Attorneys for Elon Musk intend to move to dismiss a case that accuses the Tesla CEO, who is also the head of President Donald Trump’s DOGE organization, of using AI-generated, copyright-violating “Blade Runner”-inspired images at a Tesla press event. In a filing submitted to the U.S. District Court Central District of California, Western Division late […]
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Google Search is in the midst of a “journey” around AI, Google CEO Sundar Pichai said during the company’s earnings call on Tuesday. The start of that journey was AI overviews, a controversial and monumental shift in how Google delivers information to billions of Search users. But that was just the beginning. “As AI continues […]
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Cashfree, an Indian payments startup that facilitates and processes more than $80 billion for its customers each year, has raised $53 million in a new round of funding as it gears up to deepen its presence in some international markets. Krafton, maker of sleeper hit titles such as PUBG and BGMI, led Cashfree’s Series C […]
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Brightpick, a maker of autonomous mobile robots, on Tuesday announced a lofty addition to its current line. The appropriately named Giraffe system is notable for its large, retractable platform capable of reaching up to 20 feet (6 meters) in height to pick items from warehouse shelves. It’s a novel approach to warehouses with ceilings well […]
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Alphabet is shrugging off concerns sparked by DeepSeek over AI spending, boosting its capital expenditures to a whopping $75 billion.
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On a clear spring evening in Michigan, the stars aligned — just not in the way Upfront Ventures partner Nick Kim expected. He’d just led a $9.5 million seed round for OurSky, a software platform for space observational data, and was eager to see what its telescope partner PlaneWave Instruments could do. But when they […]
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During Snap’s fourth-quarter earnings call on Tuesday, CEO Evan Spiegel said that the uncertainty surrounding TikTok’s future has positively affected its business. “We’re not trying to draw too many conclusions from some of the engagement lift we saw when [TikTok] went dark for that brief period of time. I would say that the overall environment […]
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AMD says that it plans to launch its next major data center GPUs, the AMD Instinct MI350 series, sooner than originally announced. During the company’s Q4 2024 earnings call Tuesday, AMD CEO Lisa Su said AMD plans to sample the MI350 with “lead customers” this quarter, and “accelerate” production shipments to “mid-year.” “So, we had […]
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Powerhouse venture firm Andreessen Horowitz has hired Daniel Penny as an investor, its webpage confirms. Penny is the former Marine who was tried last year and found not guilty of criminally negligent homicide in the death of a homeless man on a New York City subway. After the man acted erratically, Penny held him in […]
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As a university student, Dalton Signor was troubled by how many people around him smoked or vaped, including his grandmother and 14-year-old sister. Signor (pictured center) felt that existing smoking cessation medicines, whether patches, gums, or lozenges, are not very effective because they take too long to start working. “They take about 30 minutes to […]
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Cruise is laying off 50% of its workforce as the robotaxi program ends.
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Four years after accidentally launching a VC firm, GTMfund founder Max Altschuler has raised a second oversubscribed $54 million fund.
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Thomas Shedd, the former Tesla engineer now serving as the director of Technology Transformation Services, reportedly outlined an “AI-first strategy” for the U.S. government department. According to a report from Wired citing multiple sources, the Musk ally described the plan to run the office like a “startup software company” during a Monday meeting. The New […]
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Swiss startup LogicStar is bent on joining the AI agent game. The summer 2024-founded startup has bagged $3 million in pre-seed funding to bring tools to the developer market that can do autonomous maintenance of software applications, rather than the more typical AI agent use-case of code co-development. LogicStar CEO and co-founder Boris Paskalev suggests […]
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On Tuesday morning, Spotify announced its fourth-quarter earnings, marking its first full year of profitability since its inception 17 years ago. The operating income for the quarter reached a record €477 million ($509.48 million) and amounted to €1.4 billion ($1.495 billion) for the 2024 fiscal year. Spotify also reported an addition of 35 million monthly […]
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