The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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With both Vice President J.D. Vance and U.S. Defense Secretary Pete Hegseth making loud noises Friday about Europe stepping up to the plate in spending more on its own defense, it might come as a surprise that Europe is already on the path toward far greater investment in defense, especially in tech. Not only has […]
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Elon Musk’s AI company, xAI, is said to be in talks to raise $10 billion in a round that would value xAI at $75 billion. Bloomberg reported Friday that xAI is canvassing existing investors, including Sequoia Capital, Andreessen Horowitz, and Valor Equity Partners for the round, which would bring xAI’s total raised to $22.4 billion, […]
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Meta is forming a new team within its Reality Labs hardware division to build robots that can assist with physical tasks, Bloomberg reported. The team will be responsible for developing humanoid robotics hardware, potentially including hardware that can perform household chores. Meta’s new robotics group, which will be led by Marc Whitten, driverless car startup […]
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