Tesla receives ride-hailing permit in Arizona in last required step to launch robotaxi service
Tesla has secured a ride-hailing permit in Arizona, marking the final regulatory hurdle for its robotaxi service launch. The automaker applied for the Transportation Network Company permit on November...
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Hugging Face CEO says we’re in an ‘LLM bubble,’ not an AI bubble
Hugging Face CEO Clem Delangue warns about an ‘LLM bubble’ rather than an AI bubble, suggesting large language models may face a crash soon. He argues that LLMs are...
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AI data center provider Lambda raises whopping $1.5B after multibillion-dollar Microsoft deal
AI data center company Lambda secured $1.5 billion in funding led by TWG Global, a new $40 billion investment firm. The deal comes after Lambda finalized a multibillion-dollar agreement...
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Meta wins antitrust trial as judge denies that it’s a monopoly
Meta successfully defended itself in a U.S. antitrust trial against the FTC, with a federal judge rejecting claims of monopolistic practices. The court ruled the FTC failed to prove...
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Monarch Tractor sued over tractors that were ‘unable to operate autonomously’
Monarch Tractor faces a lawsuit from Burks Tractor, an Idaho dealership, alleging the company misrepresented its autonomous tractor capabilities. The dealership claims the 10 purchased tractors failed to operate...
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Toyota keeps betting on hybrid vehicles in the US
Toyota announced a $912 million investment to boost hybrid vehicle production in U.S. factories, aligning with its $10 billion plan for American operations. The move addresses market demands amid...
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Poe’s AI app now supports group chats across AI models
Poe, Quora’s AI platform, is introducing group chat functionality to enable collaborative interactions across multiple AI models. The feature allows up to 200 users to engage in real-time conversations...
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‘Our funds are 20 years old’: Limited partners confront VCs’ liquidity crisis
Limited partners (LPs) investing in venture capital (VC) firms are navigating a liquidity crisis as funds now outlive traditional expectations, creating challenges for institutional investors. The panel highlighted that...
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