Travis Kalanick, the former CEO of Uber, made it clear on Wednesday: he believes the company’s decision to abandon its autonomous driving program was a mistake. Said Kalanick at the Abundance Summit in L.A., “Look, [new management] killed the autonomous car project we had going on. At the time, we were really only behind Waymo […]
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Semiconductor giant Intel hired semiconductor veteran Lip-Bu Tan to be its new CEO. This news comes three months after Pat Gelsinger retired and stepped down from the company’s board, with Intel CFO David Zinsner and executive vice president of client relations Michelle Johnston Holthaus stepping in as co-CEOs. Tan, who was most recently the CEO […]
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Meet the DOGE staffers and senior advisors in Elon Musk's inner circle, and how they got there.
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Since Donald Trump Jr. joined VC firm 1789 Capital after his father won the election, he’s been busy monetizing the Make America Great Again (MAGA) ecosystem. He’s been making bets in media, pharmaceutical, guns, and crypto while pushing against environmental, social, and governance (ESG) and diversity, equity, and inclusion (DEI), the Financial Times reported. The […]
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Back in 2010, Rackspace and NASA launched a project called OpenStack, which was meant to become an open-source option for running an AWS-style cloud inside of private data centers. The two companies then moved OpenStack to the OpenStack Foundation, which has steadfastly shepherded the project through its many ups and downs. Right now, with the […]
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Back in 2019, Microsoft open-sourced Dapr, a new runtime for making building distributed microservice-based applications easier. At the time, nobody was talking about AI agents yet, but as it turns out, Dapr had some of the fundamental building blocks for supporting AI agents built-in from the outset. That’s because one of Dapr’s core features is […]
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Japanese startup Sakana said that its AI generated the first peer-reviewed scientific publication. But while the claim isn’t untrue, there are significant caveats to note. The debate swirling around AI and its role in the scientific process grows fiercer by the day. Many researchers don’t believe AI is quite ready to serve as a “co-scientist,” […]
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Los Angeles-based startup Moonvalley has launched an AI video-generating model it claims is one of the few trained on openly licensed — not copyrighted — data. Named “Marey” after cinema trailblazer Étienne-Jules Marey, the model was built in collaboration with Asteria, a newer AI animation studio. Marey was trained on “owned or fully licensed” source […]
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Reliance Jio has partnered with SpaceX to offer Starlink to its customers in India just hours after Airtel's partnership.
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A ransomware gang has leaked internal Tata Technologies data, a month after the company confirmed a ransomware attack.
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Spotify on Tuesday released its annual Loud & Clear report, detailing information about the music streaming service’s royalty payments. While Spotify revealed earlier this year that it paid out $10 billion to the music industry in 2024, the new report offers more in-depth numbers about its payments in an effort to dispel reports that the company […]
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Anthropic, a San Francisco startup often cast as an independent player in the AI race, has deeper ties to Google than previously known. Court documents recently obtained by The New York Times reveal that Google owns a 14% stake in the company and is set to pour another $750 million into it this year through […]
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Meta is reportedly testing an in-house chip for training AI systems, a part of a strategy to reduce its reliance on hardware makers like Nvidia. According to Reuters, Meta’s chip, which is designed to handle AI-specific workloads, was manufactured in partnership with Taiwan-based firm TSMC. The company is piloting a “small deployment” of the chip […]
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The intersection of robotics and AI continues to attract attention from investors and Big Tech alike. The latest indicator? Dexterity, a startup specializing in industrial robots with “human-like” finesse, has raised $95 million at a post-money valuation of $1.65 billion, per Bloomberg. The investment, which includes backing from Lightspeed Venture Partners and Sumitomo Corp., highlights […]
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Flower Labs, a Y Combinator-backed startup, on Tuesday launched a preview of its distributed cloud platform for serving AI models, called Flower Intelligence. Mozilla is already using it to power the upcoming Assist summarization add-on for its Thunderbird email client. What makes Flower Intelligence unique, Flower Labs said in a post on X, is that […]
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