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According to the company’s board of directors, Austin Russell, who became a billionaire after Lidar’s startup Luminar was released, appears to be out as CEO. Luminar’s board of directors announced Wednesday that it was the same day in its first quarter income report. It replaced Russell and appointed Paul Rich to the role. Rich is Nuance’s former chairman and CEO. The press release states that Russell has resigned as president and CEO and has resigned as chairman of the board. The board said in a press release that the resignation followed the code of business behaviour and ethics investigations of…
WASHINGTON (AP) – Harvard University is making $250 million in money to continue its research efforts within the federal government Fundraising Freeze The school president, imposed by the Trump administration, has warned that “difficult decisions and sacrifices” will come.The university has participated in many universities that move into self-funded research as a way to compensate for at least some of the lost money Federal government funding cuts. Facing “unexpected disruptions in funding for federal research,” Johns Hopkins University has begun offering grants of up to $150,000 a year to faculty. Northwestern University said it covers the costs of research projects…
Imagine watching a video that is highly anticipated from your favorite YouTube creator. Perhaps the moment the famous couple finally got engaged, when an ad pops up right after the clip. This is part of a new ad format for YouTube called “Peak Points.” The company revealed the new ad format in a previous presentation held in New York on Wednesday. Peak points are encouraged to leverage Google’s Gemini AI to analyze YouTube videos, identify the moments that appear to be the most or most emotionally impactful of your audience, and then place the ads. Image credits: YouTube Point Peaks…
Klarna has not relaxed in the AI era. As there are fewer people on board, they are running at it. Klarna CEO Sebastian Siemiatkowski revealed on Wednesday that the company had cut its workforce by about 40% due to AI adoption and natural attrition. The Swedish fintech giant said the workforce has shrunk from about 5,500 employees to just over 3,400, cutting by around 40%. CEO Sebastian Siemiatkowski did not sugarcoat in an interview with CNBC. “The truth is, the company has now reduced from around 5,000 employees to nearly 3,000 employees. If you go to LinkedIn and see the…
Unifil said the first incident of this kind was the first since Hezbollah, an armed group of Israel and Lebanon, agreed to a ceasefire last November.The mission said the direct fire from Israeli forces had collided with the periphery of the UN’s interim forces in peacekeeping positions in Lebanon (Unifil). In a statement Wednesday, UNIFIL added that Tuesday’s incident was the first of its kind as Israeli and Lebanese military group Hezbollah agreed to a ceasefire last November. Unifil said one of the bases in the village of Kfalchova in southern Lebanon was attacked. There were no immediate comments from…
The singer says on the third day, Sean “Diddy” Combs routinely defeated her and threatened to ruin her career with a sexual encounter video.Cassandra Ventura, a singer commonly known as the former girlfriend of rap mogul Shaun “Diddy” Combs, took her to the eyewitness stands on the third day of his trial, portraying a relationship defined by physical abuse and routine humiliation. Testifying in court Wednesday, Ventura said Combs, who is facing sex trafficking and assault charges, threatened to release a compromised video that could defeat her and undermine her career. “He grabs me, pushes me down, bumps me into…
Waymo issued a software recall for 1,200 self-driving cars after some of the Robotaki were involved in minor collisions with road objects such as gates, chains and other gates. The software update, first reported by Reuters, was implemented late last year, according to documents submitted to the National Highway Traffic Safety Administration (NHTSA). The Alphabet-owned company said in a document that Waymo’s Safety Board has decided to carry out a recall on that particular version of the unattended software in order to “meet relevant regulatory reporting obligations.” The NHTSA began preliminary evaluations of Waymo’s autonomous driving system last May, and…
Elon Musk’s AI chatbot Grok responded to dozens of posts to X with information about South Africa’s “white genocide” even if users asked for nothing on the subject as it appeared to be experiencing a bug on Wednesday. The strange response comes from GROK’s X account, and responds to users with AI-generated posts whenever a user tages @Grok. When asked about unrelated topics, Grok repeatedly spoke to users about “white genocide” and the anti-apartheid chant “Kill the Boer.” Grok’s strange, unrelated replies remind us that AI chatbots are still an early technology and are not always a reliable source of…
Apple’s leading manufacturer, Foxconn, has approved by the Indian Cabinet to build a semiconductor plant worth 37 billion people ($435 million) in a joint venture with the domestic IT giant HCL group. The deal is the latest move to reduce Apple’s dependence on China and produce more components in India. The factory, located near Jewel Airport in northern Uttar Pradesh and expected to start operation in 2027, will eventually manufacture display driver chips for mobile phones, laptops, cars, PCs and other devices, India’s IT Minister Ashwini Vaishnaw said at a commemorative review meeting in New Delhi on Wednesday. Displays a…
The Kids Online Safety Act (KOSA) has been reintroduced to Congress. If passed to the law, the bill could impose some of the most significant legislative changes the Internet has seen in the United States since the Children’s Online Privacy Protection Act (COPPA) of 1998. As is the case now, Kosa can hold social media platforms legally accountable if these companies prove to be not doing enough to protect minors from harm. The bill includes a long list of possible harms such as eating disorders, sexual exploitation, substance abuse, and suicide. It passed the Senate overwhelmingly last year, but the…