california California Governor Vetoes Controversial AI Safety Bill SB 1047 Governor Gavin Newsom rejects SB 1047, arguing the AI safety bill applies overly stringent standards without considering how the technology is actually used. The veto represents a major win for Silicon Valley opponents who feared the legislation would stifle innovation.
california California Enacts 18 New AI Laws While Rejecting Controversial Safety Bill California Governor Gavin Newsom signs 18 sweeping AI bills into law, addressing risks, training data transparency, privacy, and education. The new laws take effect as the state vetoes the heavily debated SB 1047 safety bill.
apple Judge Denies Apple's Document Deadline Extension in Epic Games Dispute A federal judge rejects Apple's request for more time to produce over 1.3 million App Store documents, calling the last-minute delay attempt "bad behavior." Apple still faces a Monday deadline to hand over the files as part of Epic Games' bad-faith compliance challenge.
meta Meta Unveils Orion AR Glasses Prototype as Potential iPhone Replacement Meta reveals Orion, an advanced augmented reality glasses prototype featuring holographic displays and hand-tracking technology that aims to eventually replace the smartphone.
meta Meta Unveils Orion AR Glasses Prototype at Annual Connect Event Meta showcases Orion, its most advanced augmented reality glasses prototype to date, alongside new Quest headsets and AI updates. The reveal highlights the company's ongoing commitment to blending artificial intelligence with the metaverse.
robotics Detachable Robot Hand Crawls Across Surfaces to Grasp Objects Researchers at EPFL unveil a robotic hand that breaks biological limitations by detaching from its arm to crawl toward and grab objects. The unsettling but innovative design explores new possibilities for grasping in cluttered environments.
x X Nears End of Brazilian Ban With Additional $1.9M Fine X faces a new $1.9 million fine from Brazil's Supreme Court as the final condition to end its month-long ban in the country. The social network agrees to the terms and expresses respect for the nation's sovereignty.
ai Artificial Intelligence Steals the Show at YC Demo Day and Across Startup Funding Artificial intelligence dominates the latest Y Combinator Demo Day and the broader startup landscape, while major leadership shifts occur at OpenAI. Notable funding rounds highlight growing investments in preventative healthcare, digital transformation, and open-source AI infrastructure.
iranian hackers US Charges Three Iranian Hackers for Targeting Trump Campaign and Election The U.S. Justice Department charges three Iranian nationals with hacking the Trump presidential campaign to influence the 2024 election and retaliate for the 2020 killing of General Qasem Soleimani.
openai OpenAI Plans Steep ChatGPT Price Hikes to Offset Billions in Losses OpenAI intends to raise ChatGPT Plus from $20 to $22 per month by late 2024, eventually reaching $44 by 2029. These aggressive increases aim to narrow massive financial losses driven by expensive AI training and operational costs.
openai OpenAI Nears $6.5 Billion Funding Round as For-Profit Conversion Looms OpenAI is closing in on a massive $6.5 billion funding round expected to finalize next week, backed by a guaranteed shift to a for-profit structure. Investors have a two-year window to withdraw their funds if the company fails to complete this corporate transition.
y combinator AI Dominates Y Combinator Summer 2024 Demo Day Two Standouts Y Combinator concludes its Summer 2024 Demo Day with a second batch of impressive startups, where artificial intelligence remains the central focus. Notable companies include an energy-efficient AI chip maker and an automated engineering assistant already working with AWS.
figure Fintech Unicorn Figure Deploys GPT-4 to Automate and Accelerate Mortgage Lending Figure, a $3 billion lending startup, introduces a GPT-4 powered tool to eliminate manual document verification in the mortgage process. The new AI system drastically reduces the time needed to catch errors across complex legal paperwork.
nomi ai Nomi AI Builds Emotionally Intelligent Chatbots With Deep Memory Self-funded startup Nomi AI develops chatbots that use advanced processing time to enhance emotional intelligence and memory retention. Unlike OpenAI's math-focused reasoning, Nomi focuses on what users actually care about in AI companionship.
openai OpenAI Executive Claims New Reasoning Model Eradicates Bias, Data Shows Otherwise OpenAI's VP of global affairs states that the new o1 reasoning model virtually eliminates AI bias by evaluating its own responses. However, the company's own test data reveals that the model still explicitly discriminates in certain scenarios.