Perplexity acquires the team behind Sequioa-backed AI design startup Visual Electric
Perplexity has acquired Visual Electric, an AI Design tool. Its team is going to lead a new agents experience group at Perplexity
The US is set to cancel funding for two major direct-air capture plants
The Department of Energy appears poised to terminate funding for a pair of large carbon sucking factories that were originally set to receive more than $1 billion in government grants, according to a department issued list of projects obtained by MIT Technology Review and circulating among federal agencies. The projects include the South Texas Direct…
India cracks down on 25 crypto exchanges including BingX, LBank, CoinW over compliance failures
Of the 25 offshore crypto exchanges targeted by India, 14 hold more than $9 billion in assets.
Tesla has its best sales quarter ever as EV tax credit expires
The tax credit’s expiration on September 30 motivated buyers to take advantage of the $7,500 incentive, giving Tesla a shot to return to sales growth in 2025.
The Download: RIP EV tax credits, and OpenAI’s new valuation
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. EV tax credits are dead in the US. Now what? Federal EV tax credits in the US officially came to an end yesterday. Those credits, expanded and extended in the 2022 Inflation Reduction…
I Went to Space Camp For a Weekend and Learned These Surprising Things About Leadership
A middle-school history teacher set out to restore her sense of childhood wonder at Adult Space Camp but learned some unexpected leadership lessons along the journey that any founder can use.
Oneleet raises $33M to shake up the world of security compliance
Founder Bryan Onel says too many companies are doing the bare minimum to meet their security compliance obligations, and raised $33 million to help his customers get both compliant and secure.
EV tax credits are dead in the US. Now what?
On Wednesday, federal EV tax credits in the US officially came to an end. Those credits, expanded and extended in the 2022 Inflation Reduction Act, gave drivers up to $7,500 in credits toward the purchase of a new electric vehicle. They’ve been a major force in cutting the up-front costs of EVs, pushing more people…
Turning migration into modernization
In late 2023, a long-trusted virtualization staple became the biggest open question on the enterprise IT roadmap. Amid concerns of VMware licensing changes and steeper support costs, analysts noticed an exodus mentality. Forrester predicted that one in five large VMware customers would begin moving away from the platform in 2024. A subsequent Gartner community poll…
Visa crackdowns are blocking students’ study-abroad dreams, so India’s Leverage Edu is rerouting them
Leverage Edu places over 10,000 students annually into universities across 11 countries.
Instagram head says company is not using your microphone to listen to you. (With AI data, it won’t need to.)
Instagram leader Adam Mosseri says the company is not secretly listening to your conversations. At least, not through the microphone.