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On Wednesday, Boston Dynamics announced a partnership designed to bring improved reinforcement learning to electric atlas humanoid robots. The partnership is at the Robotics & AI Institute (RAI Institute), formerly known as the Boston Dynamics AI Institute. Both organizations were founded by Marc Raibert, a former MIT professor who served as CEO of Boston Dynamics for 30 years. Founded in 2022, the institute will allow Raibert to continue his research that serves as the basis for Boston Dynamics. Both have something to do with Hyundai. The Korean automaker acquired Boston Dynamics in 2021. Hyundai also funds the Institute, and Raybert…
Teladoc Health has won Catapult Health on a national contract worth $65 million to enhance its ability to detect early health conditions. The virtual care provider announced the acquisition on Wednesday, and was expected to close in the first quarter of this year. The deal comes five years after Teladoc purchased the $18.5 billion Livongo. This is a move to rebuild personalized digital healthcare. Teladoc Health shares rose almost 6% on Wednesday after the announcement. Catapult Health offers a home wellness exam where users can check their blood pressure, collect blood samples, collect log screening details, and virtually meet with…
Ampere, a semiconductor business founded by former Intel executive Lenny James, is reportedly in the cusp of selling to SoftBank, the latest in the ongoing saga surrounding the company’s future ownership. The deal could value amperes at around $6.5 billion, Bloomberg reports. This is a price cut from the 2021 $8 billion valuation in discussions by SoftBank to buy minority shares. Ampere designs the arm tips for your data centers. This is suitable for SoftBank, the majority owner of Chip Designer Arm Holdings. Ampere declined to comment. Ampere was created by James in 2017 after quitting his 28-year career at…
AI researchers at Stanford and Washington University were able to train AI “inference” models under $50 in cloud calculation credits, according to a new research paper published last Friday. Known as S1, the model is a test that measures mathematics and coding abilities and works similarly to cutting-edge inference models such as Openai’s O1 and Deepseek’s R1. The S1 model is available on GitHub and the data and code used to train it is available. The team behind the S1 said they started with a ready-made base model and then tweaked it through distillation. This is the process of extracting…
In 2024, approximately 66,000 people were deported from the United States to Guatemala. Under Trump, that number is expected to increase.The Central American country in Guatemala has agreed to increase the number of deportation flights it receives from the United States after a visit from Secretary of State Marco Rubio. At a press conference Wednesday, Guatemala President Bernardo Arevalo announced that his country would accept non-citizens sent from the United States. “We have agreed to increase the number of flights for deportees of both nationalities and nationalities of other nationalities by 40%,” said Arevaro, who appeared in collaboration with Rubio.…
RALEY, N.C. (AP) — North Carolina Republican lawmakers announced their first attempt of the year on Wednesday, trying to boost recovery funds Hurricane Helens Historic floods, propose new spending that totals less than half of what Josh Stein of the New Democratic Government Request this week. The House committee did not vote for the $500 million spending proposal. Request $1.07 billion on Monday In new recovery spending.Last fall, the state legislature was well over $900 million for relief and reconstruction efforts. The hundreds of millions of dollars of extra dollars previously allocated for relief purposes will help pay for packages…
Thanks to the newly released bankruptcy filing, clear photos of the bench’s downfall are now appearing. The records show that Canada-based startups that provide cloud accounting software for small businesses are consistently struggling to reach profitability . It burned $135 million from its founding in 2012 until September 2024. By the time of the collapse, the bench had been forced to close due to a “mobility crisis,” records say. The bench had $800,000 in cash left in its Canadian account, while another account for the US entity was under $400,000. The benches have made some progress in reducing burns in…
Deia El Bara, Gaza Strip, Palestine – Wasaev Abedo woke up Wednesday to tweet among her fellow Palestinians in Deia El Bara, central Gaza. The debate was centered on US President Donald Trump and his announcement that the US would “take over” Gaza. Trump’s comments were made when he stood next to Prime Minister Benjamin Netanyahu, the person in charge of the decision to destroy Gaza in Israel’s war – the US president said that Palestinians were permanently moving out of the enclave He even said that he should. Several of his officials, including Secretary of State Marco Rubio, suggested…
June 7, 2023, Frank J. Bisignano, CEO of NYSE.Source: NYSEStocks fiserv It jumped over 7% on Wednesday after paying companies reported fourth-quarter earnings above expectations and issued guidance that also outperformed estimates. The stock closed at $229.53, surpassing its previous high in November, up about 60% over the past year. Published in 1986, Fiserv offers digital payment technology to small and medium-sized businesses and financial institutions. According to LSEG, Fiserv reported an adjusted profit of $2.51 in the quarter. Revenues rose approximately 7% from $4.92 billion in the previous year to $5.25 billion, surpassing the consensus estimate of $4.96 billion.Clover’s…
Field service engineers may not be the first group of customers that comes to mind when thinking about the lucrative opportunities of B2B technology. But that same blind spot speaks of space opportunities for people stomping and targeting “work sites.” XOI, one of the players in that space, will build software for maintenance to quickly access information about the machine being revised, but on Tuesday, XOI will build software to build maintenance software to take photos and quickly access information about the machine being revised. It announced that it has raised a fresh round of $1,000,000 to expand its business.…