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Tesla Megapack batteries during a tour of the Elkhorn Battery Energy Storage System in Moss Landing, California, June 6, 2022.Nic Coury | Bloomberg | Getty ImagesSpaceX ramped up spending on energy products from CEO Elon Musk’s other trillion-dollar company, Tesla, during the period ending June 30, 2026, financial filings revealed. Musk’s aerospace and defense tech conglomerate purchased $295 million worth of Tesla Megapacks, or battery energy storage systems, that SpaceXAI has been installing to help power its Colossus data centers in the Greater Memphis area. The second-quarter purchases bring SpaceX’s half-year total spending on Tesla Megapacks to $329 million.Megapacks are used for…
We don’t have a hard timeline right now, but we will work directly with the mods, developers, and communities that depend on our systems and make sure to keep everyone updated. This follows June comments from a Reddit employee about Old Reddit, stating, “we can’t promise it will be around forever” while noting CEO Steve Huffman’s earlier promises to keep supporting the site while people still use it. API access Reddit has previously fought against unauthorized scraping by suing Perplexity, Anthropic, and others, blocking the Internet Archive, and restricting crawler access for search engines it doesn’t have a deal with.…
CNBC’s Jim Cramer said on Wednesday that investors should stop treating the stock market like a winner-take-all game.”There’s room for many companies at each step of the AI food chain. It’s not kill or be killed,” the “Mad Money” host said. “The best stocks often belong to companies that have plenty of competition, simply because there’s plenty of business to go around.”Shares of AMD fell 6% Wednesday, despite a solid earnings report, after Elon Musk said SpaceX will build its artificial intelligence infrastructure “exclusively on Nvidia” because it believes the Vera Rubin architecture is “the best AI computer.” Cramer said…
After first opening a pull request to merge the malicious code into the repository, Mythos created fake online “sock puppet” personas that claimed to have independently reviewed and verified the code as not containing malware. The AI agent also sent five emails to two human maintainers of the repository, including some emails containing malware and others attempting to persuade a maintainer to accept the pull request. Mythos even opened a GitHub Issue on a second repository—also owned by a maintainer of the first repository—that contained a prompt injection with malicious instructions targeting “issue-triage AI coding agents.” This line of attack…
The Etsy Inc. headquarters in the Brooklyn borough of New York, US, on Tuesday, June 25, 2024.Victor J. Blue | Bloomberg | Getty ImagesEtsy said Wednesday it’s laying off about 220 employees, or roughly 12% of its workforce, as the online marketplace looks to simplify its organizational structure and innovate faster in an increasingly competitive e-commerce industry.Etsy CEO Kruti Patel Goyal, who took over the helm at the beginning of this year, told staffers in a memo that the job cuts will position the company for “building the organization we believe Etsy needs for the future.” Most of the cuts…
Thousands of Internet-connected servers sold by the world’s biggest manufacturers can be remotely backdoored by exploiting critical vulnerabilities—some more than a decade old—that lurk deep inside system motherboards, according to research presented Wednesday. Baseboard management controllers are miniature computers that are embedded into the motherboards of virtually every enterprise server. The microcontrollers, typically abbreviated as BMCs, run with their own operating system firmware, network stack, and IP address. Administrators rely on them to monitor the physical status of large fleets of servers and to perform a variety of tasks, including rebooting machines, installing updates, and even reinstalling operating systems. BMCs…
Reform UK has pledged to imprison the bosses of companies employing illegal migrants and said it would fine larger firms 10 per cent of their global revenues.The party said its aim was to stop delivery and gig economy companies profiting from illegal workers “without consequences”.Home affairs spokesperson Zia Yusuf said “young British people are being shut out of entry level jobs and our whole economy is being undermined”.The Home Office said it was already increasing penalties for companies hiring illegal workers. A source within the department called some of Reforms proposals “empty posturing”.Reform said that if it won the next…
CNBC’s Jim Cramer said Wednesday investors looking at Elon Musk’s SpaceX should stop thinking in quarters and start thinking in decades.”SpaceX could be a 100-year piece of paper,” the “Mad Money” host said, arguing that SpaceX should be viewed much like the century-long railroad investments that ultimately rewarded patient investors. “Maybe you put some away for the next generation or even the one after that.”Shares of SpaceX fell 13.6% on Wednesday as Wall Street digested the rocket-and-AI company’s first earnings report since its historic June IPO. While revenue in the quarter topped expectations, the company disclosed sharply higher capital expenditures.…
“Really?” Those hopes were dashed during Schwartz’s confirmation hearing last month when she repeatedly failed to answer questions directly and say with conviction that she would push back on Kennedy’s anti-vaccine and anti-science agendas. Perhaps the most disturbing aspect of Schwartz’s testimony came when senators repeatedly asked her what she would do if (or when) she’s put in the same position as Monarez. Schwartz responded as if it hadn’t happened and would never happen. “I do not believe that the president or the secretary would ever do what you just mentioned,” she told Sen. Bernie Sanders (I-Vt.) at one point,…
Miguel Milano, President and Chief Revenue Officer at Salesforce.Courtesy: SalesforceSalesforce has appointed an operating chief under CEO Marc Benioff, promoting Miguel Milano to the role. Milano, a former Oracle executive, rejoined Salesforce as chief revenue officer in 2023. He previously worked for Salesforce in Europe from 2011 to 2020 and then spent three years at data processing company Celonis as chief revenue officer. He made his first appearance on Salesforce earnings calls last year. The promotion, announced on Wednesday, signals another attempt to widen the leadership ranks at Salesforce, which Benioff co-founded in 1999 and has run ever since. In…
