The company raised $7.3 billion over the last year, as the lure of artificial intelligence changes Silicon Valley deal-making.
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After years of losing, it’s finally feds’ turn to troll ransomware group
Enlarge (credit: Getty Images) After years of being outmaneuvered by snarky ransomware criminals who tease and brag about each new victim they claim, international authorities finally got their chance to turn the tables, and they aren’t squandering it. The top-notch trolling came after authorities from the US, UK, and Europol took down most of the...
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Will Smith parodies viral AI-generated video by actually eating spaghetti
Enlarge / The real Will Smith eating spaghetti, parodying an AI-generated video from 2023. (credit: Will Smith / Getty Images / Benj Edwards) On Monday, Will Smith posted a video on his official Instagram feed that parodied an AI-generated video of the actor eating spaghetti that went viral last year. With the recent announcement of...
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LockBit ransomware group taken down in multinational operation
Enlarge (credit: Rob Engelaar | Getty Images) Law enforcement agencies including the FBI and the UK’s National Crime Agency have dealt a crippling blow to LockBit, one of the world’s most prolific cybercrime gangs, whose victims include Royal Mail and Boeing. The 11 international agencies behind “Operation Cronos” said on Tuesday that the ransomware group—many...
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Plans to Expand U.S. Chip Manufacturing Are Running Into Obstacles
Delays in finishing new factories are emerging, just as the Biden administration begins handing out money to stoke domestic production.
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U.S. Awards $1.5 Billion to Chipmaker GlobalFoundries
The grant will go toward chips for the auto and defense industries, and is the largest award to date from $39 billion in government funding.
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Reddit sells training data to unnamed AI company ahead of IPO
Enlarge (credit: Reddit) On Friday, Bloomberg reported that Reddit has signed a contract allowing an unnamed AI company to train its models on the site’s content, according to people familiar with the matter. The move comes as the social media platform nears the introduction of its initial public offering (IPO), which could happen as soon...
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New app always points to the supermassive black hole at the center of our galaxy
Enlarge / A photo of Galactic Compass running on an iPhone. (credit: Matt Webb / Getty Images) On Thursday, designer Matt Webb unveiled a new iPhone app called Galactic Compass, which always points to the center of the Milky Way galaxy—no matter where Earth is positioned on our journey through the stars. The app is...
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OpenAI Completes Deal That Values the Company at $80 Billion
The A.I. start-up’s valuation tripled in less than 10 months.
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OpenAI collapses media reality with Sora, a photorealistic AI video generator
Enlarge / Snapshots from three videos generated using OpenAI’s Sora. On Thursday, OpenAI announced Sora, a text-to-video AI model that can generate 60-second-long photorealistic HD video from written descriptions. While it’s only a research preview that we have not tested, it reportedly creates synthetic video (but not audio yet) at a fidelity and consistency greater...