After meeting with Prime Minister Narendra Modi this week, Amazon said it would more than double its investment in India over the next seven years. Amazon CEO Andy Jassy said Friday that the company has invested $11 billion in India and plans to invest $15 billion more by 2030. Most …
Read More »Lucid helps Aston Martin develop electric cars
The luxury all-electric Air sedan maker Lucid Group will supply Aston Martin with powertrain components for future electric vehicles, the companies announced Monday. The iconic British luxury automaker plans to launch an EV in 2025. Lucid can now supply and diversify its revenue streams with the agreement. Lucid has missed …
Read More »Rocket Lab doubles marine booster recovery with next Electron launch
Rocket Lab’s next Electron mission will attempt marine booster recovery, the latest step in its reusability program. “Baby Come Back” will launch from Rocket Lab’s Launch Complex 1 on New Zealand’s Mahia Peninsula. Launch begins July 14. The Electron rocket will launch four NASA CubeSats, two Spire Global radio frequency …
Read More »Apple restarts talks for Apple Pay launch in India
According to two sources, Apple has been in talks with NPCI to launch Apple Pay in South Asia, hoping to compete with Walmart’s PhonePe, Google’s GPay, and Paytm. People familiar with the matter said Apple is working on a localized version of Apple Pay that works with UPI, a popular …
Read More »Inflection’s foundation AI model competes with Google and OpenAI LLMs
Inflection, a well-funded AI startup aiming to create “personal AI for everyone,” revealed the large language model powering its Pi conversational agent. Competition is good, but it’s hard to objectively and systematically assess these things’ quality. As measured by computing power used to train them, Inflection-1 is roughly GPT-3.5 (AKA …
Read More »The “Secret Invasion” title credits aren’t ethical AI art, so what is?
This question is serious. How can generative AI be used ethically in a major public work of art? Marvel Studios’ use of AI to create “Secret Invasion”‘s title sequence raises this issue. AI-generated art—in this climate? By a billionaire-funded company? Unacceptable! This is not a secret AI invasion. Some were …
Read More »TikTok’s e-commerce initiative targets Amazon and Shein
TikTok is testing a new in-app “Trendy Beat” shopping section that sells ByteDance products. The U.K. is testing the Financial Times-reported feature. Trending videos feature ear wax removal tools in the shopping section. On Thursday, the company told that the new e-commerce initiative is not being tested in the U.S., …
Read More »Musk plans Tesla and Starlink India debut after meeting PM Modi
Tesla CEO Elon Musk says the company wants to invest in India and bring the electric carmaker there “as soon as humanly possible.” Musk hopes to “announce something in the not too distant future” with Indian Prime Minister Narendra Modi after a “very good” conversation on Tuesday. Tesla and New …
Read More »Instagram now allows public Reels downloads
Instagram now lets users download Reels from others to share outside the app. TikTok, a rival short video app, has had this feature for years and gained popularity by having users watch videos with its watermark outside the platform. Adam Mosseri announced on Tuesday that U.S. users can download Reels …
Read More »Roblox encourages mature 17+ experiences
Roblox is growing up with its young users. The platform, once associated with kids, announced Tuesday that creators could make mature content for 17-year-olds. Roblox users must submit a government ID and a live selfie to prove their age to create or enjoy those experiences. Roblox, a candy-colored mix of …
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