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 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 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
Ring, the Amazon-owned maker of video surveillance devices, will pay $5.8 million over claims brought by the Federal Trade Commission that Ring employees and contractors had broad and unrestricted access to customers’ videos for years. The settlement was filed in the U.S. District Court for the District of Columbia on Wednesday. The FTC confirmed the […]
Amazon’s Ring to pay $5.8M after staff and contractors caught snooping on customer videos, FTC says by Zack Whittaker originally published on TechCrunch