The multi-year scheme saw the defendants generate hundreds of thousands in revenue.
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Friday, January 24, 2025
Tata acquires 60% stake in Apple partner Pegatron’s India unit
Tata Electronics has acquired a 60% controlling stake in the Indian arm of Apple assembly partner, Pegatron, as the conglomerate expands its iPhone manufacturing capacity in the country. Taiwan-based Pegatron operates an iPhone production plant near Chennai in India’s sourthern state of Tamil Nadu. The deal comes less than a year after Tata Electronics acquired […]
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Thursday, January 23, 2025
Madrona just announced its biggest fund ever, closing on $770M as other venture funds grow smaller
Seattle-based Madrona Capital is celebrating its 30 years in business by raising $770 million in fresh capital. This is the firm’s largest fundraise to date, exceeding $690 million across two funds Madrona closed in 2022. While an 11% capital pool upsize may not seem significant, any increase at a time when many venture outfits are […]
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Reliance plans world’s biggest AI data centre in India, report says
Mukesh Ambani’s Reliance is planning to build what could become the world’s largest data center in Jamnagar, India, with a capacity of three gigawatts to capitalize on surging AI demand. The facility would dwarf the current largest data center, Microsoft’s 600-megawatt site in Virginia, Bloomberg reported Friday. The project could cost between $20 billion to […]
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Tesla’s redesigned Model Y is coming to North America in March for $60,000
Tesla has announced that its redesigned Model Y SUV is coming to the U.S., Canada, and Mexico in March, with a starting price just shy of $60,000. The news comes just two weeks after Tesla first revealed the new-look Model Y and said it was coming to China and other Asian markets, also in March. […]
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Even some of the best AI can’t beat this new benchmark
The nonprofit Center for AI Safety (CAIS) and Scale AI, a company that provides a number of data labeling and AI development services, have released a challenging new benchmark for frontier AI systems. The benchmark, called Humanity’s Last Exam, includes thousands of crowdsourced questions touching on subjects like mathematics, humanities, and the natural sciences. To make […]
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OpenAI says it may store deleted Operator data for up to 90 days
OpenAI says that it might store chats and associated screenshots from customers who use Operator, the company’s AI “agent” tool, for up to 90 days — even after a user manually deletes them. OpenAI has a similar deleted data retention policy for ChatGPT, its AI-powered chatbot platform. However, the retention period for ChatGPT is only […]
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JetBrains launches Junie, a new AI coding agent for its IDEs
JetBrains, the company behind coding tools like the IntelliJ IDE for Java and Kotlin (and, indeed, the Kotlin language itself), on Thursday launched Junie, a new AI coding agent. This agent, the company says, will be able to handle routine development tasks for when you want to create new applications — and understand the context […]
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Trump orders formation of working group to evaluate crypto stockpile
President Donald Trump on Thursday ordered the formation of a working group to propose federal regulations for “digital assets” — including cryptocurrencies, digital tokens, and stablecoins — and evaluate a national crypto stockpile. Ex-PayPal COO and founder of VC firm Craft Ventures David Sacks, Trump’s pick for crypto an AI ‘czar,’ will lead the working […]
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Passbolt raises $8M for its open source password manager for teams
Password managers have become commonplace at this point. But businesses often have different needs than consumers. Teams, after all, often have to share credentials to access resources, all while IT and security teams need ways to control who has access to them. Passbolt, which is announcing an $8 million seed round Thursday, aims to become […]
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Hackers found a way to remotely unlock, start, and track millions of Subarus
As long as employees have access to such data, that information is vulnerable to evolving methods of hacking.
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Hugging Face claims its new AI models are the smallest of their kind
A team at AI dev platform Hugging Face has released what they’re claiming are the smallest AI models that can analyze images, short videos, and text. The models, SmolVLM-256M and SmolVLM-500M, are designed to work well on “constrained devices” like laptops with under around 1GB of RAM. The team says that they’re also ideal for […]
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Wednesday, January 22, 2025
WhatsApp wins reprieve in India over user data sharing
An Indian tribunal on Thursday suspended restrictions that would have barred WhatsApp from sharing user data with its parent company Meta, delivering a significant victory for Mark Zuckerberg’s social media empire in its largest market by users. The ruling by the National Company Law Appellate Tribunal temporarily lifts a five-year ban imposed by India’s competition […]
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Neko, the body-scanning startup co-founded by Spotify’s Daniel Ek, snaps up $260M at a $1.8B valuation
Stockholm startup Neko Health has made a big bet on consumers wanting to learn about their state of health and how to prevent things going wrong. Now, investors are making a big bet on Neko. The startup has raised a fresh $260 million in funding, a Series B that values Neko at $1.8 billion post-money, […]
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Someone bought the domain ‘OGOpenAI’ and redirected it to a Chinese AI lab
A software engineer has bought the website “OGOpenAI.com” and redirected it to DeepSeek, a Chinese AI lab that’s been making waves in the open source AI world lately. Software engineer Ananay Arora tells TechCrunch that he bought the domain name for “less than a Chipotle meal,” and that he plans to sell it for more. […]
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