Science and Technology

Investors Plough .1 Billion Into AI Startups Despite Economic Struggles

Investors Plough $27.1 Billion Into AI Startups Despite Economic Struggles

Related media - News 24 hours In May, CoreWeave, a provider of cloud computing services for AI companies, raised $1.1 billion, followed by $7.5 billion in debt, reaching a valuation of $19 billion. Scale AI, a data provider for AI companies, secured $1 billion, at a valuation of $13.8 billion. Additionally, xAI, founded by Elon Musk, raised $6 billion, reaching a valuation of $24 billion. According to Kyle Stanford, research analyst at PitchBook, these funding rounds have increased overall deal volume in the industry, both in terms of dollar amounts and number of deals. "It's not declining anymore," he said.…
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Robots Have Chubby Faces (and Smiles), According to New Research

Robots Have Chubby Faces (and Smiles), According to New Research

More news - Breaking news In Japan, engineers are working to create robots that can mimic human expressions, particularly smiles. They developed a face mask using human skin cells, which they attached to robots using a new technique that hides the bond and is flexible enough to form expressions such as a grimace or a slight smile. The look is a mix between the disturbing Hannibal Lecter mask and the claymation character Gumby. However, scientists believe that these prototypes could lead to more advanced robots. These robots would have a durable, elastic outer layer that protects the machine while making…
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Supreme Court sides with Biden administration in social media case

Supreme Court sides with Biden administration in social media case

Related media - Breaking news The Supreme Court has ruled in favor of the Biden administration in a case involving social media, scoring a significant practical victory. The ruling rejected a Republican challenge to block the government from communicating with social media platforms to combat misinformation. In a 6-3 decision, the Court found that the plaintiffs, including states and individuals, had not suffered direct harm that would have entitled them to sue. This decision leaves unanswered broader questions about the First Amendment's limits on government influence over tech companies, which control much of the flow of information online. The case…
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AI-Powered Phones and Computers: A Convenience Boon, But a Privacy Challenge?

AI-Powered Phones and Computers: A Convenience Boon, But a Privacy Challenge?

Related media - Latest news Tech giants such as Apple, Google and Microsoft are racing to develop smartphones and computers powered by artificial intelligence (AI). These devices promise to make our lives easier by automating tasks like editing photos or scheduling meetings. But there's a problem: they require a lot of data from us. More data, more convenience, less privacy? These new AI capabilities come at the cost of increased data collection. The companies envision Windows PCs taking screenshots every few seconds, iPhones merging data from various apps, and Android phones analyzing calls in real time to detect scams. This…
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California proposes 30 AI regulatory laws amid federal gridlock

California proposes 30 AI regulatory laws amid federal gridlock

Related media - News 24 hours California lawmakers last month advanced about 30 new AI measures aimed at protecting consumers and jobs, one of the largest efforts yet to regulate the new technology. The bills aim to impose the toughest nationwide restrictions on artificial intelligence, which some technologists warn could kill entire categories of jobs, throw elections into chaos with misinformation and pose national security risks. California's proposals, many of which have won broad support, include rules to prevent AI tools from discriminating in housing and health services. They also aim to protect intellectual property and jobs. The California legislature,…
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The young people have spoken: wallets are not cool.  Go digital.

The young people have spoken: wallets are not cool. Go digital.

Related media - Recent news In a survey that asked just over 2,500 Americans about digital payments, about 80% of Gen Z respondents said they use mobile wallets, and among them, half were eager to use their phone much more than pay, according to recent data. from Pymnts Intelligence, a research firm that studies trade. Younger people are increasingly using their phones for purposes that older adults would use a traditional wallet for, such as carrying around documents like driver's licenses, boarding passes and event tickets. Some of these digital items can be added to Apple and Google's Wallet apps,…
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