Tesla loses $243 million bid to overturn Autopilot verdict
A judge has denied Tesla’s request to overturn a $243 million jury verdict that held Tesla partly responsible for a fatal crash involving its autonomous driving assistance system, Autopilot. “The basis for relief relied upon by Tesla is substantially the same as the claims Tesla has asserted previously during the trial and at the summary […]
Meta’s Metaverse leaves virtual reality
Meta on Thursday announced a major update to its immersive virtual world Horizon Worlds that will leave the Metaverse behind. The tech giant said it is shifting Horizon Worlds’ focus to be “nearly mobile-only” and has “explicitly separated” the Quest VR platform from the virtual world. Meta’s VR and smart glasses development division, Reality Labs, […]
Lucid Motors cuts 12% of its workforce in pursuit of profits
Lucid Motors will lay off 12% of its workforce to “improve operational efficiency and optimize resources as we continue on our path to profitability,” according to an internal memo obtained by TechCrunch. Hourly workers in manufacturing, logistics and quality teams will not be affected by the layoffs, according to a memo sent to employees who […]
Why investors are excited about solid-state transformers
It’s no secret that the power grid is aging, but some parts stand out more than others. Transformers haven’t changed much since Thomas Edison created the first light bulb. A series of startups is now working to replace transformers with modern power electronics, giving power grid operators more control over where and how electricity flows. […]
According to OpenAI, nearly 50% of ChatGPT users in India are between the ages of 18 and 24.
OpenAI appears to have found a product and market fit for India’s youth. The company announced Friday that users between the ages of 18 and 24 accounted for nearly 50% of messages sent to ChatGPT in the country, while users under 30 accounted for 80%. According to AI Lab, Indians primarily use ChatGPT for work, […]
Ali Partovi’s Neo aims to revolutionize accelerator models with low dilution conditions
For the most sought-after founders, the prestige of a top-tier accelerator and giving up significant ownership of their company weighs more and more. Ali Partovi, veteran investor and CEO of venture firm Neo, wants to provide mentorship and community for one of the most elite accelerator programs. In doing so, we don’t force our best […]
Nvidia ramps up early-stage commitment to India’s AI startup ecosystem
Nvidia is ramping up its efforts to court Indian artificial intelligence startups early in their lifecycles, announcing a series of partnerships this week aimed at approaching founders even before the companies are formally established. The push aims to help AI chipmakers build relationships with future customers in one of the world’s fastest-growing developer markets. This […]
FBI says ATM ‘jackpot’ attacks are on the rise, with hackers stealing millions of dollars in cash
In 2010, renowned security researcher Barnaby Jack successfully hacked an ATM automated teller machine on stage at the Black Hat security conference, causing it to spit out a large amount of banknotes in front of an awed audience. More than a decade later, ATM jackpots (so-called jackpots) have moved out of the realm of theoretical […]
At a critical moment, Snap loses top spec executive
Snap has big plans to release the latest version of its AR glasses, Specs, later this year. Despite this hardware product being a strategic priority, the company recently reportedly fired one of the executives involved in the project over a dispute with Snap CEO Evan Spiegel. Technology blog Sources initially reported that the company recently […]
Google announces its AI system helped stop Play Store malware in 2025
The company says fewer criminals are targeting Google Play with malicious apps, and it attributes this change to the tech giant’s increased investment in proactive security systems and AI technology. Google said in its latest Android App Ecosystem Safety Report released Thursday that it will prevent 1.75 million policy-violating apps from being published on Google […]