Tech News

Trends shaping electric vehicles, robotaxis and electric aviation in 2024

Trends shaping electric vehicles, robotaxis and electric aviation in 2024 If there’s one phrase that captures the mood and theme of 2024 – at least in the transportation sector – it’s “business strike.” Legacy automakers have changed direction on their strategy of all-electric vehicles or go bankrupt, startups have pivoted, and some venture capital firms

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Do Kwon, co-founder of Terraform Labs, will face fraud charges in the United States

Do Kwon, co-founder of Terraform Labs, will face fraud charges in the United States Do Kwon, co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the United States to face federal fraud charges, for the first time. I mentioned By Bloomberg. Kwon faces charges in both the United States and South

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A non-profit group is joining Elon Musk’s efforts to prevent OpenAI from becoming profitable

A non-profit group is joining Elon Musk’s efforts to prevent OpenAI from becoming profitable Encode, the nonprofit that co-sponsored California Ominous SB 1047 AI Safety Legislation has requested permission to file an amicus curiae brief in support of Elon Musk Judicial order To stop OpenAI from becoming a for-profit company. In a Proposed summary An

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Bench is shutting down, leaving thousands of businesses without access to accounting and tax documents

Bench is shutting down, leaving thousands of businesses without access to accounting and tax documents Bench, a Canadian-based accounting startup that provides software as a service to small and medium-sized businesses, has abruptly shut down, according to a notice posted on Its website. “We regret to inform you that as of December 27, 2024, the

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Cyberhaven says it was hacked to deploy a malicious update to its Chrome extension

Cyberhaven says it was hacked to deploy a malicious update to its Chrome extension Data loss prevention startup Cyberhaven says hackers deployed a malicious update to their Chrome extension that was able to steal customers’ passwords and session tokens, according to an email sent to affected customers, who may have been victims of this suspected

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Microsoft and OpenAI have a financial definition for AGI: reporting

Microsoft and OpenAI have a financial definition for AGI: reporting Microsoft and OpenAI have a very specific internal definition of artificial general intelligence (AGI) based on the startup’s profits, according to a new report from Information. By this definition, OpenAI is still many years away from achieving this. The two companies reportedly signed an agreement

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DeepSeek’s new AI model appears to be one of the best “open” contenders yet

DeepSeek’s new AI model appears to be one of the best “open” contenders yet A Chinese laboratory has created what appears to be one of the most powerful “open” AI models to date. model, Deep Sec V3It was developed by artificial intelligence firm DeepSeek and released on Wednesday under a permissive license that allows developers

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