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Tesla Rolls Out Robotaxi in Austin to Handful of Users
Bloomberg Technology· 2025-06-23 15:52
Tesla Inc. rolled out its long-awaited robotaxi service to a handful of users following almost a decade of hype from Elon Musk, kicking off a precarious new era for the carmaker. Some online influencers were invited to take a ride. A human "safety monitor" rode in the front passenger seat. -------- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow he ...
How Europe Can Keep Up in the AI Race: VC Investors' Take
Bloomberg Technology· 2025-06-22 05:01
Now the UK Prime Minister, Keir Starmer, recently announced plans to train millions of people in AI over the next five years, while Europe is aiming to mobilise €200 billion for investments in the technology. But is it too little too late. With me to discuss, I'm very pleased to say, is Carina Namih, partner at VC firm, Plural, Laura McGinnis, principal at Balderton, and Tommy Stadlen, co-founder and general partner at Giant Ventures.All, of course, VC firms that are backed some really serious names in Euro ...
Can Europe Win the AI Race?
Bloomberg Technology· 2025-06-21 05:30
Coal for Stephen Powell, the power behind the Industrial Revolution, the world's next industrial revolution isn't being powered by coal or oil. This time the most valuable resource is artificial intelligence. And while Silicon Valley often steals the headlines, Europe certainly is not out of the race.From London to Lyon, Munich to Milan, a new generation of AI startups is emerging. But the money and the scale is often smaller. Last year, America's A.I. companies secured more than seven times the funding of ...
Robot Delivery Service Plans US and Europe Expansion
Bloomberg Technology· 2025-06-20 19:23
The money. Was it for Zach. Well, we really want to expand the service to more areas, so we're building the best autonomous vehicle for our urban environment.So we're operating in Los Angeles, Chicago, Miami, Helsinki, Finland. We have a lot more cities coming up soon. But, you know, we want to build the best vehicle to move goods around cities to make it much cheaper for our customers and for merchants.Okay. So it's all about U.S. markets. Is there an international focus as well here.Yes, In the US we've b ...
SoftBank’s Founder Pitches $1 Trillion US AI Hub
Bloomberg Technology· 2025-06-20 19:18
You think this is perhaps more of a marketing ploy. Yeah, that's that's where the, you know, the skeptic in me thinks it's it's a little bit more of that. I mean, you never want to underestimate SoftBank.And when it comes to A. I. and robotics, I think there's a lot of interest, particularly from the capital markets.But, you know, the size and the scale seem a little bit trumped up, so to speak. I think in the timing I would question as well, like and that's why I don't think you're seeing the stocks move a ...
IBM Announces Quantum Milestone
Bloomberg Technology· 2025-06-20 18:56
Quantum Computing Roadmap & Technology - IBM aims to achieve quantum computing milestones by 2029 with IBM Sterling, following a technology roadmap with year-after-year advancements [1][3] - The roadmap includes error-corrected memory, operations across multiple memories, and a large-scale system for universal control [3] - IBM has been offering access to quantum computers on the cloud since 2016, starting with a 5-qubit machine and scaling to multiple 100+ qubit machines like the Heron processor [5][6] - IBM is working towards achieving "quantum advantage" in the next few years, where quantum computers, combined with classical computers, can outperform classical computers alone [8][9] Ecosystem & Partnerships - IBM has built a quantum ecosystem with over 500,000 users [6] - The IBM Quantum Network includes nearly 300 institutions, companies, startups, national laboratories, and academia [7] - Third-party startups are building functions within IBM's ecosystem to drive verticals in optimization, chemistry, and machine learning [17] - IBM provides an open-source software development kit (Qiskit) to appeal to a broader set of users [15] Competition & Strategy - IBM's strategy is to provide a differentiating computing platform with hardware and software, building an ecosystem around it [15] - The company emphasizes the efficiency of quantum computing, requiring a fraction of the power compared to high-performance supercomputers for certain problems [13] - There is a technological race between the US and China in quantum computing, with government funding in the US [18] - IBM envisions a quantum-centric supercomputing architecture where CPUs, GPUs, and QPUs work together [11][12]
Musk’s Tesla Prepares to Launch Robotaxi Service
Bloomberg Technology· 2025-06-20 18:53
For anyone who is worried about the safety involved here, your data shows that we should be pursuing this path. Yeah. So in an early paper, just looking at the kinds of technologies that auto manufacturers already have, we expected about an 85% crash reduction and fatality reduction and crash cost reduction, which is a lot of money because Americans already lose about $3,000 a year per capita every year to crash costs.And what we've already seen is Waymo is hitting that target on the streets of san francisc ...
Meta Launches $399 Oakley AI Glasses
Bloomberg Technology· 2025-06-20 18:48
It's funny the way the story is written by Mark Gurman, he says people are using them also for thrill seeking. They're getting on rollercoasters and using them. Why are these versions going to be better.I mean, it just turns out to be a better form factor when you think about, you know, the Ray-Ban glasses compared to the VR headset. I would say it's a much easier form factor to use, you know, as an air glass. But at the same time, I think they also realize that the VR headset won't really as impressive to ...
Israel Says Iran Is Hacking Private Security Cameras
Bloomberg Technology· 2025-06-20 17:19
This is something that highlights a longstanding vulnerability with surveillance cameras which have become ubiquitous around the world. When we look in our homes, even you see those doorbell cameras and you go to any office or or department store. There are cameras everywhere, even on the streets.Yet the data that is being gathered, the images, the footage is not necessarily as secure. We've seen instances several years ago of hacks of startups that had, you know, just reams of data from tens of thousands o ...
US Could Target Allies' Chip Plants in China: WSJ
Bloomberg Technology· 2025-06-20 17:06
US-China Trade Relations & Semiconductor Industry Impact - The US government is considering actions targeting Chinese chip plants, potentially impacting global chipmakers operating in China [1][2] - The US is considering ending waivers for companies like TSMC, SK Hynix, and Samsung, which manufacture chips in China, requiring them to obtain licenses for importing American chipmaking equipment [1][3] - This action aims to level the playing field regarding requirements for rare earths shipped to the US, potentially requiring similar licensing for American technology entering China [2][3] Scope of Restrictions - The restrictions primarily target legacy semiconductors used in automobiles, consumer electronics, and other lower-end products, not the most advanced AI chips [5] - The US government is not barring companies like AMD and Nvidia from selling their most advanced chips, but rather targeting a different segment of chip production in China [5] Impact on Chip Manufacturing - TSMC, SK Hynix, and Samsung produce a significant number of chips for the American market in China using US equipment [3] - Under the new regulations, US equipment used in these Chinese plants would require a license instead of a blanket waiver [3][4]