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X's New "Edited" Image Labels Are a Mess Waiting to Happen - Professional coverage
AIPrivacySoftware

X’s New “Edited” Image Labels Are a Mess Waiting to Happen

According to TechCrunch, Elon Musk has teased a new feature for X that will label "edited visuals," resharing an announcement…

Why 95% of AI Projects Fail and How to Actually Scale Them - Professional coverage
AIInnovationSoftware

Why 95% of AI Projects Fail and How to Actually Scale Them

According to VentureBeat, organizations are stuck in "proof-of-concept purgatory" with AI, with MIT research estimating a staggering 95% of enterprise…

Meta Pulls the Plug on Teen AI Chatbots - Professional coverage
AIPrivacySoftware

Meta Pulls the Plug on Teen AI Chatbots

According to Futurism, Meta announced on Friday that it is cutting off teenagers' access to its AI chatbot characters, starting…

AutomationStartups

Former Luminar CEO Austin Russell Makes Surprise Bid to Acquire Lidar Company He Founded

Billionaire founder Austin Russell has launched a bid to acquire Luminar Technologies five months after being replaced as CEO. The proposed acquisition would involve his new company, Russell AI Labs, purchasing all outstanding shares of the lidar maker according to regulatory filings.

Surprise Acquisition Bid Follows CEO Ouster

Austin Russell, the billionaire founder of lidar company Luminar Technologies, has reportedly made a bid to acquire the company just five months after being replaced as CEO following an ethics inquiry, according to recent SEC filings. The proposed takeover would involve his new venture, Russell AI Labs, purchasing 100% of Luminar’s outstanding Class A Common Stock at an undisclosed price.