July 23, 2024
Tech News
SoftBank’s Chief, Masayoshi Son, is advocating for a collaborative approach among global automakers to accelerate the development of self-driving cars using AI. Son believes that pooling resources and data from various companies can overcome challenges in autonomous vehicle projects.
Location intelligence is being hailed as a solution to data challenges in the transport industry. Abhijit Sengupta from HERE Technologies discusses how real-time tracking and data integration can improve safety, efficiency, and sustainability in fleet management.
CrowdStrike CEO George Kurtz is set to testify before the House Homeland Security Committee about a major outage caused by a faulty update. The incident disrupted various services, and Kurtz clarified that it was a technical failure, not a security breach.
A project by tech billionaires to build a new city called “California Forever” near San Francisco is on hold for at least two years pending an environmental impact study. Despite financial backing, regulatory hurdles and local opposition have delayed the project.
17-year-old entrepreneur Eric Zhu’s startup, Aviato, has raised $2.3 million for its analytical platform for private market data. Zhu’s company aims to provide a comprehensive data analytics platform for venture funds and private equity firms, competing with established players like PitchBook and Crunchbase.
Tech Explained
Self-Driving Cars – These are vehicles capable of navigating and operating without human input, using technologies like AI and sensors to detect surroundings and make driving decisions.
Location Intelligence – This technology uses geographical data to provide insights and solutions for various industries, such as transport and logistics, by analyzing spatial information.
Cybersecurity – This refers to the practice of protecting systems, networks, and data from cyberattacks, breaches, and unauthorized access.
Environmental Impact Study – This is a process to evaluate the potential environmental effects of a proposed project or development, helping to identify and mitigate any negative impacts.
Venture Funding – This is a type of financing provided to startups and small businesses by investors in exchange for equity, helping them grow and scale their operations.
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