Trump’s Department of Energy wants to cancel billions more in awards that were granted by the Biden administration, and startups are in the crosshairs.
Author: WpAdminXfinity
xAI hires former Morgan Stanley banker Anthony Armstrong as CFO
Armstrong, who advised Musk during his Twitter takeover, will oversee the finances of both xAI and X, which were merged in April, the report said.
Lucid Motors sets record as Gravity sales pick up and tax credit expires
The company has seen EV deliveries increase for seven straight quarters, even though it’s still way off the ambitious goals it promoted when it went public in 2021.
Taylor Swift fans accuse singer of using AI in her Google scavenger hunt videos
Swifties love a puzzle, but some were rubbed the wrong way by a promotional scavenger hunt which appeared to use AI-generated videos.
Deloitte goes all in on AI — despite having to issue a hefty refund for use of AI
Deloitte is rolling out Claude to its nearly 500,000 employees after issuing a refund for a report that contained AI hallucinations.
Microsoft buys another 100 MW of solar, this time in Japan
The new deal covers output from four different solar projects. Microsoft has said it will spend $2.9 billion to expand its infrastructure in Japan.
Firefly leans into its defense ambitions with $855M SciTec acquisition
Firefly Aerospace has agreed to buy defense analytics firm SciTec for about $855 million in cash and stock as the company tries to push deeper into the national security market.
Heidi Health raises $65M Series B led by Steve Cohen’s Point72
Heidi Health raised a $65 million Series B led by Steven Cohen’s Point72.
California’s new AI safety law shows regulation and innovation don’t have to clash
“Are bills like SB 53 the thing that will stop us from beating China? No,” said Adam Billen, vice president of public policy at youth-led advocacy group Encode AI. “I think it is just genuinely intellectually dishonest to say that that is the thing that will stop us in the race.”
Waffles eat Bluesky
A waffle-centric controversy underlines ongoing tensions between Bluesky and some of its most vocal users.