The Tesla Cybertruck, a futuristic electric pickup truck, has been garnering attention on social media thanks to CEO Elon Musk’s promotion. However, Tesla has yet to release final pricing and specifications for the vehicle first unveiled in November 2019. In a recent company-wide email, Musk expressed concerns about the precision in manufacturing the Cybertruck, as …
The world’s inaugural artificial intelligence safety summit will be held in Bletchley Park, an iconic location known as the site where codebreakers deciphered the code that brought an end to World War II. In a press release on Thursday, the U.K. government announced its intention to convene international governments, leading AI firms, and research experts …
The Hugging Face website on a smartphone arranged in New York, Aug. 17, 2023. Gabby Jones | Bloomberg | Getty Images Hugging Face, an AI company based in New York, has secured $235 million in funding at a valuation of $4.5 billion, with support from some of the biggest names in the technology industry. Companies …
David Ferrucci, CEO and founder of Elemental Cognition, delivered a speech at a conference in New York on November 8, 2017. Alex Flynn | Bloomberg | Getty Images David Ferrucci, an esteemed pioneer in artificial intelligence and the leader of the renowned IBM Watson team, has successfully raised nearly $60 million in funding for his …
The U.K. has been criticized by some in the industry for creating obstacles for its fintech entrepreneurs, leading them to consider listings overseas. However, in an effort to enhance Britain’s reputation as a fintech investment hub, the country has established an investment vehicle dedicated to supporting growth-stage fintech companies until they are ready to go …
Speaking at the National Action Network House of Justice headquarters on Martin Luther King Jr. Day, U.S. Attorney for the Southern District of New York Damian Williams announced the indictment of the founder of a data analytics firm. The firm, which claimed to use artificial intelligence technologies, is accused of defrauding investors by manipulating bank …
Skyline Robotics is revolutionizing the traditional practice of window washing through innovative technology that aims to redefine the industry. The startup’s window-washing robot, Ozmo, is currently operational in Tel Aviv and New York, and has successfully cleaned major Manhattan buildings in partnership with Platinum, the city’s largest commercial window cleaner, and real estate giant The …
Christoph Gebald (left) and Jan Wurzbacher, co-founders of Climeworks. Photo courtesy Climeworks The U.S. Department of Energy is investing up to $1.2 billion in groundbreaking technology aimed at mitigating global warming. This technology involves large-scale direct air capture (DAC) using giant vacuums that suck carbon out of the atmosphere. Currently, DAC projects have not been …
The Starling Bank app displayed on a person’s phone. Adrian Dennis | AFP via Getty Images British digital bank Starling has set its sights on expanding into the Asia-Pacific region, marking its first move outside of Europe. With backing from Goldman Sachs, Starling is in discussions with an Asian bank about bringing its Engine banking-as-a-service …
The sport utility vehicle (SUV) from Tesla Motors Inc., the Model X, had an interesting turn of events after it was totaled in the U.S. last year. The car suddenly came back online and started sending notifications to its former owner, Jay Yarow, who is the CNBC executive editor. Yarow discovered that his car, or …