The DeSantis campaign used AI-generated images to attack Trump

It shows how candidates could use AI as a tool to attack each other at next year’s presidential elections. The 2024 US Presidential race is heating up, and the candidates along with their supporters have a new weapon at their disposal: Artificial intelligence tools, which can easily generate realistic images and voices. As Semafor reports,… Continue reading The DeSantis campaign used AI-generated images to attack Trump

Shenzhen Capital closes new RMB fund at $950m for hard tech betsIt will look at investment opportunities in the growth and pre-IPO stage.

Shenzhen Capital Group, the venture investment vehicle of the Shenzhen government, has closed its flagship fund at 6.77 billion yuan ($950.1 million) to deepen its bets in the hard tech industry, according to its announcement via WeChat on Wednesday.  The state-affiliated investment powerhouse will leverage the war chest to invest in strategic and emerging industries… Continue reading Shenzhen Capital closes new RMB fund at $950m for hard tech betsIt will look at investment opportunities in the growth and pre-IPO stage.

Lender group says BYJU’s lawsuit is ‘meritless’ and an ‘effort to avoid complying with obligations’

A group of ad hoc term loan lenders, who collectively own more than 85% of BYJU’S $1.2-billion term loan, has issued a statement saying the edtech firm’s lawsuit against them is “meritless” and “simply an effort to avoid complying with its obligations, including making contractually required payments”. “The lender group, comprising 21 highly respected global… Continue reading Lender group says BYJU’s lawsuit is ‘meritless’ and an ‘effort to avoid complying with obligations’

Binance.US suspends USD deposits, halting fiat withdrawal channels

Binance.US said on Thursday the company is suspending USD deposits while notifying customers that their banking partners are preparing to pause fiat (USD) withdrawal channels as early as June 13. The move comes as the U.S. financial regulators supported a freeze on Binance’s assets earlier in the day. The U.S. Securities and Exchange Commission’s take… Continue reading Binance.US suspends USD deposits, halting fiat withdrawal channels

People Digest: TVS Capital names new managing partner; Affinity’s Korea head exits

Indian private equity fund TVS Capital Funds has named Naveen Uni as its news managing partner, while Affinity Korea’s head Sam Lee has resigned. Naveen Unni named managing partner at TVS Capital Rupee capital private equity fund TVS Capital Funds has announced the joining of industry veteran Naveen Unni as its new managing partner. Unni… Continue reading People Digest: TVS Capital names new managing partner; Affinity’s Korea head exits

Cleantechnica: GM Joins Ford In Using Tesla Superchargers 002810

Build a better mouse trap and the world will beat a path to your door, according to an old business adage. Tesla built a better mousetrap — its Supercharger network which is constructed around the company’s proprietary “North American Charging Standard.” Recently, Ford announced it would begin installing NACS hardware in its electric cars sold… Continue reading Cleantechnica: GM Joins Ford In Using Tesla Superchargers 002810

Clean Technica: Don’t Buy Another Gas Car! No Hybrids Either. It’s Got To Be Electric!002809

Your current car is getting a bit long in tooth and it’s time when you would normally be looking to replace it. Don’t buy another gas car! Some of you won’t let “them” pry a gas car from your cold dead fingers. However, many of the rest of us are open to the idea of… Continue reading Clean Technica: Don’t Buy Another Gas Car! No Hybrids Either. It’s Got To Be Electric!002809

Adobe Says It’ll Cover Legal Bills for Its AI Tool

“The risk is never zero, hence why we offer indemnification.” Got Your Back As the copyright controversy shrouding the use of generative AI tools continues to deepen, Adobe has planted its flag in the sand. According to Fast Company, Adobe is so confident that copyright law won’t be an issue for users of their new generative… Continue reading Adobe Says It’ll Cover Legal Bills for Its AI Tool

The Backstory to the Eating Disorder Bot That Went Off the Rails Is Too Stupid for Words

“We were not consulted about that, and we did not authorize that.” Remember Tessa, the chatbot that was designed to help users combat disordered eating habits but ended up giving absolutely terrible, eating disorder-validating advice? Well, if the story wasn’t stupid enough already, it just got a hell of a lot dumber in a way that perfectly… Continue reading The Backstory to the Eating Disorder Bot That Went Off the Rails Is Too Stupid for Words

The Kakhovka Dam Collapse Is an Ecological Disaster

While the world awaits evidence and further details about what exactly happened to the dam, there is no doubting the ecological harm the breach will cause. Around 600 square kilometers of the Kherson region are currently underwater along the southern part of the Dnipro River, says Veremiychyk. And above the dam, a vast quantity of… Continue reading The Kakhovka Dam Collapse Is an Ecological Disaster