We all know headphones can be bad for your hearing if you listen to sounds too loudly in such close proximity to your ears. But a BBC report suggests that a new health scare could be emerging around the noise-canceling feature that’s hugely popular in modern earphones. The article considers whether the technology could essentially…
Category: In Brief
AI, Elon Musk, Funding, Fundraising, Global IT News, Global Security News, In Brief, report, rumor, startup, Startups, xAI
Elon Musk’s AI company, xAI, said to be in talks to raise $10B
Elon Musk’s AI company, xAI, is said to be in talks to raise $10 billion in a round that would value xAI at $75 billion. Bloomberg reported Friday that xAI is canvassing existing investors, including Sequoia Capital, Andreessen Horowitz, and Valor Equity Partners for the round, which would bring xAI’s total raised to $22.4 billion,…
AI, Global IT News, Global Security News, Hardware, In Brief, Meta, report, robotics, rumor
Meta’s next big bet may be humanoid robotics
Meta is forming a new team within its Reality Labs hardware division to build robots that can assist with physical tasks, Bloomberg reported. The team will be responsible for developing humanoid robotics hardware, potentially including hardware that can perform household chores. Meta’s new robotics group, which will be led by Marc Whitten, driverless car startup…
AI, eu ai deregulation, eu ai liability act, eu ai regulation, Europe, Global Security News, Government & Policy, In Brief
Europe denies dropping AI liability rules under pressure from Trump
The European Union has denied that recent moves to row back on some planned tech regulation — principally by ditching the AI Liability Directive, a 2022 draft law which had been aimed at making it easier for consumers to sue over harms caused by AI-enabled products and services — were made in response to pressure…
AI, ARM, Artificial Intelligence, chips, Enterprise, Global IT News, Global Security News, Hardware, In Brief, Meta, semiconductors, Softbank
Arm is launching its own chip this year with Meta as a customer
Public semiconductor company Arm will start making its own chips this year after landing a high-profile enterprise customer. Arm, which is majorly owned by SoftBank, will start making its own chips now that Meta has signed on as a customer, according to the Financial Times. The chip is expected to be a CPU for servers…
AI, Anthropic, Global IT News, Global Security News, In Brief, reasoning model, report, rumor
Anthropic’s next major AI model could arrive within weeks
AI startup Anthropic is gearing up to release its next major AI model, according to a report Thursday from The Information. The report describes Anthropic’s upcoming model as a “hybrid” model that can switch between “deep reasoning” and fast responses. The company will reportedly introduce a “sliding scale” alongside the model to allow developers to…
Commerce, DSA, Europe, Global Security News, Government & Policy, In Brief, Social
EU’s Disinformation Code moves closer to becoming DSA benchmark
Staying on the right side of the European Union’s online rulebook when it comes to the slippery topic of disinformation is set to get easier for platforms that commit to the bloc’s long-standing Code of Practice on Disinformation. You know, the voluntary Code that Elon Musk pulled X (formerly Twitter) out of back in 2023.…
acquisition, AI, ai accelerator chip, AI chip, Funding, FuriosaAI, Global IT News, Global Security News, Hardware, In Brief, Meta, report, rumor
Report: Meta in talks to acquire AI chip firm FuriosaAI
Meta is reportedly in talks to acquire a South Korean chip firm as the social media giant looks to bolster its AI hardware infrastructure. Meta may announce its intent to purchase FuriosaAI, a chip startup founded by former Samsung and AMD employees, as soon as this month, per Forbes. FuriosaAI develops chips that speed up…
AI, Elon Musk, Global IT News, Global Security News, In Brief, openai, sam altman
OpenAI CEO Sam Altman calls Musk’s bid an attempt to ‘slow us down’
In an interview at the AI Action Summit in Paris on Tuesday, OpenAI CEO Sam Altman dismissed Elon Musk’s unsolicited $97.4 billion bid for OpenAI’s nonprofit as “an attempt to slow [OpenAI] down.” “[Musk] obviously is a competitor,” Altman said. “He’s raised a lot of money for [his AI company] xAI, and they’re trying to…
AI, ChatGPT, deepseek, distillation, Global Security News, Government & Policy, In Brief, openai
OpenAI spoke to government officials about its DeepSeek probe
OpenAI says it has spoken to government officials about its ongoing investigation into DeepSeek. The ChatGPT-maker previously claimed to have evidence that DeepSeek trained its AI models using improperly obtained data from OpenAI’s API. During a Bloomberg TV interview on Monday, OpenAI’s chief global affairs officer, Chris Lehane, said the company has talked with government…
AI, Art, auction, christie's, generative ai, Global IT News, Global Security News, In Brief, Media & Entertainment
Christie’s announces AI art auction, and not everyone is pleased
Fine art auction house, Christie’s, has sold AI-generated art before. But soon, it plans to hold its first show dedicated solely to works created with AI, an announcement that has been met with mixed reviews. The auction, which Christie’s is calling ‘Augmented Intelligence,’ will feature artwork from artists including Mat Dryhurst, the founder of AI…
AI, generative ai, Germany, Global IT News, Global Security News, In Brief, munich, Office, openai
OpenAI plans to open an office in Germany
OpenAI is expanding its footprint to Germany. According to a press release issued Friday, the ChatGPT maker plans to open an office in Munich in the coming months. “Germany is renowned for its technical expertise, academic excellence, and industrial innovation,” OpenAI CEO Sam Altman in a statement. “Opening our first office in Germany means we…
AI, Funding, Global IT News, Global Security News, Ilya Sutskever, In Brief, report, safe superintelligence, startup, Startups
Report: Ilya Sutskever’s startup in talks to fundraise at roughly $20B valuation
Safe Superintelligence, the AI startup founded by former OpenAI chief scientist Ilya Sutskever, is in talks to raise funding at a valuation of “at least” $20 billion, according to Reuters. It’s not clear how much Safe Superintelligence — which has yet to generate any revenue — is looking to secure, but it could be substantial.…
AI, Anthropic, Global IT News, Global Security News, In Brief, john schulman, Mira Murati, openai, startup
Report: OpenAI’s ex-CTO, Mira Murati, has recruited OpenAI co-founder John Schulman
OpenAI co-founder John Schulman, who left AI company Anthropic earlier this week after a mere five months, is reportedly joining former OpenAI CTO Mira Murati’s secretive new startup, per Fortune. It’s not clear what Schulman’s role there will be. Fortune wasn’t able to learn that information, and Murati has been tight-lipped about the venture since…
AI, Anthropic, ChatGPT, Global IT News, Global Security News, In Brief, john schulman, openai, researcher
OpenAI co-founder John Schulman leaves Anthropic after just five months
OpenAI co-founder and prominent AI researcher John Schulman has left Anthropic after five months, according to multiple reports. Credited as one of the leading architects of ChatGPT, Schulman left OpenAI last August for its direct competitor, Anthropic. He posted about the decision on X, saying it stemmed from a desire to deepen his focus on AI alignment…
Biotech & Health, Climate, cultivated meat, Global IT News, Global Security News, In Brief, lab grown meat, meatly, Startups
First lab-grown meat treats go on sale in the UK — for dogs
Cultivated chicken doggie snacks have gone on sale at a U.K. pet food retailer, Pets at Home. The retailer also happens to be a major investor in Meatly, the startup producing the meat ingredient contained in dog food brand The Pack’s Chick Bites, as the slaughter-free, low carbon treats are billed. (Other ingredients in the…
AI, Alexa, Amazon, Gadgets, generative ai, Global IT News, Global Security News, Hardware, In Brief
Amazon reportedly gears up to release next-gen Alexa
Amazon may be gearing up to release a next-gen, AI-powered Alexa experience, according to Reuters. Per the outlet’s report, Amazon plans to preview an upgraded version of Alexa, the company’s smart home assistant that runs on a number of first- and third-party devices, at an event on February 26. The revamped Alexa is said to…
AI, ai safety, defense, Global IT News, Global Security News, Google, Government & Policy, In Brief
Google removes pledge to not use AI for weapons from website
Google removed a pledge to not build AI for weapons or surveillance from its website this week. The change was first spotted by Bloomberg. The company appears to have updated its public AI principles page, erasing a section titled “applications we will not pursue,” which was still included as recently as last week. Asked for…
AI, Funding, Fundraising, generative ai, Global IT News, Global Security News, In Brief, openai, report, startup, Startups
OpenAI said to be in talks to raise $40B at a $340B valuation
OpenAI may have billions of dollars in the bank. But it’s gearing up to raise billions more, according to a report from The Wall Street Journal. Per The WSJ, OpenAI is in talks to secure up to $40 billion in a funding round that would value the startup at $340 billion. SoftBank would lead the…
antitrust, Department of Justice, doj, Enterprise, Global IT News, Global Security News, Government, Government & Policy, HPE, In Brief, Juniper, Juniper Networks, Justice Department, lawsuit
US Justice Department sues to block HPE’s $14B acquisition of Juniper Networks
U.S. prosecutors are seeking to block the deal citing antitrust concerns. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, generative ai, Global IT News, Global Security News, Government, Government & Policy, In Brief, national defense, national security, nuclear weapons, openai, us, us national labs
OpenAI will offer its tech to US national labs for nuclear weapons research
OpenAI says it plans to let U.S. National Laboratories, the Department of Energy’s network of R&D labs, use its AI models for nuclear weapons security and other scientific projects. Per CNBC, OpenAI will work with Microsoft, its lead investor, to deploy a model on the supercomputer at Los Alamos National Laboratory. The model will be a…
AI, copyright, generative ai, Global IT News, Global Security News, Government, Government & Policy, In Brief, ip, report, U.S. Copyright Office
AI creations edited by humans can likely be copyrighted in US, agency says
In the U.S., AI-generated creations — books, movies, and so forth— that have been edited by a human can likely be copyrighted, but those without any human modifications or additions cannot. That’s according to a report published by the U.S. Copyright Office (USCO) on Wednesday, which outlined scenarios in which AI-generated content might be eligible…
AI, ai czar, david sacks, deepseek, Global IT News, Global Security News, Government, Government & Policy, In Brief, IP theft, openai
David Sacks claims there’s ‘substantial evidence’ that DeepSeek used OpenAI’s models to train its own
David Sacks, Trump’s AI and crypto “czar,” said in an interview on Fox on Tuesday that there’s “substantial evidence” that Chinese AI company DeepSeek “distilled” knowledge from OpenAI’s AI models, a process that Sacks compared to theft. Sacks, who didn’t cite the source of this “evidence,” suggested that DeepSeek used responses from OpenAI models to…
AI, Eric Schmidt, Global Security News, Government & Policy, In Brief, open source ai
Eric Schmidt says DeepSeek marks a ‘turning point’ for the global AI race
Former Google CEO Eric Schmidt called for the United States to ramp up open-source AI efforts to address the rise of DeepSeek in a Washington Post op-ed published Tuesday. Just last year, Schmidt said America was two or three years ahead of China. But DeepSeek’s rise marks “a turning point” for the global AI race,…
AI, deepseek, Global IT News, Global Security News, In Brief, liang wenfeng
Who is Liang Wenfeng? DeepSeek founder comes from AI investing
DeepSeek, a Chinese AI lab, has Silicon Valley reeling with its R1 reasoning model, which it claims uses far less computing power than those of American AI leaders — and, it’s open source. The DeepSeek app has shot to the top of the App Store charts this week, dethroning ChatGPT. But who is Liang Wenfeng,…
Apps, Global IT News, Global Security News, In Brief, robotaxi, Transportation, Waymo
Waymo is reportedly building a charity ‘tipping’ feature into its robotaxi app
Alphabet-owned autonomous vehicle company Waymo might be planning to test a feature that will allow robotaxi riders to add a “tip” that will go to the charity of their choice after a ride. Jane Manchun Wong, a security researcher who recently hacked the display dome on top of a Waymo vehicle, found the new tip…
AI, Asia Pacific, ChatGPT, chatgpt gov, Global Security News, Government, Government & Policy, In Brief, openai, Security
OpenAI launches ChatGPT plan for U.S. government agencies
In a week dominated by headlines about China’s growing AI competitiveness, OpenAI has launched ChatGPT Gov. The new version of the AI-powered chatbot platform is designed to provide U.S. government agencies an additional way to access the tech. ChatGPT Gov includes many of the capabilities found in OpenAI’s corporate-focused tier, ChatGPT Enterprise. Using the platform, agencies…
AI, CAPEX, generative ai, Global IT News, Global Security News, In Brief, investment, Mark Zuckerberg, report
Mark Zuckerberg says Meta will have 1.3M GPUs for AI by year-end
Meta CEO Mark Zuckerberg said that the company plans to significantly up its capital expenditures this year as it aims to keep pace with rivals in the cutthroat AI space. In a Facebook post Friday, Zuckerberg said that Meta expects to spend $60 billion-$80 billion on capex in 2025, primarily on data centers and growing…
AI, data centers, Donald Trump, Global IT News, Global Security News, Government & Policy, In Brief, mgx, openai, oracle, president donald trump, president trump, Softbank, stargate, Trump, Venture
OpenAI’s Stargate project reportedly doesn’t have the money it needs
Stargate — the massive infrastructure project to build data centers for OpenAI in the U.S. — lacks a fully developed plan and hasn’t secured funding yet, according to a report from the Financial Times. Backed by OpenAI, SoftBank, Middle East AI fund MGX, and others, Stargate would funnel around $100 billion — and upward of…
Apple, Apps, CarPlay, CarPlay 2, Global IT News, Global Security News, In Brief, Transportation
Apple admits next-gen CarPlay is late, but still in development
Though Apple rarely misses self-imposed deadlines, it’s done so with the next-generation CarPlay. The company originally teased the update back in 2022. With this new version, CarPlay will integrate seamlessly with the instrument cluster to provide information on speed, climate control, and other car data. Apple had promised an initial rollout for a limit set…
AI, Benchmark, benchmarking, generative ai, Global IT News, Global Security News, In Brief
Even some of the best AI can’t beat this new benchmark
The nonprofit Center for AI Safety (CAIS) and Scale AI, a company that provides a number of data labeling and AI development services, have released a challenging new benchmark for frontier AI systems. The benchmark, called Humanity’s Last Exam, includes thousands of crowdsourced questions touching on subjects like mathematics, humanities, and the natural sciences. To make…
AI, data centers, datacenters, generative ai, Global IT News, Global Security News, In Brief, Infrastructure, mgx, openai, report, Softbank, stargate
OpenAI and SoftBank are reportedly putting $19B each into Stargate
We may now know roughly how much money SoftBank and OpenAI are contributing toward Stargate, the massive infrastructure project to build data centers for OpenAI across the U.S. SoftBank and OpenAI each plans to commit $19 billion of capital to Stargate, according to The Information. The two companies would then both own 40% of the…
AI, Anthropic, Funding, Fundraising, generative ai, Global IT News, Global Security News, Google, In Brief, report, startup
Anthropic reportedly secures an additional $1B from Google
Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year. First reported by the Financial Times, Google’s fresh investment brings the tech giant’s total stake in Anthropic to around $3 billion. Google poured $2 billion into Anthropic late last year. Anthropic,…
Global IT News, Global Security News, Government & Policy, In Brief, silk road, TC, Trump
Trump pardons Silk Road creator Ross Ulbricht
President Trump on Tuesday pardoned Ross Ulbricht, the creator of the infamous dark web exchange Silk Road, which was best known as a once-thriving online marketplace for illegal drugs. Trump announced the news in a Truth Social post, saying the pardon was in honor of Ulbricht’s mother and the Libertarian movement. In 2015, a federal…
Commerce, Fintech, Global IT News, Global Security News, In Brief, Layoffs, stripe
Stripe is laying off 300 people, but says it still plans to hire in 2025
Fintech giant Stripe is laying off 300 people, according to a leaked memo reported on Tuesday by Business Insider. The affected employees are “largely in product, engineering, and operations roles,” the memo said. Despite the layoffs, Chief People Officer Rob McIntosh said that Stripe intends to still grow its headcount by 17% “to land at…
AI, Anthropic, Apps, Claude, dario amodei, davos, generative ai, Global IT News, Global Security News, In Brief, World Economic Forum
Anthropic plans to release a ‘two-way’ voice mode for Claude
Anthropic CEO Dario Amodei says that the company plans to release a “two-way” voice mode for its chatbot, Claude, as well as a memory feature that lets Claude remember more about users and past conversations. Speaking to The Wall Street Journal at the World Economic Forum at Davos, Amodei also revealed that Anthropic expects to…
AI, Asia Pacific, davos, generative ai, Global Security News, In Brief, IPO, mistral, startup, Startups, Venture, World Economic Forum
Mistral AI plans IPO
French AI lab, Mistral, is working toward an initial public offering, co-founder and CEO Arthur Mensch said Tuesday in an interview with Bloomberg at the World Economic Forum in Davos. Mistral is “not for sale,” Mensch said, adding that the company plans to open an office in Singapore to focus on the Asia-Pacific region and…
App, consumer, Donald Trump, Executive order, Global IT News, Global Security News, In Brief, president donald trump, Social, social media, TikTok, Trump
Trump signs exec order, delaying TikTok enforcement action for 75 days
President Donald Trump has signed an executive order aimed at restoring TikTok service in the U.S. The order instructs relevant government agencies to “pursue a resolution” that “protects national security” while “saving [TikTok.]” Via the order, Trump is instructing the U.S. Attorney General not to take any action for 75 days to enforce the Protecting…
AI, AI executive order, AI policy, Biden, Donald Trump, former president joe biden, Global IT News, Global Security News, Government, Government & Policy, In Brief, Policy, president trump
President Trump repeals Biden’s AI executive order
During his first day in office, President Donald Trump revoked a 2023 executive order signed by former President Joe Biden that sought to reduce the potential risks AI poses to consumers, workers, and national security. Biden’s executive order directed the Commerce Department’s National Institute of Standards and Technology (NIST) to author guidance that helps companies…
AI, Amazon, Amazon Prime Air, crash, drone delivery, drones, Global IT News, Global Security News, In Brief, Prime Air, Transportation
Amazon suspends US drone deliveries following crash at testing facility
Amazon has paused testing of its delivery drones following a crash involving two of its models, according to Bloomberg. It’s the latest setback for Amazon’s beleaguered Prime Air program, which aims to deliver around 500 million packages a year to customers by the end of the decade. Bloomberg reports two Amazon drones crashed in rainy…
AI, ai models, Biotech & Health, ChatGPT, Global IT News, Global Security News, human longevity, In Brief, openai, TC
OpenAI is trying to extend human life, with help from a longevity startup
OpenAI says it trained a new AI model called GPT-4b micro with Retro Biosciences, a longevity science startup trying to extend the human lifespan by 10 years, according to the MIT Technology Review. Retro, which is backed by Sam Altman, has been working with OpenAI for roughly a year on this research, according to the…
Europe, Germany, Global Security News, Government & Policy, In Brief, Social, Twitter, X
Europe orders Elon Musk’s X to submit documents on its recommendation algorithms
The European Commission (EC) says it has requested information from Elon Musk’s X related to the algorithms that determine the content it recommends to users. The EC wants to determine how those algorithms may or may not be compliant with the Digital Services Act (DSA), which imposes key obligations on online platforms operating across the…
Elon Musk, Global Security News, Government & Policy, In Brief, musk, North America, Social, TikTok, TikTok Ban
China is reportedly open to Elon Musk acquiring TikTok US
Chinese government officials have reportedly discussed a scenario where ByteDance sells TikTok’s United States arm to Elon Musk, should the Supreme Court uphold the law banning the app on January 19. Bloomberg reports that China would strongly prefer for TikTok to stay under ByteDance’s ownership, but says government officials have considered a sale to Musk…
.org, AI, Enterprise, Global Security News, In Brief, Microsoft, reorg, team
Microsoft forms new internal dev-focused AI org
Microsoft has created a new engineering org aimed at accelerating AI infrastructure and software development within the company. According to Bloomberg, Jay Parikh, previously VP and global head of engineering at Meta, will lead the new division. He’ll report to Microsoft CEO Satya Nadella, and oversee groups including the company’s AI platform and developer teams.…
Global IT News, Global Security News, In Brief, Larry Page, Venture, Y Combinator
Y Combinator scored a surprise win when Larry Page came to speak
Y Combinator is maybe only two-degrees of separation from anyone in tech. Even Larry Page. © 2024 TechCrunch. All rights reserved. For personal use only.
connected devices, Cybersecurity, Global IT News, Global Security News, Government, Hardware, In Brief, IoT, Security, smart devices, u.s., U.S. government, White House
The U.S. has a new cybersecurity safety label for smart devices
The White House this week announced a new label for internet-connected devices, the U.S. Cyber Trust Mark, intended to help consumers make more-informed decisions about the cybersecurity of products they bring into their homes. To earn the U.S. Cyber Trust Mark, which is being administered by the Federal Communications Commission, companies have to test their…
AI, Anthropic, Funding, Fundraising, Global IT News, Global Security News, In Brief
Anthropic reportedly in talks to raise $2B at $60B valuation, led by Lightspeed
OpenAI rival Anthropic is in talks to raise $2 billion in new capital in a funding round led by Lightspeed Venture Partners, according to The Wall Street Journal. The round, which The Journal reports would value Anthropic at $60 billion, would bring Anthropic’s total raised to $15.7 billion, going by Crunchbase’s data. It would also…
Commerce, Global IT News, Global Security News, grubhub, In Brief, just eat takeaway, wonder
Just Eat Takeaway completes Grubhub sale to Wonder for a modest $650M
After looking for a buyer for more than two years, Just Eat Takeaway.com has finally closed the menu on Grubhub. On Tuesday, the Dutch food delivery giant said it completed the sale of the U.S. business to Wonder, the food startup founded and led by e-commerce veteran Marc Lore. The deal has an enterprise value…
CES, Dell, Global IT News, Global Security News, Hardware, In Brief, XPS
Goodbye, Dell XPS
In a bid to streamline, Dell is dropping some of its most iconic laptop brands. At CES 2025 on Monday, the PC company announced that XPS, Inspiron, and Latitude are moving to a farm upstate. In their stead come Dell, Dell Pro, and Dell Pro Max. The move is a bid to create “unified branding”…
AI, CMA, Competition and Markets Authority, Global IT News, Global Security News, Government & Policy, In Brief
UK uses AI to tackle ‘bid-rigging’ collusion in public procurement contracts
The U.K’s competition authority already has a lot on its plate in terms of tackling Big Tech’s growing reach across the technological spectrum, but closer to home it’s dealing with a different kind of anti-competitive threat — one it reckons AI is well-equipped to address. As per a Financial Times’ report this week, the Competition…
AI, controversy, firing, Global IT News, Global Security News, In Brief, interview, openai, sam altman
Sam Altman has choice words for the OpenAI board members who fired him
OpenAI CEO Sam Altman has strong words for the former board members who abruptly fired him late last November. “[A]ll those people that I feel, like, really f—ed me and f—ed the company were gone, and now I had to clean up their mess,” he told Bloomberg in a wide-ranging interview. Just over a year…
Global IT News, Global Security News, In Brief, Tesla Cybertruck, Transportation, turo
Turo taps national security and counterterrorism experts after Cybertruck explosion
Two individuals rented cars from Turo, a peer-to-peer car-sharing platform, and used them to perform acts of violence earlier this week. First, a military veteran driving a Ford F-150 Lightning drove into a crowd of people, killing at least 15. Then, an active-duty Green Beret rented a Tesla Cybertruck, parked it in front of the…
acquisition, AI, ai infrastructure, Global IT News, Global Security News, Hardware, In Brief, Merger, nvidia, Run:AI, Startups
Nvidia completes acquisition of AI infrastructure startup Run:ai
Nvidia has completed its acquisition of Run:ai, an Israeli startup that helps manage and optimize AI hardware infrastructure. As part of the merger, Run:ai said its software, which currently only works with Nvidia products, will be open sourced, meaning Nvidia rivals like AMD and Intel will be able to adapt it for their hardware. “We…
acquisition, antitrust, Cloud, CMA, Competition and Markets Authority, Enterprise, FTC, Global IT News, Global Security News, HashiCorp, IBM, In Brief, investigation, Merger, Software, takeover, uk
UK antitrust watchdog launches review of IBM’s HashiCorp takeover
The Competition and Markets Authority, the U.K.’s antitrust watchdog, has opened an investigation into whether IBM’s planned acquisition of cloud software vendor HashiCorp would affect competition. The CMA said Monday it was inviting comment on the merger from interested parties by January 16. The regulator set a provisional February 25 deadline to decide whether to…
blockchain, crime, criminal, Crypto, CryptoCurrency, Do Kwon, extradition, fraud, Global IT News, Global Security News, In Brief, Terraform, Terraform Labs
Terraform Labs co-founder Do Kwon will face fraud charges in the U.S.
Do Kwon, the co-founder of collapsed cryptocurrency startup Terraform Labs, will be extradited from Montenegro to the U.S. to face federal fraud charges, as first reported by Bloomberg. Kwon faces charges in both the U.S. and South Korea; Terraform Labs’ TerraUSD and Luna cryptocurrencies crashed in 2022, causing investors to lose over $40 billion. Terraform…
AGI, AI, ChatGPT, Global IT News, Global Security News, In Brief, Microsoft, openai, TC
Microsoft and OpenAI have a financial definition of AGI: report
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 The Information. And by this definition, OpenAI is many years away from reaching it. The two companies reportedly signed an agreement last year stating OpenAI has only achieved AGI when…
AI, Global IT News, Global Security News, humanoid, In Brief, openai, robotics
OpenAI ‘considered’ building a humanoid robot: report
OpenAI has recently explored building its own humanoid robot, according to The Information. The report cites “two people with direct knowledge” of those conversations. The ChatGPT maker has been involved in the space for some time now, by way of financial backing. It has thus far invested in Figure and 1X, along with the “general…
Global IT News, Global Security News, Google, Google Maps, In Brief, Transportation, west bank, Wired
An investigation finds that Google Maps fails users in the West Bank
A Wired investigation found that Google Maps can be near impossible to use in the West Bank, especially since the start of the war. Users told the publication that the navigation app would direct them into walls, fail to account for time-consuming checkpoints, or steer them onto restricted roads leading to Israeli settlements, which can…
AI, ai-powered search, Funding, Fundraising, generative ai, Global IT News, Global Security News, In Brief, Perplexity, report, rumor, Search, startup, Startups
Perplexity has reportedly closed a $500M funding round
AI-powered search engine Perplexity has reportedly closed a $500 million funding round, valuing the startup at $9 billion. Bloomberg, citing sources familiar, reports that the round was led by Institutional Venture Partners, and that it closed earlier in December. In an email to TechCrunch, a Perplexity spokesperson declined to comment. The mammoth tranche comes as…
dma apple vs meta, dma interoperability, Europe, Global Security News, Government & Policy, In Brief, privacy, Social
Apple and Meta go to war over interoperability vs. privacy
Apple and Meta are warring in Europe over the balance between interoperability and privacy, Reuters reports. The fight focuses on the European Union’s Digital Markets Act (DMA), a competition regulation that requires designated gatekeepers (including Apple and Meta) not to restrict rivals’ access to so-called core platform services. In Apple’s case, this means: iOS, iPadOS,…
electric vehicles, EVs, Global IT News, Global Security News, In Brief, Rivian, Transportation
Rivian EVs finally get YouTube, Google Cast, and SiriusXM
Rivian has released a new software update to its vehicles that brings some long-awaited apps to its in-vehicle experience. Owners who update their R1S SUV or R1T pickup truck can now use YouTube (while parked) or SiriusXM (with a subscription). The company is also adding Google Cast functionality. That also can only be used while…
Bluesky, Data Privacy, Global IT News, Global Security News, In Brief, social media startups, Venture
With 25M users, Bluesky gets a $1M fund to take on social media and AI
The fund will offer grants to those building on BlueSky’s open source AT Protocol. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, Global IT News, Global Security News, In Brief, nonprofit, openai, report
OpenAI may pay its nonprofit arm ‘billions of dollars’ in conversion to for-profit
OpenAI’s transition away from a for-profit corporation that’s governed by a nonprofit board is well underway — and the nonprofit could be compensated royally for it. That’s according to The New York Times, which reports that OpenAI is in discussions to pay the nonprofit billions of dollars for it to cede control. There’s pressure to…
Europe, Global Security News, In Brief, Media & Entertainment, netflix gdpr, noyb netflix, privacy
Five years later… Netflix hit with Dutch data access fine
Five years later sounds like a half-baked sequel to a well-known zombie flick franchise. But it’s a reference to how long it’s taken a data access complaint against Netflix to deliver a penalty decision in the European Union. The fine that’s — finally — been issued under the bloc’s General Data Protection Regulation (GDPR) is…
Apps, Federal Trade Commission, FTC, Global IT News, Global Security News, Government & Policy, grubhub, In Brief
Grubhub to pay $25M for ‘deceptive’ practices against customers, drivers
Grubhub will pay $25 million to settle a lawsuit from the Federal Trade Commission and Illinois Attorney General Kwame Raoul over unlawful practices, including misleading customers about delivery costs, deceiving drivers about potential earnings, and listing restaurants on its platform without their permission. The agencies claim that Grubhub hid the true cost of its delivery…
AI, Big Data, big data analytics, data, Databricks, Enterprise, Funding, Fundraising, Global Security News, In Brief
Databricks raises $10B as it barrels toward an IPO
Databricks, the data analytics platform, has raised $10 billion in a funding round that values the company at $62 billion (up from $43 billion). Backers include Thrive Capital, Andreessen Horowitz, DST Global, GIC, and Iconiq Growth. The round is one of the largest venture rounds in history, and will drive future future mergers and acquisitions,…
Apps, Automattic, Enterprise, Global IT News, Global Security News, In Brief, pineapple pizza, TC, wordpress
Pineapple on pizza is delicious — and if you disagree, you can’t log in to WordPress.org
There are few matters in life that divide a room more than the prudence of putting pineapple on pizza. But if you’re of the persuasion that tropical fruit has no place on a pie, you’ll have to swallow a bitter pill — if you want to access the WordPress.org developer portal and forum, at least.…
cambridge analytica settlement, Global IT News, Global Security News, Government & Policy, In Brief, meta cambridge analytica australia, privacy, Social
Meta to set up $50M privacy payment scheme to settle Australian proceeding
Meta has agreed to a $50 million payment program to settle a long-running proceeding in Australia related to misuse of information for political ad targeting, the country’s information watchdog OAIC announced Tuesday. The settlement concerns the 2018 Cambridge Analytica scandal, when data on millions of Facebook users was exfiltrated without their knowledge or consent by…
bytedance, Global Security News, Government & Policy, In Brief, North America, Social, TikTok, TikTok Ban
TikTok asks Supreme Court for a lifeline as sell-or-ban deadline approaches
TikTok and ByteDance asked the United States Supreme Court to block the law that forces TikTok to be sold off or banned in the United States, according to an emergency filing with America’s top court on Monday. The social media company requested that the Supreme Court consider blocking the sell-or-ban law passed earlier this year…
AGI, AI, generative ai, Global IT News, Global Security News, Ilya Sutskever, In Brief, openai, safe superintelligence, ssi, superintelligence
OpenAI co-founder Ilya Sutskever believes superintelligent AI will be ‘unpredictable’
OpenAI co-founder Ilya Sutskever spoke on a range of topics at NeurIPS, the annual AI conference, Friday afternoon before accepting an award for his contributions to the field. Sutskever gave his predictions for “superintelligent” AI, AI more capable than humans at many tasks, which he believes will be achieved at some point. Superintelligent AI will…
AI, amd, Enterprise, Funding, Fundraising, generative ai, Global IT News, Global Security News, In Brief, Liquid AI, liquid neural networks, startup, Startups
Liquid AI just raised $250M to develop a more efficient type of AI model
Liquid AI, an AI startup co-founded by robotics luminary Daniela Rus, has raised $250 million in a Series A led by AMD. Per Bloomberg, the round values Liquid AI at over $2 billion. Liquid AI aims to build general-purpose AI systems powered by a relatively new type of AI model called a liquid neural network. Liquid…
Fleet Space Technologies, Global IT News, Global Security News, In Brief, Space
Fleet Space raises $100M to scale satellite-enabled mineral prospecting tech
Late-stage deals in space have been on the decline this year, but one notable exception is Fleet Space Technologies’ $100 million Series D. The Adelaide, Australia-based startup raised the new funding to accelerate the development of ExoSphere, a platform to enable real-time mineral prospecting from space. The company currently has two satellites in low Earth…
autonomous vehicles, Elon Musk, Global IT News, Global Security News, In Brief, Tesla, Transportation, zoox
Tesla’s loss is Zoox’s gain
Zoox co-founder and CTO Jesse Levinson told the crowd at TechCrunch Disrupt 2024 that he didn’t think Tesla would launch a robotaxi ride-hailing service in California (or anywhere else) next year, despite what Elon Musk had claimed. The “fundamental issue is they don’t have technology that works,” he said at the time. But it seems that…