Author: IQ TIMES MEDIA

Meta is pausing an internal AI training program after sensitive data was accessible across the entire company, according to screenshots obtained by Business Insider.A screenshot showed that the leak exposed employees’ private conversations, performance data, and transcriptions. The incident was classified as a SEV 2 on a scale of 0 to 5, with 0 being the most severe.A Meta spokesperson confirmed the incident and said the company is investigating.”We have carefully designed this program with privacy safeguards, and while we have no indication at this time that any data was improperly accessed by Meta employees, we’re pausing it while we…

What does an AI company do after one of those not-acqui-hire deals, where a rival pays investors a hefty IP “licensing” fee while poaching its critical talent? For AI chipmaker Groq, the answer appears to be raise more money from investors — who were said to have profited handsomely after a deal with Nvidia in December — hire more talent, and pivot. On Monday, Groq announced a new $650 million funding round, confirming earlier reports. The raise comes roughly six months after Nvidia signed a non-exclusive licensing agreement for Groq’s technology and hired away founder and CEO Jonathan Ross, president…

Nvidia just announced a warm-water cooling system that it says can dramatically reduce the amount of water a data center uses — eliminating “pretty much all water usage” inside the data center, according to an Nvidia executive in a press release.   “The water consumption challenge for data centers is largely solved,” Josh Parker, chief sustainability officer at Nvidia, recently told Axios. But that’s only part of the water story. As long as AI data centers run on fossil fuels — a choice tech companies are increasingly making — the savings stop at the data center’s walls. The core issue…

A new alliance has formed between a Hollywood studio and a tech juggernaut.  On Monday, Google DeepMind announced a $75 million investment (per the WSJ) into popular indie film studio A24, known for hits like “Marty Supreme,” “Everything Everywhere All At Once,” and the latest blockbuster “Backrooms.” Google DeepMind is billing the investment as a partnership, a “first-of-its-kind” that will see the two companies create AI tools for filmmaking, with Google DeepMind receiving “feedback and guidance from leading artists.” A24 has recently worked with big names like Timothée Chalamet and Anne Hathaway on several projects.  “We believe the best way…

Uber has a lot riding on scooters.The ride-hailing company, which was an early investor in scooter rental business Lime, is the company’s largest shareholder, according to a prospectus detailing plans for an initial public offering that Lime filed on Monday. Uber owns about 14 million shares, or a 24% stake ahead of the IPO, according to the S-1 securities filing.Uber’s stake would be worth about $350 million if Lime prices its IPO at $25 a share, the midpoint of the $24 to $26 target range the company shared in its filing.Lime said Uber has shown interest in buying up to…

In the era of leaner companies, even the C-suite isn’t insulated from downsizing. Just look at Lucid.The luxury EV maker filed an 8-K to the SEC on Monday detailing plans to cut about 18% of its US workforce — including full-time employees, contractors, and hourly manufacturing workers at its AMP-1 factory in Arizona.But the restructuring is also notably impacting its C-Suite, with Lucid announcing “the elimination of the Chief Operating Officer position.” As a result, Marc Winterhoff, Lucid’s COO who had served as interim CEO earlier this year before resuming the chief operating role when a new CEO was announced,…

Amazon is planning to increase the footprint of its new conversational AI assistant Alexa+ to India and is inviting users in the country to test out a Hindi-language version. The company sent out emails to some customers, which were seen by TechCrunch, asking users to fill out a form in Hindi by June 22 to join the beta-testing program. “You are invited to join the Alexa+ Beta programme in India. We are creating a new Alexa experience, and your feedback will be important to refine what Alexa+ will be able to do. By joining the Alexa+ Beta programme, you’ll be…

First came Anthropic, then Google. Now, open-source AI startup Reflection is tapping SpaceX for its abundant source of AI chips. Reflection AI will pay $150 million a month beginning July 1, 2026 through 2029 for immediate access to Nvidia’s latest GB300 AI chips and supporting hardware across SpaceX’s Colossus 2 data center near Memphis, Tennessee, the company told TechCrunch. The deal is worth up to $6.3 billion and either company has the option to end the contract with 90 days’ notice after the first three months. The deal is smaller than SpaceX’s deals with Anthropic and Google, which cost the…

Delivery robot startup Robot.com is expanding into workplace humanoids, targeting industrial, food services, and logistics customers with a new robot designed to complete repetitive tasks.The San Francisco-based startup, formerly known as Kiwibot, told Business Insider it will launch R-noid, a humanoid robot on wheels that can package orders, load and unload boxes, and prep workstations. The startup is working with Physical Intelligence, one of its AI lab partners, to develop custom foundation models for R-noid.CEO Felipe Chavez said in an interview that the robot is part of a nearly two-year-long process to expand beyond campus-delivery robots and into commercial labor…

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