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Turo retracted its IPO plan on Thursday, ending a three-year wait to bring online car sharing networks to the open market, according to regulatory filings. Founded in 2010, Turo will allow private car owners to rent vehicles through the startup website or app. The company, sometimes called the Airbnb car, was made public in January 2022 for an initial public offering, but the terms of the IPO changed soon after. That growth has also slowed down. Turo’s decision to end its IPO plan comes a day after peer-to-peer car sharing company Getaround closed its US operations. Like Turo, Getaround began…
The UK government wants to create a tough pivot to boost the economy and industry with AI. As part of this, we pivot an institution that we founded with a very different purpose about a year ago. Today, the Bureau of Science and Industrial Technology announced that it will rename the AI Safety Research Institute to the AI Security Research Institute. (Same first letter: Same URL.) So, the body primarily explores areas of existential risks and biases in large-scale language models, and specifically “AI protects national security and risks against crime.” Focus on cybersecurity, focusing on strengthening. . ” In…
Just a month after Blue Origin puts the long-running Glenn Rocket into orbit, the Jeff Bezos-backed space company is reportedly preparing for its first round of layoffs. This move raises questions about its ability to compete with SpaceX. SpaceX continues to dominate the commercial space industry. According to an exclusive report from Bloomberg, Blue Origin is cutting around 10% of its workforce as part of its efforts to reduce costs and focused resources after years of development. The report revealed that CEO Dave Limp confirmed work cuts during Thursday’s All-Hand meeting, based on an internal meeting. Bloomberg first reported workforce…
FRANKFORT, Ky. (AP) — Kentucky Gov. Andy Besher took action Thursday to fill an unintended shortage of primary funding sources for K-12 schools.The Democratic governor said he has allowed the so-called Sheikh funding for 171 public school districts in Kentucky to be added in the current school year. That amount is intended to plug in shortfalls within some of the Seek Formula, which is required by law to be paid to the district.”It’s not right for our school to face severe cuts mid-grade,” Bessia said as he announced his fundraising decision at his weekly press conference.State Education Commissioner Robbie Fletcher…
US President Donald Trump has signed a plan to roll out an increase in import duties for all trading partners that tax US imports, saying he is doing so to bring a sense of “fairness” to commerce . Sitting in an oval office on Thursday, Trump described the tariffs as mutual. This means that the US will automatically raise import taxes to meet the existing levels of other countries. “In trade, I have decided to charge mutual tariffs for fair purposes. So what does the country that charges the United States charge? No more, no less,” he said. Ta. “In…
Google’s Gemini AI chatbot can now adjust answers based on what they had in previous conversations, the company announced in a blog post Thursday. Gemini can summarise previous conversations and recall information shared in another conversation thread. This means that there is no need to repeat information that you already share via the old thread for additional information. Gemini’s ability to remember conversations is deployed today to English-speaking subscribers of Google’s $20 AI chatbot subscription and English-speaking subscribers of Google One AI Premium. Over the next few weeks, Google says the recall feature will deploy additional languages and for users…
Openai says it has removed the “warning” message on ChatGpt, a Chatbot platform powered by AI. This indicates that the content may violate the Terms of Use. Laurentia Romaniuk, a member of Openai’s AI Model Action Team, said in a post on X that the change was intended to reduce “free/unexplainable denials.” In another post, Nick Turley, product director at ChatGpt, said users should be able to “use ChatGpt.” [they] Unless they comply with the law and do not attempt to hurt themselves or others, unless they comply with the law. “We are excited to roll back many unnecessary warnings…
Elon Musk’s X.AI-led investor consortium has offered to buy Openai for $97.4 billion this week. Openai CEO Sam Altman has rejected the proposal. This will boost the transformation Openai has planned from a nonprofit organization. Altman’s lawyer said on Wednesday that Musk attempted to buy Openai’s assets and stopped changing its non-commercial status, and that Musk would have it in both ways. He insisted that he could not. Musk’s team responded that if Openai halted its attempt to convert from a nonprofit, it would withdraw its bid. Meanwhile, as part of these submissions, a full letter of intent from the…
Oklahoma City (AP) — Oklahoma Gov. Kevin Stitt said plans will be suspended by the state’s top education officer to collect immigration status for children when enrolling in public schools. The Republican governor said Wednesday he is a solid opponent of illegal immigration, but policymakers should focus on targeting the nation’s people for illegally committing other crimes. I stated. “Collecting addresses and immigration status for children aged 6, 7 and 8 in Oklahoma is not a public safety issue,” said Stitt, governor for the second term, which is term-limited in 2026. It’s there. Let’s not let our children appear in…
Apple is preparing to introduce the next generation of iPhone SE, and expectations are rising. Apple CEO Tim Cook hints at the upcoming event set for February 19th, and many hope that they will showcase the latest version of Apple’s budget-friendly smartphone. “Be prepared to meet the newest member of the family. Wednesday, February 19th. #AppleLaunch,” Cook said in an X post. Get ready to meet the latest members of your family. Wednesday, February 19th – Tim Cook (@tim_cook) February 13, 2025 What’s new for iPhone SE 2025? Leaks and reports suggest that this model has undergone a significant upgrade.…