Intel will get $8.5 billion in CHIPS Act funding to support its US manufacturing efforts
Intel is getting a huge boost from the US government under the CHIPS and Science Act. The company could get up to $8.5 billion in direct funding from the government, according to the preliminary agreement it has reached with the Department of Commerce. That money will go towards the chipmaker’s…
Tesla settles long-running racial discrimination court battle with former worker
Owen Diaz’s lengthy court battle against Tesla is officially over, now that both parties have agreed on a settlement. Attorney Lawrence Organ, Diaz’s lawyer, told CNBC that that the “parties have reached an amicable resolution of their disputes,” but that the “terms of the settlement are confidential.” If you’ve been…
Now it’s NVIDIA being sued over AI copyright infringement
It’s getting hard to keep up with copyright lawsuits against generative AI, with a new proposed class action hitting the courts last week. This time, authors are suing NVIDIA over its AI platform NeMo, a language model that allows businesses to create and train their own chatbots, Ars Technica reported….
OpenAI says Elon Musk’s lawsuit allegations are ‘incoherent’
“There is no Founding Agreement, or any agreement at all with Musk,” OpenAI said in a court filing as a defendant in Elon Musk’s lawsuit. We’re, of course, talking about the lawsuit Musk filed against OpenAI, which accuses it of violating its status as a non-profit, as well as of…
Nikon buys high-end cinema camera company RED
Nikon has announced it is buying RED, the high-end cinema camera company, for an undisclosed sum. In a statement, the camera giant, which has suffered along with most of the imaging industry in recent years, said RED will become a wholly-owned subsidiary, as found by The Verge. RED currently has…
OpenAI says Elon Musk wanted it to merge with Tesla to create a for-profit entity
Elon Musk, who sued OpenAI for violating its non-profit mission and chasing profits, allegedly wanted the organization to merge with Tesla when it was starting to plan its transition into a for-profit entity in order to accomplish its goals. Well, either that or get full control of the company, OpenAI…
Twitter’s former CEO and other execs are suing Elon Musk and X for $128 million in unpaid severance
A group of former Twitter executives, including former CEO Parag Agrawal, are suing Elon Musk and X over millions of dollars in unpaid severance benefits. The claims date back to the chaotic circumstances surrounding Musk’s takeover of the company in October 2022. When Musk took control of the company, his…
Proposed class action lawsuit accuses Apple of monopolizing cloud storage for its devices
A class action complaint filed against Apple on Friday in the northern California court has accused the company of creating unfair conditions to ensure iCloud remains the dominant cloud storage choice for its devices, according to Bloomberg Law. By placing “surgical technological restraints” on the types of files other cloud…
Elon Musk sues OpenAI and Sam Altman for allegedly ditching non-profit mission
OpenAI co-founder Elon Musk has sued the company, his fellow co-founders, associated businesses and unidentified others. He claims that, by chasing profits, they’re violating OpenAI’s status as a non-profit and its foundational contractual agreements to develop AI “for the benefit of humanity.” The suit alleges that OpenAI has become a…
Meta is starting to test the Threads API with third-party developers
Meta is starting to bring the Threads API online, though it will still be some time before it’s widely accessible to developers. The company has begun testing its new developer tools with a handful of companies, Meta engineer Jesse Chen shared in a post on Threads. According to Chen, whose…