Apple Plans 25% Manufacturing Scale Up In India, Says Piyush Goyal
Information technology minister Ashwini Vaishnaw on Monday tweeted that Apple’s exports from India had hit $1 billion in December
What you may have missed about Trump’s AI Action Plan
A number of the executive orders and announcements coming from the White House since Donald Trump returned to office have painted an ambitious vision for America’s AI future—crushing competition with China, abolishing “woke” AI models that suppress conservative speech, jump-starting power-hungry AI data centers. But the details have been sparse. The White House’s AI Action…
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Pasqal raises $100M to build a neutral atom-based quantum computer
Pasqal, a Paris-based quantum computing startup, today announced that it has raised a $100 million Series B funding round let by Singapore’s Temasek. In addition to Temasek, existing investors Quantonation, the Defense Innovation Fund, Daphni and Eni Next, as well as new investors European Innovation Council (EIC) Fund, Wa’ed Ventures and Bpifrance (through its Large […]
Pasqal raises $100M to build a neutral atom-based quantum computer by Frederic Lardinois originally published on TechCrunch
Lightyear stops production on €250,000 solar-powered EV
Solar-powered electric vehicle maker Lightyear said it’s halting production on its flagship Lightyear 0, its premium EV with a sticker price of €250,000. Despite only starting production on the vehicle three months ago, Lightyear is restructuring to focus on building a more affordable model, the Lightyear 2 for around €40,000, reports Electrek. The news comes […]
Lightyear stops production on €250,000 solar-powered EV by Rebecca Bellan originally published on TechCrunch
Bluedot’s debit card for EV owners offers cheaper charging, cash back
Electric vehicles accounted for nearly 6% of all new cars sold in the U.S. in 2022, an increase from 3.1% the year before, and that number will continue to grow over the coming years. While it’s still a young industry, the ecosystem surrounding EVs — from EV charging and installation to insurance products and parking […]
Bluedot’s debit card for EV owners offers cheaper charging, cash back by Rebecca Bellan originally published on TechCrunch
McKinsey, eyeing the MLOps space, buys Tel Aviv-based Iguazio
The same day Microsoft invested billions in OpenAI, McKinsey snatched up an enterprise-focused AI firm, Iguazio, for a relative steal. The consulting giant reportedly paid around $50 million for Iguazio, a Tel Aviv-based company offering an MLOps platform for large-scale businesses — “MLOps” referring to a set of tools to deploy and maintain machine learning […]
McKinsey, eyeing the MLOps space, buys Tel Aviv-based Iguazio by Kyle Wiggers originally published on TechCrunch
Meta expands its partnership with the NBA to offer 52 games in VR
Meta is expanding its partnership with the NBA and WNBA to offer more than 50 live games in VR on Meta Quest, the company announced on Monday. The Meta Quest is the official headset of the NBA, as the company signed a deal with the league back in 2020. The company will deliver a package […]
Meta expands its partnership with the NBA to offer 52 games in VR by Aisha Malik originally published on TechCrunch
A few pieces of good news on climate change (and a reality check)
When it comes to climate, the picture can look bleak. Emissions of the greenhouse gases that cause climate change reached a new peak in 2022, according to early estimates. And climate disasters seem to be hitting at a breakneck pace. In 2022, the world experienced record heat waves in China and Europe, and devastating floods…
Bling Capital-backed Coverdash unveils its embedded, digital insurance for small businesses
From the Coverdash site, small businesses can get a quote, bind policies together, pay for them and manage them in a matter of seconds.
Bling Capital-backed Coverdash unveils its embedded, digital insurance for small businesses by Christine Hall originally published on TechCrunch
Microsoft invests billions more dollars in OpenAI, extends partnership
Microsoft today announced that it’s extending its partnership with OpenAI. The latter will receive a multi-year, multi-billion-dollar investment from the company — the exact dollar amount wasn’t disclosed — that OpenAI says will be used to continue its independent research and “develop AI that is increasingly safe, useful and powerful.” OpenAI will remain a capped-profit […]
Microsoft invests billions more dollars in OpenAI, extends partnership by Kyle Wiggers originally published on TechCrunch
Germany is looking into PayPal’s terms for merchants
Veteran tech giant PayPal is facing an antitrust investigation in Germany — where the Federal Cartel Office (FCO) has announced it’s looking into its rules on surcharges. The regulator is concerned that restrictions PayPal imposes on merchants could be harming competitors and inflating costs for consumers by restricting price competition. Clauses in PayPal’s terms the […]
Germany is looking into PayPal’s terms for merchants by Natasha Lomas originally published on TechCrunch