Here is the daily technology #threadcast for 10/30/24. The goal is to make this a technology "reddit".
Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.
Here is the daily technology #threadcast for 10/30/24. The goal is to make this a technology "reddit".
Drop all question, comments, and articles relating to #technology and the future. The goal is make it a technology center.
Do You think it would be more ideal for a Tech Billionaire to become president? Say Elon or Besos or Zuckerberg?
Elon cant be president unless the constitution is changed which isnt going to happen so cross him off the list.
As for the Tech Billionaires, it could be but I dont think most of them would do it. They wield more power than the President does. Meta and Google are international.
by inference they don't need to be president they're already 😂😂😂 good one but facts
Not really, who is going to run their business for their stakeholders? I guess Besos is kind a retired now but Elon is holding the vision, we need him for Mars not for Earth :)
You're right they'll have to leave their business to do that just like Trump did
I think billionaires would make much worse presidents than ordinary billionaires like DT.
What’s the most underrated tech skill that everyone should learn at this time?
maybe coding and prompt engineering because all that will be done by AI anyways
I would say it is general knowledge. People want to get specific when that is what AI is going to replace.
It is far easier to program particular skills as compared to general knowledge.
If there is a "skill" perhaps prompting and understanding how individual chatbots operate.
Kinda cool how it has shifted then. I have felt that in IT e.g there has been a great benefit to dive deep into one topic.
AI, but specifically low/no-code. The output you can get with tools like Replit and Bolt based on the required input is insane. All u need is the language to communicate the idea to the model, then boom 💥
#technology is going to create so much deflation over the next decades that it is going to make people's head spins.
Would you say its more deflationary than before or has tech always been deflationary?
The number of areas is expanding so the deflation will only accelerate.
Tech has always been deflationary, something overlooked by people.
What did music cost in the 1980s? About a buck a song ($8-$10 for a cassette). Today. Basically free.
What did long distance cost? 10-20 cents per minute. Today, we can communicate with people all over the world for basically nothing.
How much would a 1 hours live YT telecast that reached 1000 people cost in the 1980s? It would have been recorded and CDs mailed out.
These are things that are overlooked.
tech is all about connecting systems and ecosystems, so it's quite natural for costs to go down as the infra becomes better.
Yes and I guess this would be a point for the people saying that new tech creates new jobs while some older jobs dissapears.
Kinda crazy to think how far we actually have come in quite short time span.
They say that but the labor force participation rate tells a different story. That peaked globally in 1990 and in the US 1998. So we are 25-30 years into this technological age and the stats are showing that jobs are not keeping up.
And now we have a technology that is going at an unbelievable pace.
I actually hope for a timelime again where only one in a houshold needed to work and could still afford a house and to live.
Going to have to reverse urbanization. One of the affordability issues is the fact that people are packed around cities like sardines.
Land doesnt expand but the number of people within a geographic areas seems to grow.
That might work well since generally the older population lives in the rural areas. Might be a lot of vacancies and opening for a new wave of modern rural living.
Just look at the cost, in the past 2 years for a 3,000 word article. What would that cost for a professional writer? How long would it take?
Chatbots do it for free and require only some editting.
Editing and fact checking would I say, since many times if you ask a chatbot it just does makes up stuff.
Well thats a good point 😅
Most what msm does today is making stuff up or trying to frame it from their worldview.
Ashton Kutcher believes that every company is going to become an AI company, but that there might not be a winner in the space.
Ashton Kutcher, co-founder of Sound Ventures, believes that every company is going to become an AI company, but that there might not be a winner in the space.
The actor and investor spoke at TechCrunch Disrupt 2024 on Tuesday alongside Sound co-founder Guy Oseary and partner Effie Epstein to detail what the firm is looking for in founders and startups, and how they believe foundational AI companies are setting the stage for the future.
“Foundation-layer AI companies are going to be some of the most valuable companies that have ever been created in the history of humankind,” Kutcher said.
He said it’s easy to underestimate how big of a deal AI is, and that he believes foundational AI models are going to be the foundation of everything to come.
“There will not be a company in the world that is not, in some way, shape, or form, using AI in the future,” Kutcher said. “So every company is going to be an AI company. And it’s our thesis that whether it’s open source AI, whether it’s closed systems like Anthropic or OpenAI or World Labs, or whether you’re building software using Magic.dev, those things are going to be the underpinnings of everything else.”
Here's a more detailed biography of Ashton Kutcher:
Ashton Kutcher was born on February 7, 1978, in Cedar Rapids, Iowa, to Diane and Stephen Kutcher. His father was a insurance salesman, and his mother was a homemaker. Kutcher has two younger siblings, a brother named Michael and a sister named Tasha.
Kutcher grew up in a small town in Iowa and was a athletic child. He was a star basketball player in high school and was also a member of the school's drama club. He was a charismatic and outgoing child, and he was always interested in performing and making people laugh.
Move to New York City and Early Career
In 1997, Kutcher moved to New York city to pursue a career in acting. He had no connections in the industry and had to work multiple jobs to make ends meet. He worked as a model, waiting tables, and even sold plasma to make money.
Despite the challenges, Kutcher persevered and eventually landed a few small roles in independent films and TV shows. He appeared in the 1998 film "Loser," which was his first major role.
Breakthrough and Success
Kutcher's breakthrough role came in 1998 when he was cast as Michael Kelso on the popular Fox sitcom "That '70s Show." The show was a huge success and ran for eight seasons, making Kutcher a household name.
During his time on "That '70s Show," Kutcher also began to land film roles. He appeared in the 2000 film "Just Visiting," and he also had a supporting role in the 2003 film "Dude, Where's My Car?"
In 2003, Kutcher starred alongside Brittany Murphy in the romantic comedy "Just Married." The film was a box office success, and Kutcher's performance earned him critical acclaim.
In 2005, Kutcher starred in the romantic comedy "Guess Who," which was a commercial success. He also appeared in the film "The Butterfly Effect," which was a critical success.
Punk'd and Other Ventures
In 2003, Kutcher created and produced the MTV reality show "Punk'd," which became a huge success. The show featured Kutcher playing pranks on celebrities and making them think that they had been duped.
Kutcher also began to invest in other ventures, including a production company called Katalyst media. The company produced several films and TV shows, including the TV series "The Beauty Below."
In 2011, Kutcher co-founded the venture capital firm A-Grade investments, which focuses on investing in early-stage startups. The Firm has invested in several companies, including Uber and Airbnb.
Personal Life
Kutcher has been married twice. His first marriage was to actress Demi Moore in 2005, but the couple divorced in 2013. Kutcher and Moore have two children together, a daughter named Faith and a son named Dempsey.
In 2015, Kutcher married actress Mila Kunis, and the couple has two children together, a daughter named Wyatt and a son named Dimitri.
Philanthropy
Kutcher is also involved in several charitable organizations, including the Michael J. Fox Foundation, which he co-founded in 2006. The foundation focuses on finding a cure for Parkinson's disease.
Kutcher has also been involved in several other charitable organizations, including the Make-A-Wish Foundation and the Children's hospital Los Angeles.
Influence and Legacy
Kutcher has been named one of the most influential people in the world by Time magazine in 2015. He has also been recognized for his philanthropic work, particularly in the area of education and technology.
Throughout his career, Kutcher has been known for his charisma and sense of humor. He has become a household name, and his influence can be seen in many areas of popular culture.
AMD shares are up about 20% so far in 2024, although rivals such as Nvidia and Broadcom have had much greater gains during the same period, driven by AI chips.
Advanced Micro Devices reported third-quarter results Tuesday, with earnings in line with forecasts and revenue that slightly beat expectations.
Here's how the company did, compared with LSEG estimates for the quarter ending Sept. 28:
Earnings per share: 92 cents adjusted vs. 92 cents expected
Revenue: $6.82 billion vs. $6.71 billion expected
AMD said its important data center business doubled in sales for the second quarter in a row, but overall revenue guidance for the fourth quarter was in line with consensus expectations.
AMD shares fell 7% on Tuesday in extended trading.
AMD said it expected about $7.5 billion in sales in the current quarter, in line with consensus expectations of $1.16 in adjusted earnings per share on $7.54 billion in revenue. That would be a 22% year-over-year decline for the December quarter.
German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.
German automaker Volkswagen on Wednesday reported a 42% drop in operating profit in the third quarter.
Operating profit fell to 2.86 billion euros ($3.1 billion), while third quarter sales revenues slipped 0.5% year on year to around 78.5 billion euros.
Vehicle sales fell 8.3% in the third quarter of 2024 compared to the same time period a year earlier, Volkswagen said.
Net liquidity across the Volkswagen Group stood at negative 160.6 billion euros at the end of September 2024, it said. The company's net liquidity stood at negative 147.4 billion euros at the end of 2023.
The Chinese smartphone company also announced a high-end sports version of the car, the SU7 Ultra, would begin preorders ahead of a product release in March.
China's Xiaomi said Tuesday that it had delivered more than 20,000 SU7 EVs in October as it ramps up production for its electric car venture in a fiercely competitive market.
The Chinese company, which is largely known for its smartphones and home appliances, reiterated plans to deliver 100,000 SU7 vehicles by the end of November. Xiaomi first revealed plans to make cars in 2021 and began building a dedicated manufacturing plant the same year.
The company released the basic version of the SU7, its first car, in late March for about $4,000 less than Tesla's cheapest car — Model 3 — in China at the time. Tesla subsequently cut the car's price by about $2,000. Xiaomi has delivered more than 75,000 SU7 cars to date, including October's figures.
Chinese rivals Xpeng and Nio took about six years to produce 100,000 electric cars, while it took Tesla 12 years.
While Xpeng delivered a monthly record of more than 20,000 cars in September, with about half owed to its newly launched, lower-cost brand Mona, Nio has struggled to keep monthly deliveries above 20,000 cars.
Reddit reported third-quarter results that exceeded analysts' estimates and gave a forecast for the current period that was well ahead of estimates.
Reddit shares jumped 22% in extended trading Tuesday, topping $100 for the first time, after the social media company reported third-quarter results that topped analyst estimates and issued an optimistic forecast for the current period.
Here's how the company did compared with LSEG estimates:
Earnings per share: 16 cents vs. a loss of 7 cents expected
Revenue: $348.4 million vs. $312.8 million expected
Reddit said fourth-quarter revenue will be between $385 million and $400 million, beating the average analyst estimate of $357.9 million. Adjusted earnings for the fourth quarter will be in the range of $110 million to $125 million, higher than the $85.2 million average estimate.
Revenue in the third quarter jumped 68% from a year earlier, and the company turned profitable, reporting net income of $29.9 million, compared with a net loss of $7.4 million during the same quarter a year ago.
The company said that its daily active users grew 47% year over year in the third quarter to 97.2 million, better than analyst estimates of 96.5 million.
Apple is framing the new Mac Minis, like all of its new products announced this year, as built for Apple Intelligence.
Apple announced on Tuesday new Mac Mini models, featuring the first major redesign since 2010 that makes the desktop computer significantly smaller.
Aside from a redesign that shrunk the case and reduced the computer's volume in half, the main upgrade on these new computers is that they include Apple's latest chip, either the M4, or a more powerful version called the M4 Pro.
The Mac Mini is Apple's least-expensive Mac, starting at $599, and does not include a display, which is sold separately. When the product line was first introduced in 2008, it was marketed as a computer for people switching from Microsoft Windows who could simply plug their existing keyboard, mouse and monitor into their new silver box.
The Mac Mini is not one of Apple's highest-volume computers in terms of sales, but it is an important slot in Apple's lineup, especially for people who make apps for iPhones and other Apple platforms. Many iPhone developers like to run a Mac Mini as a personal development server for coordinating uploads and code.
Snap reported third-quarter results on Tuesday that beat on the top and bottom lines, but the company issued light fourth-quarter guidance.
Snap reported better-than-expected third-quarter results on Tuesday but issued light fourth-quarter guidance. The stock jumped more than 10% in extended trading.
Here is how the company did:
Earnings per share: 8 cents adjusted vs. 5 cents expected, according to LSEG
Revenue: $1.37 billion vs. $1.36 billion expected, according to LSEG
Global daily active users: 443 million vs. 441 million expected, according to StreetAccount
Global average revenue per user: $3.10 vs. $3.09 expected, according to StreetAccount
Sales jumped 15% from a year earlier in the third quarter, while Snap's net loss narrowed to $153 million from $368 million a year prior.
Fourth-quarter sales will be between $1.51 billion and $1.56 billion. The midpoint of its guidance is $1.54 billion, which is below the average analyst estimate of $1.56 billion. Snap said its adjusted earnings for the fourth quarter will be between $210 million and $260 million. The middle of the range is higher than analysts' estimates of $230.7 million.
Snap also announced a $500 million stock repurchase program.
The number of Snapchat+ paying subscribers is now at 12 million, the company said. That is up from the 11 million it reported in August. The company debuted its subscription service in 2022, pitching it as a way for users to experience exclusive and prerelease features for $3.99 a month.
In her first earnings call as Alphabet CFO, Anat Ashkenazi said more streamlining will be needed so the company can invest in AI.
For nine years, the CFO role at Google and parent company Alphabet was held by Ruth Porat, who took a giant pay package in 2015 to leave Wall Street for Silicon Valley.
On Tuesday, Porat's successor, Anat Ashkenazi, made her earnings call debut, and said one of her top priorities will be to drive more "cost efficiencies" across the company, an effort started by her predecessor and Alphabet CEO Sundar Pichai.
"There's really good work that was done, started by Ruth, Sundar and the rest of the lead team to re-engineer the cost base," Ashkenazi, who previously spent 23 years at drugmaker Eli Lilly, said on the call. "But I think any organization can always push a little further and I'll be looking at additional opportunities."
Ashkenazi joined Alphabet in July, almost a year after the company announced that Porat would move into a new role as president and chief investment officer. Her appearance on Tuesday came after Alphabet reported third-quarter earnings that beat on top and bottom lines, driven by strong revenue growth from the company's search and cloud units.
Alphabet shares, up 21% for the year, rose another 5.8% in extended trading after the report.
Strains specialized to live in high-CO2 oceanic environments have evolved traits that are useful for decarbonization and bioproduction
An international coalition of researchers from the United States and Italy has discovered a novel strain of cyanobacteria, or algae, isolated from volcanic ocean vents that is especially adept at growing rapidly in the presence of CO2 and readily sinks in water, making it a prime candidate for biologically-based carbon sequestration projects and bioproduction of valuable commodities.
This strain, nicknamed “Chonkus,” was found off the coast of the island of Vulcano in Sicily, Italy — an environment in which marine CO2 is abundant due to shallow volcanic vents. The discovery is described in a paper published today in Applied and Environmental Microbiology.
“Dissolved carbon is relatively dilute compared to all the other molecules in the ocean, and that limits the growth of photosynthetic organisms that live there. We decided to investigate what happens when you alleviate that limiting factor by going to a place with plenty of carbon, where some organisms could have evolved the ability to use it to galvanize their growth,” said co-corresponding author Max Schubert, Ph.D., who was a staff scientist at the Wyss Institute at Harvard University when the work was conducted and is now Lead Project Scientist at Align to Innovate. “This naturally occurring strain of cyanobacteria has several traits that could be useful to humans, including highly dense growth and a natural tendency to sink in water, making Chonkus a particularly interesting organism for future work on decarbonization and biomanufacturing.”
From the shallow sea to the lab bench
Schubert and fellow corresponding author Braden Tierney, Ph.D. first met as bench neighbors in the lab of Wyss Core Faculty member George Church, Ph.D. nine years ago, but didn’t start collaborating until both were later working at Harvard Medical School (HMS) in 2016. Schubert, a microbiologist who was interested in building tools for directed evolution of bacteria and their genomes, submitted a proposal to the HMS Consortium for Space Genetics’ 2019 Symposium on Climate Change to bring this work to cyanobacteria. He won the top prize, which funded his early forays into applying his tools to cyanobacteria to investigate their potential to help fix and sequester carbon.
OpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.
Sam Altman, the controversial CEO of OpenAI, has a stake in social media company Reddit that's worth over $1 billion as of post-market trading on Tuesday.
Prior to the surging popularity of OpenAI's ChatGPT, which was released to the public in late 2022, Altman was best known as a startup investor and as the former president of Y Combinator. Altman's investment portfolio includes past or present stakes in Airbnb, Uber, Instacart, Stripe and Asana, but one of his top bets was Reddit. Altman was on the social media platform's board until around January 2022, when the company said he had recently stepped down.
Reddit went public in March at $34 a share.
Altman controls roughly 12.2 million shares of Reddit, a company he first invested in over a decade ago. Reddit shares soared about 20% in extended trading after the compny reported better-than-expected quarterly results and issued an optimistic forecast.
At Reddit's after-hours share price of $98, Altman's holdings are valued at about $1.2 billion.
There’s a new trend of jailbreaking. AI hackers find ways to bypass AI’s filters and make it do unexpected things. These competitions are exposing weaknesses in top AIs companies like OpenAI
It is always a cat and mouse game. The tech companies bring something out and the hackers get around it.
Cybersecurity is never dull.
it never is but who will win in the end, the AI company or the hackers because as they keep doing this, hackers learn the system better and can intentionally leave loopholes to take advantage of
There is no war that ends...it is just ongoing battles with each side winning periodically.
"The atmospheric conditions existing on Mars today make the existence of life impossible."
What is the amount of greenhouse warming required to heat up the cold climes of Mars enough so that trees can grow on the Red Planet?
New research points to how much you’ve got to jack up the carbon dioxide (CO2) on Mars to support plant growth, to raise the planet’s temperatures just enough for trees to grow.
Its such a interesting idea to terraform Mars. I hope that its possible and that we can colonize mars 🚀
I am not big into that stuff. Space is an area I dont follow closely (although I am increasing my consumption).
To me, space manufacturing is problem the first major industry that excites me.
Yeah I dont know much either but its a exciting topic.
Just look at how much attention SpaceX draws :)
Energy balance
This futuristic plant growing scenario is led by Robert Olszewski, a professor at Warsaw University of Technology in Poland. He and research associates have led a look at the surface energy balance at Mars, such as the diffusive exchange of heat between carbon dioxide condensation and evaporation, heat exchange with the subsurface, and the transport of heat by atmospheric circulation.
global warming on Mars will be a whole different story. And I don't think they're fully certain of dangers that exist there yet but eventually we'll find out
Google won't ship tech from Project Astra, its effort to build AI apps and 'agents' for real-time, multimodal understanding, until 2025 at the earliest.
Google won’t ship tech from Project Astra, its wide-ranging effort to build AI apps and “agents” for real-time, multimodal understanding, until next year at the earliest.
Google CEO Sundar Pichai revealed the timeline in remarks during Google’s Q3 earnings call Tuesday. “[Google is] building out experiences where AI can see and reason about the world around you,” he said. “Project Astra is a glimpse of that future. We’re working to ship experiences like this as early as 2025.”
Project Astra, which Google demoed at its I/O developer conference in May 2024, encompasses a range of technologies, from smartphone apps that can recognize the world around them and answer related questions to AI assistants that can perform actions on a user’s behalf.
In a prerecorded demo during I/O, Google showed a Project Astra prototype answering questions about things within view of a smartphone’s camera, like which neighborhood a user might be in or the name of a part on a broken bicycle.
The Information reported this month that Google was planning to launch a consumer-focused agent experience as early as this December — one capable of purchasing a product, booking a flight, and other such chores. That now seems unlikely — unless the experience in question is divorced from Project Astra.
Anthropic recently became one of the first companies with a large generative AI model able to control apps and web browsers on a PC. But, illustrating how challenging building AI agents can be, Anthropic’s struggles with many basic tasks.
Some say driverless vehicles are the future of mobility in rural areas but there are many challenges to address before they can be fully implemented.
Self-driving shuttles have been deployed in a remote region of southeastern France amid growing European interest in automated electric vehicles (EVs) as an option for public transport.
“We are trying to ensure that this is a new means of travel and mobility for people living in suburban or rural areas,” Yann Arnaud, director of responses to customer needs and innovation at the French insurance company MACIF, told Euronews Next on the sidelines of the European Mobility Expo.
The shuttles, which have been deployed since 2020, currently use a path of around 5 km with seven stops over 20 minutes with a control operator present to ensure a swift journey.
“We guarantee safety through a technology that is in line with the European vision of what an automated vehicle should be, so a vehicle that has learnt its route before operating it and which, when it is in operation and without a driver on board, simply compares what it has learnt with what it sees,” said Benjamin Beaudet, general director at Beti, the operator of the automated shuttles.
He drew a comparison to US and Chinese companies that have focused more on self-driving taxis, which don’t have predefined routes, with leading companies being Waymo (owned by Alphabet, Google’s parent company), Uber, and Tesla.
We are rapidly moving in that direction. Give it another year and it will be in the hands of most.
no doubt about that. Of course most won't actually take advantage of it. But they could be
Recruiting on LinkedIn gets an AI boost
LinkedIn has injected yet more artificial intelligence in a bid to take the stress out of the hiring process.
The platform's new AI-powered Hiring Assistant is designed to help companies find the right talent by handling time-consuming administrative tasks like candidate sourcing and application reviewing.
The addition comes as the world undergoes a major labor market shift – with new LinkedIn research claiming 10% of jobs being filled now didn’t exist two decades ago.
LinkedIn new AI Hiring Assistant
According to company data, three in four (74%) UK business leaders agree that work is evolving at an unprecedented pace, with new roles and skills evolving quickly.
The Microsoft-owned platform also revealed more than half (51%) of UK HR professionals are facing rising expectations. Microsoft’s multibillion-dollar investment in ChatGPT maker OpenAI, and the subsequent trickling down of AI features across its portfolio, are hoped to ease some of the pressures that workers face today.
LinkedIn has already trialed its Hiring Assistant at companies like Siemens, Canva and Zurich Insurance, with plans to expand access globally in the coming months.
As well as increasing the efficiency of HR workers, LinkedIn has also rolled out more AI to help recruits further their skills development with an interactive coaching feature focused on interpersonal skills. The tool includes real-world interactive scenarios, like performance reviews, using voice or text.
Archon Biosciences, a biotech startup putting AI to work designing novel biomolecules, has just emerged from stealth with an impressive $20 million
Archon Biosciences, a biotech startup putting AI to work designing novel biomolecules, has just emerged from stealth with an impressive $20 million in seed funding. The company aims to supercharge antibody treatments using specially designed protein “cages” that multiply their effects, opening up new opportunities in drug development.
This is the first company to be spun out of Baker Lab, the University of Washington research outfit overseen by pioneering computational biologist and recent Nobel Prize winner David Baker. His team’s work on generative protein design using AI and other means has been foundational in the fast-evolving industry, and Archon is taking a specific aspect of it to market.
One shortcoming of antibody treatments (and research into effective treatments) is that, like all molecular biology, the process depends a bit on chance. It’s difficult to control how much an antibody or protein actually binds to its target on a cell or other surface.
What Archon’s antibody cages, or AbCs, do (as documented in this paper published in Science) is offer a scaffold for modifying and multiplying their effectiveness. A free-floating antibody may have only a small chance of binding to a target protein, but if you were to stick a dozen of them together in a big dodecahedron, that significantly and perhaps profoundly improves that chance.
This may be the difference between being able to tell if a medication works or not.
Elon Musk-owned social network X made changes to its API pricing and limits today and also announced annual plans with a discounted rate.
Elon Musk-owned social network X made changes to its API pricing and limits today and also announced annual plans with a discounted rate.
Wonder if this change is due to financial issues or if they realized that their data is worth more.
That is the API. But yeah I am sure it is now the value of what is being built in the AI world.
If you want to tap into X's data, it will cost you more.
As for their financial issues, do not buy into that. It is a private company and they dont release their figures.
Well thought companies used the API to fetch the data and thats why the increased price.
Well, I dont bet against Elon 👏
They do but it is limited. So the value of tapping in and building on X network is going up, at least according to the pricing model.
The company raised the prices of the basic API tier from $100 to $200 and said it would introduce higher limits and new endpoints for this subscription plan.
In a post on X’s developer community portal, the company noted that the number of reads through this API will be increased from 10,000 to 15,000, and developers will get new endpoints like reposts_of_me and communities search.
However, on the API comparison page and plan purchase page, the API limits are the same as before. This is possibly an error, and the company will edit the page (it didn’t respond to our queries).
In the announcement post, the X Developer account said that it is also introducing an experimental read API for the free tier. However the company didn’t reveal that the free tier’s post limits are now reduced from 1,500 to just 500, and the read API will only give you 100 requests.
X has also introduced new annual plans for Basic and Pro API tiers that are cheaper than developers paying a monthly fee. The Basic annual plan costs $2,100 and the Pro annual plan costs $54,000.
Meesho has become India's first horizontal e-commerce firm to generate positive cash flow, marking a significant shift in a market where profitability has Meesho has become India's first horizontal e-commerce firm to generate positive cash flow.
Meesho has become India’s first horizontal e-commerce firm to generate positive cash flow, marking a significant shift in a market where profitability has long remained elusive even as new competitive threats emerge.
The SoftBank and Prosus-backed startup, which serves customers in smaller Indian cities and towns, reported positive operating cash flow of ₹232 crores ($27.6 million) for the financial year ending March 2024, while growing operating revenues by 33% to ₹7,615 crores ($905.6 million). Its adjusted losses fell 97% from ₹1,569 crores to just ₹53 crores.
Meesho’s growth remains faster than the e-commerce’s surge in India. India’s e-commerce industry growth is expected to moderate to 17% in 2024 before accelerating to 20% in 2025, Bank of America analysts said this week. This relatively slower growth is attributed to consumption slowdown impact and slower apparel industry growth.
Flipkart’s marketplace arm grew its revenue by 21% to $2.12 billion in the financial year ending March, it disclosed in filings this week. Its losses fell 41% to $280.4 million.
The Indian commerce market is simultaneously being reshaped by quick commerce firms in urban cities. Blinkit, Zomato’s quick commerce arm, has expanded the network of so-called dark stores — the warehouses where it stores the inventory — and increased SKUs from 4-5,000 to over 10,000. The platform has also introduced new features including payment installment options for purchases above ₹3,000 ($35.7), 10-minute returns for clothing and footwear, and split shipments to expand its reach.
Let's break down SoftBank's business portfolio and investments in more detail:
Telecommunications:
SoftBank's telecommunications ARM is one of the largest in Japan, with a market share of around 20%. The company operates a mobile network that covers over 90% of Japan's population, and it also offers fixed-line and broadband services. SoftBank's telecommunications business is focused on providing high-speed Internet and mobile services to consumers and businesses.
In 2016, SoftBank acquired Sprint corporation, a US-based wireless carrier, for $21.6 billion. The acquisition gave SoftBank control of Sprint's mobile network and expanded its presence in the US market. However, the deal was later reversed due to regulatory hurdles, and Sprint was sold to T-Mobile US for $26.5 billion in 2014.
Technology:
SoftBank has invested heavily in various tech startups, including:
Venture capital:
SoftBank's venture capital arm, SoftBank Vision fund, is one of the largest and most active venture capital firms in the world. The fund was launched in 2016 with a target size of $100 billion and has since invested in over 200 companies, including:
Finance:
SoftBank has a significant presence in the financial services sector, including:
Real Estate:
SoftBank has invested in various real estate projects, including:
Investment Strategy:
SoftBank's investment strategy is focused on investing in emerging technologies, including:
Overall, SoftBank's business portfolio and investments reflect its focus on emerging technologies and its commitment to investing in innovative startups.
“I never thought the propulsion of a vehicle would become a political issue,” GM Chairman and CEO Mary Barra said
“I never thought the propulsion of a vehicle would become a political issue,” GM Chairman and CEO Mary Barra said on stage at TechCrunch Disrupt on Tuesday.
Lowering battery costs could help lower the price of EVs. Affordability is top of mind for Barra who said it major factor for consumers.
“That’s why we’re so excited to have the Equinox and the Blazer on that because we’re getting into the affordable range, especially when you look at an Equinox EV that will be starting in that mid $30,000 range,” she said.
“But they want affordability with the right range,” she continued. And that sweet spot is really 300 miles before people start getting range anxiety.
Finally, accessibility to working, well lit, easy to pay for charging stations is what consumers want.
While the executive didn’t expand on this statement, former President Trump has railed against EVs and claimed, wrongly, that there is a mandate to make and sell electric vehicles in the United States.
“General Motors’s goal is to just keep providing great vehicles, keep supporting the charging infrastructure to be more robust …and opening up the Tesla charging network, as well, so people choose it because it’s a great vehicle,” Barra continued. “And that’s the journey we’re working on, while we’re getting battery costs down. We’re still looking for battery innovation to get energy density up, cost down, all those things are going to be unlocks.”
Ruins of ancient cities keep turning up in the forests of central America. How have these structures remained standing for millennia despite tropical rains, hurricanes and the return of the jungle?
Anyone driving down the rough asphalt of highway 269 that bisects the Yucatán peninsula in southeast Mexico would never have known it was there. Thick jungle lines both sides of the road for much of its length, with the occasional patch cleared for livestock. Yet, after an innocuous bend in the road, close to the tiny settlement of Dos Lagunas, an entire city has been hiding.
Concealed beneath a tangle of trees, vines and other vegetation, scientists have discovered a sprawling collection of houses, plazas, temple pyramids and even a ballcourt used for ball games that have the "hallmarks of a Classic Maya political capital". The remains of the city, which the researchers have named Valeriana, are among 6,674 structures they found scattered in sites across the state of Campeche on the western side of the Yucatán peninsula. Some of the largest platforms may even rival more famous pyramids at other Maya sites.
The discovery – made using an airborne laser scanning technique called light detection and ranging, or Lidar – has raised the tantalising prospect that many more remains of the ancient Maya world may still be waiting to be found.
But it also reveals something extraordinary about the ancient Maya world. Despite the humid tropical climate and the enveloping embrace of the jungle, many of their buildings are still standing after 1,500 years.
"If you look at the digital terrain models that are produced by Lidar, you can see the individual rooms of buildings where the vaults have collapsed," says Luke Auld-Thomas, an archaeologist at Tulane University and Northern Arizona University, USA, who led the team that made the latest discovery. "You can see columns along the facade of buildings that were used for public facing, administrative activities. So they're actually in very good shape. You couldn't quite move into them, but a lot of them still have standing walls and architectural detail that's quite well preserved."
So, what was the ancient Maya's secret? How has their famous architecture withstood the ravages of time? Recent research is shedding light on the techniques their builders used and revealing the innovative approach their masons used. These include incorporating materials such as rubber into mortars to act as an adhesive, and volcanic ash to increase their strength.
The ancient Maya civilisation first emerged sometime before 2000BC in an area that today comprises south-eastern Mexico, Guatemala, Belize and the western portions of Honduras and El Salvador.
In the past, uncovering a Maya city involved wading through thick jungle and hacking through vegetation with a machete. But technology such as Lidar is now helping to reveal just how widespread the remains of ancient Maya settlements really are.
Juan Carlos Fernandez-Diaz, an engineer at the University of Houston, Texas, who was involved in the latest study, has been mapping areas in Mesoamerica – including Mexico, Guatemala, El Salvador and Honduras – with Lidar for the last 15 years. He says that almost wherever you look you can see well preserved Maya architecture.
During the Classic Period of Maya civilisation between 250 to 900 AD, the Maya constructed towering pyramid temples, beautiful palaces and finely decorated buildings adorned with intricate sculptures and ornately carved masks. Notable examples include Chichén Itzá, a site in Yucatán, Mexico, which boasts at its heart a 30m-high (98ft) pyramid called the Temple of Kukulcán. There is also Temple IV, a 65m-tall (213ft) pyramid in the ruins of the ancient Maya city of Tikal in modern Guatemala.
Recent discoveries include the oldest and largest Maya ceremonial structure, which was uncovered at the archaeological site of Aguada Fénix in Tabasco, Mexico in 2020. The long, rectangular elevated platform measures 1,400m (4,593ft) in length and 10-15m (33-49ft) in height. It was built from clay and earth between 1,000 to 800 BCE and was likely used for ceremonial rituals.
A separate team used Lidar to uncover a massive Maya site that stretches approximately 650sq miles (1,700sq km) across northern Guatemala. The scientists spotted 1,000 settlements connected to each by roads that the Maya likely traversed on foot.
"As we get to map more and more of the Yucatán, we basically know that if you throw a dart at the map, wherever that dart falls there will be some sort of Maya infrastructure on it," says Fernandez-Diaz.
Part of the reason these discoveries are standing at all is because the ancient Maya built with stone, which does not rot away like wood. But they were also particularly good at making mortar to prevent their stone structures from crumbling into piles of rubble.
Studies have shown that ancient Maya builders used a range of natural materials such as blood, eggs and natural rubber obtained from local trees when preparing mortar. For example, when in 2018 researchers analysed mortar taken from stones at the main pyramid at the Witzinah archaeological site near Yucatán, Mexico, they found traces of saturated fats typical of degraded natural rubber. The researchers believe the Maya masons obtained the rubber from local trees and used it as a binder along with a fine-grained clay to create a durable mortar to bind the stonework together.
A separate study in 2014 examined mortar samples from the archaeological site of Río Bec in south-eastern Campeche, finding evidence that Maya stone masons added volcanic ash to the mortar to strengthen it.
Perhaps even more surprising than their stone structures, however, is the preservation of decorated plasters that have also been discovered in some locations. Scientists have known for some time that the ancient Maya knew how to make lime plaster, which they used to coat and protect interior floors or wall surfaces, bind stones together and cover and decorate the surface of stone buildings. Examples of intricately decorated plaster-covered buildings can still be seen in Tikal and Copan, an ancient Maya site in Honduras, today.
In 2023, Carlos Rodriguez-Navarro, a mineralogist at the University of Granada in Spain set out to discover how the ornate lime-plaster covered sculptures and temples at Copan remained in excellent shape despite being exposed to a hot, humid tropical environment for more than 1,000 years.
As part of his study, Rodriguez-Navarro's team met with local stone masons in the area and asked them about their techniques for making lime mortar. The masons, who are direct descendants of the ancient Maya, said that they commonly use extracts from plants and particularly sap from the Chucúm and Jiote (Chaká) trees in their lime mix.
Next, the researchers analysed the ancient plaster from the Honduras site and prepared a replica of it. The process of making plaster involves baking (calcinating) carbonate rock material such as limestone using hot temperatures, before adding water to the resulting quicklime, forming a lime paste which is mixed with sand. As the material hardens it sucks carbon dioxide from the air, trapping it in the calcite cement. The researchers also took the advice of the stone masons and added juice
from the bark of Chucúm and Jiote trees to the mix. They found that the resulting plaster was especially hardy and durable.
"We were able to exactly replicate the structure, texture and mechanical properties of the ancient material," says Rodriguez-Navarro.
The scientists then analysed the original plaster using high resolution X-ray diffraction, a technique that enabled them to view the material at the atomic scale. The results showed that molecules of the organic material from the bark had become incorporated into the molecular structure of the lime plaster during the setting, or hardening process. According to Rodriguez-Navarro, this makes the material very durable and resistant to physical and chemical weathering.
"It's very hard to break the material, because it is a composite between organic and inorganic materials," says Rodriguez-Navarro. "So, if you try to break the purely inorganic calcite it is very simple – it's fragile, so you just hit it, and it collapses. But if you incorporate the organic atoms from the tree sap you make the material tougher. So, the energy you have to spend to break that material is really, really high."
The incorporation of organic plant material also makes the material more insoluble, which prevents it from dissolving in the rain – an important feature in the tropical climate that is often buffeted by hurricanes bringing heavy rain.
Other studies at sites such as Ek'Balam in Yucatán, Mexio, also found that extracts from another tree – pixoy, or Guazuma ulmfiolia – helped to act as a fixative to preserve the layers of colour used in the lime-plaster.
There is, of course, another reason why the ruins from abandoned Maya cities may have lasted as long as they have – the jungle itself. Although the trees have made the ruins hard to find, they have also protected them from being built over and looted.
"There are parts of the world where people have bulldozed pyramids to use as road fill, or because they're in the way of where they want to run cattle," says Ault-Thomas. "However, it's hard to do that when there are a gazillion trees in the way."
The Maya also transformed the landscape around their settlements to help protect them from the ravages of water. Auld Thomas saw evidence of this at the site of Valeriana he helped to discover.
"It's also in an area that's extensively modified for agriculture," he says. "It's quite hilly, and basically every sloping surface that is above the level of seasonal flooding is sculpted, terraced and completely reworked so that people could use it to grow food and keep their feet dry in the rainy season."
So, could modern societies learn anything from these ancient Maya builders when it comes to creating cities that are resilient to climate change?
"The Maya case really shows that it's possible to manage the landscape in a way that allows it to survive and thrive for a millennium, even in fairly extreme environments where it doesn't rain for half the year, but then rains every day for the other half of the year," says Auld-Thomas.
We could learn from the Maya's choice of materials too. The reinforced concrete found in most modern buildings is strong enough to hold up massive skyscrapers, but they aren't built to last. The lifespan of most steel reinforced concrete buildings is around 50 to 100 years. At the same time, cement production currently accounts for 8% of global carbon emissions – far more than aviation.
Some researchers are looking to lime-based alternatives to cement. Currently, lime production is a major source of carbon dioxide emissions, but some researchers are investigating obtaining it from other sources, such as the by-products of the paper industry, for example, which may make it more sustainable. Drawing on the knowledge of the ancient Maya as inspiration could help to make such materials more durable, says Rodriguez-Navarro.
Lime mortars can also act as a carbon sink, absorbing carbon dioxide from the air as they remineralise and harden into limestone.
"Lime is attracting a lot of attention as a possible sustainable material for modern construction," says Rodriguez-Navarro. "Not only will it suck up CO2 during carbonation, but at the same time you get a very durable material if you add the proper organic additives."
OpenAI is reportedly working with Broadcom to develop custom silicon designed to handle large AI workloads for inference. It has secured manufacturing capacity with TSMC. The custom-designed hardware will likely not start production until 2026. OpenAI's chip development team reportedly includes lead engineers who have previously worked on Google's Tensor processors for AI.
xAI is in talks with investors regarding a funding round that would value it around $40 billion. The startup was last valued at $24 billion just a few months ago. The funding discussions are in the early stages, so terms are still subject to change and the talks could fall apart. The company's current revenue sources include the X Premium subscription and an API developers can use to build applications with Grok.
A team of researchers from the Swiss Federal Institute of Technology (ETH) Zurich claims to have developed a robotic construction method that is better than 3D printing. Impact printing uses Earth-based materials such as sand, silt, clay, and gravel to make homes. It is less carbon-intensive and much more sustainable and affordable than 3D printing. Earth-based materials are abundant, recyclable, available at low costs, and can even be excavated at the construction site. The researchers plan to commercialize this technology once they have a prefabrication facility.
Google's third quarter 2024 earnings call highlighted how important AI is to the company. More than a quarter of all new code at Google is generated by AI, then reviewed and accepted by engineers. The company reported $88.3 billion in revenue for the quarter. While many people feel Google isn't as reliable as it once was, the company continues to operate a very strong business. Google faces a potentially tough road ahead - a breakup is on the table following a ruling that the company is a monopolist in the search and advertising markets.
my goodness there's going to be a lot of people losing their jobs to AI very soon 😱
Apple Intelligence set to launch in the EU for iOS early next year
https://9to5mac.com/2024/10/28/apple-intelligence-eu-launch/
Tony Fadell took the stage at TechCrunch Disrupt 2024 on Tuesday to talk about how building the next generation of deep tech startups requires mission-driven a**holes.
Tony Fadell, the father of the iPod and founder of Nest, took the stage at TechCrunch Disrupt 2024 on Tuesday to talk about how building the next generation of deep tech startups requires mission-driven a**holes. The entrepreneur and investor did not hold back on stage as he called out Silicon Valley for its entitlement and dunked on LLMs being “know-it-alls”, earning a wave of laughs and applause across the fully-packed auditorium.
Fadell explained why he believes “mission-driven a**holes are a good thing, and in fact, needed to create and ship world class technology products.
“People work with people who are very difficult, and those are the ones that create and change the world. But there are two types of aholes. Everybody’s an ahole, but you gotta understand why,” Fadell said. “If they’re an ahole, because it’s their ego, they’re trying to push people down, that is an egocentric ahole. But, if you are an ahole on the details, you’re sitting there pushing on the details, you’re not criticizing the people, but you are critiquing their work and saying you can do better, that is a mission-driven ahole.”
Fadell thinks it’s not a bad thing when someone is keen on the details and makes sure their team is getting things right. He believes that focusing on details is what you need to make great products, and when you have a manager who cares, that’s a good thing.
The entrepreneur and investor also called out Silicon Valley for its entitlement, making a joke about how startups aren’t hiring Googlers because “you’re lucky that they even showed up.”
The United Kingdom's National Health Service in England is set to test a "superhuman" artificial intelligence (AI) model that potentially can predict an individual's risk of developing and passing away early from heart disease.
The new AI model, referred to as AI-ECG risk estimation, or "Aire," has been trained to read the results of electrocardiogram (ECG) tests. These tests record electrical activity, heart rates and heart rhythms in people's hearts and are used by doctors to diagnose potential heart problems like heart disease and myocardial infections.
Researchers who are promoting Aire claim the AI model can also detect problems in the structures of hearts that diagnosticians may initially miss. If these problems are found, Aire will immediately alert patients, who may benefit from further monitoring, tests or treatments.
Aire will be rolled out in hospitals under the Imperial College Healthcare NHS Trust and Chelsea and Westminster Hospital NHS Foundation Trust, encompassing seven hospitals in central London. The first round of experiments will enroll hundreds of patients, with the number of recruited patients scaling up in further studies.
If these trials are deemed successful by NHS leadership, Aire could become a common feature in all NHS trusts in five to 10 years. Reports from the U.K. indicate that around one in five licensed medical practitioners already resort to AI programs like the popular chatbot ChatGPT in clinical practice, such as by helping write letters for patients after appointments or even by asking chatbots to help diagnose illnesses.
Surveys also indicate that a majority of people in the U.K. are in favor of implementing AI to support the healthcare sector's patient care efforts. However, around one in six people are concerned that relying too much on AI could make the quality of healthcare worse.
OFF Radio Krakow in Poland has sparked outrage after firing several presenters and replacing them with artificial intelligence (AI) programmed to interview high-profile dead people using AI-generated responses.
On Oct. 22, OFF Radio Krakow launched its radical initiative featuring a simulated interview with the late poet Wieslawa Szymborska, who won the Nobel Prize for Literature in 1996. The AI-hosted segment employed a computer-generated voice designed to mimic Szymborska's tone as she "discussed" this year's Nobel Prize in Literature following approval from the poet's foundation.
The foundation believes the innovative presentation could help introduce the works of Szymborska to new audiences, but the response from the public and media has been largely critical. Fans and cultural advocates argue that the use of AI to impersonate deceased individuals crosses an ethical line and threatens the integrity of journalism.
Prominent journalists have expressed their indignation on social media.
"And so ends my beloved profession. Who's next for the interview? [Jozef] Pilsudski? But why limit yourself to recent history? Let Mieszko I [Duke of Poland from 960] talk about the baptism of Poland on Radio Krakow," journalist Rober Felus stated in frustration. This remark reflected widespread concern over the blurring lines between factual reporting and AI-generated fiction.
Another journalist, Patryk Slowik, sarcastically requested an interview with the 17th-century Polish King Jan III Sobieski on the merits of paying Poland's RTV license fee. "Can I ask for an interview with [17th-century King of Poland] Jan III Sobieski about why it is worth paying an RTV license fee?" Slowik asked.
Beyond the media sector, influential figures in Poland's literary community have also criticized the experiment. "What Szymborska's bot says simply ridicules our Nobel Prize winner herself. We got a bland, although 'but I can be liked' journalist without personality, responsibility, spark and intelligence," said playwright and author Remigiusz Grzela. He even called it "a complete disgrace and civic failure."
It’s the first time Google has offered officially refurbished Pixel phones
Google has launched its Certified Refurbished Phone program, offering savings of up to 40% on refurbished Pixel phones.
The program marks the first time Google has offered refurbished Pixel phones directly – according to the official announcement, a Certified Refurbished Pixel phone will go through an inspection of the battery, screen, and housing, as well as an update to the latest Android software, before being approved for sale.
What’s more, Certified Refurbished Pixel phones are re-packaged in a new box and even come with a compatible charger.
The initial lineup of Certified Refurbished phones includes the Pixel 7, Pixel 7 Pro, Pixel 6, Pixel 6 Pro, and Pixel 6a – these are all capable handsets, but there’s no luck yet for those looking for the latest Pixel 9 and Pixel 9 Pro at a discount.
Still, the chance to grab some of the best Pixel phones of yester-year at a discounted price with the same one-year warranty and customer support will be hard to pass up for some.
Google Pixel 6a $249 (was $449)
Google Pixel 6 $339 (was $599)
Google Pixel 6 Pro $539 (was $899)
Google Pixel 7 $429 (was $599)
Google Pixel 7 Pro $629 (was $899)
Google also keenly highlights the sustainability benefits of buying refurbished in the program’s official announcement, noting the company’s goal of reducing e-waste and plastic production – Certified Refurbished Pixel phones will come in plastic-free packaging, the same as all other Pixel, Nest, and Fitbit devices.
Neon Koi is also no more
Sony has closed two PlayStation developers, Neon Koi, and Concord developer Firewalk Studios. The news was confirmed in an internal email from Sony CEO Hermen Hulst that was subsequently shared to the official Sony blog.
The email states that the company seeks to “consistently evaluate our games portfolio and status of our projects to ensure we are meeting near and long-term business priorities.” The decision to close the two studios reportedly arose from “ongoing efforts to strengthen” the business.
Neon Koi was working on an unannounced mobile action game, which the statement confirms will “not be moving forward” at this time.
Firewalk Studios has been shuttered as a result of the poor reception of its debut title Concord, which was released back in August. The game had been in development for eight years and was shut down just two weeks after launch, with refunds given to affected players.
In a September PlayStation blog post, game director Ryan Ellis said that the studio would “explore options, including those that will better reach our players” - potentially suggesting a future relaunch. Now we know that this will not be the case as this latest communication states that “after much thought, we have determined the best path forward is to permanently sunset the game and close the studio”.
Wonder Dynamics made a strong opening play in AI-enhanced visual effects, providing tools animators and filmmakers actually find useful — and earning the startup a prompt acquisition by Autodesk. Their latest tool further automates the animation process, letting you put in practically any video and get a fully editable 3D scene, characters and all.
“The idea is that you can shoot and edit your video in your living room, with desired performances, cut, and camera framings as you would want to see in your animation,” said Wonder Dynamics co-founder Nikola Todorovic. “This process would provide you with a quick previs and, most importantly, 3D scenes to edit each individual element in either Blender, Maya or Unreal.”
The feature combines the company’s existing drop-in actor replacement, in which you could easily replace a person with an animated 3D character keyed to their movements, with a full scale 3D background of your choosing.
To be clear, as with all the company’s previous features, this is not intended to provide a finished product — just a base layer to build on. Animation is labor intensive, and location shooting is difficult and expensive — if you can film two friends walking down the hall and convert it to robots walking down a futuristic street, that’s super useful for previsualization, story flow, and other early stages of production.
Bosses want to be on board with AI, report finds
New TeamViewer research has revealed AI tools are increasingly being used by IT, operational technology (OT) and business leaders to handle complex tasks, make autonomous decisions and provide forecasting.
However, despite the clear optimism, three-quarters (74%) of IT decision-makers (ITDMs) and even more (87%) C-suite execs expressed concern about the security of AI, including data management.
This has led to a cautious approach to the rollout of AI within organizations, however nearly two in three (64%) continue to implement artificial intelligence.
Business leaders are keen to use AI
The research suggests there is still room to improve the management of AI-related risks, however two-thirds of UK decision makers would bet on their organization’s ability to manage the, with nearly half (48%) of C-suite execs willing to stake a week or a month’s pay.
The confidence comes from their recognition of AI’s potential for transformation when it comes to productivity. While the study covers leaders from France, Germany, Australia, Singapore and the US, it notes the productivity struggles that are playing out in the UK, adding that 74% of UK decision-makers believe AI could drive the most significant productivity boost in the last century.
Moreover, leaders believe that AI could improve workplace accessibility for those suffering with chronic illnesses.
“AI offers immense potential for fostering equal opportunities in the workplace by supporting employees in overcoming challenges and streamlining tasks at all levels," noted TeamViewer CHRO Constanze Backhaus.
Big Tech company Microsoft is once again under fire after it introduced an "Inclusiveness Checker" in its popular Word program, with concerns being raised over the potential for "speech policing."
The Inclusiveness Checker or Inclusivity Checker in Word can be used to check a person's writing for "gender, age, cultural bias and more." Word users can opt to deactivate this checker. But when it is used, when an individual writes anything using "non-inclusive" language, Word will suggest alternatives.
The said "tool" seems to work by flagging almost every word in the English language with a gendered connotation, including "mother" and "father." When users learned about the Inclusiveness Checker and attempted to see how far it would go, they found out that when using the term "maternity leave," the Checker would recommend changing the phrase with "birth-related leave," "parental leave" or "childbirth leave." When referring to "paternity leave," it suggests "child-bonding leave" as an alternative.
When users attempted to input the term "postman," the Inclusiveness Checker would suggest "postal worker." When using the term "manpower," the Checker would recommend replacing the word with "workforce."
Below is a prompt you can use to quickly generate really good meeting summaries at your workplace. #promptideas #promptingtips #ai
You are a professional meeting minute taker with an eye and ear for details. Your task is to analyze the content of the meeting transcript and write a detailed report in the form of a long-form article. The purpose of the report is to provide an in-depth account of what was discussed and in what order, thereby making it clear to both those who were present at the meeting and those who were not what took place.
Write the report as if you were human. The report you write should be detailed, comprehensive, organized, clear, and you will be careful to only refer to what was actually said.
Clarifications:
Bifrost has raised an $8M Series A led by Carbide Ventures to further build out its 3D real-world data simulation platform.
For many companies working on AI models with applications in the physical world, data presents the biggest opportunity. It’s also the biggest hurdle they face, as nicely labeled and clean real-world data is as readily available as hen’s teeth, and the costs and effort required to gather and clean up data can be immense.
Bifrost, a 3D data generation platform, believes its tech can help robotics and industrial companies solve at least one part of that problem: the time required to train AI models. The startup, based out of San Francisco, says its platform lets companies generate simulated 3D worlds to instruct their AI models and help their robots adjust to new objects, tasks and surroundings within hours instead of months.
The company said on Wednesday that it has raised $8 million in a Series A funding round led by Carbide Ventures.
“Most of our customers need vast amounts of real-world data to train AI models,” co-founder and CEO Charles Wong said in an exclusive interview with TechCrunch. “This often means they would have to deploy fleets of robots across hundreds of locations, collect millions of hours of footage, manually label the data, and implement rigorous quality checks to reduce human errors and bias. This approach is brutal. It costs millions, takes years, and proves nearly impossible to scale.”
Dropbox is laying off 20% of its staff as the cloud storage company undergoes what CEO Drew Houston calls a "transitional period."
In a letter to staff, Houston said that the reduction in headcount would impact 528 people. The goal, he added, was to make cuts in areas where Dropbox has “over-invested” while designing a “flatter, more efficient” team structure.
“As CEO, I take full responsibility for this decision and the circumstances that led to it, and I’m truly sorry to those impacted by this change,” he wrote. “This market is moving fast and investors are pouring hundreds of millions of dollars into this space. This both validates the opportunity we’ve been pursuing and underscores the need for even more urgency, even more aggressive investment, and decisive action.”
According to a filing with the SEC, Dropbox estimates it’ll lay out total cash expenditures of $63 million to $68 million on the layoffs, primarily in the form of severance and benefits, and recognize $47 million to $52 million of incremental expense. Most of the payouts will occur in Q4 2024, with the remainder to be recognized in H1 2025.
Affected employees will receive severance, equity, and transition payments, as well as certain healthcare and benefits and job placement services.
Just looking at myself here but who uses dropbox this day? Used to use it, but was many years ago now.
Very true. There was another one also...evergreen or something like that.
No idea what utility they have today.
most of these things eventually get obsolete because of tech growth and changes
Apple went to unusual lengths to ensure it accounted for and neutralized all the pollution that the new Mac Mini might produce.
With its new miniaturized Mac Mini, Apple has a second product — and its first Mac — that qualifies for its “carbon neutral” label. As part of the push, the company is buying enough renewable power to offset emissions generated from customer use of the computers.
Shrinking the Mac Mini also likely helped keep the footprint down, though it’s impossible to tell since Apple doesn’t break out specific figures for things like materials and manufacturing in its environmental declarations.
Tech companies have been tracking, and in some cases some reducing, the emissions profiles of their products for years. Usually, that involves querying suppliers about their own supply chains, where they get power to run their operations, and how they’ll be shipping finished products. But in 2023, with the Apple Watch Series 9, the Cupertino-based company made the unorthodox decision to eliminate emissions from product use by making additional investments in renewable power.
Powering something like a smartwatch represents a tiny fraction of the overall carbon footprint of the device; things like chips, displays, and batteries contribute far more to the total.
But with a product like the Mac Mini, using the device can generate far more pollution than charging a watch. It’s also a larger fraction of the device’s overall carbon footprint.
What is notable, though, is the impact that semiconductors have on a computer’s climate impact. Semiconductor manufacturing is energy intensive and uses chemicals that have significantly higher global warming potential than carbon dioxide. Making and shipping the base model Mac Mini, which has 16GB of RAM and 256GB of storage, generates 32 kg of carbon pollution, even after Apple accounts for its low-carbon power investments. The top spec version includes far more chips inside, providing 64GB of RAM and 8TB of storage, and that nearly quadruples the carbon footprint to 121 kg.
Russia is making another push to its fellow BRICS nations to move away from the U.S. dollar.
BRICS is rapidly growing, expanding from the original nations that help form its name of Brazil, Russia, India, China, and South Africa to encompass 10 countries, adding Egypt, Ethiopia, Iran, Saudi Arabia and United Arab Emirates to its roster. Numerous others are hoping to make their way through the approval process soon.
However, despite its growth, it hasn’t really accomplished much, and at this year’s summit in Kazan on the Volga River, Russian President Vladimir Putin is hoping to convince members to create a new global financial payment system that will threaten the U.S.’s current global finance dominance while protecting members from sanctions.
This is something that they say will enable “economic operations without being dependent on those that decided to weaponise the dollar and the euro.”
Known as BRICS-Bridge, the idea is to build it up within a year and give countries the ability to carry out cross-border payments with digital platforms that their respective central banks run. With the potential for quicker and more affordable transactions, emerging economies could be tempted away from carrying out business in U.S. dollars, and Western officials are already worried about its ability to hep countries get around sanctions.
Put simply, this initiative would use digital money that is backed by fiat currencies, which would mean that central banks are at the center of cross-border transactions. As a result, no single country would be able to cut off another one, and the need for correspondent banks that use the dollar clearing system would be eliminated.
The rapid expansion of artificial intelligence (AI) in the United States is adding significant strain to the nation’s already stressed water supply, according to a new report by JPMorgan Chase and consultancy ERM, which calls for urgent action to better manage this vital resource.
The report, published on Oct. 28, notes that the surge in AI-driven technologies, including data centers and semiconductor manufacturing, is contributing to a growing mismatch between water supply and demand, while warning that ignoring the water demands of AI and other industries could have serious consequences.
“There is an urgent and growing need to build resilience into our collective water management practices if we are to have reliable water for use in the future,” reads the report, which notes that the growing instability of water resources is “pushing us closer to disrupted ecosystem services, threatened biodiversity, and impacted human livelihoods.”
The primary driver of increased water demand in the United States is a combination of the nation’s growing population and more people moving to warmer, sunnier regions that are already facing water supply challenges. However, new demands from reshoring of manufacturing and AI-based data centers are putting additional strain on water resources.
Data centers use substantial amounts of water—often taken from drinking water resources—in order to cool servers that generate significant amounts of heat.
On average, a mid-sized data center uses about 300,000 gallons per day, while larger facilities can consume as much as 1 million to 5 million gallons daily—comparable to the needs of a town of between 10,000 to 50,000 people.
Data centers in the United States consumed more than 75 billion gallons of water in 2023, per the report, which notes that around 20 percent of the water used by such facilities is drawn from stressed watersheds, “presenting risks to the technology industry and the surrounding communities and environment.”
However, the broader impact of AI on the water sector goes well beyond cooling technologies used in data centers, the report warns. Data center operations rely on semiconductor chips, the manufacturing of which has major implications on water resources. Not only does it require vast amounts of water but it also generates toxic wastewater, posing additional challenges for water management.
“As semiconductors are the foundation of the AI supply chain, the future water management of their operations will be critical for the water sector,” the report notes.
The strain from AI-driven demand is part of a wider set of water-related risks, including the potential to strand business assets as production facilities become unusable or unprofitable due to insufficient supply or tighter regulations, such as wastewater discharge requirements.
JPMorgan and ERM’s report calls for increased investment in water infrastructure, which currently faces an annual funding gap of $91 billion.
The report suggests that innovative technologies, such as waterless cooling systems for data centers and advanced wastewater recycling solutions for semiconductor manufacturing, could play a key role in addressing water scarcity and stress.
Even more so than usual, San Francisco will be the epicenter of the world’s startup scene this week, as founders, investors and other industry insiders come together at TechCrunch Disrupt, one of the leading events of the startup scene.
Unsurprisingly, AI will take center stage at this year’s conference, as investors are looking for opportunities to invest in the booming, yet still nascent field and founders of AI-related companies will do everything to profit from the AI boom and secure fresh capital for their ventures.
As Statista's Felix Richter shows in the chart below, AI has sucked up an increasingly large chunk of VC funding in the United States in recent years.
In the first nine months of 2024, AI-related investments accounted for 33 percent of total investments into VC-backed companies headquartered in the U.S. That’s up from 14 percent in 2020 and could go even higher in the years ahead.
According to Crunchbase data analyzed by EY, AI deals accounted for 37 percent of the $38 billion raised by VC-backed companies in Q3 2024, with four of the 10 largest deals involving AI-related companies.
The latest increase in AI-related investments is still expected to be just the beginning of a longer-term trend.
As EY notes in its latest report on VC investments, most of the funds funneled into the field are currently focused on building the foundation for the technology, e.g. developing and training AI models.
Once this wave of investment ebbs, entrepreneurs will need to figure out ways to actually utilize the potential of AI, which will likely kick off a second wave of AI investments.
Signs from the auto industry continue to look grim. Yesterday it was Ford guiding expectations below Wall Street's estimates and today it's Stellantis announcing it is pausing production of its Durango and Grand Cherokee models due to "slow sales".
Manufacturing facilities at FCA's large Detroit Assembly Complex - Jefferson will be paused for a week, Motor 1 reported. Stellantis told its workers there would be a 'temporary shutdown' and 'subsequent layoffs' as a result.
Mopar Insiders first posted the "Important Notice of Layoff" memo, which said: "There will be no scheduled production at Detroit Assembly Complex Jefferson" for the dates of October 28 to November 1.
The Motor 1 report said that in 2022, the Jefferson complex employed over 5,000 people, but about 200 workers faced permanent layoffs in September.
Stellantis told Motor 1: "Stellantis continues to take the necessary actions to align production with sales. This includes making production adjustments at the Detroit Assembly Complex - Jefferson. The company will continue to monitor the situation to assess whether further action is required."
Recall, operations at Stellantis have been nothing short of a nightmare this year, as we have been reporting. Early this month we wrote that Stellantis Chief Financial Officer Natalie Knight informed her team of white collar workers about the need to take "drastic measures" to shore up the Jeep and Ram parent's finances.
Knight told her team, "The Doghouse is back!" As she explained, this belt-tightening initiative involves heavily scrutinizing requests for purchases from outside vendors to ensure maximum cost savings.
She said the doghouse "is the name for much stricter attention and control around purchase requisitions," adding, "If we apply more discipline, we can ensure big savings for the company."
The following Monday, Stellantis reduced its margin forecast for the entire year.
Back in September, the company's dealer network wrote a letter to then CEO Carlos Tavares accusing him of the “rapid degradation” of the automaker’s brands.
US dealer network leaders said Tavares had engaged in "short-term decision making" that boosted last year’s profits and increased his compensation but hurt the Jeep, Ram, Dodge, and Chrysler brands.
And it looks like they may have been right...
Archaeologists have revealed an ancient lost Mayan city using advanced laser mapping technology, unearthing monumental structures such as pyramids and plazas.
A Mayan city lost in the dense jungle of southern Mexico has been revealed. The discovery occurred in the southeastern state of Campeche, and archaeologists have named it Valeriana, after a nearby freshwater lagoon.
“The larger of Valeriana's two monumental precincts has all the hallmarks of a classic Mayan political capital: enclosed plazas connected by a broad causeway; temple pyramids; a ball court; a reservoir formed by damming an arroyo (a seasonal watercourse); and a probable E-Group assemblage, an architectural arrangement that generally indicates a founding date prior to AD 150,” says the study, published in the journal Antiquity.
The city's discovery didn't require breaking through the jungle with machetes or patiently excavating with brushes and spatulas. Nor did researchers need tape measures, binoculars, or compasses to find their way through the thick foliage. Instead, they employed state-of-the-art technology: lasers, drones, and satellite maps. With these tools, they discovered a city hidden for centuries beneath the thick Mexican jungle, unearthing pyramids, enclosed plazas, and an ancient reservoir.
Luke Auld-Thomas, an anthropologist at Northern Arizona University, made the discovery. His analysis revealed a huge network of previously unexplored settlements.
Auld-Thomas and his fellow researchers have succeeded in mapping the city beneath the jungle thanks to airborne laser scanning, better known as lidar (light detection and ranging), a remote-sensing technique that uses pulsed lasers and other data collected through flyovers that can generate accurate three-dimensional models of surface features, revolutionizing the way archaeologists explore the hidden past.
MRIs are an indispensable tool for surgeons, though the technology certainly has its limitations. Take, for instance, surgeons using the machines to guide
MRIs are an indispensable tool for surgeons, though the technology certainly has its limitations. Take, for instance, surgeons using the machines to guide their procedures. The current process entails putting the patient into a machine to get an image, before pulling them out to advance a needle one centimeter at a time. It’s a time-consuming and frankly inefficient use of resources.
Boasting the tagline “Creating a new chapter in minimally invasive surgery,” Bay Area-based MDC believes the answer lies in robotics. While robotics undoubtedly represent the future of surgery, they present their own challenges in this application. After all, traditional robotics contain many elements that cannot operate inside an MRI.
MDC’s challenge, then, was creating a robotic system that could operate on a patient inside an MRI without relying on electric motors, rare earth metals and other elements that would inhibit the imaging machine’s operations.
The young startup’s work is built upon research conducted during founder and CEO Sam Frishman’s time at John Hopkins and Stanford. Frishman describes the solution as “high stiffness, low friction hydraulic transmissions and actuators.” The system is powered by water and tethered to the outside of the MRI through a tube.
“Our system has a few differentiators,” Frishman tells TechCrunch. “One is the ability to have really dexterous control directly by the physician. They’re controlling the needle, whether it’s positioning, advancing, actuating — it’s like they’re holding it in their hand.”
MDC is specifically targeting biopsies and ablations in its initial offering. The CEO says those minimally invasive procedures are just the start.
Smartphones and navigation apps have become second nature these days. But for those with blindness and low vision, it’s not quite so convenient. Haptic has been building a non-visual, non-verbal way of telling people where to go, and they’ve decided it’s time to scale up and take it global.
Haptic presented onstage today as part of the Startup Battlefield at TechCrunch Disrupt 2024, showing their progress from concept to prototype to platform. The company got started in 2017 when, after a friend lost their sight in an accident, a group of colleagues began looking into ways someone could navigate without using visual or auditory cues.
Though there are plenty of screen-reading options and spoken directions in apps, these options aren’t always convenient or practical. But as co-founder and head of business Enzo Caruso pointed out, there are other interfaces we could be using. Touch, for instance.
“Why not receive info in a more robust, intuitive, and accessible way? Everyone can understand the sensation of touch. It’s global, it’s worldwide, it’s universal,” he said.
The advance Haptic has made — and patented, Caruso noted — is a way of using vibration and other tactile sensations to communicate the simple, intuitive idea that the user is going in the right direction. Your device will send a steady pulse when you’re on track, then quicken or intensify if you veer off course; they call it a “haptic corridor.” Though it’s hard to imagine, they say it’s intuitive enough to get after just a few seconds.
Design and Architecture
Atlas is designed to be a highly versatile and adaptable robot, capable of navigating complex environments and performing a wide range of tasks. The robot's design is inspired by the human body, with a focus on flexibility, balance, and dexterity.
The robot's body is made up of several key components, including:
Propulsion System
Atlas's propulsion system is designed to provide a high level of stability and balance, while also allowing the robot to move quickly and efficiently. The system consists of several key components, including:
The propulsion system is designed to be highly efficient and adaptable, with a focus on providing a high level of stability and balance. The system is also highly customizable, with a range of options available for adjusting the robot's movement and balance.
Sensors and Navigation
Atlas is equipped with a range of sensors, including:
The sensors work together to provide the robot with a comprehensive understanding of its environment, allowing it to navigate complex terrain with ease.
Manipulation and Dexterity
Atlas's manipulation capabilities are designed to be highly versatile and adaptable, with a focus on providing a high level of dexterity and precision. The robot's arms are equipped with a range of tools, including:
The robot's manipulation capabilities are highly customizable, with a range of options available for adjusting the robot's movement and balance.
Advanced Balance and Stability Control
Atlas has a highly advanced balance and stability control system, which uses a combination of sensors, algorithms, and actuators to maintain the robot's balance and stability. The system is capable of detecting changes in the robot's center of gravity and making adjustments as needed to maintain balance.
Search and Rescue Applications
Atlas is designed to be used in search and rescue applications, such as navigating rubble or debris fields. The robot's advanced sensors, propulsion system, and manipulation capabilities make it well-suited to this type of application.
DARPA Robotics Challenge
In 2013, Atlas participated in the DARPA Robotics Challenge, a competition designed to test the capabilities of humanoid robots in search and rescue scenarios. The robot successfully navigated a complex course through a simulated disaster scenario, demonstrating its ability to work in challenging environments.
Limitations
While Atlas is an incredibly advanced robot, it is not without its limitations. The robot is still relatively heavy and cumbersome, and its propulsion system can be limited by the weight-bearing capacity of its legs. Additionally, the robot's manipulation capabilities are still relatively limited, and it may struggle with complex tasks that require high levels of dexterity.
Future Developments
Boston Dynamics is continually working to improve and expand the capabilities of Atlas and other robots. The company is exploring a range of new applications, including:
As the technology continues to advance, we can expect to see Atlas and other robots playing an increasingly important role in a wide range of fields.
It looks fake, or at least like a good illusion: There's Gecko Materials founder Capella Kerst dangling a full wine bottle from her pinky finger
It looks fake, or at least like a good illusion: There’s Gecko Materials founder Capella Kerst dangling a full wine bottle from her pinky finger, the only thing keeping it from smashing to pieces being the super-strong dry-adhesive her startup has brought to market.
Yes, before Kerst makes her pitch on the Startup Battlefield stage at TechCrunch Disrupt 2024, Gecko Materials’ adhesive has already been to space.
The adhesive is incredibly strong. One square-inch tile of it can hold 15 pounds, vertically, while six of them is enough to pull a car. It works by leveraging van der Waals forces, which involves interactions at the intermolecular level.
But it’s no trick. It’s the result of years of academic research that Kerst built on by inventing a method to mass-manufacture the adhesive. Inspired by the way real-life gecko feet grip surfaces, you could think of it like a new Velcro — except it only needs one side, leaves no residue, and can detach as quickly as it attaches. It can do this at least 120,000 times and, as Kerst noted in a recent interview with TechCrunch, can stay attached for seconds, minutes, or even years.
Kerst has spent the last few years giving this magic trick-style demo any and everywhere: At VC happy hours, during pitch meetings, and on TikTok and Instagram Reels. And it works. Not just mechanically, but as a method of quickly captivating investors and customers. Gecko raised a $2 million seed round in 2021 in less than 36 hours, and boasts Ford, Pacific Gas & Electric, and even NASA as early customers.
Forcefield wants to help counter the scourge of deep-fakes and spoofed evidence in the age of AI.
A new startup setting out to combat the scourge of deepfakes and spoofed evidence in the age of AI is showing off its wares on the Startup Battlefield stage at TechCrunch Disrupt 2024 this week. ForceField is building a set of “patent-pending” APIs dubbed MARQ, the first of which is designed to authenticate content.
For context, a 2022 report from European law enforcement agency Europol predicted that 90% of all online content will be AI-generated by 2026. The internet is already awash with manipulated content — either entirely machine-generated, or made with the help of AI — forcing big tech companies to develop new tools to address the problem. Google last month announced that it will soon begin flagging AI-generated images in its search engine, following in the footsteps of Meta, which was already doing so on Facebook and Instagram — though with questionable accuracy.
YouTube, meanwhile, now allows people to request the removal of content that simulates their face or voice.
The issue of “fake” content isn’t going away, and it’s a problem that has given rise to a swathe of startups that are tackling the problem through various means, such as Clarity, Reality Defender, and Truepic, which have all raised sizeable sums from big-name backers in recent years.
Despite a massive price war and European nations doing their best to create a trade war, the Chinese EV market still looks like it will easily be crowned the best electric auto market in the world heading into the final months of 2024.
China's major EV makers ended Q3 stronger than last year, with solid deliveries reducing the need for discounts, according to a new report from Bloomberg.
Now, analysts predict a sales surge in Q4. EV and hybrid sales are booming, driven by expanded subsidies, boosting stock prices and Tesla's best Chinese quarter. In September, EVs and hybrids made up about 53% of new car sales.
Bloomberg Intelligence analyst Joanna Chen commented: “Industry demand has been better than expected since the third quarter following China’s beefed-up subsidies but many automakers still need a major push in the fourth quarter to hit their annual sales targets.”
She continued: “The first nine months usually contribute 70% of annual car sales and automakers below that threshold are under greater pressure to step up discounts in the quarter.”
Yale Zhang, managing director at Shanghai-based consultancy AutoForesight, added: “I do not see a need to launch another price war. Most of them are in pretty good shape. The majority of these NEV or carmakers will reach their volumes.”
The fourth quarter is set for a surge in auto spending, driven by new EV launches and a year-end rush to use trade-in subsidies, according to Yuqian Ding of HSBC Qianhai Securities. Ding’s data shows EVs need fewer discounts, while gas cars maintain peak discounts of about 22%, the highest in three years.
European brands like Volkswagen, Mercedes, and BMW, which had a tough Q3 in China, may resort to deeper price cuts. AutoForesight warns of a potential premium segment price war, with traditional luxury car production down 4% year-over-year, possibly ending 15 years of growth.
Tire health has a huge impact on a truck’s fuel efficiency and safety on the road.
And yet, with all of the arguably sexier solutions out there offering driver assist features and self-driving software, tires don’t get the attention they deserve. At least, so says Ron Lee, the head of business development at BANF, a startup that builds hardware and software to monitor tire health.
Korea-based BANF, which stands for Begin A New Feature, uses sensors to collect data on tire pressure, temperature, tread wear, wheel alignment, and even lug nut stability. That data is analyzed using machine learning to provide drivers and fleet managers with insights about not only tire health, but also cargo load measurement and road surface conditions. Lee says BANF’s insights are up to 90% accurate, and are useful to everyone from fleet management companies to OEMs to departments of transportation.
“Tires are the sole point of contact with the road,” Lee told TechCrunch. “We’re not saying that we’re replacing vision-based methodologies of capturing potholes or road conditions, but we’re more of a complementary solution. We are more accurate at capturing road coefficient and also the depths of potholes, which is one of the key indexes that road management needs to know because they have limited budgets, so they have to know where to prioritize.”
The four-year-old startup, which has operations in Korea and China and plans to launch in Texas, is coming online at a time when autonomous trucks are gaining a foothold on highways.
“Autonomous vehicles, their aim is to run 24/7 to maximize profit, which means more tire stress,” Lee said, noting that electric vehicles are also heavier due to their batteries, which can wear down tires. “Tire data will be even more important in the future.”
To ensure AI systems reflect local values and regulations, nations are increasingly pursuing sovereign AI strategies; developing AI utilising their own infrastructure, data, and expertise. NVIDIA is lending its support to this movement with the launch of four new NVIDIA NIMs.
“Therefore, it is of paramount importance to develop sovereign AI models that adhere to our cultural norms. The availability of Llama-3-Swallow as an NVIDIA NIM microservice will allow developers to easily access and deploy the model for Japanese applications across various industries.”
These microservices are designed to simplify the creation and deployment of generative AI applications, supporting regionally-tailored community models. They promise deeper user engagement through an enhanced understanding of local languages and cultural nuances, leading to more accurate and relevant responses.
This move comes amidst an anticipated boom in the Asia-Pacific generative AI software market. ABI Research forecasts a surge in revenue from $5 billion this year to a staggering $48 billion by 2030.
Among the new offerings are two regional language models: Llama-3-Swallow-70B, trained on Japanese data, and Llama-3-Taiwan-70B, optimised for Mandarin. These models are designed to possess a more thorough grasp of local laws, regulations, and cultural intricacies.
Further bolstering the Japanese language offering is the RakutenAI 7B model family. Built upon Mistral-7B and trained on both English and Japanese datasets, they are available as two distinct NIM microservices for Chat and Instruct functions. Notably, Rakuten’s models have achieved impressive results in the LM Evaluation Harness benchmark, securing the highest average score among open Japanese large language models between January and March 2024.
Training LLMs on regional languages is crucial for enhancing output efficacy. By accurately reflecting cultural and linguistic subtleties, these models facilitate more precise and nuanced communication. Compared to base models like Llama 3, these regional variants demonstrate superior performance in understanding Japanese and Mandarin, handling regional legal tasks, answering questions, and translating and summarising text.
This global push for sovereign AI infrastructure is evident in significant investments from nations like Singapore, UAE, South Korea, Sweden, France, Italy, and India.
“LLMs are not mechanical tools that provide the same benefit for everyone. They are rather intellectual tools that interact with human culture and creativity. The influence is mutual where not only are the models affected by the data we train on, but also our culture and the data we generate will be influenced by LLMs,” said Rio Yokota, professor at the Global Scientific Information and Computing Center at the Tokyo Institute of Technology.
NVIDIA’s NIM microservices enable businesses, government bodies, and universities to host native LLMs within their own environments. Developers benefit from the ability to create sophisticated copilots, chatbots, and AI assistants. Available with NVIDIA AI Enterprise, these microservices are optimised for inference using the open-source NVIDIA TensorRT-LLM library, promising enhanced performance and deployment speed.
Performance gains are evident with the Llama 3 70B microservices, (the base for the new Llama–3-Swallow-70B and Llama-3-Taiwan-70B offerings), which boast up to 5x higher throughput. This translates into reduced operational costs and improved user experiences through minimised latency.
Influencer partnerships can be great for brands looking to pump out content that promotes their products and services in an authentic way. These types of engagements can yield significant brand awareness and brand sentiment lift, but they can be risky too. Social media stars are unpredictable at the best of times, with many deliberately chasing controversy to increase their fame.
Schofield apologized profusely for her posts, admitting that they were “very hurtful” while stressing that she’s a changed person, having had time to “learn and grow and formulate my own opinions.”
If the marketing team at Boys Lie had access to a tool like SafeCollab, they likely would have uncovered Schofield’s controversial posts long before commissioning the collaboration. The tool, which is a part of Lightricks’ influencer marketing platform Popular Pays, is all about helping brands to automate their due diligence processes when working with social media creators.
These antics don’t always reflect well on the brands that collaborate with especially attention-hungry influencers, leaving marketers no choice but to conduct careful due diligence on the individuals they work with. Luckily, that task can be made much easier thanks to the evolving utility of AI.
Lightricks, a software company best known for its AI-powered video and image editing tools, is once again expanding the AI capabilities of its suite with this week’s announcement of SafeCollab. An AI-powered influencer vetting module that lives within the company’s Popular Pays creator collaboration platform, SafeCollab is a new tool for marketers that automates the vetting process.
Traditionally, marketers have had no choice but to spend hours researching the backgrounds of influencers, looking through years’ worth of video uploads and social media posts. It’s a lengthy, manual process that can only be automated with intelligent tools.
SafeCollab provides that intelligence with its underlying large language models, which do the job of investigating influencers to ensure the image they portray is consistent with brand values. The LLMs perform what amounts to a risk assessment of creators’ content across multiple social media channels in minutes, searching through hours of videos, audio uploads, images and text.
In doing this, SafeCollab significantly reduces the time it takes for brand marketers to perform due diligence on the social media influencers they’re considering partnering with. Likewise, when creators opt in to SafeCollab, they make it easier for marketers to understand the brand safety implications of working together, reducing friction from campaign lifecycles.
The idea here is to empower brand marketers to avoid working with creators whose content is not aligned with the brand’s values – as well as those who have a tendency to kick up a storm.
Such due diligence is vital, for even the most innocuous influencers can have some skeletons in their closets. A case in point is the popular lifestyle influencer Brooke Schofield, who has more than 2.2 million followers on TikTok and co-hosts the “Canceled” podcast on YouTube. With her large following, good looks and keen sense of fashion, Schofield looked like a great fit for the clothing brand Boys Lie, which collaborated with her on an exclusive capsule collection called “Bless His Heart.”
However, Boys Lie quickly came to regret its collaboration with Schofield when a scandal erupted in April after fans unearthed a number of years-old social media posts where she expressed racist views.
The posts, which were uploaded on X between 2012 and 2015 when Schofield was a teenager, contained a string of racist profanities and insulting jokes about Black people’s hairstyles. In one post, she vigorously defended George Zimmerman, a white American who was controversially acquitted of the murder of the Black teenager Trayvon Martin.
However, Boys Lie decided it had no option but to drop its association with Schofield. After a statement on Instagram saying it’s “working on a solution,” the company followed by quietly withdrawing the clothing collection they had previously collaborated on.
By analyzing years of creators’ histories of posts across platforms like Instagram, TikTok, and YouTube, it can check everything they’ve posted online to make sure there’s nothing that might reflect badly on a brand.
Brands can define their risk parameters, and the tool will quickly generate an accurate risk assessment evaluation, so they can confidently choose the influencers they want to work with, safe in the knowledge that their partnerships are unlikely to spark any backlash.
A comprehensive AI sector study – conducted by the Department for Science, Innovation and Technology (DSIT) in collaboration with Perspective Economics, Ipsos, and glass.ai – provides a detailed overview of the industry’s current state and its future prospects.
In this article, we delve deeper into the key findings and implications—drawing on additional sources to enhance our understanding.
The study highlights the remarkable growth of the UK’s AI sector. With over 3,170 active AI companies, these firms have generated £10.6 billion in AI-related revenues and employed more than 50,000 people in AI-related roles. This significant contribution to GVA (Gross Value Added) underscores the sector’s transformative potential in driving the UK’s economic growth.
Mark Boost, CEO of Civo, said: “In a space that’s been dominated by US companies for too long, it’s promising to see the government now stepping up to help support the UK AI sector on the global stage.”
The study shows that AI activity is dispersed across various regions of the UK, with notable concentrations in London, the South East, and Scotland. This regional dispersion indicates a broad scope for the development of AI technology applications across different sectors and regions.
Investment in the AI sector has been a key driver of growth. In 2022, £18.8 billion was secured in private investment since 2016, with investments made in 52 unique industry sectors compared to 35 sectors in 2016.
The government’s commitment to supporting AI is evident through significant investments. In 2022, the UK government unveiled a National AI Strategy and Action Plan—committing over £1.3 billion in support for the sector, complementing the £2.8 billion already invested.
However, as Boost cautions, “Major players like AWS are locking AI startups into their ecosystems with offerings like $500k cloud credits, ensuring that emerging companies start their journey reliant on their infrastructure. This not only hinders competition and promotes vendor lock-in but also risks stifling innovation across the broader UK AI ecosystem.”
Segundo a CNN, o órgão chinês afirmou que a empresa americana tem "prejudicado repetidamente" a segurança nacional e os interesses do país. Em resposta, a Intel declarou que a segurança e a qualidade de seus produtos sempre foram prioridade.
"Manteremos diálogo com as autoridades competentes para esclarecer quaisquer dúvidas e reafirmar nosso compromisso com a segurança e a qualidade dos produtos", declarou a empresa em comunicado oficial.
No comunicado, a Nasa explica que a imagem capturada pelo Webb permite observar uma diversidade de galáxias ao fundo, especialmente nas bordas, localizadas a centenas de milhões de anos-luz de distância
A Nasa divulgou, nesta terça-feira (29), uma comparação impressionante entre duas imagens do mesmo grupo de estrelas: o aglomerado estelar NGC 602. A primeira foto, tirada pelo Telescópio Espacial James Webb, revela detalhes inéditos do aglomerado em várias frequências de luz infravermelha, enquanto a segunda, feita anteriormente pelo Telescópio Espacial Hubble, mostra a mesma região sob luz visível.
No comunicado, a Nasa explica que a imagem capturada pelo Webb permite observar uma diversidade de galáxias ao fundo, especialmente nas bordas, localizadas a centenas de milhões de anos-luz de distância. Essa nova perspectiva de NGC 602, um aglomerado situado próximo à borda da Pequena Nuvem de Magalhães (uma galáxia satélite da Via Láctea), abrange uma área de aproximadamente 200 anos-luz.
O Telescópio James Webb, o mais avançado da atualidade, utiliza tecnologia infravermelha para registrar imagens detalhadas do espaço profundo e explorar os primórdios do cosmos. Como sucessor do Hubble, o Webb foi projetado para investigar as diversas etapas da evolução do universo, desde as primeiras luzes após o Big Bang até a formação de sistemas solares com potencial para sustentar vida.
A acoplagem foi finalizada às 11:00 no horário local (Meia noite no horário de Brasília), cerca de seis horas e meia após o lançamento da nave, que partiu da base de Jiuquan, no deserto ao norte da China
A acoplagem foi finalizada às 11:00 no horário local (Meia noite no horário de Brasília), cerca de seis horas e meia após o lançamento da nave, que partiu da base de Jiuquan, no deserto ao norte da China.
A nave espacial chinesa Shenzhou-19, transportando três astronautas, acoplou-se com sucesso ao módulo central Tianhe da estação espacial Tiangong, conforme anunciou hoje a Agência Espacial de Missões Tripuladas da China.
A tripulação da Shenzhou-19 é liderada por Cai Xuzhe, veterano da missão Shenzhou-14 em 2022, acompanhado pelos estreantes Song Lingdong, ex-piloto da força aérea, e Wang Haoze, engenheira da Academia de Tecnologia de Propulsão Aeroespacial.
Os três astronautas vão ingressar no módulo Tianhe, onde se juntarão à tripulação da Shenzhou-18, formada por Ye Guangfu, Li Cong e Li Guangsu, que já estão na estação desde abril. As duas equipes permanecerão juntas por alguns dias antes do retorno da Shenzhou-18 à Terra.
Durante os seis meses de estadia, a equipe da Shenzhou-19 realizará pesquisas científicas, incluindo experimentos para a construção de habitats lunares utilizando tijolos feitos com material simulado do solo lunar.
Esta é a oitava missão tripulada a Tiangong, que deve operar por aproximadamente dez anos e poderá se tornar a única estação espacial em atividade a partir de 2024, caso a Estação Espacial Internacional, liderada pelos Estados Unidos, seja desativada conforme o planejado.
Nos últimos anos, a China ampliou seu programa espacial com investimentos estratégicos, alcançando marcos importantes, como o pouso no lado oculto da Lua com a sonda Chang'e 4 e a exploração de Marte, sendo o terceiro país a realizar esse feito, após Estados Unidos e antiga União Soviética.
Elon Musk's artificial intelligence startup xAI is reportedly engaged in funding talks that could see the company secure a $40 billion valuation.
According to a Tuesday report from The Wall Street Journal, xAI is trying to raise several billion dollars. The talks are in the early stages and could disintegrate.
After the funding round, xAI could reach a valuation of $40 billion, nearly doubling what it secured after its most recent funding round this year. In May, xAI received just over $6 billion in venture capital funding, valuing the company at about $24
If xAI lands the funding, it would exponentially expand the company that Mr. Musk started in 2023. He initially launched xAI to compete with Sam Altman’s OpenAI, of which Mr. Musk was originally a part.
While xAI has grown significantly since its launch, OpenAI is still the clear leader in generative AI. This year, after transitioning to a for-profit model, OpenAI secured $6.6 billion in its first funding round, which could value the company at $157 billion.
Film productions often wrestle with shifts in the weather, the threat of the crew going into overtime or the fading of a day’s light. Less common are concerns over the cast slipping off the top of a blimp.
They aren’t the only ones who have drifted into virtual spaces and wondered if it might be a rich landscape for a movie. In the “The Remarkable Life of Ibelin,” which debuted Friday on Netflix, director Benjamin Ree plunges into “World of Warcraft” to tell both the life and virtual life story of Mats Steen, a Norwegian gamer who died from Duchenne muscular dystrophy at age 25.
But that was one of the quirks of making “Grand Theft Hamlet,” a documentary about a pair of British actors, Sam Crane and Mark Oosterveen, who, while idled by the pandemic, decided to stage “Hamlet” within the violent virtual world of “Grand Theft Auto.” When Shakespeare wrote of the “slings and arrows of outrageous fortune,” he may not have imagined the threat of a python loose in a bar or Hamlet wrestling with whether “to be” on a helipad. Yet “Grand Theft Auto” might be an oddly appropriate venue for a play where nearly everyone dies.
“The first time Sam did a bit of Shakespeare in that space, he said, ‘I imagine this is what it was like in Shakespeare’s time at the Globe when people would throw apples at you if you were rubbish,’” says Pinny Grylls, who wrote and directed the film with Crane, her husband. “No one’s really watching you but they’re occasionally looking around and listening to the poetry.”
“Grand Theft Hamlet,” which Mubi will release in theaters in January, opens with Crane and Oosterveen’s avatars, fleeing police and careening into an outdoor amphitheater. One says loud, “I wonder if you could stage something here?”
Iranians will soon be able to get their hands on iPhones 14, 15 and 16 after authorities lifted a ban on new smartphone models by the U.S. tech giant Apple, according to an announcement Wednesday.
The ban on new iPhone models had been in place since 2023 but now, the country’s telecommunications minister said authorities are allowing the registration of the new models.
The minister, Satar Hashemi, said on X that the problem of registering new iPhone models on the Iranian market was “solved” and that Iran’s President Masoud Pezeshkian backed the efforts of the communication ministry toward that goal.
Hashemi did not elaborate but said the import measures would be announced, soon.
Following the 2023 ban, iPhone 13 and older versions could still be imported amid high demand for an item that remains a status symbol for many young Iranians.
While the ban was in place, any iPhone 14, 15 or a newer model brought into Iran would stop working on Iran’s state-controlled mobile phone networks after one month, the time span for tourists allowed to visit the county.
The ban spurred a parallel economy for the older handsets, jacking up prices for the devices as many sought to put their depreciating Iranian rials into any physical commodity. It was a sign of the economic woes plaguing Iran after decades of Western sanctions.
The European Union has finalized its sharply higher customs duties on electric vehicles imported from China.
EVs are the latest flash point in a broader trade dispute over Chinese government subsidies and Beijing’s burgeoning exports of green technology to the 27-nation bloc.
“By adopting these proportionate and targeted measures after a rigorous investigation, we’re standing up for fair market practices and for the European industrial base,” European Commission Executive Vice-President Valdis Dombrovskis said.
The duties will stay in force for five years unless an amicable solution is found.
Chinese-built electric cars jumped from 3.9% of the EV market in 2020 to 25% by September 2023, the commission has said.
The commission says companies in China accomplished that with the help of subsidies all along the chain of production, from cheap land for factories from local governments to below-market supplies of lithium and batteries from state-owned enterprises to tax breaks and below-interest financing from state-controlled banks.
The duties took effect provisionally in July and were finalized after talks between the EU and China failed to resolve their differences. Negotiations are expected to continue, and the EU could lift the duties if an agreement is reached.
Here are some basic facts about the EU’s customs duties:
The European Commission, the EU’s executive arm, conducted an eight-month investigation and concluded that companies making electric cars in China benefit from massive government help that enables them to undercut rivals in the EU on price, take a large market share and threaten European jobs.
The duties differ depending on the maker: 17% for BYD, 18.8% for Geely and 35.3% for state-owned SAIC. Other EV manufacturers in China, including Volkswagen and BMW, would be subject to a 20.7% duty. The commission has an individually calculated rate for Tesla of 7.8%.
The rapid growth in market share has sparked fears that Chinese cars will eventually threaten the EU’s ability to produce its own green technology needed to combat climate change, as well as the jobs of 2.5 million workers at risk in the auto industry and 10.3 million more people whose jobs depend indirectly on EV production.
Subsidized solar panels from China have wiped out European producers - an experience that European governments don’t want to see repeated with their auto industry.
Unusually, the commission acted on its own, without a complaint from the European auto industry. Industry leaders and Germany, home to BMW, Volkswagen and Mercedes-Benz, have opposed the tariffs. That’s because many of the cars that will be hit with tariffs are made by European companies, and China could retaliate against the auto industry or in other areas.
Beijing has been sharply critical of the investigation and the higher duties as protectionist and unfair.
The Commerce Ministry has also launched anti-dumping investigations into European exports of brandy, pork and dairy products. Earlier this month, it announced provisional tariffs of 30.6% to 39% on French and other European brandies, after EU member countries voted in favor of finalizing the tariffs on EVs.
Officials have also said that they are weighing whether to raise tariffs on imports of gasoline-powered vehicles with large engines.
A federal agency was wrong to order that Tesla CEO Elon Musk delete a 2018 social media post that union leaders saw as a threat to employee stock options,
A federal agency was wrong to order that Tesla CEO Elon Musk delete a 2018 social media post that union leaders saw as a threat to employee stock options, a sharply divided federal appeals court has ruled.
The case involved a post made on what was then known as Twitter during United Auto Workers organizing efforts at a Tesla facility in Fremont, California. The post was made years before Musk bought the platform, now known as X, in 2022.
On May 20, 2018, Musk tweeted: “Nothing stopping Tesla team at our car plant from voting union. Could do so tmrw if they wanted. But why pay union dues and give up stock options for nothing? Our safety record is 2X better than when plant was UAW & everybody already gets healthcare.”
The National Labor Relations Board said it was an illegal threat. After Tesla appealed, three judges on the 5th U.S. Circuit Court of Appeals in New Orleans upheld that decision, as well as a related NLRB order that Tesla rehire a fired employee, with back pay.
But Tesla sought a rehearing, and the full 5th Circuit later threw out the earlier decision and voted to hear the matter again. In an opinion dated Friday, the judges split 9-8 in favor of Tesla and Musk.
“We hold that Musk’s tweets are constitutionally protected speech and do not fall into the categories of unprotected communication like obscenity and perjury,” the unsigned opinion said.
Donald Trump's Truth Social is now worth more than Elon Musk's X, thanks to a recent run-up in the shares of the parent company of the former president's social media platform.
Trump Media & Technology Group is now valued at over $10 billion after its shares more than quadrupled since late September. Meanwhile, X Holdings is valued at around $9.4 billion, based on the most recent value the investment group Fidelity assigned to its stake in the company formerly known as Twitter.
Do we think Trump will somehow use his social network some AI training or is he just caring about having a platform?
I am not sure how involved he personally is other than using it.
At a minimum, the company has to be selling its data. There is a ton of value there.
I am sure he was...he founded his real estate companies but that is run by his kids. He has no part in the daily operation. I presume Trump media is the same.
I have no idea. Never went to Trump's social media platform to be honest with you.
The stock of Trump Media, or TMTG, tends to move more with Trump’s re-election odds than on its own profit prospects and investors have seen his chances of retaking the presidency improving of late. On Tuesday, the stock rose more than 12% to $53.30, on top of a 21.6% gain Monday. The stock was moving so sharply that trading was briefly halted several times during the morning. The stock had dropped to roughly $12 late last month.
Trump created TMTG after he was banned from Twitter and Facebook following the Jan. 6, 2021, Capitol riot. He owns about 57% of the company but has no role in running it.
Based in Sarasota, Florida, TMTG has been losing money and struggling to raise revenue. It lost more than $16 million in the quarter ending in June while generating only $837,000 in revenue, according to regulatory filings.
When Musk took over Twitter in October of 2022, the company was valued at around $44 billion. At that time, Fidelity Investments valued its stake at $19.7 million. In a recent regulatory filing, Fidelity’s Blue Chip Growth fund said its stake in X Holdings was worth about $4.2 million.
Other companies TMTG is now bigger than include: Caesars Entertainment, Match Group, Walgreens Boots Alliance and Hasbro, the maker of the Monopoly game.
Apple's slow-and-steady approach to AI faces pressure as users encounter waitlists and familiar features. But analysts remain optimistic
Michael Hunter, an Atlanta-based real estate marketing professional and Apple power user, has watched Apple’s new Apple Intelligence features evolve from promising to problematic. After a month with iOS 18.1's early release through his developer account, Hunter was impressed by the system’s enhanced Siri capabilities and responsiveness.
Apple began rolling out its Intelligence features to regular iPhone users this week, marking its biggest push yet into consumer AI as it races to compete with OpenAI’s ChatGPT and Google’s (GOOGL
+4.03%
) Gemini. The update represents a crucial moment for Apple, which has bet that by integrating AI more deeply into iOS while maintaining its privacy-first approach, it can catch up to competitors who got an earlier start in the AI race.
But his enthusiasm dimmed after updating to iOS 18.2 beta last week.
“This has to be the buggiest rollout that Apple has ever done,” said Hunter, who uses Siri across his collection of 20 Apple devices.
The latest version has proven unstable, with voice responses frequently defaulting to screen text and basic Siri functions becoming unreliable. “They took away Siri from me and ruined my day-to-day use,” Hunter said.
But the response so far has been muted, with users facing long waitlists only to find capabilities that feel familiar after two years of similar features from competitors. And it’s raising questions about whether Apple’s characteristically late but polished entrance into AI can still excite consumers.
Potential users (only those with the iPhone 15 Pro or iPhone 16) eager to try Apple Intelligence are finding themselves in an unusual position: waiting in line for a software update. After downloading iOS 18.1, users must toggle a switch in Settings and then join a waitlist that can last several hours.
If you're gonna come at the mouse, you need to be better at hiding your tracks
A disgruntled ex-Disney employee has been arrested and charged with hacking his former employer's systems to alter restaurant menus with potentially deadly consequences.
Michael Scheuer was charged [PDF] and arrested last week for allegedly violating the Computer Fraud and Abuse Act on three occasions by breaking into a former employer's systems. Disney is not named in the complaint, but The Register has been told they are the company in question, and Scheuer's former employer.
Fired from his role at Disney as a menu production manager in June for what the complaint notes was unspecified "misconduct," the dismissal "was contentious and was not considered to be amicable," according to court documents signed by US magistrate judge Daniel Irick in what appears to be crayon (see page 25 of this PDF).
Scheuer allegedly went into action quickly following his termination, and by early July was said to have used his work credentials, which still functioned after his termination, to access the menu creation system Disney contracted another company to create and change all the fonts in the system to wingdings symbols.
"The fonts were renamed by the threat actor to maintain the name of the original font, but the actual characters appeared as symbols," the complaint alleged.
"When launched, Menu Creator reached out to the configuration files to retrieve what it believed to be the correct font, instead, it retrieved the altered font files," the document continued. "As a result of this change, all of the menus within the database were unusable because the font changes propagated throughout the database."
According to the complaint, the changes knocked the system
Circumventing of Western sanctions against Russia.
Following sanctions from the United States and its allies over the war against Ukraine, Russia now has to smuggle advanced processors into the country. As discovered by Bloomberg, an Indian pharmaceutical company has been exporting Dell servers to Russia, circumventing sanctions imposed by the U.S. government.
Between April and August 2024, Shreya Life Sciences shipped 1,111 Dell PowerEdge XE9680 servers, valued at hundreds of millions of dollars, to Russia. These servers are based on Intel's 4th Generation Xeon Scalable CPUs and are equipped with AMD Instinct MI300X or Nvidia H100 processors for AI and HPC processors. The shipments, which were legally conducted under India's trade regulations, were sent to two Russian companies, Main Chain Ltd. and I.S LLC. Trade data shows that these exports began in September 2022, following the imposition of sanctions that cut off access to Western markets.
The servers trace back to Malaysia, where they were initially sourced by Dell's subsidiary in India before being exported to Russia. Shipping documents for over 800 PowerEdge XE9680 servers show Malaysia as the country of origin. Between March and August 2024, India imported 1,407 of these Dell servers from Malaysia. Despite multiple attempts to seek comments from Malaysian officials regarding the exports, neither Malaysia’s Investment, Trade and Industry Ministry nor the Prime Minister’s Office provided a response to Bloomberg.
Shreya’s exports of Dell servers to Russia surged in April 2024, with an average price of $260,000 per server. These servers are classified under HS code 847150, part of a list of dual-use goods restricted by the EU and U.S. to prevent their use in Russian military operations. Main Chain, the primary recipient of Shreya's exports, was registered in Russia in January 2023 and is headed by Anastasia Obukhova, who previously ran small tourism companies.
The Central Taiwan Science Park has issued an ultimatum to the golf club: resolve your issues by December 15 or face compulsory acquisition.
The Central Taiwan Science Park (CTSP) in Taichung, Taiwan is pushing forward with its second phase expansion which will house TSMC’s most advanced fab yet. CTSP said that over 95% of the land required for expansion has already been agreed for purchase, including the Hsing Nong Golf Course. However, according to United Daily News (machine translated), the golf course’s club members are blocking the acquisition because they demand a NT$1.8-million (approximately US$56,000) buyback price for each golf certificate.
This amount is based on 80% of the average NT$2.2-million price of one golf share for a course based in Central Taiwan over the past two years. Given that the Hsing Nong Golf Course issued 1,750 certificates, that amounts to a total of NT$3.15 billion or over US$98.5 million. However, the current average price of a single golf certificate in central Taiwan has already exceeded NT$3 million (around US$94,000). Nevertheless, the Hsing Nong Golf Course expects to net between NT$15 to NT$20 billion (US$470 to US$626 million) from the sale, even after paying the members’ asking price.
Despite getting a bargain, it seems that the Hsing Nong Golf Course has been avoiding coordinating with its members, thus they are considering filing lawsuits and mounting a protest. This news has led to CTSP’s concern that its land acquisition plans would be jeopardized by years of lawsuits and countersuits. So, it issued a final ultimatum to the golf course owners: resolve the issue with its members by December 15 or face compulsory acquisition, likely through eminent domain.
A remarkable new device promises to make cancer detection cheaper, faster and more accessible.
As described in an upcoming issue of Lab on a Chip, researchers at the University of Texas at El Paso (UTEP) say they have developed a system that can detect cancer markers in the blood with greater responsiveness than current diagnostic methods.
Known as a paper-in-polymer-pond (PiPP) device, the new testing platform combines paper similar to the kind found in coffee filters with a plastic framework.
Using a drop of blood from a patient, the PiPP targets two cancer markers: carcinoembryonic antigen (CEA), which is linked to colorectal cancer, and prostate-specific antigen (PSA), which indicates prostate cancer.
CEA and PSA show up in the blood in the early stages of cancer, making them historically difficult to detect. However, the new device can catch these markers at low concentrations, making them roughly 10 times more sensitive than testing kits on the market.
“Our new biochip device is low-cost — just a few dollars — and sensitive, which will make accurate disease diagnosis accessible to anyone, whether rich or poor,” lead author XiuJun (James) Li, a UTEP professor of chemistry and biochemistry, said in a statement.
“It is portable, rapid, and eliminates the need for specialized instruments,” Li added.
A union representing many Google employees is demanding the company lift what it described as an illegal “gag order” barring them from discussing landmark antitrust cases
A union representing Google employees is demanding the tech giant lift what it called an illegal “gag order” barring them from discussing landmark antitrust cases that could upend the company’s business.
On Aug. 5, US District Judge Amit Mehta ruled that Google is a “monopolist” with an illegal stranglehold over the online search market.
That same day, Google president of global affairs Kent Walker instructed employees not to comment on the case inside or outside the workplace.
The Alphabet Workers Union alleges that Walker violated a federal labor law with the “overly board directive” in a bid to “suppress worker speech” related to the antitrust battles, according to a copy of the Aug. 15 filing obtained by The Post.
“Our employer continues to demonstrate a blatant disregard for federal labor law and our right to discuss working conditions with coworkers—up to and including the proposed remedies of federal antitrust actions that could affect many of our jobs at Google,” said Parul Koul, a Google software engineer and president of Alphabet Workers Union.
Bezos' Blue Origin has a $3.4 billion contract to build spacecraft and is competing with Elon Musk’s SpaceX
Jeff Bezos says there is “no connection” between the Washington Post’s decision not to endorse a presidential candidate and his space company’s meeting with former President Donald Trump.
Bezos — who founded Amazon and Blue Origin and owns the Post — published an editorial Monday night about the Post’s decision in an effort to halt the flood of subscribers canceling their plans. As of Monday afternoon, more than 200,000 subscribers had canceled their subscriptions to the Post, accounting for about 8% of the paper’s paid circulation, NPR reports.
Besides the general controversy over a newspaper of record declining to endorse a candidate for the first time in almost four decades, subscribers and online commentators alike were angered by Bezos’ reported involvement in the decision. More than that, there was the appearance of a tit-for-tat deal, with reports noting that Blue Origin had met with the former president the day that the publication said it would not make an endorsement.
“I would also like to be clear that no quid pro quo of any kind is at work here,” Bezos wrote, adding that the decision was made entirely internally. “Neither campaign nor candidate was consulted or informed at any level or in any way about this decision.”
The third-richest man alive said that he sighed when he “found out” that Blue Origin CEO Dave Limp had met with Trump, writing that neither he nor Limp had known about the meeting ahead of time. According to Bezos, it was planned “quickly that morning.” Trump also met with Megan Mitchell, Blue Origin’s vice president of government relations, the Associated Press reported.
New Shepard Development (2006-2011)
In 2006, Blue Origin began to develop the New Shepard spaceplane in earnest. The company invested heavily in the development of the vehicle, which included the creation of a large launch pad and test facility.
New Shepard was designed to be a reusable launch system, with the ability to carry up to six people to the edge of space and back. The vehicle was powered by a liquid oxygen and methane fuel combination, which provided a high specific impulse and efficient propulsion.
Bezos was highly involved in the development of New Shepard, often flying on the vehicle himself. He took the first test flight in 2015, along with his brother Mark and another investor, Evan Leybourn.
Early Years (2000-2003)
Blue Origin was founded in 2000 by Jeff Bezos, the founder of Amazon. At the time, Bezos was looking for a new challenge and was interested in space exploration. He had been fascinated by space since his childhood and had even considered starting a space company before starting Amazon.
Initially, the company was called New Shepard Aerospace and was focused on developing a suborbital spaceplane. The goal was to create a reusable launch system that could carry people to space and back. Bezos was inspired by the concept of space tourism and wanted to create a vehicle that could take people to the edge of space and back.
Bezos assembled a team of experienced engineers and scientists, including Mark Bezos, his brother, and BOB Smith, a former NASA engineer. The team worked tirelessly to develop the New Shepard spaceplane, which was designed to be reusable and efficient.
Name Change and Focus Shift (2003-2006)
In 2003, Bezos changed the company's name to Blue Origin, which is a reference to the origins of life on Earth. The company shifted its focus from suborbital spaceflight to orbital spaceflight, with a goal of establishing a human settlement on Mars.
Blue Origin began to invest in research and development of new technologies, including advanced propulsion systems, life support systems, and habitat design. The company also established a number of research and development centers around the world, including in the United States, Germany, and Canada.
Suborbital Flight Tests (2015-2019)
In 2015, Blue Origin began conducting suborbital flight tests of New Shepard. The company launched several test flights, including the first successful launch and re-entry of the vehicle.
On July 3, 2015, New Shepard flew to an altitude of 106.9 km (342,000 ft), marking the first successful test of the vehicle's propulsion system. The test was followed by several more flights, each one pushing the boundaries of the vehicle's performance.
In 2018, Blue Origin conducted a series of test flights that pushed the limits of the vehicle's performance. The company flew New Shepard to an altitude of 106.9 km (342,000 ft) and demonstrated the vehicle's ability to handle extreme g-forces.
Orbital Flight Tests (2019)
In 2019, Blue Origin announced plans to develop a new vehicle, New Glenn, which would be designed to take people to orbit. The company began conducting orbital flight tests of New Glenn in 2020.
On July 20, 2021, New Glenn flew to an altitude of 108.2 km (356,000 ft), marking the first successful orbital test of the vehicle. The test was followed by several more flights, each one demonstrating the vehicle's performance and capabilities.
Commercial Launch Services (2021)
In May 2021, Blue Origin announced that it would begin offering commercial launch services using its New Glenn vehicle. The company plans to offer launches to a variety of customers, including government agencies and private companies.
Bezos has stated that his goal for Blue Origin is to make humanity a multi-planetary species, with a long-term vision of establishing a permanent human settlement on Mars. He believes that space exploration and development will be critical to the long-term survival of humanity.
Bezos' Role and Vision
Throughout the development of Blue Origin, Bezos has been highly involved in the company's operations and has played a significant role in shaping its vision. Bezos has stated that his goal for Blue Origin is to make humanity a multi-planetary species, with a long-term vision of establishing a permanent human settlement on Mars.
Bezos has also emphasized the importance of making space exploration and development accessible to a wide range of people and organizations. He believes that space will play a critical role in the future of humanity and that it is essential that we make progress in space exploration and development as quickly as possible.
Funding and Investments
Blue Origin has received significant funding and investments from a variety of sources, including Amazon, Bezos' personal wealth, and other investors. The company has also received investments from government agencies and private companies.
In 2020, Blue Origin raised $1 billion in funding from investors, including Amazon, Bezos' personal wealth, and other investors. The funding round was one of the largest in the history of the space industry and marked a major milestone in the company's development.
Controversies and Challenges
Blue Origin has faced several challenges and controversies over the years, including concerns about the company's environmental impact, worker safety, and the potential risks of space travel.
In 2019, Blue Origin faced criticism for its treatment of workers at its manufacturing facility in West Texas. The company was accused of poor working conditions and low wages, leading to calls for improved working conditions and better compensation for workers.
Blue Origin has also faced concerns about the environmental impact of its operations, including the potential for pollution and habitat destruction. The company has responded by implementing a number of sustainability initiatives, including the use of renewable energy sources and waste reduction programs.
Despite these challenges, Blue Origin remains committed to its mission and continues to make significant progress in the development of its space technology.
Ford CEO Jim Farley gushed about his car — a Chinese-made electric vehicle that he had specially flown in from Shanghai.
Ford’s chief executive revealed that he drives a $30,000 Chinese-made electric sedan — and got ripped by critics, who called it a “slap in the face” to employees of the Detroit-based automaker.
“We flew one from Shanghai to Chicago, and I’ve been driving it for six months now and I don’t want to give it up.”
Farley wrote on his X social media account: “I try to drive everything we compete against. Have done it my whole career.”
“I don’t like talking about the competition so much, but I drive the Xiaomi,” Farley told podcast host Robert Llewellyn.
He could have bought a China made Tesla if he wanted also.
A lot of cars rolling out of the Shanghai factory.
Farley, who has been CEO of Ford since October 2020, said he drives a Xiaomi SU7, an electric sedan that retails for $30,000 that he had specially flown in from Shanghai. Introduced in December 2023, the SU7 is the first EV sold by Xiaomi, the world’s second-largest seller of smartphones.
Farley told “The Fully Charged Podcast” that he has no plans to abandon the car.
Farley attended St. Francis College in Brooklyn, where he studied accounting and earned a degree in 1991. During his college years, he also worked part-time jobs to help support his family, including a stint as a car salesman.
Early Life and Education
Jim Farley was born in 1969 in Brooklyn, New York, to an Irish-American family. His parents were both from the old country, and his father was a mechanic. Farley grew up in the Bensonhurst neighborhood of Brooklyn, where he developed a strong interest in cars and mechanics from an early age.
Career at Ford
After graduating from college, Farley joined Ford Motor Company in 1990 as a financial analyst in the company's Ford credit corporation. At the time, Ford was expanding its financial services ARM, and Farley was tasked with analyzing financial data and providing insights to support the company's growth.
Over the next decade, Farley worked his way up the ranks at Ford, holding various positions in finance, including controller and chief financial officer (CFO). In 2001, he joined the company's Ford Credit Corporation as the CFO, where he oversaw the company's financial operations and developed strategies to expand its credit business.
In 2008, Farley became the vice president of Global Marketing, sales, and Service, where he was responsible for developing and executing Ford's global marketing strategy. During his tenure, Farley played a key role in launching the Ford Focus and Fiesta models, as well as the company's SYNC infotainment system.
Executive Vice President and Chief Operating Officer (COO)
In 2015, Farley was promoted to executive vice president and chief operating officer (COO) of Ford, succeeding Jim Hackett. As COO, Farley was responsible for overseeing the company's global operations, including manufacturing, engineering, and sales.
As COO, Farley focused on implementing cost-saving measures and streamlining Ford's operations. He also played a key role in developing the company's strategy for electric vehicles and autonomous driving technologies.
CEO of Ford
On October 1, 2020, Farley became the CEO of Ford, succeeding Jim Hackett. As CEO, Farley has focused on transforming the company into a more agile and innovative organization.
Under Farley's leadership, Ford has announced plans to invest $18 billion in electrification and autonomous driving technologies, with a goal of offering 100 electric vehicles by 2026. Farley has also emphasized the importance of building partnerships with other companies, including startups and technology firms, to accelerate Ford's transformation.
Leadership Style
Farley is known for his strong personality and straightforward communication style. He is a "no-nonsense" leader who values simplicity and efficiency in decision-making.
Farley has also been praised for his ability to build relationships with stakeholders, including employees, suppliers, and partners. He is a strong believer in the importance of teamwork and collaboration, and has encouraged Ford employees to work together to drive innovation and growth.
Personal Life
Farley is married and has two children. He is a self-described "New York guy" who is known for his strong personality and straightforward communication style.
Farley is a fan of sports, particularly baseball, and has been known to take the company's sports cars, including the Ford Mustang, out for spins on weekends. He is also an avid cyclist and has completed several charity cycling events to raise money for various causes.
Farley has also been an outspoken advocate for the need for the US government to provide incentives for the development and deployment of electric vehicles, arguing that the industry can create millions of jobs and stimulate economic growth.
Awards and Recognition
Farley has received numerous awards and recognition for his leadership and contributions to the automotive industry. These include:
Overall, Jim Farley is a seasoned executive with a strong track record of leadership and innovation. As CEO of Ford, he is driving the company's transformation into a more agile and sustainable organization, with a focus on electric vehicles, autonomous driving, and software capabilities.
Broadcom set to help OpenAI to build its AI inference chip.
OpenAI is proceeding with the development of its first custom AI chip with Broadcom and expects to produce it for TSMC. However, reports Reuters, the company no longer intends to spearhead building a fab network. At the same time, the company continues to add more powerful chips from AMD and Nvidia to its fleet.
AI inference chips incoming, no more fab plans
In a bid to reduce reliance on Nvidia, OpenAI initially considered developing its chips both for training and inference and then facilitating the building of a dozen fabs (operated by prominent foundries like TSMC and Samsung Foundry), but high costs and long timelines made it impractical. Instead, OpenAI has prioritized designing custom AI chips for inference together with Broadcom and producing them at TSMC. For now, OpenAI will keep using GPUs from Nvidia and AMD for training.
While high-demand AI GPUs like Nvidia's H100 and H200 are used for training of large language modes by pretty much everyone, which is why they are hard to get, demand for AI inference chips is projected to grow as more AI applications reach the market. OpenAI's upcoming custom-designed inference chip is slated for release by 2026. According to Reuters, this timeline could be adjusted based on project needs, but the focus is on inference tasks that enhance real-time AI responses.
To support this new chip development, OpenAI has assembled a team of around 20 engineers led by experienced engineers like Thomas Norrie and Richard Ho, specialists who previously worked on Google's Tensor Processing Units (TPUs). The team is key to moving forward with the in-house design, which could allow for greater customization and efficiency.
OpenAI now does the same thing as Amazon Web Services, Google, Meta, and Microsoft. These companies have chips for AI or general-purpose workloads, sometimes co-developed with Broadcom.
Will AI completely displace entry-level software engineers?
In Alphabet's recent earning calls, Sundar Pichai said that Google relies on Artificial Intelligence to generate a quarter of its new code. The tech giant, highlighting its strong financials last quarter, attached significant importance to how Google is continuously redefining user experience - while depending on AI internally at the same time. Likewise, on the financial end, the company is seeing an applaudable turnaround - with a 34% increase in net income year over year.
Using AI to write code is nothing new. Let's be honest; we've all used AI at least once to wrap up that one specific assignment or grasp a new concept. However, the fact that an industry leader like Google writes 25% of its new code is both intriguing and unsettling at the same time. Sundar Pichai says, "Today, more than a quarter of all new code at Google is generated by AI, then reviewed and accepted by engineers." Of course, AI is not self-aware, at least not yet, and every line of code has to be monitored by senior developers. But this poses a real threat to up-and-coming programmers.
Google is also revamping how we search things on the internet through AI. Meet AI Overviews, which accumulate results online and offer a summarized overview. “In Search, our new AI features are expanding what people can search for and how they search for it." While, in theory, this is a step in the right direction, the model tends to slip up occasionally. We should also highlight that Google could be forced to split up in light of an anti-trust lawsuit by the Department of Justice pinning Google's monopoly in the Search Engine market.
Overall, Alphabet's financials are solid as the recent influx in AI services to mainstream customers and a surge in YouTube Ad revenue landed the giant a respectable 15% increase in revenue at $88.2 billion compared to last year. Interestingly, the operating income for Google Services is up by 28%, even when you factor in the costs of running those AI models. Google Cloud, offering cloud computing and generative AI solutions, sees a substantial 7.3x uplift in the operating income at $1.94 Billion.
All things considered, it appears that Google's more AI-centric approach is working. While threats about potential job displacements are still looming, Google is doing all it can to appease shareholders and maintain its status in the market.
Supermicro has a super-macro problem
Supermicro stock tanked 35% today after accounting firm Ernst & Young resigned. The firm's resignation, which cites unreliable management and possible law violations, comes one month after the Department of Justice investigated Supermicro for possible accounting manipulation and export violations. Supermicro's stock value has been the lowest since January of this year.
Ernst & Young's letter, cited in an SEC filing, reads, "We are resigning due to information that has recently come to our attention which has led us to no longer be able to rely on management's and the Audit Committee’s representations and to be unwilling to be associated with the financial statements prepared by management, and after concluding we can no longer provide the Audit Services under applicable law or professional obligations."
Ernst & Young also questioned Supermicro's ability to act with "integrity and ethical values." Ernst & Young's resignation came while conducting the audit for the fiscal year ending June 30th, 2024. Supermicro rejected the accounting firm's claims in its filing, saying there are no "reportable events" that would implicate Supermicro in wrongdoing.
Reddit is getting bigger.
Reddit just turned a profit for the first time. As part of its third quarter earnings results released on Tuesday, the company reported a profit of $29.9 million, along with $348.4 million in revenue — a 68 percent increase year over year.
The company hasn’t been profitable at any point in its nearly 20-year history. Since going public, Reddit lost $575 million during its first quarter on the market, but it decreased that loss to $10 million last quarter and is now finally in the black.
Reddit also grew to 97.2 million daily users over the past few months, marking a 47 percent increase from the same time last year. That number exceeded 100 million users on some days during the quarter, Reddit says.
Reddit’s advertising revenue grew to $315.1 million, while “other” revenue reached $33.2 million on account of “data licensing agreements signed earlier this year.” Both Google and OpenAI have cut deals with Reddit to train their AI models on its posts.
In a letter to shareholders, Reddit CEO Steve Huffman attributed the recent increase in users to the platform’s AI-powered translation feature. Reddit started letting users translate posts into French last year before expanding to Spanish, Portuguese, Italian, and German. Now, Huffman says Reddit plans to expand translation to over 30 countries through 2025.
Reddit, self-proclaimed as "the front page of the internet," has grown from a simple link-sharing platform to one of the world's most influential social media websites. Founded in 2005, Reddit has become a unique digital ecosystem that combines social news, web content rating, and discussion forums, creating a platform where millions of users congregate daily to share information, engage in discussions, and build communities around virtually every conceivable topic.
In 2005, college roommates Steve Huffman and Alexis Ohanian attended a lecture at Harvard University by programmer and entrepreneur Paul Graham. Following the lecture, Graham invited them to apply to his startup accelerator, Y Combinator. While their initial pitch for a mobile food ordering app called "My Mobile Menu" was rejected, Graham suggested they build "the front page of the internet" instead.
With $12,000 in seed funding from Y Combinator, Huffman and Ohanian developed Reddit in Medford, Massachusetts. The first version of Reddit was written in Common Lisp but was later rewritten in Python using the web framework web.py. The site launched in June 2005, and within a month, they merged with Aaron Swartz's company Infogami, bringing him on as a co-owner.
The initial version of Reddit was remarkably simple compared to today's platform. Users could submit links, vote content up or down, and comment on submissions. This basic structure would prove to be incredibly powerful and remains at the core of Reddit's functionality today. The site's clean, minimalist design stood in stark contrast to the flashy, graphics-heavy websites that dominated the mid-2000s internet.
The first major feature addition was the introduction of subreddits in 2006, allowing users to create their own communities focused on specific topics. This development would later prove to be crucial to Reddit's growth and community-building potential.
In October 2006, about a year after launch, Reddit was acquired by Condé Nast for an estimated $10-20 million. The acquisition provided Reddit with resources for growth while allowing it to operate relatively independently. During this period, Reddit continued to operate out of San Francisco, separate from Condé Nast's New York headquarters.
Several key features that define modern Reddit were introduced during this period:
Self Posts: In 2009, Reddit introduced self posts (text posts), allowing users to create discussions without linking to external content.
Reddit Gold: Launched in 2010, Reddit gold (later renamed Reddit Premium) became the platform's premium membership program, offering additional features and helping to support the site's operations.
Mobile Interface: The first official mobile interface was introduced, though third-party apps remained popular.
Subreddit Growth: The number of subreddits exploded, with communities forming around increasingly specific interests and topics.
In 2011, Reddit was spun off as an independent entity under Condé Nast's parent company, Advance Publications. This move gave Reddit more operational independence and the ability to pursue its own direction and funding.
During this period, Reddit began to emerge as a significant cultural force:
Boston Marathon Bombing: The platform faced controversy in 2013 when users attempted to identify the bombing suspects, leading to false accusations against innocent individuals. This event sparked important discussions about the responsibilities of social media platforms and their users.
The Fappening: In 2014, Reddit faced another major controversy when users shared leaked celebrity photos, leading to discussions about privacy and content moderation.
Community Activism: Reddit communities began organizing various charitable initiatives and social movements, demonstrating the platform's potential for collective action.
In 2015, Steve Huffman returned as CEO following a period of turmoil. Under his leadership, Reddit has undergone significant changes:
Funding Rounds: The company has raised several rounds of funding, including a $300 million round led by Tencent in 2019, valuing the company at $3 billion.
Design Updates: The platform underwent major redesigns, including the controversial "New Reddit" interface launched in 2018.
Content Policies: Reddit has implemented stricter content policies, banning numerous subreddits that violated its rules.
Reddit's technical infrastructure has evolved significantly:
Architecture Modernization: The platform has undergone multiple technical overhauls to handle increasing traffic and features.
Mobile Apps: Official Reddit apps for iOS and Android were launched, though third-party alternatives remain popular.
New Features: Introduction of features like Reddit Chat, polls, and improved video hosting.
Reddit's community has developed its own distinct culture:
Karma System: The points-based reputation system that rewards popular contributions.
Awards System: Virtual awards users can give to exceptional content, evolving from Reddit Gold to include numerous specific awards.
Subreddit Culture: Each subreddit develops its own rules, customs, and inside jokes.
Reddit has influenced various aspects of internet culture and society:
Meme Culture: Reddit has become a primary source for creating and spreading internet memes.
News Distribution: The platform often breaks news stories before traditional media.
Political Discourse: Subreddits dedicated to political discussion have influenced public debate and election campaigns.
r/place: A collaborative art project where users could place one pixel every few minutes, creating massive collaborative artwork.
GameStop stock Rally: In 2021, the r/wallstreetbets community played a significant role in the GameStop stock market event.
Annual Secret Santa: The world's largest gift exchange program, which included participation from celebrities like Bill Gates.
Reddit's influence extends to business and marketing:
Advertising Platform: Development of native advertising solutions and promoted posts.
Market Research: companies using Reddit for market research and community feedback.
Viral Marketing: Numerous marketing campaigns have originated or gained traction on Reddit.
Reddit has faced ongoing challenges with content moderation:
Hate Speech: Dealing with hate speech and extremist content while balancing free speech concerns.
Privacy Issues: Managing doxxing and personal information sharing.
Misinformation: Combating the spread of false information, particularly during events like elections and the COVID-19 pandemic.
Reddit continues to explore new technologies:
Blockchain Integration: Experiments with cryptocurrency and NFTs.
AI and Machine Learning: Implementation of automated moderation tools.
Virtual Reality: Potential development of VR-based communities.
The platform's business model continues to evolve:
Revenue Diversification: Exploring new revenue streams beyond advertising.
International Expansion: Growing user bases in non-English speaking countries.
Community Tools: Development of new features for subreddit moderators and users.
Reddit's evolution from a simple link-sharing site to a global community platform reflects broader changes in how people interact online. Its success lies in its ability to maintain core principles of user-driven content and community while adapting to changing technologies and user needs. As the internet continues to evolve, Reddit's influence on digital culture and communication shows no signs of diminishing.
The platform's journey demonstrates the power of community-driven platforms and the challenges of managing large-scale online communities. As Reddit continues to grow and evolve, it remains a unique example of how technology can bring people together around shared interests while navigating the complex landscape of modern digital communication.
Whether Reddit can maintain its distinctive character while meeting the challenges of scale, monetization, and changing user expectations remains to be seen. However, its impact on internet culture and online community building is undeniable and will likely influence social platforms for years to come.
It crazy to me that Reddit hasnt been profitable before. They have had massive amount of traffic since forever.
Cant have been good aat monetizing their audience.
A new assessment indicates at least 16,425 of the 47,282 tree species on Earth are at risk of extinction.
At least 40% of tree species on earth are at risk of extinction, according to a release from the International Union for the Conservation of Nature (IUCN), according to a report in The Hill.
At least 16,425 of the 47,282 species are at risk of extinction, according to the assessment.
"Today, we are releasing the global assessment of the world's trees on the IUCN Red List, which shows that more than one in three tree species are threatened with extinction. Trees are essential to support life on Earth through their vital role in ecosystems, and millions of people depend upon them for their lives and livelihoods," Dr. Grethel Aguilar, director general of the IUCN, said in a statement.
The Echo ecosystem has seen its fair share of failures while trying to popularize Amazon’s Alexa smart assistant.
For the past decade, Amazon has aspired for Alexa to be more than just a convenient way to start a cooking timer. To convince consumers of the smart assistant’s potential, the company has reinvented its Echo line again and again. From fashion-critiquing cameras to microwaves you can ask to make popcorn, Echo’s repeated renaissance has often felt wildly experimental in a way that hasn’t always clicked with consumers.
Although the Echo smart speaker has endured, many other Echo spinoffs, accessories, and variations have not. They were either too weird, too redundant, or too ahead of their time to survive longer than a few years before being quietly disappeared from Amazon’s online store.
Let’s take a look at the Echo products that failed to win consumers over or failed to convince Amazon they were worth keeping around.
Arrow Lake's disappointing sales match its underwhelming performance.
Intel's Core Ultra 200S (codenamed Arrow Lake) series desktop processors, released on October 24, have still not sold a single unit on Mindfactory, Germany's largest PC components online retailer. While some Arrow Lake chips have sold out of stock on American sites like Newegg and Amazon, all Intel CPU sales make up just 5% of Mindfactory's CPU share, with AMD raking in 95% of CPU sales on the site.
The Tweet displays Mindfactory's CPU sales numbers for the past week. None of the five Arrow Lake desktop SKUs—Core Ultra 9 285K, Core Ultra 7 265K/KF, or Core Ultra 5 245K/KF—appear on the chart. In fact, Intel's highest-performing CPU, the Core i5-13400, takes 21st place behind a wall of Ryzen chips. A trio of 14th Gen Core i7s and Core i9s take up the rear, with all of Intel's processors selling around ten units each.
Intel's approximately 40 sales at an average sale price of €388 each represents 5.19% of Mindfactory's CPU sales. Compare this with just AMD's first- and second-place chips, the Ryzen 7 7800X3D and Ryzen 7 5700X3D, sitting at 190 and 80 units sold, respectively. AMD's motherboard sales share went from 88.65% to 93.75%, knocking Intel steadily out of the water.
As we found in our 3-star review, the Intel Core Ultra 9 285K is an alright release but represents a generational regression in gaming performance. Its productivity increases are not enough to save it from being considered a disappointing launch, and Germany's sales represent this. Curiously, the 285K is out of stock at most American retailers. The next-best chip, the Core Ultra 7 265K, is in stock on Amazon and Newegg but only has six combined reviews across both sites, also pointing to disappointing sales.
Roku announced strong third-quarter results today, exceeding $1 billion in total net revenue for the first time in the company’s history. Platform revenue, which includes advertising and subscription revenue, surged 15% year-over-year, demonstrating the continued growth of Roku’s streaming platform.
Key Performance Metrics Update:
Starting in Q1 2025, Roku will update its key performance metrics to better reflect its focus on platform revenue and profitability. The company will no longer report quarterly updates on Streaming Households and ARPU, instead prioritizing Streaming Hours, Platform revenue, Adjusted EBITDA, and Free Cash Flow.
Key Highlights:
Total net revenue reached $1.062 billion, a 16% increase year-over-year.
Platform revenue hit $908 million, up 15% year-over-year.
Gross profit increased 30% year-over-year to $480 million.
Streaming Households grew to 85.5 million, adding 2 million new households in the quarter.
Streaming Hours reached 32 billion, a 20% increase year-over-year.
The Roku Channel saw streaming hours increase 80% year-over-year, solidifying its position as a top streaming destination.
Focus on Platform Growth:
Roku emphasized its commitment to expanding its platform revenue through several key initiatives:
Home Screen Innovation: Roku continues to refine its home screen experience to enhance monetization opportunities, including features like the Roku Sports Zone and NFL Zone.
Advertising Growth: The company is expanding its advertising offerings and deepening integrations with third-party platforms to attract a wider range of advertisers.
Roku-Billed Subscriptions: Roku is focused on growing its subscription business by making it easier for users to subscribe to streaming services through Roku Pay.
AT&T is doubling down on its fiber ambitions with a massive $1 billion investment in Corning. The multi-year deal announced this week will see AT&T procure fiber optic cable, connectivity solutions, and other essential equipment from Corning, a leading manufacturer in the fiber optics industry.
This strategic partnership comes as AT&T seeks to expand its high-speed internet services and compete more aggressively in the broadband market. With the US wireless market experiencing a slowdown, telecom giants like AT&T and Verizon are increasingly focusing on fiber optic networks to deliver faster and more reliable internet connectivity.
AT&T is doubling down on its fiber ambitions with a massive $1 billion investment in Corning. The multi-year deal announced this week will see AT&T procure fiber optic cable, connectivity solutions, and other essential equipment from Corning, a leading manufacturer in the fiber optics industry.
This strategic partnership comes as AT&T seeks to expand its high-speed internet services and compete more aggressively in the broadband market. With the US wireless market experiencing a slowdown, telecom giants like AT&T and Verizon are increasingly focusing on fiber optic networks to deliver faster and more reliable internet connectivity.
Meeting Growing Demand:
The demand for AT&T’s fiber internet services, particularly its bundled plans that combine high-speed internet with wireless phone service, has been steadily increasing. The company reported 28.3 million fiber passings in the third quarter and remains on track to surpass 30 million by the end of 2025.
Zoox co-founder and CTO Jesse Levinson doesn't believe Tesla will launch a robotaxi ride-hailing service in California (or anywhere else) next year
The “fundamental issue is they don’t have technology that works,” Levinson said Wednesday at TechCrunch Disrupt 2024. “And by works, I want to differentiate between a driver assistance system that drives most of the time — except when it doesn’t, and then you have to take over — versus a system that’s so reliable and robust that you don’t need a person in it.”
#autonomoy #zoox #tesla #selfdriving #elonmusk #jesselivinson
It’s unclear if Tesla would be required to get permission from California’s Department of Motor Vehicles to conduct the tests Musk said his company is already performing. The DMV did not immediately respond to a request for comment.
David Lau, Tesla’s VP of software engineering, said on the call that the cars employees have been hailing have had safety drivers at the wheel. And to be clear, no Tesla vehicles can currently drive themselves without human intervention.
Levinson went further and specifically pointed to Tesla’s decision to rely solely on cameras to support its driver assistance system. “Our perspective is you really do need significantly more hardware than Tesla is putting in their vehicles to build a robotaxi that is not just as safe, but as especially safer than a human,” he said.
Levinson’s comments come just a few weeks after Musk revealed the prototype of Tesla’s so-called “Cybercab” robotaxi. Musk also announced at the Cybercab event that Tesla wants to start allowing Model 3 sedans and Model Y SUVs to operate as robotaxis in California and Texas by the end of 2025.
Levinson said he uses Tesla’s Full Self-Driving (Supervised) software “every couple of weeks.” And while he called it “impressive,” he also said he finds it “a bit stressful.”
“Usually it does the right thing, and then it sort of lulls you into this false sense of complacency, and then it does the wrong thing,” he said. ‘You’re like, Oh, my God!’”
Levinson went on to say he believes FSD is “about 100 times less safe than a human if you look at all the metrics that are publicly available.” (Tesla releases quarterly safety reports that claim its driver-assistance gets into fewer crashes than cars without it — though these self-reported statistics have been criticized as being selective.)
The comments about Tesla came as Levinson announced Zoox is launching its custom-built robotaxi in San Francisco and Las Vegas markets in the coming weeks. The company plans to make them available to an early-rider program in 2025.
Elon Musk said he hopes to launch a service that will let people hail self-driving Tesla vehicles in California and Texas sometime in 2025 — and claims his company has already been testing the service in the Bay Area with employees.
The comments, made Wednesday on Tesla’s third-quarter earnings call, go farther than what Musk promised two weeks ago at its Cybercab unveiling event. On that stage, Musk promised that Model 3 and Model Y owners would be able to use an “unsupervised” version of Tesla’s Full Self-Driving software in California and Texas. But he made no mention of the ride-hailing network, despite Tesla having teased the idea for years.
Today, Tesla’s Full Self-Driving software, or FSD, is considered an advanced driver assistance system — not a self-driving system like the one Waymo uses in its robotaxis. FSD offers some automated features that are available on highways and city streets, however the system still requires the driver to pay attention and take control.
Musk said on the call that Tesla would go through the proper regulatory approval process in California before opening such a service to everyday consumers, though he lamented the red tape and said he expects smoother process in his home state of Texas. The regulatory process in California to launch a commercial robotaxi service has multiple tiers that require approval from the DMV and the California Public Utilities Commission. Waymo is the only company currently allowed to operate a commercial drvierless robotaxi service in San Francisco.
Musk also opined that Tesla might launch the service in other states by the end of next year, too.
These claims come after years of Musk overpromising on Tesla’s ability to develop software that can autonomously drive cars. He originally promised in 2016 in a since-deleted post on Tesla’s website that “All Tesla Cars Being Produced Now Have Full Self-Driving Hardware,” and in the following years made it seem that it would only take the flip of a switch to fill the streets with self-driving cars.
Even the hardware part of that promise has not borne out.
Amazon-owned AV company Zoox will start rolling out dozens of its purpose-built autonomous vehicle in San Francisco and in Las Vegas in the coming weeks,
Amazon-owned AV company Zoox will start rolling out dozens of its purpose-built autonomous vehicle in San Francisco and in Las Vegas in the coming weeks, co-founder and CTO Jesse Levinson announced on the TechCrunch Disrupt 2024 stage.
#amazon #zoox #autonomoy #sanfrancisco #lasvegas #ridesharing
Levinson said that Zoox will start offering rides — starting with employees — in the SoMa neighborhood of San Francisco, and on the Las Vegas Strip. Levinson told TechCrunch on the sidelines that Zoox is starting with SoMa even though it’s more difficult in part because the company has a operations in the area.
“We have achieved that internal safety readiness” required to launch the service, he said on stage.
The announcement comes a decade after Zoox was founded and four years since it was acquired by Amazon and unveiled its purpose-built robotaxi. In that time, the nascent autonomous vehicle industry has gone through the full hype cycle that led to multi-billion-dollar valuations and later a wave of shutdowns and consolidation.
“We still exist,” Levinson said, in a nod to the tumult the industry has gone through in recent years.
Levinson said Zoox is going to take a “measured approach” to rolling out its robotaxi service, and noted that his company has been working closely with local and federal safety regulators.
“I can say that in the next few weeks, we’re actually going to have a couple dozen Zoox robotaxis across our Foster City, San Francisco and Las Vegas, geofences that will expand several fold over the next year,” he said. “And then, you know, 2026 is when we’re going to really start cranking out production vehicles at very large scale.”
For example, say you are building an AI application for the healthcare industry. A knowledge graph could be used to unify patient data, medical research, treatment protocols, and other important data sources. When a doctor queries the system for treatment options, the knowledge graph could explore relationships between similar cases, relevant research, and potential drug interactions, providing a comprehensive understanding of the available treatments.
“I used to be proud of my work and excited about my future here,” said one employee. “I don’t feel that anymore.”
More than 500 Amazon employees sent a letter on Wednesday to the CEO of its AWS unit urging reversal of a full return-to-office policy and rejecting his assertion that the rule had broad support and opponents should leave Amazon Web Services.
“We were appalled to hear the non-data-driven explanation you gave for Amazon imposing a five-day in-office mandate,” the letter begins.
AWS CEO Matt Garman, at an Oct. 17 all-hands meeting of the cloud computing unit, said nine out of 10 workers he had spoken with supported the return-to-office policy, set to take effect early next year.
Those comments are “inconsistent with the experiences of many employees” and are “misrepresenting the realities of working at Amazon,” according to the letter, which Reuters reviewed after it was sent to Garman.
An Amazon spokesperson said the company offers commuter benefits, elder care and subsidized parking rates, among other things, to help with in-office work.
Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.
Despite Meta's successful showcase of its Orion prototype AR glasses in September, the social media giant continues to lose billions of dollars a quarter developing the still nascent metaverse.
Meta reported third-quarter earnings on Wednesday, in which it said its Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion. Analysts polled by StreetAccount were expecting that unit to post an operating loss of $4.68 billion.
Reality Labs revenue rose 29% year over year to $270 million in the third quarter, below analysts' expectations of $310.4 million. Reality Labs primarily makes money through selling Meta's Quest VR headsets and the Ray-Ban Meta smart glasses.
Meta first entered the VR market in 2014 when it was still named Facebook and bought the VR startup Oculus for $2 billion.
Facebook co-founder and Meta CEO Mark Zuckerberg believes developing VR and AR technology could position the company to become a leader in what could become the next major personal computing platform.
The investment has been costly for Meta. After the company's Wednesday earnings report, Reality Labs has an operating loss of more than $58 billion since 2020.
The global credit card giant has teamed up with America’s largest crypto exchange again.
In an announcement on Oct. 29, international credit giant Visa unveiled the partnership enabling real-time money movement between traditional banking and crypto services using the Visa Direct network.
“This partnership adds convenience and new services for Coinbase customers across the US and EU, including real-time, reliable, and secure money movement,” it stated.
Visa’s head of crypto, Cuy Sheffield, commented on the collaboration on Oct. 30.
Day and Night Trading
Customers of the exchange will be able to deposit funds into their Coinbase accounts in real-time using eligible Visa debit cards, the announcement added.
The Visa Direct network offers quick and secure money movements, further bridging the gap between traditional finance and blockchain technologies and helping to minimize waiting periods for fund availability.
Head of Visa Direct for North America, Yanilsa Gonzalez Ore, commented that “Coinbase users with an eligible Visa debit card know that they can take advantage of trading opportunities day and night.”
Meanwhile, Senior Director of Product Management at Coinbase, Akash Shah, added, “Bringing this feature to our customers supports our mission of increasing economic freedom in the world.”
Collaboration between the two companies goes back to 2020 when Visa approved Coinbase as a “principal member” to improve customer experiences. The latest development expands on their existing relationship, which includes the Coinbase Visa debit card for US customers.
The crypto industry has often struggled to tap traditional banking and payment rails due to concerns over market volatility and industry scandals such as the high-profile collapses in 2022. However, as crypto regulations become clearer across the globe, some of those challenges could be eased.
Additionally, crypto regulations “could be firmed up in the US by the next administration,” reported Bloomberg. Coinbase is among many crypto firms that have spent millions influencing the presidential election through donations to super PACs (political action committees.)
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From Wikipedia:
Visa Inc. (/ˈviːzə, ˈviːsə/) is an American multinational payment card services corporation headquartered in San Francisco, California. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards and prepaid cards.
Visa does not issue cards, extend credit, or set rates and fees for consumers; rather, Visa provides financial institutions with Visa-branded payment products that they then use to offer credit, debit, prepaid and cash access programs to their customers. In 2015, the Nilson Report, a publication that tracks the credit card industry, found that Visa's global network (known as VisaNet) processed 100 billion transactions during 2014 with a total volume of US$6.8 trillion.
Visa was founded in 1958 by Bank of America (BofA) as the BankAmericard credit card program. In response to competitor Master Charge (now Mastercard), BofA began to license the BankAmericard program to other financial institutions in 1966.[8] By 1970, BofA gave up direct control of the BankAmericard program, forming a cooperative with the other various BankAmericard issuer banks to take over its management. It was then renamed Visa in 1976.
Nearly all Visa transactions worldwide are processed through the company's directly operated VisaNet at one of four secure data centers, located in Ashburn, Virginia; Highlands Ranch, Colorado; London, England; and Singapore.[10] These facilities are heavily secured against natural disasters, crime, and terrorism; can operate independently of each other and from external utilities if necessary; and can handle up to 30,000 simultaneous transactions and up to 100 billion computations every second.
Visa is the world's second-largest card payment organization (debit and credit cards combined), after being surpassed by China UnionPay in 2015, based on annual value of card payments transacted and number of issued cards.[13] However, because UnionPay's size is based primarily on the size of its domestic market in China, Visa is still considered the dominant bankcard company in the rest of the world, where it commands a 50% market share of total card payments
Visa’s fiscal fourth quarter results underscored the payment network’s traction beyond card payments, as new payment flows in particular gained momentum. Commentary from the call and from the earnings supplement and earnings release show that overall payments volume grew 8% year over year.
In the United States, payments volume grew 5%, and international payments volume grew 10%. Cross-border volume, excluding intra Europe, rose 13%. In consumer payments, CEO Ryan McInerney detailed that Visa’s credential count was up 7% year over year, to 4.6 billion, and has issued cumulatively 11.5 billion tokens.
“Our key business drivers were relatively stable compared to Q3,” McInerney told analysts on the call. “More than 30% of our total transactions are tokenized.”
He called out account-to-account payments as an area of particular promise, where the firm is leveraging its “brand infrastructure and rules as well as consumer protections to enable simpler, safer and more secure account to account payments.”
Visa A2A, he said “is open to any eligible bank, and open banking provider, and verified biller. Initially, this is targeted at bill payments, and we plan to launch in 2025 in the U.K.”
The trend of big touchscreens in cars has left many yearning for the not-so-distant days when most user interactions happened with physical buttons. But Rivian’s chief software officer Wassym Bensaid believes using buttons in a car is an “anomaly.”
“It’s a bug. It’s not a feature,” Bensaid said Wednesday at TechCrunch Disrupt 2024. “Ideally, you would want to interact with your car through voice. The problem today is that most voice assistants are just broken.”
To that end, Bensaid said that “every week” he’s driving around an engineering vehicle that has an AI-powered voice assistant, though he did not specify which one. He mentioned earlier in his interview with TechCrunch’s transportation editor Kirsten Korosec that Rivian has “partnerships that I cannot yet talk about.”
“I think the car is actually a fantastic environment for AI,” he said, while noting that latency and hallucinations are still very big problems that need to be solved.
“The final north star I have is having voice [controls] become the primary means of interaction with the vehicle. The reality is that the vehicle is so feature-rich, that even if we do a fantastic job in the UI, there will always be prioritization that we need to do in terms of having things one or two menus behind,” Bensaid told TechCrunch after he got off stage.
Bensaid also said he’s a big believer in the ability of AI-powered voice controls to handle complex requests. For instance, he said if a driver says “I’m hungry” the in-car assistant should be able to quickly direct them to a nearby restaurant that they might prefer.
This is not a dramatically new idea; Automakers like Mercedes-Benz have spent years promising a seamless voice-controlled in-car experience, with mixed results. But Bensaid said Rivian’s goal is to make it possible to take every touchscreen control and make it available by voice.
The tech giant said it will ramp up AI and infrastructure spending next year
Facebook parent Meta Platforms saw its profits surge 35% in the third quarter, as it looks to show investors that its multi-billion dollar investments into artificial intelligence are bearing fruit.
Meta saw $15.69 billion in net income last quarter, or $6.03 per share, up from $11.58 billion in the same quarter last year, the company reported after the markets closed on Wednesday. Wall Street had expected $13.49 billion in profit, or $5.21 per share, according to estimates compiled by FactSet.
Revenue came in at $40.59 billion, up 19% from $34.15 billion a year ago and surpassing Wall Street’s estimated $40.19 billion for the quarter.
“We had a good quarter driven by AI progress across our apps and business,” said Mark Zuckerberg, Meta founder and CEO. “We also have strong momentum with Meta AI, Llama adoption, and AI-powered glasses.”
Shares of Meta were down 3% in after hours trading.
The company said it expects fourth-quarter total revenue to be in the range of $45-48 billion. It lowered its full-year expense expectations to $96-98 billion, and raised capital expenditure estimates to $38-40 billion. Meta expects “significant capital expenditures growth in 2025” and “significant acceleration in infrastructure expense growth next year.”
Computational biology refers to the use of data analysis, mathematical modeling and computational simulations to understand biological systems and relationships. An intersection of computer science, biology, and big data, the field also has foundations in applied mathematics, chemistry, and genetics. It differs from biological computing, a subfield of computer science and engineering which uses bioengineering to build computers.
Bioinformatics, the analysis of informatics processes in biological systems, began in the early 1970s. At this time, research in artificial intelligence was using network models of the human brain in order to generate new algorithms. This use of biological data pushed biological researchers to use computers to evaluate and compare large data sets in their own field.
By 1982, researchers shared information via punch cards. The amount of data grew exponentially by the end of the 1980s, requiring new computational methods for quickly interpreting relevant information.
Perhaps the best-known example of computational biology, the Human Genome Project, officially began in 199.] By 2003, the project had mapped around 85% of the human genome, satisfying its initial goals. Work continued, however, and by 2021 level " a complete genome" was reached with only 0.3% remaining bases covered by potential issues. The missing Y chromosome was added in January 2022.
Since the late 1990s, computational biology has become an important part of biology, leading to numerous subfields. Today, the International Society for Computational Biology recognizes 21 different 'Communities of Special Interest', each representing a slice of the larger field. In addition to helping sequence the human genome, computational biology has helped create accurate models of the human brain, map the 3D structure of genomes, and model biological systems