Theranos was worth $10 billion ten years ago. Wire fraud indicted her five years ago. Holmes began her 11-year-and-3-month sentence today. A defendant is usually convicted and imprisoned soon after indictment. Holmes’ legal team has played every card to delay her fall, which was once hailed as the next Steve …
Read More »Meta’s bespoke chips and supercomputer bet on AI
Meta revealed its in-house infrastructure for AI workloads, including generative AI like that used in its recently unveiled ad design and creation tools, at a virtual event this morning. Meta tried to show its superiority by adopting AI-friendly hardware systems, which has slowed its progress compared to Google and Microsoft. …
Read More »Virgin Galactic plans a May crewed flight
Virgin Galactic hopes to resume crewed flights later this month, nearly two years after its first and only flight in July 2021. The space tourism company announced Monday that it will launch four people in late May. The mission validates the spaceflight system and “astronaut experience” before commercial service begins …
Read More »Zoom announces Claude chatbot partnership with Anthropic
Zoom is considering LLM partnerships as generative AI has taken center stage. The company announced a partnership with Anthropic to use its Claude chatbot on Zoom Contact Center today. In March, Zoom announced a partnership with OpenAI to add more generative AI functionality to its products. After two decades of …
Read More »Sanctuary AI’s new 5’7″ humanoid robot lifts 55 lb
Since Tesla announced its intention to build one in the summer of 2021, humanoid robots have been emerging. Sanctuary Cognitive Systems Corporate (or Sanctuary AI) just reached a major milestone. Phoenix, a form factor from Vancouver, British Columbia, was unveiled. The 5’7′′, 155-pound bipedal robot aims to augment (or replace) …
Read More »This UK startup wants to revolutionize COPD measurement
In 1846, London surgeon John Hutchinson invented the spirometer, which doctors ask asthmatics to blow hard into to measure lung volume. Simple concept. Despite that, technology has barely changed. Modern spirometers don’t measure CO2 expelled by the lungs, a crucial COPD indicator. A Cambridge, UK, startup has developed a revolutionary …
Read More »GDPR fine for MWC’s biometric ID checks due diligence
European conferences and other in-person events are rushing to use facial recognition without considering data protection risks. beware: Spain’s data protection watchdog fined Mobile World Congress (MWC) organizers €200,000 ($224k) for violating privacy rules at the 2021 show in Barcelona. The Agencia Espaola de Protección de Datos (AEPD) found MWC …
Read More »Cash App founder and Square CTO Bob Lee was stabbed to death
San Francisco’s MobileCoin CPO Robert Lee was stabbed to death. Around 2:35 a.m. Tuesday, the San Francisco Police Department responded to a stabbing along the 300 block of Main Street in SoMa. He died in the hospital. NBC Bay Area later reported that 43-year-old Robert Lee was stabbed. MobileCoin told …
Read More »MindGeek, the owner of Pornhub, sold to a private equity firm
Many adult entertainment websites owned by MindGeek, including Pornhub, Brazzers, and Redtube, were purchased by a Canadian private equity company, Ethical Capital Partners (ECP). The deal’s specifics were kept under wraps by ECP, which was only founded last year. With ECP’s resources and extensive expertise spanning regulatory, law enforcement, public …
Read More »Geniee of Japan purchases Zelto, an AdPushup operator, for $70 million
According to a person with knowledge of the situation, the Japanese marketing technology company Geniee, a member of the SoftBank Group, paid about $70 million in cash to acquire the revenue optimization platform Zelto (previously known as AdPushup), providing investors in the startup that started out in India with a …
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