NewsFeed

April 1, 2025

Musk Sells X to AI Firm xAI for $33B

Elon Musk has sold social media site X to his own artificial intelligence company, xAI, for $33 billion in an all-stock deal. The move is expected to combine xAI's advanced AI capabilities with X's vast user base, unlocking "immense potential" according to Musk.

https://krcgtv.com/news/nation-world/elon-musk-sells-x-to-his-own-xai-for-33-billion-in-all-stock-deal#

April 1, 2025

Nadella's Mobile-First Vision Falters at Microsoft

Satya Nadella's successor, Satya Nadella, took over with a goal to make Microsoft a "mobile-first, cloud-first" company. Under his leadership, Microsoft has invested heavily in AI and partnered with OpenAI, the creator of ChatGPT, to integrate its technology into products like Bing, but with limited success.

https://www.hurriyetdailynews.com/computer-pioneer-microsoft-turns-50-207541

April 1, 2025

OpenAI's ChatGPT Faces Fake Receipt Fears

OpenAI's ChatGPT has raised concerns over its potential for misuse in generating fake receipts, which could be used to support fraudulent activities in workplaces, tax deductions, and crowdfunding platforms. The company is aware of the risks and actively monitors usage, with metadata flagging AI-generated images as such. Despite a policy ban on fraudulent activity, OpenAI aims to provide creative freedom to users, citing potential legitimate applications such as educational tools and artistic use.

https://www.firstpost.com/tech/chatgpt-4o-can-generate-realistic-fake-receipts-and-it-coul-be-a-fraudsters-best-friend-13876402.html

April 1, 2025

OpenSNP Founder Closes Project Amid Data Misuse Fears

The OpenSNP project, founded by Bastian Greshake Tzovaras, will be shut down on April 30th due to concerns over data misuse by authoritarian governments and corporations. Tzovaras cited the rise of far-right and undemocratic regimes replacing scientific thought with pseudoscience, as well as large corporations exploiting digital commons and straining open culture infrastructures. He believes providing free genetic data is no longer a risk-free endeavor, particularly in the US where corporate interests are prioritized over individual privacy.

https://gizmodo.com/crowdsourced-dna-project-says-it-will-shut-down-to-protect-users-from-rising-authoritarianism-2000583111

April 1, 2025

Pentagon to Probe Signal Leak Targeting Gabbard

US lawmakers, including Democrats on the House Intelligence Committee and Republicans on the Senate Armed Services Committee, have called for an independent investigation into a Signal leak. Director of National Intelligence Tulsi Gabbard has been targeted by the leak, which is believed to be related to her work with the US military in Hawaii. The Pentagon has agreed to investigate the matter, following requests from top lawmakers.

https://www.thecitizen.co.tz/tanzania/news/international/white-house-shaken-by-signal-scandal-4986342

April 1, 2025

Pia Appoints New Leaders to Drive Growth

Pia, a leading AI-led help desk automation platform for managed service providers, is undergoing strategic organizational changes to drive future growth. The company has restructured its go-to-market division and appointed key leaders to accelerate growth and improve service delivery for MSPs.

https://www.prnewswire.com/news-releases/pia-reveals-strategic-reorganization-leadership-appointments-to-drive-growth-acceleration-302416981.html

April 1, 2025

POET Technologies Reports $30.3M Net Loss in 2024

POET Technologies Inc. reported a net loss of $30.3 million for the year ended September 30, 2024, compared to a net loss of $12.7 million in the previous year. The company's revenue was $29 million, down from $107.5 million in the previous year. Research and development expenses increased to $3.4 million, while depreciation and amortization rose to $475,000. POET is a design and development company offering high-speed optical modules and products for artificial intelligence systems and hyperscale data centers. The company's Optical Interposer platform allows for seamless integration of electronic and photonic devices into a single chip using advanced wafer-level semiconductor manufacturing techniques.

https://www.manilatimes.net/2025/04/01/tmt-newswire/globenewswire/poet-technologies-reports-fourth-quarter-2024-financial-results/2083905

April 1, 2025

Quantum Breakthroughs at Perimeter Institute's Muschik Lab

Christine Muschik, a quantum researcher at the Perimeter Institute for Theoretical Physics and the University of Waterloo in Ontario, has made significant breakthroughs in developing computational units that utilize key principles of quantum systems to perform complex calculations beyond classical computers' capabilities. Her team's recent research published in Nature Physics suggests that this technology could revolutionize near-term quantum devices by enabling efficient simulations of gauge theories using qudits.

https://gizmodo.com/what-to-know-about-the-qudit-and-how-it-could-change-quantum-computing-2000582957

April 1, 2025

Racetrac Taps VidCruiter for Smarter Hiring

Racetrac has integrated VidCruiter's video interviewing and recruitment software to enhance its hiring process. The integration, available on the Workday Marketplace, allows for AI-powered applicant screening, structured interview tools, and automated workflows. This move is part of Racetrac's efforts to improve the candidate experience and build stronger teams.

https://www.prnewswire.com/news-releases/vidcruiter-completes-workday-certified-integration-302413493.html