Author: IQ TIMES MEDIA
Investors are betting a fresh $650 million that Slate can make its proudly bare-bones EV pickup a hit. Loading audio narration… The electric truck startup, which plans to sell its launch vehicle for in the “mid-20,000s,” told Business Insider it has closed a series C funding round led by TWG Global, the investment firm founded by Guggenheim Partners founder and longtime Slate backer Mark Walter. Slate declined to comment on the company’s current valuation.”Our Series C round of funding will enable Slate to reach the next stages of production this year: on time and on budget,” Peter Faricy, the company’s…
While many startups founded prior to the emergence of ChatGPT are struggling to position themselves for the AI era, Vercel, a 10-year-old dev tool and website hosting platform, is benefiting from the explosion of AI-generated apps and agents. “When I started this company, only tens of millions of people could deploy,” Vercel CEO Guillermo Rauch told the audience at the HumanX conference in San Francisco last week. “Now we’re seeing that everybody in the world can create an app.” The explosion in app creation by non-developers has been a significant boon to Vercel’s business. The company’s annual recurring revenue (ARR)…
For many white-collar workers, AI use is becoming a job requirement. Loading audio narration… At Duolingo, however, it’s no longer part of performance reviews, the company’s CEO, Luis von Ahn, said on the April 10th episode of the “Silicon Valley Girl” podcast.The CEO said that after the company introduced a strategy to evaluate AI use in performance reviews, employees began asking, “Do you just want us to use AI for AI’s sake?””At the end, we backtracked, and we said no, look. The most important thing in your performance is that you are doing whatever your job is as well as…
AI founders and researchers are reflecting on what business practices are sustainable, as investment flows into the industry. Loading audio narration… Three AI leaders recently told Business Insider that balancing profits with cost-cutting will determine which companies survive, and where their own firms might land if an AI bubble bursts.Major investors, including Mark Cuban and Bill Gurley, have been predicting over the past year that AI companies and some of the largest foundational models will run out of cash sooner than people may expect.From boosting cost efficiency to diversifying revenue across robust industries, here is what leaders in AI think…
I know that it’s not logical to believe I can get rich by lightly tapping my wrist, head, and other parts of my body. I know it’s even less logical to pay to learn how to do it. And yet, I’ve spent days wondering if it’s worth giving $44 to someone who calls herself “Manifestation Babe” for a weeklong course on how to do just that.As part of my new fascination, I’ve also repeatedly watched a 12-minute video from a woman who goes by “Money Queen” as she tries to tap her way to $10 million. (That video’s free, but…
For all the hype about data centers in space, there just aren’t very many GPUs up there. As that starts to change, the near-term business of orbital compute is starting to take shape. The largest compute cluster currently in orbit was launched by Canada’s Kepler Communications in January, and boasts about 40 Nvidia Orin edge processors onboard 10 operational satellites, all linked together by laser communications links. The company now has 18 customers, and announced its newest on Monday — Sophia Space, a startup that will test the software for its unique orbital computer onboard Kepler’s constellation. Experts expect that…
The 20-year-old suspect arrested after the Molotov cocktail attack on Sam Altman’s $27 million home participated in a Discord server critical of AI development. Loading audio narration… PauseAI said the suspect, identified by several outlets as Daniel Alejandro Moreno-Gama, joined its server two years ago. The nonprofit organization is focused on temporarily pausing the development of frontier AI models — like OpenAI’s GPT-5.4 — and mitigating the risks they pose.”Violence against anyone is antithetical to everything we stand for,” the statement on its website.The organization said Moreno-Gama posted a total of 34 messages in the Discord server, though none of…
Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell summoned bank executives for a meeting this week where they encouraged the executives to use Anthropic’s new Mythos model to detect vulnerabilities, according to Bloomberg. Indeed, while JPMorgan Chase was the only bank listed as one of the initial partner organizations with access to the model, Goldman Sachs, Citigroup, Bank of America, and Morgan Stanley are reportedly testing Mythos as well. Anthropic announced the model this week but said it would be limiting access for now, in part because Mythos — despite not being trained specifically for cybersecurity — is…
Apple plans to sell its first smart glasses in 2027, with a possible unveiling at the end of this year, according to Bloomberg’s Mark Gurman. Gurman has been reporting steadily on the evolution of the company’s smart glasses strategy, but now he has more details about how they’ll look — he said Apple is testing four designs, and could ultimately launch with some or all of them. Those designs reportedly include a large rectangular frame, a slimmer rectangular frame (similar to the glasses worn by CEO Tim Cook), a larger oval or circular frame, and a smaller oval or circular…
Artificial intelligence is a deep and convoluted world. The scientists who work in this field often rely on jargon and lingo to explain what they’re working on. As a result, we frequently have to use those technical terms in our coverage of the artificial intelligence industry. That’s why we thought it would be helpful to put together a glossary with definitions of some of the most important words and phrases that we use in our articles. We will regularly update this glossary to add new entries as researchers continually uncover novel methods to push the frontier of artificial intelligence while…