OpenAI’s Sam Altman launches Worldcoin crypto project
Worldcoin, a cryptocurrency project founded by OpenAI CEO Sam Altman, launched on Monday.
The project’s core offering is its World ID, which the company describes as a “digital passport” ...
Dead EV batteries turn to gold with US incentives
A little-publicized clause in the US Inflation Reduction Act has companies scrambling to recycle electric vehicle batteries in North America, putting the region at the forefront of a global race ...
Companies buy into suppliers to secure deliveries, hit green targets
Major brands, including the investment arm of the IKEA group, are following automakers’ lead in snapping up stakes in suppliers of raw materials and energy, seeking greater control over their ...
As lab-grown meat hits menus, the next investor hurdle is scaling
Cell-cultivated meat companies could receive new investment since US regulators cleared the product’s sale last month, but the sector must scale up and lower costs to seriously challenge conventional ...
Race towards ‘autonomous’ AI agents grips Silicon Valley
By Anna Tong and Jeffrey Dastin
Around a decade after virtual assistants like Siri and Alexa burst onto the scene, a new wave of AI helpers with greater autonomy is ...
Elon Musk says Twitter to change logo, adieu to ‘all the birds’
Elon Musk said on Sunday he was looking to change Twitter’s logo, tweeting: “And soon we shall bid adieu to the twitter brand and, gradually, all the birds”.
In ...
Meta opens AI model to commercial use, throwing nascent market into flux
Meta (META.O) is releasing a commercial version of its open-source artificial intelligence model Llama, the company said on Tuesday, giving start-ups and other businesses a powerful free-of-charge alternative to ...
Microsoft to charge more for AI in office, secure Bing from leaks
Microsoft (MSFT.O) this week said it would charge at least 53 per cent more to access new artificial intelligence features in its widely used office software, in a glimpse at ...
Tesla’s Elon Musk optimistic on progress for self-driving, robots
Tesla (TSLA.O) Chief Executive Elon Musk on Wednesday set new targets for artificial intelligence products including self-driving software and using humanoid robots in factories, though he acknowledged he’s ...
Dramatic fossil shows pugnacious mammal attacking a dinosaur
While there is little doubt that many a Mesozoic mammal became a meal for a dinosaur, it may come as a surprise to learn that some mammals also dined on ...
Google explores AI tools for journalists, in talks with publishers
Google is exploring using artificial intelligence tools to write news articles and is in talks with news organizations to use the tools to assist journalists, a company spokesperson said late ...
Microsoft hit with EU antitrust complaint by German rival
Microsoft (MSFT.O) was hit with an EU antitrust complaint by German rival alfaview on Thursday, the second so far over its bundling of video app Teams into its Office ...
IBM misses second-quarter revenue estimates as tech spending cools
Enterprise software provider IBM’s (IBM.N) second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by a decline in sales of its mainframe computers as businesses ...
Cyprus-based investor Alexey Gubarev exits Servers.com
Cyprus-based investor and entrepreneur Alexey Gubarev this week confirmed that he has recently sold Servers.com, a provider of bare metal services with customers and data centres across North America, ...
India’s Tata chooses UK for $5 bln Jaguar Land Rover gigafactory
India’s Tata Group will build an electric vehicle battery plant in Britain to supply its Jaguar Land Rover factories, delivering a major boost for a UK car industry in ...
Tesla lays out steps to building Europe’s biggest car plant
Tesla (TSLA.O) has requested approval from German local authorities to make sweeping changes to its factory near Berlin, a key next step in its ambitious plan to expand the ...
India’s Infosys signs five-year AI deal with $2 bln target spend
India’s second-largest software services exporter Infosys (INFY.NS) said on Monday it has signed a deal with an existing client to provide artificial intelligence (AI) and automation services that ...
AI startups bringing dollars but lean workforces to ailing San Francisco
In a frenzy unseen since the birth of social media in the early 2000s, investors are pouring billions into generative AI and fueling a startup boom in San Francisco.
At ...
BYD proposes $1 billion India plan to build EVs, batteries
China’s BYD Co (002594.SZ) has submitted a $1 billion investment proposal to build electric cars and batteries in India in partnership with a local company, three people with direct knowledge ...
In greening air travel, small parts can make a big difference
Aircraft flaps and emergency power units are part of efforts to reduce the aviation industry’s contribution to global warming.
By Tom Cassauwers
Each time a plane takes off or ...
EU looks to take lead in metaverse world, avoid Big Tech dominance
The European Commission on Tuesday set out a plan in a bid to take the lead in the metaverse – shared virtual worlds accessible through the internet – and to prevent Big ...
LG Electronics targets $77 bln sales by 2030, holds high hopes for vehicle components
LG Electronics (066570.KS) said this week that it is targeting 100 trillion won ($77 billion) in sales by 2030 and plans some 50 trillion won of investment as the South Korean company announced its ...
Senators move to require release of US government UFO records
The Senate in the coming days is expected to consider a bipartisan measure that would compel the U.S. government to publicly release records relating to possible UFO sightings after ...
KPMG to invest $2 billion in AI, cloud services
KPMG said this week that it will spend $2 billion on artificial intelligence and cloud services through an expanded partnership with Microsoft (MSFT.O), closely following Accenture (ACN.F) in betting ...