Author: IQ TIMES MEDIA
“One, two, three — AI PSYCHOSIS!” Loading audio narration… No, a bot didn’t say that. The hosts of an “AI Psychosis Summit” on Thursday shouted those words at a jam-packed New York City gallery space.Put together by a hodgepodge group of friends who, for the most part, met online, the AI Psychosis Summit was an attempt to bridge the New York tech scene with the downtown art world in the name of AI.Artists presented projects made in an AI-obsessed mania. Others showed off their vibe-coded apps. The crowd sipped on Diet Coke while a DJ played booming techno beats.”This all…
When Lonis Hamaili steps out of the elevator on the 10th floor of Duna Tower, he looks out over an avenue of palm trees, blue sea stretching to the horizon, and a barrier guarded by a man with a pistol. In front of the roof terrace of the residential and office tower, the world lies neatly arranged before him like a string of shells. The handful of buildings in the private city of Próspera line a single road. Hamaili looks at the barrier, which sits on the main street like a higher authority. Access matters, says the 28-year-old. Perhaps the…
Electric air taxis buzzing over Manhattan are moving from sci-fi fantasy to something much closer to reality. Loading audio narration… Along the Manhattan waterfront on Friday, a small crowd gathered to watch what would have seemed implausible just a few years ago: a piloted electric flying car lifting off and cruising down the Hudson.The new flying contraptions by US-based Joby Aviation — which has a market value of about $9 billion — have six propellers on top and promise to cut travel time from downtown Manhattan to metro airports like JFK and LaGuardia from more than an hour to fewer…
Amjad Masad has been building Replit for a decade, but the last 18 months have been something else entirely. The AI coding assistant company went from $2.8 million in revenue in all of 2024 to tracking toward what Masad describes as a billion-dollar annual run rate. At TechCrunch’s sold-out StrictlyVC event in San Francisco on Thursday night, we covered a lot of ground in a short time, beginning with the question everyone in the industry is asking right now: in a world where rival Cursor is reportedly in talks to be acquired by SpaceX for $60 billion, is Replit also…
Apple’s “most affordable Mac” just got more expensive. Loading audio narration… The starting price for the Mac Mini jumped $200 this week as the company reported an AI-fueled increase in demand for the compact computer.The $599 base model with 256GB of storage, touted on the website as the “mini-est, most affordable Mac with mighty performance,” had disappeared from Apple’s site as of Friday.The website now says the starting price for a Mac Mini is $799, which comes with 512GB of storage. Earlier this week, the website listed the starting price as $599, the Internet Archive shows.While it’s not an increase…
Meta has acquired humanoid robotics startup Assured Robot Intelligence (ARI) for an undisclosed sum, the social media giant said. “We acquired Assured Robot Intelligence, a company at the frontier of robotic intelligence designed to enable robots to understand, predict, and adapt to human behaviors in complex and dynamic environments,” a Meta spokesperson told TechCrunch in an emailed statement. ARI’s team, including its co-founders, will join Meta’s AI unit, the Superintelligence Labs research division. ARI had raised an undisclosed seed round from AI seed firm AIX Ventures. The startup was building foundation models for humanoid robots to perform all types of…
ANNANDALE-ON-HUDSON, N.Y. (AP) — The longtime president of Bard College announced his retirement Friday, months after it was revealed that he had a much deeper relationship with Jeffrey Epstein than was previously known.Leon Botstein, who has been president of the small, liberal arts college inn New York for a half century, will retire at the end of June, he wrote in an email provided to The Associated Press by Bard.In the note, Botstein, 79, didn’t mention the scrutiny of his ties to Epstein, except to say that he had waited to announce his retirement publicly until the completion of an…
The idea guy’s time has finally come. Loading audio narration… OpenAI CEO Sam Altman, who previously led the famed startup incubator Y Combinator, said that before AI, people used to joke about those who had the next great idea for an amazing startup but lacked the technical expertise to translate their vision into something real.”All of a sudden it’s like the revenge of the idea guys,” Altman told Stripe CEO Patrick Collison during an onstage appearance at Stripe Sessions.When Collison asked what has changed about startup culture, Altman said technical talent isn’t as critical as it once was.”For a long…
Hyundai confirmed to Business Insider that it will stop selling the Korean-built, standard Ioniq 6 in the US.The retro-styled sedan never matched the success of its crossover sibling, the Ioniq 5 (which the company said saw a surprising 33% sales year-over-year increase in February and another 14% increase in March).Hyundai said it sold just 229 Ioniq 6 units in February.”Sedan sales have declined a lot over the past decade, and the Ioniq 6 is no exception,” Sam Abuelsamid, the vice president of market research at Telemetry, told Business Insider. “Without enough sales to justify US production, the numbers just don’t…
Sam Altman likes to say that compute is destiny. This week, Google proved him right. Loading audio narration… After the latest round of Big Tech earnings, Google’s stock jumped 10%, while Meta, Microsoft, and Amazon either fell or stalled. If this trend holds, Google could soon become the world’s most valuable company, overtaking Nvidia.What sets Google apart: it has the most complete set of AI building blocks, assembled over decades. The company supplies energy to its massive data centers, operates millions of chips and servers, and controls a global fiber network. It even designs key components, such as TPUs.In a…