Musk seeks up to $134 billion in OpenAI lawsuit despite $700 billion fortune
Elon Musk is seeking a staggering $79 billion to $134 billion in damages from OpenAI and Microsoft, claiming the AI companies defrauded him by abandoning their nonprofit mission, Bloomberg first reported. That figure comes from expert witness C. Paul Wazan, a financial economist who, according to his bio, has been deposed nearly 100 times in […]
AI cloud startup Runpod hits $120 million in ARR — it started with a post on Reddit
Runpod, an AI app hosting platform launched four years ago, has reached an annual revenue run rate of $120 million, founders Zhen Lu and Pardeep Singh told TechCrunch. Their startup journey is a wild example that if you build well and your timing is lucky, they will come. This story includes our journey to over […]
California issues cease-and-desist order to Musk’s xAI over sexual deepfakes
Earlier this week, the California Attorney General’s Office announced that it was investigating xAI over reports that its chatbot Grok was being used to create non-consensual sexual images of women and minors. On Friday, the government sent a cease-and-desist letter to the company, demanding that it immediately stop producing CSAM, which contains non-consensual intimate images […]
TikTok quietly launches microdrama app called ‘PineDrama’
TikTok has quietly released a new standalone short drama app called PineDrama in the US and Brazil. This app provides access to microdramas. Microdramas are essentially bite-sized television shows that are available as a series of one-minute episodes. Think TikTok. But every video you see is a short episode of a fictional story. PineDrama is […]
Supreme Court hacker posts stolen government data on Instagram
According to court documents, a hacker posted personal data of several hacking victims on his Instagram account @ihackthegovernment. Last week, Nicholas Moore, 24, of Springfield, Tennessee, pleaded guilty to repeatedly hacking into the U.S. Supreme Court’s electronic filing system. At the time, the specific nature of the hacking crime to which Moore had admitted was […]
ChatGPT users are about to be exposed to targeted ads
An ongoing debate within and outside the technology community is when and how OpenAI, currently valued at $500 billion, will turn a profit. There’s one surefire way to do that. That is by using advertising. In the short term, that appears to be the plan for the AI giant, which announced this week that limited […]
Trump administration is asking technology companies to buy power plants they may not use for $15 billion
The Trump administration wants to add $15 billion worth of new power generation to the largest power grids and wants tech companies to pay for it, even if they don’t need that capacity. The White House and the governors of several states in the region are calling on grid operator PJM to hold an auction […]
A hacking campaign targeting prominent Gmail and WhatsApp users across the Middle East
On Tuesday, UK-based Iranian activist Nariman Gharib tweeted an edited screenshot of a phishing link sent to him via a WhatsApp message. “Don’t click on suspicious links,” Ghalib warned. The activist, who follows the digital aspects of Iran’s protests from afar, said the campaign targets people like himself who are involved in Iran-related activities. The […]
With Canada’s tariff cuts, China’s EVs gradually move closer to the US
Canadian Prime Minister Mark Carney announced Friday that the country will reduce its 100% import tax on Chinese-made EVs to just 6.1%, paving the way for companies such as Geely, BYD and Xiaomi to establish a second foothold in the North American auto market. However, Canada will not fully participate in China’s EV market. Initially, […]
YouTube eases monetization guidelines for some controversial topics
YouTube is updating its advertiser-friendly content guidelines to allow more videos about controversial issues to earn full ad revenue as long as they are discussed in a way that isn’t dramatic or graphic. These controversial topics include self-harm, abortion, suicide, domestic and sexual abuse, and more. YouTube says content related to child abuse and eating […]