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Rivian wins $827 million from Illinois to expand its factory for R2 lineup
Rivian is getting $827 million in incentives from the state of Illinois to support building its next-generation electric vehicle, known as the R2. The company announced Thursday that the State of Illinois Department of Commerce and Economic Opportunity will dole out the funds to help expand its existing factory in Normal, IL, as well as […]
Take That latest to move from troubled Co-op Live to rival venue
The band have become the latest act to move from the troubled arena amid "technical issues".Dow climbs 300 points, S&P 500 rises for first day in three as jobs report looms: Live updates
Stocks rose Thursday as investors looked ahead to more corporate earnings and a key labor report set for later in the week.Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts
The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company said.Trump: ‘We’re not letting the radical left morons take over’
Former US President Donald Trump denounced “the radical left morons" at anti-Gaza war university protests.Natural language boosts LLM performance in coding, planning, and robotics
Three neurosymbolic methods help language models find better abstractions within natural language, then use those representations to execute complex tasks.AI
Natural language boosts LLM performance in coding, planning, and robotics
Three neurosymbolic methods help language models find better abstractions within natural language, then use those representations to execute complex tasks.An AI dataset carves new paths to tornado detection
TorNet, a public artificial intelligence dataset, could help models reveal when and why tornadoes form, improving forecasters' ability to issue warnings.MIT faculty, instructors, students experiment with generative AI in teaching and learning
At MIT’s Festival of Learning 2024, panelists stressed the importance of developing critical thinking skills while leveraging technologies like generative AI.Julie Shah named head of the Department of Aeronautics and Astronautics
An expert in robotics and AI, Shah succeeds Steven Barrett at AeroAstro.Mapping the brain pathways of visual memorability
For the first time, researchers use a combination of MEG and fMRI to map the spatio-temporal human brain dynamics of a visual image being recognized.This tiny chip can safeguard user data while enabling efficient computing on a smartphone
Researchers have developed a security solution for power-hungry AI models that offers protection against two common attacks.To build a better AI helper, start by modeling the irrational behavior of humans
A new technique can be used to predict the actions of human or AI agents who behave suboptimally while working toward unknown goals.Using deep learning to image the Earth’s planetary boundary layer
Lincoln Laboratory researchers are using AI to get a better picture of the atmospheric layer closest to Earth's surface. Their techniques could improve weather and drought prediction.Advancing technology for aquaculture
MIT Sea Grant students apply machine learning to support local aquaculture hatcheries.3 Questions: Enhancing last-mile logistics with machine learning
MIT Center for Transportation and Logistics Director Matthias Winkenbach uses AI to make vehicle routing more efficient and adaptable for unexpected events.Crypto
Tether Enters Transaction Surveillance Partnership with Chainalysis as Regulatory Pressure Mounts
The monitoring system would help Tether identify risky crypto addresses that could be used for bypassing sanctions or illicit activities like terrorist financing, the company said.Crypto Market Sell-Off Was Driven by Retail Investors, JPMorgan Says
Crypto markets have seen significant profit taking in recent weeks with retail investors playing a bigger role than institutions, the report said.Crypto for Advisors: Digital Asset Custody’s Future
Once they reach a certain level of sophistication, there’s a clear trend for Web3 asset holders to transition their digital asset wealth to self-custody.U.S. Senate's Warren Warns National Security Chiefs About Iranian Crypto Mining
U.S. Sen. Elizabeth Warren (D-Mass.), one of the most prominent critics of cryptocurrency hazards, warned the top military and financial officials that Iran relies on digital assets mining as a source of revenue that can lessen the pressure from U.S. sanctions.MicroStrategy Unveils Plan for Bitcoin-Based Decentralized Identity Using Ordinals
MicroStrategy has already built one application using its service. "Orange For Outlook" integrates digital signatures into emails to enable recipients to verify the identity of the sender.Tokenized Private-Credit Platform Untangled Opens Its First USDC Lending Pool on Celo
Private credit has been at the forefront of crypto's asset tokenization trend with over $600 million outstanding on-chain assets.LayerZero Takes Snapshot as Airdrop Draws Closer
The interoperability protocol indicated that there will be a series of airdrops.Bitcoin Miner Stronghold Looking at Options, Including Sale of Company
The miner is looking at options including sale of all or part of the company and other strategic transactions.MoonPay Users Can Now Buy Crypto Via PayPal
Web3 Publishing Platform Mirror Sells to Paragraph, Pivots to Social App 'Kiosk'
Mirror and Paragraphs are rivals in the Web3 publishing space, and their deal allows Mirror's team to operate as an independent company focused exclusively on social media.Dev
Online Cryptography Course by Dan Boneh
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CommentsFinance
Dow climbs 300 points, S&P 500 rises for first day in three as jobs report looms: Live updates
Stocks rose Thursday as investors looked ahead to more corporate earnings and a key labor report set for later in the week.Apple's China sales in focus ahead of earnings
Investor expectations are low and Apple could surpass them even if sales growth is weak.Sony and Apollo send letter expressing interest in $26 billion Paramount buyout as company mulls Skydance bid
Sony and Apollo expressed formal interest in a Paramount Global buyout as Paramount's special committee is prepared to give its recommendation to Skydance.Wall Street is confused and divided over how many times the Fed will cut rates this year
Most economists for the biggest forecasting firms expect the central bank will lower benchmark interest rates sometime later this year.Income investors can find double-digit yields at a discount with this play
Jeffrey Gundlach recently flagged closed-end funds for their attractive discounts and yields.FTC accuses ex-Pioneer CEO of colluding with OPEC, blocks him from Exxon board seat
The FTC has decided to refer the allegations to the Justice Department for a potential criminal investigation, according to The Wall Street Journal.Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
Peloton announced Thursday that CEO Barry McCarthy will be stepping down just over two years after he took over from founder John Foley.Democratic senator aims at Amazon's labor practices with first federal bill regulating quotas
The bill seeks to regulate productivity quotas used by warehouse employers including Amazon.Trump Media pushes House to probe 8 firms over short-selling of DJT shares
Donald Trump is the majority shareholder in Trump Media and the best-known user of its Truth Social app. When DJT shares fall, his net worth can take a bit hit.Kremlin reacts to U.S.' chemical weapons allegations; Russia claims further advance in east Ukraine
The U.S. has formally accused Russia of using chemical weapons against Ukrainian troops. The Kremlin said the claims were unfounded.Tech
Rivian wins $827 million from Illinois to expand its factory for R2 lineup
Rivian is getting $827 million in incentives from the state of Illinois to support building its next-generation electric vehicle, known as the R2. The company announced Thursday that the State of Illinois Department of Commerce and Economic Opportunity will dole out the funds to help expand its existing factory in Normal, IL, as well as […]
Microsoft bans U.S. police departments from using enterprise AI tool
Microsoft has changed its policy to ban U.S. police departments from using generative AI through the Azure OpenAI Service, the company’s fully managed, enterprise-focused wrapper around OpenAI technologies. Language added Wednesday to the terms of service for Azure OpenAI Service prohibits integrations with Azure OpenAI Service from being used “by or for” police departments in […]
EU plan to force messaging apps to scan for CSAM risks millions of false positives, experts warn
A controversial push by European Union lawmakers to legally require messaging platforms to scan citizens’ private communications for child sexual abuse material (CSAM) could lead to millions of false positives per day, hundreds of security and privacy experts warned in an open letter Thursday. Concern over the EU proposal has been building since the Commission […]
They thought they were joining an accelerator — instead they lost their startups
Lacey Hunter thought all was well as she put her startup through the three-month Newchip accelerator. Then the organization filed for bankruptcy in May 2023. Things went from bad to worse later that year when she discovered warrants of her company — rights to buy an ownership stake — had become part of the proceedings, […]
Your AI-native startup ain’t the same as a typical SaaS company
It's not building any startup, but building a defensible AI startup presents its own set of unique challenges.
Hyundai is spending close to $1 billion to keep self-driving startup Motional alive
Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake while providing the self-driving startup with the necessary capital to keep operating. The Korean automaker invested $475 million directly into Motional as part of a broader deal that includes buying out joint venture partner Aptiv. […]
TechCrunch Minute: Where CZ’s sentencing leaves the state of crypto
Four months behind bars and a massive fine, that’s what CZ is getting from the government for his crypto exchange’s misdeeds. Regardless of how you view the verdict — too much, too little, just right — his sentencing is a big deal for web3. Potentially in a positive way. There’s effort by some in crypto […]
Google will now show labels in Play Store to denote official government apps
After months of testing, Google is today rolling out labels in the Play Store to denote official state and federal government apps in more than 14 countries. This new label will help users rule out apps that masquerade as official apps to steal money or data. The company said that these badges currently cover more […]
1 month left to submit nominations for Startup Battlefield 200
Here’s your shot across the bow — there’s a little over one month left to nominate your startup for Startup Battlefield 200 at Disrupt. Join this elite group for a new and awesome opportunity at TechCrunch Disrupt. It’s positively packed with perks and possibilities to get your company to the next level. Don’t delay: Apply to […]
Spotify quietly moves lyrics behind a paywall
Following various reports citing frustrated posts from users on Reddit, Spotify is quietly confirming the change.