Science Corporation’s vision-restoring chip wins EU approval
“The thing that the space needs is a company making $100 million a year of revenue,” Science Corp. CEO Max Hodak said.
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AI | Transportation | Venture
Travis Kalanick’s robotics company raises $1.7B, led by a16z
Uber is also investing in Travis Kalanick’s company Atoms, which has made gauzy claims about using industrial AI to modernize the world.
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How OpenAI’s human mistake led to the AI-powered hack on Hugging Face
OpenAI made a mistake setting up what it called a “highly isolated” testing environment and sandbox. According to cybersecurity experts, that human mistake is what made the AI-powered attack on Hugging Face possible.
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SoundCloud acquires decentralized music platform Nina Protocol months after its shutdown
SoundCloud has acquired decentralized music platform Nina Protocol, months after the startup announced it would shut down. The deal brings Nina’s artists, editorial archive, and music discovery tools to SoundCloud as the company continues expanding its platform for independent musicians.
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Social media addiction lawsuit against Meta is dropped
A closely watched social media addiction lawsuit that had been set to go to trial next week has been dropped after the plaintiff voluntarily dismissed his claims against Meta, leaving none of the major tech companies facing trial in the case.
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Tesla spending skyrockets as Cybercab, Semi, Megapack production timeline slips
Tesla’s 26% boost in revenue wasn’t enough to offset rising operating expenses and capital expenditures as it pushes to launch a new generation of products.
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Treasury threatens sanctions after White House claims Moonshot distilled Anthropic’s Fable
The episode has also intensified a broader debate in Washington over the influx of Chinese open models.
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Google justifies its massive AI spending with a booming cloud business
Google’s cloud business is thriving, as companies adopting its AI and AI infrastructure services help the tech giant to report record profits.
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AI | Enterprise | Hardware
After shocking quarter, IBM insists that AI isn’t killing the mainframe
After IBM’s stock crashed last week on warnings of poor mainframe sales, the CEO explained that AI wrecked corporate hardware budget, temporarily.
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AI | Enterprise | Startups
ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push
ServiceNow’s investment gives BusinessNext a strategic partner to expand its AI-powered banking software globally.
