Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so many from Luminar that Tesla is now the lidar-maker’s top customer. Tesla accounted for “more than 10%” of Luminar’s revenue in the first quarter of 2024, or a little more than $2 million, the […]
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U.S. realty trust giant Brandywine Realty Trust has confirmed a cyberattack that resulted in the theft of data from its network. In a filing with regulators on Tuesday, the Philadelphia-based Brandywine described the cybersecurity incident as unauthorized access and the “deployment of encryption” on its internal corporate IT systems, consistent with a ransomware attack. Brandywine […]
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Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The EV-maker brought in $1.2 billion in revenue in the period, coming in just under its record haul from the prior quarter, the company announced Tuesday. The Q1 revenue figure […]
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Meta claims that it has strong guardrails in place to prevent its system from generating inappropriate ad content or low-quality images.
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On April 29, Senators Jon Ossoff (D-GA) and Marsha Blackburn (R-SC) proposed a bipartisan bill to protect children from online sexual exploitation. President Biden officially signed the REPORT Act into law on Tuesday. This marks the first time that websites and social media platforms are legally obligated to report crimes related to federal trafficking, grooming, […]
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The pandemic ushered in an e-bike boom. But like so many other pandemic trends, that boom didn’t last. The last year has seen e-bike startups VanMoof and Cake file for bankruptcy amid a backdrop of micromobility doom and gloom. Tier and Dott merged. Superpedestrian closed up shop. Bird also had to go through a restructuring. […]
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Robert Kahn has been a consistent presence on the Internet since its creation — obviously, since he was its co-creator. But like many tech pioneers his resumé is longer than that and in fact his work prefigured such ostensibly modern ideas as AI agents and blockchain. TechCrunch chatted with Kahn about how, really, nothing has […]
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Amazon is launching a new tool, Bedrock Studio, designed to let organizations experiment with generative AI models, collaborate on those models, and ultimately build generative AI-powered apps. Available in public preview starting today, the web-based Bedrock Studio — a part of Bedrock, Amazon’s generative AI tooling and hosting platform — provides what Amazon describes in […]
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