Results for "AI market competition"
192 results found

Ex-Tesla staff reveal FSD system still struggles with basic driving tasks
Former Tesla data labelers say Full Self-Driving frequently fails in real-world tests, contradicting Elon Musk's claims. Workers in Utah reviewed footage showing the system making routine errors.

Mercury Hits $5.2B Valuation as Fintech Startup Pursues Own Banking License
Mercury raised $200M at a $5.2B valuation and secured regulatory approval to establish its own bank. The digital banking startup serves over 300,000 companies and reported $650M in annualized revenue.

Data centers are making Phoenix even hotter by up to 4 degrees
New research shows air-cooled data centers in Arizona create thermal plumes that raise local temperatures by up to 4°F, worsening heat waves and public health risks.

Jury Dismisses Musk's OpenAI Lawsuit Over Missed Deadline
A jury threw out Musk's OpenAI lawsuit for being filed too late. The trial exposed the feud between Musk and Altman but didn't rule on OpenAI's for-profit shift.

China Deploys Subsea Data Center Powered by Offshore Wind and Ocean Cooling
China launched the world's first commercial underwater data center off Hainan. It uses seawater cooling and offshore wind to power 2,000 servers efficiently.

Fresha Reaches $1 Billion Valuation With KKR Investment
Beauty booking platform Fresha secured $80M from KKR, pushing its valuation to $1 billion. The funding underscores growth in service marketplace tech.

Tech Lobbying Weakens Climate Rules for Data Centers
Tech companies lobbied to kill stricter clean energy rules for gas-powered data centers, weakening climate pledges.

UK education panel demands social media ban for children under 16
UK Education Committee calls for statutory social media ban for under-16s, citing addictive design and mental health harms. It urges broader regulation and treats child safety as public health issue.

Italian Council Slaps 200% Tax on Data Centers in Farmland
An Italian regional council imposed a 200% tax on data centers built in agricultural zones to steer development toward abandoned industrial areas and reduce environmental harm.

Startup Accused of Damaging Airbnb Rentals During Robot Tests
A robotics startup is under fire after hosts report damaged properties from robot testing sessions. Allegations raise questions about liability and safety in the sharing economy.

Accenture Acquires Ookla, Owner of Speedtest, in Telecom Data Play
Accenture is buying Ookla, the company behind Speedtest.net. The deal boosts Accenture's telecom data and analytics capabilities.

San Francisco Nonprofit Deploys Robots to Address Volunteer Shortage in Meal Prep
A San Francisco nonprofit in the Tenderloin district is using robotic arms to prepare meals as human volunteer numbers decline. The tech-enabled kitchen aims to serve thousands more meals weekly.