Google faces a new lawsuit accusing the company of illegally using news publishers’ content to create AI summaries that damage their business. The lawsuit comes from Penske Media (PMC), which owns industry publications such as Rolling Stone, Billboard, Variety, Hollywood Reporter, Deadline, Vibe, and Artforum. While Penske’s suit is the …
Read More »Via raises $492.9M in IPO, and German automakers go on the offensive
Welcome back! Did you miss me? Yes, of course you did. There is a lot of “future of transportation” news to keep track of. Let’s jump in. It’s comeback week, and not just because I have returned from vacation. I’m talking about the biennial IAA Mobility conference in Munich and …
Read More »‘Selling coffee beans to Starbucks’ – how the AI boom could leave AI’s biggest companies behind
How much do foundation models matter? It might seem like a silly question, but it’s come up a lot in my conversations with AI startups, which are increasingly comfortable with businesses that used to be dismissed as “GPT wrappers,” or companies that build interfaces on top of existing AI models …
Read More »Tesla board chair calls debate over Elon Musk’s $1T pay package ‘a little bit weird’
With Tesla shareholders set to vote on a proposed 10-year, $1 trillion compensation package for CEO Elon Musk in November, board chair Robyn Denholm spoke to The New York Times to defend what would be the largest pay package in corporate history. Denholm, who was also on the special committee …
Read More »Pilot union urges FAA to reject Rainmaker’s drone cloud-seeding plan
Rainmaker Technology’s bid to deploy cloud-seeding flares on small drones is being met by resistance from the airline pilots union, which has urged the Federal Aviation Administration to consider denying the startup’s request unless it meets stricter safety guidelines. The FAA’s decision will signal how the regulator views weather modification …
Read More »California lawmakers pass AI safety bill SB 53 — but Newsom could still veto
California’s state senate gave final approval early on Saturday morning to a major AI safety bill setting new transparency requirements on large companies. As described by its author, state senator Scott Wiener, SB 53 “requires large AI labs to be transparent about their safety protocols, creates whistleblower protections for [employees] …
Read More »xAI reportedly lays off 500 workers from data annotation team
Elon Musk’s AI startup xAI laid off 500 team members on Friday night, according to internal messages viewed by Business Insider. These emails reportedly announce an immediate “strategic pivot,” with the company deciding to “accelerate the expansion and prioritization of our specialist AI tutors, while scaling back our focus on …
Read More »Here’s the tech powering ICE’s deportation crackdown
President Donald Trump made countering immigration one of his flagship issues during last year’s presidential campaign, promising an unprecedented number of deportations. In his first eight months in office, that promise turned into around 350,000 deportations, a figure that includes deportations by Immigration and Customs Enforcement (around 200,000), Customs and …
Read More »Hike, once a unicorn, shuts down as India cracks down on real-money gaming
Hike, once one of India’s most valuable startups with unicorn status, has become the latest casualty of New Delhi’s recent real-money gaming ban, with the company — led by Kavin Bharti Mittal, son of Airtel founder Sunil Bharti Mittal — now shutting down. On Saturday, Hike founder Mittal (pictured above) …
Read More »Ram ends EV pickup truck plans
The all-electric Ram 1500 REV pickup truck is dead. Long live the extended-range Ram 1500 REV (once called the Ramcharger). Stellantis, the parent company of Ram, said Friday that it will no longer develop a battery-electric full-size pickup. The company cited low demand for full-size battery-electric trucks as the primary …
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