India has been one of the top recipients of remittances in the world for more than a decade. Inward remittances jumped from $55.6 billion in 2010-11 to $118.7 billion in 2023-24, according to data from the country’s central bank. The bank projects that figure will reach $160 billion in 2029. This means there is an […]
President Donald Trump signed an executive order directing the Federal Aviation Administration to lift the 52-year ban on supersonic flight over U.S. soil.
AI startups are reaching growth stage much faster. That’s exciting, but also risky, because investors might pour millions into a company only to watch it be unseated in a few months.
Anthropic’s long-term benefit trust is a governance mechanism that Anthropic claims helps it promote safety over profit, and which has the power to elect some of the company’s board of directors.
Early-stage AI startups are imbuing new life into San Francisco’s Northern Waterfront, after years of “for lease” signs dotting the post-pandemic landscape. According to the San Francisco Business Times, five AI-focused companies — four backed by Y Combinator — recently leased 23,900 square feet at the Waterfront Plaza complex. This is part of a citywide […]
The head of Tesla’s Optimus humanoid robot program, Milan Kovac, is leaving the company according to Bloomberg News. The departure comes as Tesla CEO Elon Musk has claimed the company will have “thousands” of Optimus robots operating in its factories by the end of this year. “And we expect to scale Optimus up faster than […]