The Trump administration is pushing tech companies to buy $15 billion worth of new power generation capacity, even if they don’t need it. Auctioning Off the Future: The White House’s Power Play The goal is to alleviate rising electricity prices, with the White House wanting grid operator PJM to hold an auction for new generating…
The Trump administration has issued a bold proposal, asking tech companies to cough up $15 billion for new power generation capacity, in a bid to alleviate rising electricity prices. The PJM Auction: A $15 Billion Power Play PJM, a grid operator, is holding an auction for new generating capacity, and tech companies are being asked…
The AI healthcare gold rush is here, with OpenAI buying Torch for a reported $100 million, Anthropic launching Claude for healthcare, and Sam Altman-backed MergeLabs closing a $250 million seed round at an $850 million valuation. It’s a stampede of AI companies clustering around healthcare, but concerns about hallucination risks, inaccurate medical information, and massive…
As OpenAI and Anthropic make their play for healthcare, we’re not surprised. Healthcare’s AI Springboard In a span of just one week, OpenAI acquired a health startup, Anthropic launched Claude for Health, and Sam Altman-backed Merge Labs closed a $250 million seed round at an $850 million valuation. This influx of capital and innovative products…
As Italy’s Autorita Garante della Concorrenza E Del Mercato (AGCM) launches a probe into Microsoft’s Activision Blizzard for allegedly misleading and aggressive sales practices, the tech world is left wondering what could have triggered such a strong response. Pushing the Envelope: Activision Blizzard’s In-Game Purchase Tactics Under Fire The AGCM’s investigation focuses on the company’s…
Anthropic’s AI ambitions in India just got a major boost with the appointment of Irina Ghose, the former Microsoft India MD, to lead its Bengaluru expansion. Ghose Brings 24 Years of Big-Tech Experience to Anthropic’s India Venture With a career spanning over two decades in the tech industry, Ghose’s expertise will be instrumental in driving…
The robots are coming, and they’re about to get a whole lot smarter. 1X, the robotics company behind the Neo humanoid robot, has just dropped a game-changing AI model called the 1X World Model. This isn’t just any AI model – it’s a physics-based model that understands the dynamics of the real world, and it’s…
News Corp’s bold bet on AI-powered journalism efficiency has sparked a seismic shift in the media landscape, as the company joins the ranks of pioneers leveraging artificial intelligence to streamline production and boost output. Revolutionizing Journalism with AI In a move that’s sending shockwaves through the industry, News Corp has partnered with a cutting-edge AI…
Weird Robots at CES: A Look at the Most Memorable Ones The Consumer Electronics Show (CES) is always a hotbed of innovation, and this year was no exception. Among the sea of gadgets and gizmos, a few robots really stood out for their sheer weirdness. From humanoid robots that can box to dancing robots that…
The US is doubling down on Taiwan’s high-tech industries, with a significant investment aimed at bolstering the island nation’s semiconductor, defense, AI, telecommunications, and biotech sectors. This move is a clear signal that Washington is willing to take bold steps to strengthen its strategic alliance with Taipei and counterbalance China’s growing economic and technological might….
