Indian mid-market private equity (PE) firm Carpediem Capital has raised funding from a host of family offices and institutional investors as it looks to close its second fund with a corpus of Rs 500 crore ($60 million) by the end of June this year. “The money is almost raised. We are in the final stages… Continue reading Indian mid-market PE firm Carpediem Capital looks to close Fund II by next month
Category: Tech News
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Cruise, Waymo near approval to charge for 24/7 robotaxis in San Francisco
Self-driving vehicle companies Waymo and Cruise are on the cusp of securing final approval to charge fares for fully autonomous robotaxi rides throughout the city of San Francisco at all hours of the day or night. Amid mounting resistance to the presence of AVs in the city, the California Public Utilities Commission (CPUC) published two… Continue reading Cruise, Waymo near approval to charge for 24/7 robotaxis in San Francisco
How Uber is trying to create ‘stickiness’ for its app
Ride-hailing is back. But Uber’s looking to become more than a one-stop shop for booking rides. Growth — through products and expanded consumer groups — was the connecting thread at Uber’s Go-Get event this Wednesday in New York City, where the company announced a slew of new additions to its platform that, in many cases, don’t… Continue reading How Uber is trying to create ‘stickiness’ for its app
Tesla Cyberquad electric ATV is still alive, says new trademark filing
Tesla is evidently still planning to make the Cyberquad as it files for a new trademark for the electric ATV. When Tesla unveiled the Cybertruck in 2019, CEO Elon Musk had a little “one more thing” moment on stage when they brought out the Tesla Cyberquad, an electric ATV, to show the payload capacity of the… Continue reading Tesla Cyberquad electric ATV is still alive, says new trademark filing
Elon Musk hints at new Tesla Roadster beating Rimac Nevara’s new records
Elon Musk is hinting at the next-generation Tesla Roadster beating Rimac Nevara’s newly achieved performance records. We are getting more news about the next-gen Roadster in the last few days than we have in over a year. After many delays, CEO Elon Musk was asked about it by a Tesla shareholder at the company’s annual… Continue reading Elon Musk hints at new Tesla Roadster beating Rimac Nevara’s new records
CNET Staff Unionize, Saying AI Use “Threatens Our Jobs and Reputations”
CNET staffers are unionizing, and they’re naming their employer’s use of AI as a key reason why — a timely reminder that even as generative AI tech raises billions in funding and threatens to upend entire industries, it’s already causing a very real human impact among workers. And now, they’re fighting back. “In terms of AI… Continue reading CNET Staff Unionize, Saying AI Use “Threatens Our Jobs and Reputations”
Grimes Calls First Official Song Made by AI-Cloning Her Voice a “Masterpiece”
Last month, experimental artist and futurist Claire “Grimes” Boucher announced that she was willing to have artists clone her voice with the use of AI — but only if they were willing to “split 50 percent royalties.” To put her money where her mouth was, she even created an entire AI generator platform called Elf.Tech… Continue reading Grimes Calls First Official Song Made by AI-Cloning Her Voice a “Masterpiece”
AI Company Says It’ll Perform a Seance on Your Dead Loved Ones
As the Greek myth goes, the nymph Eurydice was killed only a few hours after she married the musician Orpheus. Consumed by grief, Orpheus traveled to the Underworld to find his late wife, where he played a song so sad that its rulers Hades and Persephone told the musician that he and Eurydice could go… Continue reading AI Company Says It’ll Perform a Seance on Your Dead Loved Ones
Man Uses AI to Write 97 Terrible Books, Sells $2,000 Worth
Human writers probably shouldn’t be too concerned… yet. Book It A man says he’s written almost 100 books using AI since August 2022 and made around $2,000, according to a first-hand account he wrote for Newsweek. While a perusal of the books in question reveals the barest of plots and character development, they serve as… Continue reading Man Uses AI to Write 97 Terrible Books, Sells $2,000 Worth
The Looming El Niño Could Cost the World Trillions of Dollars
While the effects of El Niño are more concentrated in the tropics, other regions will feel the heat as well. The southwestern United States tends to get more rain, while the northern parts of the country warm up. One upside: El Niño typically reduces hurricane activity in the Atlantic Ocean. Courtesy of Christopher Callahan Tropical countries… Continue reading The Looming El Niño Could Cost the World Trillions of Dollars