Technology
If you’ve been following the billionaire exodus from California with some confusion, here’s what’s actually driving the nervousness: it’s not the 5% rate. As highlighted Friday in the New York Post, the proposed wealth tax would hit founders on their voting shares rather than the actual equity they own. Take Larry Page, who about 3%…
In October, at a tech conference in Italy, Amazon and Blue Origin founder Jeff Bezos predicted that millions of people will be living in space “in the next couple of decades” and “mostly,” he’d said, “because they want to,” because robots will be more cost-effective than humans for doing the actual work in space. No…
The Trump administration suffered a series of legal setbacks this week after judges allowed work to restart on several offshore wind farms under construction on the East Coast. The Department of the Interior had ordered a stop to five projects totaling 6 gigawatts of generating capacity in December, citing national security concerns. The judicial orders…
Elon Musk wants a jaw-dropping $79 billion to $134 billion in damages from OpenAI and Microsoft, claiming the AI company defrauded him by jettisoning its nonprofit mission, Bloomberg first reported. The figure comes from expert witness C. Paul Wazzan, a financial economist whose bio says he has been deposed nearly 100 times and testified at…
Earlier this week, the California attorney general’s office announced that it was investigating xAI over reports that the startup’s chatbot, Grok, was being used to create nonconsensual sexual imagery of women and minors. On Friday, the government followed up by sending a cease-and-desist letter to the company, demanding that it take immediate action to stop…
Runpod, an AI app hosting platform that launched four years ago, has hit a $120 million annual revenue run rate, founders Zhen Lu and Pardeep Singh tell TechCrunch. Their startup journey is a wild example of how if you build it well and the timing is lucky, they will definitely come. The story includes bootstrapping…
A hacker posted the personal data of several of his hacking victims on his Instagram account named @ihackthegovernment, according to a court document. Last week, Nicholas Moore, 24, a resident of Springfield, Tennessee, pleaded guilty to repeatedly hacking into the U.S. Supreme Court’s electronic document filing system. At the time, there were no details about…
It took Rebecca Yu seven days to vibe code her dining app. She was tired of the decision fatigue that comes from people in a group chat not being able to decide where to eat. Armed with determination, Claude, and ChatGPT, Yu decided to just build a dining app from scratch — one that would…
Anthropic has appointed Irina Ghose, a former Microsoft India managing director, to lead its India business as the U.S. AI startup prepares to open an office in Bengaluru. The move underscores how India is becoming a key battleground for AI companies looking to expand beyond the U.S. for major growth markets. Ghose brings deep big-tech…
Newsrooms have been experimenting with AI for several years now but, for the most part, those efforts have been just that: experiments. A relatively unknown startup, Symbolic.ai, wants to change that, and it just signed a major deal with News Corp, the media conglomerate owned by Rupert Murdoch. News Corp, the major assets of which…
