Famed roboticist and iRobot founder Rodney Brooks has raised concerns about a potential investment bubble in humanoid robots. He is not alone in this view. In a recent essay, Brooks points to the billions of venture capital dollars flowing into…
The United Kingdom’s Competition and Markets Authority designated Google with a special status in the market for online search on Friday. This designation enables the regulator to enforce stricter regulations. The CMA has designated Google as having strategic market status…
In a development resulting from the government shutdown, the SEC announced on Thursday that companies can proceed with IPOs using an obscure automatic approval process. This process now includes the added benefit of allowing companies to skip providing pricing information…
Super.money, a financial service platform spun off last year by Walmart-owned Flipkart, has quietly partnered with payments infrastructure firm Juspay. This partnership supports its expansion into direct-to-consumer checkout as it targets one hundred million dollars in annual revenue by 2026.…
Reflection AI, a startup founded just last year by two former Google DeepMind researchers, has raised two billion dollars at an eight billion dollar valuation. This represents a fifteen-fold leap from its five hundred forty-five million dollar valuation just seven…
Microsoft CEO Satya Nadella shared a video on Thursday showcasing his company’s first deployed massive AI system. He referred to it as an AI factory, a term favored by Nvidia, and promised it is the first of many such systems…
Reflection, a startup founded just last year by two former Google DeepMind researchers, has raised two billion dollars at an eight billion dollar valuation. This represents a fifteen-fold leap from its five hundred forty-five million dollar valuation just seven months…
Discord disclosed on Wednesday that around 70,000 users may have had sensitive data exposed, including government ID photos, after hackers breached a third-party vendor. This vendor is used by the platform for handling age-related appeals. A Discord user typically makes…
The rapid adoption of Sora drove a number of App Store scammers to try to get in on the act. Following the launch of OpenAI’s invite-only, video-generating mobile app last week, Apple’s App Store was flooded with fakes that also…
As AI companies mature, the fight for high-quality data has become one of the most competitive areas in the industry. This has launched companies like Mercor and Surge, and most prominently, Alexandr Wang’s Scale AI. With Wang’s recent move to…
