Customers of the failed cryptocurrency exchange FTX are poised to recover all of the money they lost when the firm collapsed in 2022 and receive interest on top of it, the company’s bankruptcy lawyers said on Tuesday. The announcement was a landmark in the attempt to recover the $8 billion in customer assets that disappeared…
Artificial intelligence is giving machines the power to generate videos, write computer code and even carry on a conversation. It is also accelerating efforts to understand the human body and fight disease. On Wednesday, Google DeepMind, the tech giant’s central artificial intelligence lab, and Isomorphic Labs, a sister company, unveiled a more powerful version of…
President Biden will travel to Wisconsin on Wednesday to announce the creation of an artificial intelligence data center, highlighting one of his administration’s biggest economic accomplishments in a crucial battleground state — and pointing up a significant failure by his immediate predecessor and 2024 challenger. At a technical college in Racine, Mr. Biden will announce…
The summer travel season starts in just a few weeks, but if you are looking for software that goes beyond simply booking flights and hotels, you’re in luck. Search engines enhanced by artificial intelligence can help with your research and outline full itineraries. Certain older apps have recently been updated to suggest more eco-friendly travel…
Less than two weeks after President Biden signed a bill that will force TikTok’s Chinese owner, ByteDance, to sell the popular social media app or face a ban in the United States, TikTok said it sued the federal government on Tuesday, arguing the law was unconstitutional. TikTok said that the law violated the First Amendment…
As experts warn that images, audio and video generated by artificial intelligence could influence the fall elections, OpenAI is releasing a tool designed to detect content created by its own popular image generator, DALL-E. But the prominent A.I. start-up acknowledges that this tool is only a small part of what will be needed to fight…
On a trip to Nigeria in January, Tigran Gambaryan, a compliance officer for the giant cryptocurrency exchange Binance, received an unsettling message: The company had 48 hours to make a payment of roughly $150 million in crypto. Mr. Gambaryan, a former U.S. law enforcement agent, understood the message as a request for a bribe from…
Wayve, a London maker of artificial intelligence systems for autonomous vehicles, said on Tuesday that it had raised $1 billion, an eye-popping sum for a European start-up and an illustration of investor optimism about A.I.’s ability to reshape industries. SoftBank, the Japanese conglomerate that backed Uber and other tech companies, was the lead investor, along…
Sohail Prasad, an entrepreneur, launched a fund in March called the Destiny Tech100. The fund owns shares in hot tech start-ups like the payments firm Stripe, the rocket maker SpaceX and the artificial intelligence company OpenAI. Few people get the chance to invest in these privately held companies since their shares are not openly traded….
Elon Musk, the chief executive of Tesla, blindsided competitors, suppliers and his own employees this week by reversing course on his aggressive push to build electric vehicle chargers in the United States, a major priority of the Biden administration. Mr. Musk’s decision to lay off the 500-member team responsible for installing charging stations, and to…
