Groq Seeks $650 Million To Expand Inference Neocloud Using Homegrown AI Chips
Groq is raising $650 million from existing investors to grow its inference neocloud business, which uses its homegrown AI chip and systems to host inference-heavy applications for developers and enterprises.…
Chinese Carmakers Take Lead As Foreign Brands Lose Ground In EVs Software And Batteries
Chinese automakers are pulling ahead in electric vehicles, batteries, design, and software, forcing US, European and Japanese manufacturers to rethink partnerships and production strategies. Factory visits in Beijing and Hefei…
California Attorney General Says He Will Sue Chrome Holding Over 23andMe Data Breach
California Attorney General Rob Bonta announced plans to sue Chrome Holding, alleging the company’s predecessor, 23andMe, failed to protect customer genetic data in a 2023 breach that exposed sensitive information…
Google Engineer Charged With Insider Trading After Polymarket Bets
A federal prosecutor in New York charged Google engineer Michele Spagnuolo with using early access to internal Google information to place cryptocurrency bets on Polymarket that returned about $1.2 million…
Phillips Distilling Moves Sour Puss Production To Canada After Provincial Boycott
Phillips Distilling shifted some production of its Sour Puss liqueur to Canada after provincial bans on U.S. liquor cut its Canadian sales by about 70 percent. The company said moving…
Volvo Secures U.S. Exemption For Vehicles With Chinese Connected Tech
The U.S. Department of Commerce granted Volvo Cars a specific authorization to continue importing and selling vehicles that include Chinese-connected car technology, exempting the automaker from recent U.S. restrictions. The…
UK Visa Portal Exposed Thousands Of Passports And Selfies
The third-party site UK Visa Portal publicly exposed thousands of passport images and selfie photos uploaded by applicants, a security lapse that TechCrunch says affected at least 100,000 documents before…
SOND Launches Dreambuds Earbuds That Actively Intervene To Improve Sleep
The Boston startup SOND emerged from stealth with $7 million in funding and introduced Dreambuds, an in-ear system that captures 12 physiological signals and uses a cloud-based AI sleep coach…
FAA Orders Investigation After SpaceX Starship Booster Mishap
The Federal Aviation Administration has declared SpaceX’s May 22 Starship Flight 12 a mishap and ordered a SpaceX-led investigation that the FAA will oversee and approve, pausing further Starship test…
Shadow Brokers leak still stands as one of cybersecurity’s biggest unsolved mysteries
The Shadow Brokers, an unidentified group that appeared in 2016 and released hacking tools believed to come from the NSA, remain unmasked ten years later. Their dump helped expose powerful…
UMG and TikTok renew deal to remove unauthorized AI music
Universal Music Group and TikTok have renewed their licensing agreement with a new commitment to remove unauthorized AI-generated music and improve artist and songwriter attribution. The agreement marks a shift…
BP removes chairman Albert Manifold over governance concerns
BP has removed chairman Albert Manifold with immediate effect after serious concerns over governance standards, oversight and conduct, with the BBC understanding that bullying and overbearing behaviour were among the…
Pope Leo XIV calls for AI oversight in first encyclical
Pope Leo XIV’s first encyclical, Magnifica Humanitas, warns that artificial intelligence is intensifying older problems such as inequality, war, democratic erosion, and concentrated power. The document argues that AI must be…
Indian farmers turn to custard apple exports as demand rises
Ashoka Shivareddy and other farmers in India are expanding custard apple production and exports by using hardier varieties, better post-harvest handling, and cold-chain logistics to turn a drought-tolerant crop into…
