Hackers break into ed tech giant’s infrastructure and steal student data
Education technology giant Instructure has confirmed a data breach affecting students’ personal information. Hacking and extortion organization ShinyHunters claimed responsibility for the breach. The hackers claim to have stolen students’ names, personal email addresses, and messages sent and received between teachers and students, the same type of data that Instructure acknowledged was stolen. Instructor is […]
Meta uses AI to analyze height and bone structure to identify if a user is underage
Meta will begin using AI to scan photos and videos for visual clues to see if a user is under 13 and should be removed from Facebook or Instagram, the company announced Tuesday. These visual cues include a person’s height and bone structure. “To be clear, this is not facial recognition,” Meta explained in a […]
Eleven Labs lists BlackRock, Jamie Foxx, Eva Longoria as new investors
Voice AI company Eleven Labs has revealed new investors as part of its $500 million Series D funding first announced in February. Additions include institutions such as BlackRock, Wellington, DE Shaw, and Schroders. Companies like Nvidia, Salesforce Ventures, Santander, KPN, and Deutsche Telekom. There are also individual investors such as Jamie Foxx, Eva Longoria, and […]
Coinbase to lay off 14% of staff as part of broader restructuring
Cryptocurrency exchange Coinbase on Tuesday announced it will lay off about 700 people, or 14% of its workforce, as part of a broader restructuring aimed at responding to market volatility and increasing its use of AI tools to improve efficiency. The reorganization will flatten the organizational structure from the CEO and COO level to just […]
Moment Energy raises $40 million to meet ‘unlimited power demand’ with EV batteries
Moment Energy CEO Edward Chiang believes North America’s electricity needs are limitless and his startup has the solution. The company, which is headquartered in Canada and the United States, is taking a novel approach to reusing electric vehicle batteries, Chiang told TechCrunch. He said the company’s approach is special because of its dual focus on […]
As workers worry about AI, NVIDIA’s Jensen Huang says AI is ‘creating a huge number of jobs’
As for the fear that AI could take over the workforce, Jensen Huang believes American workers have nothing to fear. In a conversation with MSNBC’s Becky Quick hosted by the Milken Institute, an economic policy think tank, on Monday night, the upbeat Nvidia CEO said that AI will create industrial-scale jobs, not the harbinger of […]
US government warns of critical CopyFail bug affecting major versions of Linux
A serious security vulnerability affecting nearly all versions of the Linux operating system has caught defenders off guard and scrambling to patch it after security researchers published exploit code that gave attackers complete control over vulnerable systems. The U.S. government says the bug, called “CopyFail,” is currently being exploited and actively used in malicious hacking […]
OpenAI’s cozy partner Cerebras is on track for a major IPO
The long-running saga of Cerebras Systems’ IPO is finally nearing the finish line. The AI chip maker announced Monday that it is preparing to sell 28 million shares at a price of $115 to $125 per share. This will raise $3.5 billion and give the company a maximum market cap of $26.6 billion. For latecomers […]
Imagery AI models outpace chatbot upgrades to drive app growth
Image model releases are driving the growth of AI mobile apps, generating 6.5 times more downloads than traditional model updates, according to a new report from app intelligence provider Appfigures. This marks a change from earlier times when demand increased with the release of new models that enhanced the conversation experience, along with new features […]
Elon Musk’s only AI expert witness in OpenAI trial raises concerns about AGI arms race
When will we take the fate of AI seriously? Here’s a key breakdown of Elon Musk’s attempt to shut down OpenAI’s commercial AI business. His lawyers argue that the organization was founded as a charity focused on AI safety and has lost its way in pursuit of profit. To prove that, they cite old emails […]