May 2023

Lightmatter’s photonic AI hardware is ready to shine with $154M in new funding

May 31, 2023

Photonic computing startup Lightmatter is taking its big shot at the rapidly growing AI computation market with a hardware-software combo it claims will help the industry level up — and save a lot of electricity to boot. Lightmatter’s chips basically use optical flow to solve computational processes like matrix vector products. This math is at […]

Lightmatter’s photonic AI hardware is ready to shine with $154M in new funding by Devin Coldewey originally published on TechCrunch

Amazon settles with FTC for $25M after ‘flouting’ kids’ privacy and deletion requests

May 31, 2023

Amazon will pay the FTC a $25 million penalty as well as “overhaul its deletion practices and implement stringent privacy safeguards” to avoid charges of violating the Children’s Online Privacy Protection Act to spruce up its AI. Amazon’s voice interface Alexa has been in use in homes across the globe for years, and any parent […]

Amazon settles with FTC for $25M after ‘flouting’ kids’ privacy and deletion requests by Devin Coldewey originally published on TechCrunch

Toyota adds $2.1B to its US battery factory expansion plans

May 31, 2023

Toyota will spend an additional $2.1 billion to build a new battery plant in North Carolina, the latest sign that the automaker is attempting to catch up with an industry that has embraced the move to electric vehicles. The Japanese automaker also announced Wednesday it will build its first U.S.-made electric SUV at its Kentucky […]

Toyota adds $2.1B to its US battery factory expansion plans by Rebecca Bellan originally published on TechCrunch

Popular Reddit app Apollo may go out of business over Reddit’s new, unaffordable API pricing

May 31, 2023

The maker of Apollo, one of the most popular third-party mobile apps for browsing Reddit, may have to close up shop due to Reddit’s recently announced new API pricing terms. App developer Christian Selig shared today that Reddit’s API pricing appears to be bad news for the future of third-party Reddit apps as it would […]

Popular Reddit app Apollo may go out of business over Reddit’s new, unaffordable API pricing by Sarah Perez originally published on TechCrunch