Author: IQ TIMES MEDIA

A national security-focused VC fund, America’s Frontier Fund, is raising a large new fund, capitalizing on the sector’s support as the Trump administration rallies behind defense tech.The firm is raising up to $315 million for its first fund, called the Frontier Fund, according to a pitch deck viewed by Business Insider. In early 2023, the target for the fund was $500 million, per an SEC filing.The fund will consist of $140 million of private capital from limited partners and $175 million of government loans, according to the deck. The fundraise hasn’t closed yet, and the terms of the deal could…

A Columbia grad who was one of Google’s youngest engineers and a serial entrepreneur who built hundreds of homes starting at age 16 have their sights set on disrupting the construction industry with AI.Roop Pal and Puneet Sukhija launched construction startup Bild AI in February and on Xday announced a $3.1 million seed round led by Khosla Ventures, with participation from Mission Street Capital, Ryan Sutton-Gee, and Ooshma Garg.Bild uses AI to read blueprints and estimate the materials and costs associated with a project. This is currently a timely and error-prone process done by hand, Pal said.The company, which consists…

LONDON (AP) — When Naomi Osaka opened up about her anxiety and depression at the 2021 French Open, it sparked a conversation in sports — and society at large — about mental health and the importance of addressing such issues.In the time since, more and more players have spoken about the topic and seeking help, and whatever taboos there were seem to have faded. Still, the way three-time Grand Slam finalist Alexander Zverev discussed his state of mind after a first-round exit at Wimbledon this week revived the conversation.“I feel very alone out there at times. I struggle mentally. ……

In late May, Anthropic CEO Dario Amodei appeared to kick open the door on a sensitive topic, warning that half of entry-level jobs could vanish within five years because of AI and push U.S. unemployment up to 20%. But Amodei is far from alone in sharing aloud that he foresees a workforce bloodbath. A new WSJ story highlights how other CEOs are also issuing dire predictions about AI’s job impact, turning employment doom into something of a competitive sport. Several of these predictions came before Amodei’s comments. For example, at JPMorgan’s annual investor day earlier in May, its consumer banking…

It’s the AI equivalent of a double text.Business Insider has learned Meta is training customizable chatbots to be more proactive and message users unprompted to follow up on past conversations.It may not cure what Mark Zuckerberg calls the “loneliness epidemic,” but Meta hopes it will help keep users coming back to its AI Studio platform, documents obtained by BI reveal.The goal of the training project, known internally to data labeling firm Alignerr as “Project Omni,” is to “provide value for users and ultimately help to improve re-engagement and user retention,” the guidelines say.Meta told BI that the proactive feature is…

MADRID (AP) — Liverpool player Diogo Jota and his brother were killed in a car accident in Spain when the Lamborghini they were in veered off a road and burst into flames, police said Thursday.The Spanish Civil Guard confirmed to The Associated Press that the 28-year-old Jota and his 25-year-old brother, André Silva, were found dead near the northwestern city of Zamora.Police were investigating the causes of the accident that happened past midnight local time. They said there were no other vehicles involved. The bodies were undergoing forensic analysis.Firefighters were called in as the fire spread into the nearby vegetation,…

A skydiving plane carrying 15 people went off the end of a runway while taking off from a southern New Jersey airport on Wednesday afternoon, July 2, authorities said.The accident occurred around 5:20 p.m. local time at Cross Keys Airport in Gloucester County, about 20 miles southeast of Philadelphia. The aircraft involved was a Cessna 208B aircraft, according to the Federal Aviation Administration.”The pilot did report engine trouble prior to the crash,” Andrew Halter, with Gloucester County Emergency Management, said during a news conference. “The plane did try to circle back and try to attempt the landing, we were told,…

It’s not just Tesla.Rivian Automotive’s Q2 deliveries were also down. The company shared its production and delivery results on Wednesday. It delivered 10,661 vehicles in the quarter ending on June 30. That’s a noticeable drop compared to the same time last year, when Rivian delivered 13,790 vehicles. Reuters reported a 22% decline.Its stock dipped on Wednesday and closed down 4.45%.The company shared that it produced 5,979 vehicles at its Illinois-based manufacturing facility during the last quarter. The company produced 9,612 vehicles during the same time in 2024.”Production was limited during the second quarter in preparation for model year 2026 vehicles…

OpenAI wants to make clear that Robinhood’s sale of “OpenAI tokens” will not give everyday consumers equity — or stock — in OpenAI, the company said in a post on X from its official newsroom account. OpenAI says it does not endorse Robinhood’s effort, nor was it involved in facilitating the token sale. “These ‘OpenAI tokens’ are not OpenAI equity,” said OpenAI’s newsroom account. “We did not partner with Robinhood, were not involved in this, and do not endorse it. Any transfer of OpenAI equity requires our approval—we did not approve any transfer. Please be careful.” These “OpenAI tokens” are not…

Cucumber. Jalapeño. Cheese. Onion. Avocado. It sounds like a delicious spicy salad.But they’re actually the ingredients of drug smuggling. Federal prosecutors say an arrest in Georgia of men charged with trying to ship 700 pounds of meth inside a tractor-trailer packed with cucumbers is the latest case of accused smugglers cooking up a scheme to hide their illegal main course.Andres Jasso Jr., 37, and Rufino Pineda-Perez, 59, were arrested in Gainesville, Georgia, after federal agents discovered they were hiding thousands of packages of drugs among 20 pallet boxes containing cucumbers, federal officials announced July 2.“Thanks to the diligent work of…