the TikTok-shaped hole in our lives.  The law gives TikTok parent company […]

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Microsoft forms new internal dev-focused AI org

Microsoft has created a new engineering organization aimed at accelerating AI infrastructure and software development within the company. According to Bloomberg, Jay Parikh, previously VP and global head of engineering at Meta, will lead the new division. He’ll report to Microsoft CEO Satya Nadella and oversee groups, including the company’s AI platform and developer teams. […]

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Robinhood agrees to pay $45M in SEC settlement

Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations, reported the Wall Street Journal on Monday. The settlement is being made via two of Robinhood’s brokerage units. One of the violations relates to Robinhood’s November 2021 confirmation that it was hacked “with […]

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Biden admin snubs Tesla’s $100 million big-rig charging funding request — again

The Department of Transportation announced Friday another $636 million in funding that will be awarded to 49 applicants for electric vehicle charging infrastructure — and Tesla’s application for nearly $100 million to fund a big rig charging corridor was once again passed over. Tesla’s name was not among the list of recipients released, and its partner […]

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Blue Origin delays launch of New Glenn mega-rocket

Jeff Bezos’ space company Blue Origin postponed the inaugural launch of its first orbital rocket, New Glenn, early Monday morning after experiencing an unspecified issue with one of the vehicle’s subsystems. While delays like this happen all the time in spaceflight, this one once again puts the timing of the much-anticipated launch in question. According […]

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