Tech
AI Summary
- SpaceX's monumental IPO has officially made Elon Musk the world's first trillionaire, with the company's shares surging 19% on debut and driving record-breaking traffic on platforms like Robinhood.
- Google has filed a lawsuit against a sophisticated Chinese cybercrime operation that leveraged AI, including Google's own Gemini, to defraud hundreds of thousands of victims globally.
- AI continues its rapid integration into various sectors, with Jeff Bezos's Prometheus raising $12B for an 'artificial general engineer' and Avataar developing culturally aware video AI for the Indian market.
- The tech landscape is seeing significant funding rounds for AI startups, with Mistral reportedly seeking €3B at a €20B valuation and Equal AI raising $30M for call screening technology.
- Amidst these developments, critical legislative discussions are underway, including the lapse of a US surveillance law and ongoing debates about copyright reform and government censorship.
Sources
TechCrunch
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Chinese cybercrime operation that used AI to scam ‘hundreds of thousands of victims’ sued by Google
3 hours ago
by Lorenzo Franceschi-Bicchierai
AI, Security, Android, cybercrime, cybersecurity, Google, In Brief, scamsThe tech giant said a group called "Outsider Enterprise" used AI to scam hundreds of thousands of victims, sending 2.5 million text messages over a span of two weeks.
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SpaceX IPO closes up 19% and delivers the world’s first trillionaire
3 hours ago
by Marina Temkin, Sean O'Kane
Space, Transportation, Elon Musk, IPO, SpaceX, spacex ipoThe company made its heavily anticipated debut on Friday, trading higher than its initial $135 IPO price.
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SpaceX IPO: Live updates on everything you need to know
3 hours ago
by Kirsten Korosec, Russell Brandom
AI, Space, Transportation, Elon Musk, IPO, SpaceX, spacex ipoTechCrunch has followed SpaceX's start, struggles, and successes from the early days. And we're here for what happens next too. This package of SpaceX IPO coverage includes who stands to win (and maybe some who won't), pre-IPO deals, and what's tucked inside its S-1 registration document.
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SpaceX president Gwynne Shotwell just gave another hint at a Tesla merger
4 hours ago
by Kirsten Korosec
Space, Transportation, Elon Musk, Gwynne Shotwell, In Brief, SpaceXA SpaceX-Tesla merger seems inevitable.
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Mistral is rumored to be raising €3B at €20B valuation
6 hours ago
by Ram Iyer
AI, Fundraising, In Brief, Mistral AIThe funding round would value the company at around €20 billion (about $23.15 billion), nearly double its Series C valuation of €11.7 billion.
Hacker News
- CRISPR tech selectively shreds cancer cells, including "undruggable" cancers 8 hours ago
- Swift at Apple: Migrating the TrueType hinting interpreter 4 hours ago
- How to setup a local coding agent on macOS 6 hours ago
- Malware developers added nuclear and biological weapons text to to their spyware a day ago
- Pirates, a naval warfare game inspired by Sid Meier's Pirates 6 hours ago
Engadget
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The SpaceX IPO broke Robinhood for some people
4 hours ago
by Karissa Bell
NewsSome Robinhood users looking to cash in on the SpaceX IPO were met with technical issues.
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DJI and Insta360 are in a patent battle over vlogging cameras
4 hours ago
by Ian Carlos Campbell
NewsDJI and Insta360 are suing and counter-suing each other over their respective vlogging cameras.
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Congress lets decades-old spying law lapse amid Trump's controversial DNI nomination
5 hours ago
by Lawrence Bonk
CybersecurityCongress, afraid of empowering Bill Pulte, has allowed a decades-old spying law to lapse.
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Predictably, Sam Bankman-Fried's fraud conviction appeal has been denied
7 hours ago
by Lawrence Bonk
NewsThree judges denied Sam Bankman-Fried's fraud conviction appeal. Is anyone the least but surprised.
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Facebook and Instagram appear to be down
9 hours ago
by Matt Tate
MetaFacebook, WhatsApp and Instagram appear to be down for many users this morning.
The Verge
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Nothing CEO says phone prices are going to keep going up
4 hours ago
by Stevie Bonifield
Gadgets, News, Phones, TechNothing Phone 4A Pro | Photo: Dominic Preston / The Verge If you're thinking about upgrading your phone, "the best time was yesterday," according to Nothing CEO and co-founder Carl Pei, echoing a message we heard during MWC . As Android Authority reports, Pei said in a post on X that the RAM shortage has already impacted Nothing's less expensive mid-range phone : "For Phone 4A , memory costs doubled between when we decided to build the device and when it launched. They've doubled again since." He warned that "Phone prices are going up, and they'll keep going up into
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The world’s first trillionaire is a killer
5 hours ago
by TC. Sottek
Elon Musk, TechHm! | Photo: Kristen Radtke / The Verge; Getty Images Elon Musk's SpaceX IPO will probably make him the richest person to ever walk the planet . And while his mountain of horrible personal conduct could fill multiple books, one fact in particular stands out: A year ago, Musk's actions directly led to the deaths of hundreds of thousands of people. He did it knowingly. And, worse - gleefully. This is not a serious person , but his abuse of the world is deadly serious. In the first months of President Donald Trump's second term, the Musk-led Department of Government
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Siri is good now??
6 hours ago
by David Pierce
AI, Apple, Apple Event, Podcasts, Tech, VergecastYou'd be forgiven for thinking this day would never come. Siri has spent a decade and half somewhere between "sort of useful at a few things" and "utterly disastrous, why did I even try, can it honestly not even set a timer." But the wildest thing just happened: Apple put out a new version of Siri , and it actually seems to be pretty good . On this episode of The Vergecast , David and Nilay talk about their early experiences with Siri AI, and what it means for users, and the rest of the AI industry, for the iPhone's
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A trillion dollars is a stupid amount of money
7 hours ago
by Jess Weatherbed
Elon Musk, News, Science, Space, SpaceX, TechElon Musk is now officially the world's first trillionaire . That is a colossal amount of wealth (and by proxy, power) for one individual to have. Its scale - a thousand times more than a billion - is difficult to fathom for those of us who aren't among the 3,363 billionaires that currently exist in our world. But let's try to comprehend it anyway. The most frequently cited comparison is time. If you were to count out a million seconds, it would take you 11 and a half days. A billion seconds would take you 31.7 years. But a trillion
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Elon Musk is the world’s first trillionaire
7 hours ago
by Stevie Bonifield
AI, Business, News, Science, Space, SpaceX, xAIElon Musk's net worth has passed the trillion-dollar mark after SpaceX's IPO . His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla. Shares of SPCX opened at $150 and have remained well above the $138 benchmark that gives Musk a 13-figure net worth. SpaceX combined Musk's rocket, AI, and social media platforms earlier this year, and said in its S-1 that its goal is to "build the systems and technologies necessary to make life multiplanetary, to understand
Wired
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‘Tell Him He’s a Piece of Shit’: Meta’s New AI Unit Is a Total Mess
2 hours ago
by Paresh Dave, Zoë Schiffer
Business, Business / Artificial Intelligence, Social, MeltdownExecutives and employees alike are struggling with Meta’s chaotic AI strategy, according to sources and internal discussions reviewed by WIRED.
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Donald Trump’s White House UFC Event Would Be Embarrassing Anywhere
5 hours ago
by Tim Marchman
Culture, Culture / Digital Culture, Low, BlowsA Monster Energy–sponsored MMA show on the White House’s South Lawn was never going to be the height of dignity. But UFC Freedom 250 is failing to clear even the lowest bar.
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Chinese Drivers Are Using Tiny Plastic Heads to Fool Tesla’s Autopilot Safeguards
6 hours ago
by Zeyi Yang
Business, Made, in, ChinaA cottage industry of celebrity figurines, blinking screens, and other DIY gadgets is helping drivers bypass Tesla's distracted-driving controls.
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Elon Musk Is the World’s First Trillionaire
6 hours ago
by Paresh Dave
Business, Business / Tech Culture, Four-Comma, ClubSpaceX’s stock market debut has thrust the richest man in the universe into an unexplored frontier of wealth.
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China Didn’t Make Americans Hate Data Centers
6 hours ago
by Molly Taft
Politics, Politics / Disinformation, Astroturf, TalkGOP lawmakers, tech investors, and even OpenAI have tied the anti-data-center movement in the US to Chinese interference. Experts say it’s much more complicated than that.