Pony AI, the Chinese autonomous vehicle startup that’s , now wants to raise around $260 million, according to a new regulatory . That’s up from its previous target of around $224 million. To meet the goal, Pony will sell as many as 20 million American depository shares. That’s still down from the much higher target …
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2024
UK crashes out of global top 50 supercomputer ranking
The U.K. no longer has a supercomputer in the top 50, according to new data from the , which ranks the 500 most powerful nondistributed computer systems globally. The country’s current national supercomputer system, , is approaching end-of-life in 2026. According to the latest figures, it’s also now globally, down from 49th and . This …
Tesla We, Robot event: Everything Elon Musk just showed, including the Cybercab, Robovan, and more
Oct 10, 2024 Oct 10, 2024 Anthony Levandowski, the engineer who co-founded Google’s self-driving car program (AKA Waymo) and has gone on to start an , hopped on the phone with me after Tesla’s big robotaxi reveal to share his thoughts. And he is bullish on Elon Musk’s vision for Tesla’s and the world’s future, …
Nvidia’s CEO defends his moat as AI labs change how they improve their AI models
Nvidia raked in more than $19 billion in net income during the last quarter, the on Wednesday, but that did little to assure investors that its rapid growth would continue. On its earnings call, analysts prodded CEO Jensen Huang about how Nvidia would fare if . The method that underpins , or “test-time scaling,” came …
Nvidia’s CEO defends his moat as AI labs change how they improve their AI models
Nvidia raked in more than $19 billion in net income during the last quarter, the on Wednesday, but that did little to assure investors that its rapid growth would continue. On its earnings call, analysts prodded CEO Jensen Huang about how Nvidia would fare if . The method that underpins , or “test-time scaling,” came …
OpenAI accidentally deleted potential evidence in NY Times copyright lawsuit
Lawyers for The New York Times and Daily News, which are OpenAI for allegedly scraping their works to train its AI models without permission, say OpenAI engineers accidentally deleted data potentially relevant to the case. Earlier this fall, OpenAI agreed to provide two dedicated virtual machines so that counsel for The Times and Daily News …
FTX CTO Gary Wang avoids prison time
Not every former top FTX executive is heading to prison. Gary Wang, former FTX chief technical officer, was by U.S. District Judge Lewis Kaplan today. Judge Kaplan praised Wang’s cooperation with federal authorities. Wang testified against former FTX founder and CEO Sam Bankman-Fried at his trial last fall. Wang pleaded guilty to four felony counts …
Meta hires Salesforce’s CEO of AI, Clara Shih, to lead new business AI group
Meta hired Salesforce’s CEO of AI, Clara Shih, to lead a new organization building AI tools for businesses that use Meta’s apps to reach consumers, according to a from Shih on Tuesday. Meta confirmed the appointment and the new Business AI group in a statement to TechCrunch. “I’m thrilled to share today that I’ve joined …
Reddit appears to be back after a 4-hour-long outage
Social media platform Reddit experienced an outage this afternoon at around 12:20 p.m. PT (or possibly even earlier), resulting in thousands of users being unable to access its website and app. After four hours, it appears to be working again. Reddit confirmed it fixed the issue and is monitoring the results, according to its. We …
Snowflake snaps up data management company Datavolo
Cloud giant Snowflake has agreed to acquire , a data pipeline management company, for an undisclosed sum. Snowflake unveiled the deal at the close of the market bell on Wednesday, when it also announced its Q3 2025 earnings. The purchase hasn’t yet closed, and it’s subject to customary closing conditions, Snowflake noted in a . …