OpenAI Pleads That It Can’t Make Money Without Using Copyrighted Materials for Free

“It would be impossible to train today’s leading AI models without using copyrighted materials.” Please Sir OpenAI is begging the British Parliament to allow it to use copyrighted works because it’s supposedly “impossible” for the company to train its artificial intelligence models — and continue growing its multi-billion-dollar business — without them. As The Telegraph reports, the… Continue reading OpenAI Pleads That It Can’t Make Money Without Using Copyrighted Materials for Free

Rumble Is Part of an ‘Active and Ongoing’ SEC Investigation

In May 2021, the site was reportedly valued at an estimated $500 million. In September 2022, Rumble became a publicly traded company listed on the Nasdaq as part of a Special Purpose Acquisition Company (SPAC) deal. Its valuation currently exceeds $1.2 billion. In April 2023, investment research firm Culper Research released a report expressing skepticism… Continue reading Rumble Is Part of an ‘Active and Ongoing’ SEC Investigation

Anker’s flagship power station can charge an EV and make homes energy independent

/ Anker’s Solix F3800 is portable enough to take on a weekend roadtrip and scalable enough to power an entire home for days during a blackout. By Thomas Ricker, a deputy editor and Verge co-founder with a passion for human-centric cities, e-bikes, and life as a digital nomad. He’s been a tech journalist for almost… Continue reading Anker’s flagship power station can charge an EV and make homes energy independent

Nvidia says four Chinese EV makers to use its chips for self-driving systemsChina’s rising EV brands are a key market for Nvidia’s automotive technolo…

Nvidia said four Chinese electric vehicle brands will use its technology as the brains for automated driving systems, underscoring the U.S. chip maker’s determination to expand in China despite Washington’s tighter export rules. Chinese automakers Li Auto, Great Wall Motor, Zeekr and the new EV unit of Chinese telecommunications company Xiaomi will use Nvidia‘s DRIVE technology to… Continue reading Nvidia says four Chinese EV makers to use its chips for self-driving systemsChina’s rising EV brands are a key market for Nvidia’s automotive technolo…

Funding Societies looks to raise $40m in latest funding round

Southeast Asian fintech firm Funding Societies—known as Modalku in Indonesia—is planning to raise $40 million in its latest funding round, according to regulatory filings accessed by DealStreetAsia. The firm had last week announced securing an unspecified investment as part of the same round from Malaysian sovereign wealth fund Khazanah Nasional and CGC Digital Sdn Bhd,… Continue reading Funding Societies looks to raise $40m in latest funding round

Asian PE firm ACA Investments targets $100m for first impact venture fund

Source: 123RF Pimfha Chan 09 January, 2024 Singapore- and Japan-based private equity manager ACA Investments is raising as much as $100 million for its first impact-dedicated venture capital platform, according to a source familiar with the matter. Start your deal-making journey now! Subscribe now to enjoy unlimited access at just $59. Premium coverage on private… Continue reading Asian PE firm ACA Investments targets $100m for first impact venture fund

Kia’s ‘Platform Beyond Vehicles’ is a family of modular electric minivans for businesses

/ They may look like boring blobs, but Kia has outlined a three-phase business strategy for its ‘Platform Beyond Vehicle.’ By Andrew J. Hawkins, transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. Share this story… Continue reading Kia’s ‘Platform Beyond Vehicles’ is a family of modular electric minivans for businesses

LG goes gaga for AI and even unveils a product or two at CES 2024

LG/ZDNET LG kicked off the first media day of CES 2024 with a presentation focused on the company’s shift from a consumer electronics vendor to what CEO William Cho called a “Smart Life Solution” company. In other words, LG will be focusing more on AI integration for its appliances, mobile devices, and EV software.  Also:… Continue reading LG goes gaga for AI and even unveils a product or two at CES 2024