The FBI that alleges Joanna Smith-Griffin, founder of the AI startup AllHere Education, engaged in “securities fraud, wire fraud, and aggravated identity theft in connection with defrauding investors” out of nearly $10 million. The FBI claims she misrepresented her company’s revenue, customer base, and cash to investors from at least November 2020 until June 2024. …
May Mobility to test driverless shuttles in Ann Arbor
May Mobility is slowly advancing its driverless capabilities. The startup this week launched a small-scale deployment of autonomous shuttles, which will drive themselves along a fixed route without a human safety driver present. May will initially deploy one to two autonomous Toyota Sienna minivans to ferry employees and “invited guests” across a 2-square-mile area of …
UK open to social media ban for kids as government kicks off feasibility study
The U.K. government is not ruling out further beefing up of existing online safety rules by adding an technology secretary Peter Kyle has said. Back in the summer, the in the that were perceived to have been fueled by online disinformation following a knife attack that killed three young girls. Since then it’s emerged that …
Chinese AV startup Pony AI boosts its IPO goal to $260M
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 …
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 …