Reliance Industries, run by India’s richest man Mukesh Ambani, is gearing up to deploy a winning strategy from its past playbook for the fashion market: low-cost products. Ajio, Reliance’s retail fashion arm, has quietly launched Ajio Street. The platform boasts a vast selection of clothing and accessories, starting from a price point as low as […]
Ambani’s Reliance targets Indian fashion e-commerce with low-cost model by Manish Singh originally published on TechCrunch
Ford has reached an agreement with rival Tesla that will give owners of Ford’s EVs access to more than 12,000 Superchargers across the U.S. and Canada. The deal was announced during a Twitter Spaces between Tesla and Twitter CEO Elon Musk and Ford CEO Jim Farley. However, this agreement reaches far beyond providing access to […]
Ford to bring Tesla’s charging tech into its future EVs by Kirsten Korosec originally published on TechCrunch
Embark Trucks, the autonomous trucking company that recently cut 70% of its workforce, is being acquired by Applied Intuition, a simulation and software provider for autonomous vehicle development. The all-cash transaction has an equity value of about $71 million, according to the companies. Embark went public in 2021 via a merger with a special purpose […]
Applied Intuition to buy autonomous trucking SPAC Embark for $71M by Rebecca Bellan originally published on TechCrunch
OpenAI says it’s launching a program to award ten $100,000 grants to fund experiments in setting up a democratic process for deciding what rules AI systems should follow — “within the bounds defined by the law.” Concretely, OpenAI says it’s seeking to fund individuals, teams and organizations to develop proof-of-concepts for a “democratic process” that […]
When new grant program, OpenAI aims to crowdsources AI regulation by Kyle Wiggers originally published on TechCrunch
Got coin? No? Well, Worldcoin did. Tools for Humanity, the team building Worldcoin, raised $115 million in a Series C round led by Blockchain Capital.
Sam Altman’s crypto project Worldcoin got more coin in latest $115M raise by Jacquelyn Melinek originally published on TechCrunch
A number of native Detroiters have asked me what I think about their city so far. The simple answer is that I don’t feel qualified to offer much insight yet. I’ve been here for roughly three days as I write this, and I haven’t seen all that much of the city. Ask me what I […]
Motor City mechatronics by Brian Heater originally published on TechCrunch
Despite being U.S.- and iOS-only ahead of today’s expansion to 11 more global markets, OpenAI’s ChatGPT app has been off to a stellar start. The app has already surpassed half a million downloads in its first six days since launch, according to a new analysis by app intelligence provider data.ai. That ranks it as one […]
ChatGPT’s new app comes out of the gate hot, tops half a million installs in first 6 days by Sarah Perez originally published on TechCrunch
Security researchers have discovered new industrial control system malware, dubbed “CosmicEnergy,” which they say could be used to disrupt critical infrastructure systems and electric grids. The malware was uncovered by researchers at Mandiant, who have likened CosmicEnergy’s capabilities to the destructive Industroyer malware that the Russian state-backed “Sandworm” hacking group used to cut power in […]
Researchers uncover Russia-linked malware that could immobilize electric grids by Carly Page originally published on TechCrunch