Public – Page 28

Sundar Pichai is ‘very excited’ about Google Cloud’s OpenAI partnership

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The comment came shortly after analysts peppered Pichai and other Google executives with questions about how AI would affect its core search business and why Google is spending an extra $10 billion on capital expenditures this year to catch up in the AI race.

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A troubled SPAC plans to buy iRocket for $400M but it already returned most of its cash

irocket, Public, Space, special-purpose acquisition company / 24news

iRocket is aiming to hit the public markets but the SPAC vehicle doesn’t have much cash left.

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YouTube sees a rise in ad revenue to reach nearly $10 billion

advertising, Media & Entertainment, Public, YouTube / 24news

YouTube continues to lead in the streaming market, with ad revenue increasing by 13% to $9.8 billion.

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Tesla profits pulled down by falling EV sales and regulatory credits

earnings, Elon Musk, EVs, Public, Tesla, Transportation / 24news

Tesla saw a 17% growth in its services business, but it was not enough to close the gap in falling EV sales, fewer regulatory credits, and a decline in solar and energy storage sales.

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Trump’s AI Action Plan aims to block chip exports to China but lacks key details

AI, AI chips, amd, artificial intelligence, Enterprise, nvidia, Public, semiconductors / 24news

The AI Action Plan offers a path, but not a concrete plan, for what the administration is thinking when it comes to chip export restrictions.

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Former Y Combinator, a16z experts hold invite-only summit for founders

early stage, Public, social media marketing, Startups, TC, Venture, Y Combinator / 24news

An invite-only startup event hosted by former YC and a16z staff will help founders learn to pitch press and run their own social media.

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Open source X rival Mastodon begins raising funds with new in-app donation feature

Apps, Mastodon, open social, open source, Public, Social, social media / 24news

Mastodon is experimenting with a new way to raise money: in-app donation banners.

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Trump’s AI strategy trades guardrails for growth in race against China

AI, AI Action Plan, ai data centers, Government & Policy, Public, Trump / 24news

The Trump administration published its much-anticipated AI Action Plan Wednesday, signaling a sharp shift away from former President Biden’s cautious approach to addressing the risks of AI, and toward a focus on speed, sovereignty, national security, and competing with China.

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India expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra

Commerce, e-commerce, Enforcement Directorate, Flipkart, Government & Policy, myntra, Public, Walmart / 24news

India’s financial crime watchdog filed a complaint against Walmart-backed Myntra, alleging the company violated foreign investment rules by channeling over $191 million through a related-party scheme.

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Meta researchers are developing a gesture-controlled wristband that can interact with a computer

accessibility, Hardware, Meta, Public, reality labs / 24news

The goal of this wristband is to provide less invasive tools to interact with computers for people with motor disabilities.

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