Category: Uncategorized

The CEO of Canoo is buying nearly all of the defunct EV startup’s assets out of bankruptcy, according to a court filing. A new entity controlled by the CEO, Anthony Aquila, has offered to purchase “substantially all” of the assets for $4 million in cash. The sale will also wipe clean a more-than-$11 million debt… Read more

In a policy paper published Wednesday, former Google CEO Eric Schmidt, Scale AI CEO Alexandr Wang, and Center for AI Safety Director Dan Hendrycks said that the U.S. should not pursue a Manhattan Project-style push to develop AI systems with “superhuman” intelligence, also known as AGI. The paper, titled “Superintelligence Strategy,” asserts that an aggressive… Read more

President Donald Trump has delayed tariffs on automobile imports from Canada and Mexico for one month after requests from executives at the Big Three automakers — General Motors, Ford, and Stellantis — according to Politico. The reprieve comes less than two days after Trump issued 25% tariffs on all goods from the U.S.’s neighbors, which… Read more

Volkswagen’s ultra-cheap EV called the ID EVERY1 — a small four-door hatchback revealed Wednesday — will be the first to roll out with software and architecture from Rivian, according to a source familiar with the new model. The EV is expected to go into production in 2027 with a starting price of 20,000 euros ($21,500).… Read more

Gong, a startup that helps companies predict their revenue from potential sales, has surpassed $300 million in annualized recurring revenue, the company announced on Wednesday. Since its founding in 2016, Gong has used AI to analyze customer interactions. The addition of generative AI capabilities in recent years has helped to fuel the company’s growth. “We’re… Read more

Prime Video is now experimenting with AI-assisted dubbing for select licensed movies and TV shows, as announced by the Amazon-owned streaming service on Wednesday. According to Prime Video, this new test will feature AI-assisted dubbing services in English and Latin American Spanish, combining AI with human localization professionals to “ensure quality control,” the company explained.  … Read more

The ruling said that a lower court can charge two NSO Group co-founders and a former executive of two affiliate companies for the alleged hacking of a lawyer. © 2024 TechCrunch. All rights reserved. For personal use only. Read more

OpenAI may be planning to charge up to $20,000 per month for specialized AI “agents,” according to The Information. The publication reports that OpenAI intends to launch several “agent” products tailored for different applications, including sorting and ranking sales leads and software engineering. One, a “high-income knowledge worker” agent, will reportedly be priced at $2,000… Read more

Ataraxis AI has raised a $20.4 million Series A to make cancer treatment more personalized. © 2024 TechCrunch. All rights reserved. For personal use only. Read more

As part of the iOS 18.4 software update, currently in public beta, Apple is introducing AI-powered summaries of App Store reviews. The new feature will leverage Apple Intelligence, the company’s built-in AI technology, to offer an overall summary based on the reviews others have left on the App Store. The review summaries will be generated… Read more