SEC sues Elon Musk for allegedly failing to disclose Twitter acquisition on time

January 15, 2025

The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation relating to his acquisition of Twitter, now called X. The SEC claims Musk failed to disclose his 5% ownership stake of Twitter in a timely manner, violating federal securities law, according to a complaint filed in federal […]

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Nvidia backs MetAI, a Taiwanese startup that creates AI-powered digital twins

January 15, 2025

Nvidia has been doubling down on the opportunity to build robotics and other industrial AI applications, with the launch of its Omniverse platform, and most recently Mega, an Omniverse Blueprint framework to create digital twins to operate these applications. It’s also investing in digital twin startups to get the effort off the ground. Taiwan’s MetAI […]

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Biden admin’s final rule banning Chinese connected cars also bars robotaxi testing on U.S. roads

January 14, 2025

The U.S. Department of Commerce announced a final rule Tuesday that would ban the sale or import of connected vehicles from China and Russia due to national security concerns. The rule would also bar Chinese car companies, such as WeRide and Pony AI, from testing self-driving cars on U.S. roads.  “China is trying to dominate […]

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Nintendo Switch 2 could be announced this week: The rumors (and facts) so far

January 14, 2025

With CES 2025 finally in the rearview, it’s time to move on to the next round of big hardware announcements. Rumors have emerged over the last few weeks, pointing to an imminent announcement for the next-generation of Nintendo’s wildly successful hybrid Switch console. In particular, word from industry stalwart Eurogamer (among others) pegs a January […]

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Intel spins off its corporate venture arm, Intel Capital, into a standalone fund

January 14, 2025

Intel says that it plans to spin off its corporate venture arm, Intel Capital, into a standalone fund, with Intel as an “anchor investor.” In a press release on Tuesday, Intel said that the move will “[enable] greater autonomy” and “the flexibility to attract external capital.” “The separation of Intel Capital is a win-win scenario […]

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Meta execs obsessed over beating OpenAI’s GPT-4 internally, court filings reveal

January 14, 2025

Executives and researchers leading Meta’s AI efforts obsessed over beating OpenAI’s GPT-4 model while developing Llama 3, according to internal messages unsealed by a court on Tuesday in one of the company’s ongoing AI copyright cases, Kadrey v. Meta. “Honestly… Our goal needs to be GPT-4,” said Meta’s VP of Generative AI, Ahmad Al-Dahle, in […]

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