In a move drawing considerable attention across the tech industry, Nvidia Corporation has publicly critiqued the recently proposed Gain AI Act, emphasizing its potential to stifle competition in the rapidly evolving artificial intelligence sector. The GAIN AI Act, which stands for Guaranteeing Access and Innovation for National Artificial Intelligence Act, was introduced as part of […]
Bank Hacking Has Doubled Since 2023 And Investors Are Getting Spooked
Financial institutions are navigating a growing cybersecurity minefield, with data breaches doubling since 2023 and increasingly affecting a company’s market confidence or regulatory standing. According to a report from AInvest, third-party breaches in the financial sector have doubled since 2023. The report also found that the average breach costs hitting $4.8 million, and insider-related incidents […]
OpenAI Spends $10 Billion to Get Into the Chip Business
OpenAI would like to stop being so reliant on Nvidia to handle its processing needs. To address that, the artificial intelligence startup is reportedly teaming up with Broadcom to develop its own chips, set to be available starting next year, according to the Financial Times. The Wall Street Journal reports that OpenAI’s deal with the […]
Amazon’s ‘Neflix for AI’ Plans to ‘Reconstruct’ Lost Orson Welles Film With Slop
Orson Welles’ 1942 film The Magnificent Ambersons has a complicated legacy—both considered one of the greatest films of all time and a complete mess that saw the iconic director’s vision stifled by his studio and the original cut destroyed. Somehow, the AI guys have decided that’s their signal to get involved. According to The Hollywood […]
People Are Back-Flipping Off of Waymo’s Robotaxis
In a bizarre (or hilarious) late-night episode that underscored public unease with autonomous vehicles, several men climbed onto stalled Waymo robotaxis in San Francisco’s Marina District and began attacking them. They then started sitting and climbing on them, and are one point began doing back flips off the driverless cars while a crowd cheered. City […]
Waymo Says You’re Not Getting its Footage Without a Warrant
Waymo is quietly drawing new boundaries over how authorities access data from its autonomous vehicles. The company said it will reject any requests that are not backed by a legal request such as a warrant or court order. The move is one of several signaling a growing tension between innovation, privacy, and law enforcement power. […]
Elon Musk, AI Startups, and The Case of The Allegedly Missing Trade Secrets
A second lawsuit filed by an artificial intelligence company alleging a former employee stole trade secrets has been filed in California, just days after Elon Musk’s xAI alleged it had recently experienced corporate espionage. In this case, Scale AI, a leading AI data-labeling firm, sued competitor Mercor Inc. in federal court Wednesday, accusing the startup […]
Musk Stakes Tesla Future on One Major Gamble
In a striking shift of narrative, Elon Musk has declared that Tesla’s future valuation will derive 80% from its Optimus humanoid robots, not its electric vehicle business. This declaration, made in tandem with the release of Tesla’s “Master Plan Part IV,” shifts the spotlight firmly to robotics and AI as the company’s aspirational core. Optimus […]
The Next Two Weeks Could Redefine Tech
There’s always something at risk when it comes to investing. But right now, it is definitely smart to keep your eyes open for major market disturbances. With the risk-reward balance in the U.S. equities market stabilizing, Wall Street has entered a pivotal stretch over the next 14 trading sessions that may determine its near-term direction. […]
Here’s How ICE Will Use Israeli Spyware
The Immigrations and Customs Enforcement agency has been in the midst of a particularly large crackdown on immigrants under the leadership of Trump-appointed homeland security secretary Kristi Noem. Now the agency has Israeli spyware to turbocharge its efforts. ICE first signed a $2 million contract with spyware firm Paragon in late 2024 under the Biden […]