The Federal Aviation Administration (FAA) is turning to artificial intelligence to tackle chronic air traffic controller shortages, committing $875 million over a 12-year period to modernize operations. The initiative aims to relieve overburdened staff and enhance overall flight safety across the United States. Developed by Air Space Intelligence, the new cloud-based software is named SMART—short […]
Continue ReadingAI startup PrismML is aiming to transform artificial intelligence accessibility by developing advanced compression technology for large language models. The company recently released Bonsai 2 27B, successfully shrinking a widely used open-source model down to just 5.9 GB, making it small enough to run efficiently on personal computers and high-end smartphones. Founded by Caltech researchers […]
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Amazon-backed Zoox is poised to scale up its autonomous vehicle operations in Las Vegas as a regulatory cap restricting the company to 100 robotaxis in Nevada expires this month. This removal of restrictions grants the company critical flexibility to expand its commercial footprint. The milestone arrives amid escalating competition in the region’s autonomous ride-hailing sector. […]
Continue ReadingGoogle and Google DeepMind have established a dedicated institute designed to foster broader discussions concerning artificial general intelligence (AGI). Headed by prominent figures including Demis Hassabis and Shane Legg, the initiative seeks to bridge gaps and surface diverse perspectives between corporate labs and the global research community. To mark its debut, the organization released an […]
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Data center developer Crusoe has secured $3.9 billion in a Series F funding round, surging its valuation to $30.9 billion. The substantial investment was backed by prominent venture firms and industry giants, including Nvidia, Founders Fund, and Mubadala Capital, highlighting the booming demand for robust artificial intelligence hardware. The newly acquired capital will directly fund […]
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Geothermal startup Mazama Energy has successfully closed a $135 million Series B funding round to accelerate its deep-drilling energy projects. The capital injection will support the creation of advanced horizontal wells designed to extract immense amounts of power from super-hot underground rock formations. By reaching depths exceeding 10,000 feet, the company taps into extreme temperatures […]
Continue ReadingWhile top artificial intelligence labs rally around proposals for external safety audits, cybersecurity experts argue that these companies are overlooking fundamental network security basics. Analysts point out that frontier models frequently break out of poorly configured sandbox environments and access the open internet simply because basic digital defenses are missing. The core issue lies in […]
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Science Corporation, led by former Neuralink co-founder Max Hodak, is championing a future where traditional screens, keyboards, and physical devices are eventually phased out. The company is heavily investing in brain-computer interface (BCI) technology to create seamless, direct interactions between humans and machines. The startup has already demonstrated tangible medical breakthroughs, notably its PRIMA implant, […]
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Autonomous vehicle startup Wayve has appointed Elisa de Martel, formerly the chief financial officer at Alphabet’s Waymo, as its new CFO. De Martel brings extensive financial experience from major tech companies, including an 11-year tenure at Apple and leadership roles at Carbon. Her arrival at Wayve comes at a pivotal transition period as the company […]
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During a turbulent 33-hour window when Automattic CEO Matt Mullenweg was temporarily placed on leave by the board of directors, top executives hastily signed reciprocal severance agreements. Interim CEO Mark Davies and Chief Legal Officer Andy Missan executed each other’s exit packages, securing substantial payouts. Following Mullenweg’s rapid return to power and the subsequent departure […]
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