Elon Musk Faces French Probe Over X And Grok Allegations Tech billionaire Elon Musk is due to appear before French prosecutors for questioning as part of an ongoing investigation into social media platform X and its artificial intelligence chatbot Grok. The case is expected to intensify tensions between the United States and Europe over issues related to Big Tech regulation and free speech. It remains unclear whether Musk will attend the hearing, although participation is formally required. The session was scheduled earlier this year following a raid by Paris prosecutors on the French offices of X. Investigation Expands Beyond Initial…
Author: Arushi Pandey
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Tesla Energy Business Gains Strength Amid EV Challenges Tesla’s solar and energy division is expected to outperform its core electric vehicle business when the company reports its quarterly results this week. The development highlights a growing source of resilience as the company gradually advances its ambitions in robotics and self-driving technology. While Tesla’s automotive segment faces mounting pressure, its energy business continues to expand at a faster pace. This growth is largely driven by increasing demand for large-scale battery systems used to power data centres and other infrastructure. Rising Costs And Pressure On Core Operations The company’s broader strategy, led…
India Arrests Aviation Official And Executive Over Drone Import Bribery Allegations India’s federal crime fighting agency has arrested a senior aviation regulator and a corporate executive over alleged bribery linked to drone import approvals. The action follows a tip-off that suggested both individuals had agreed on a payment to facilitate regulatory clearances. According to a statement issued late on Sunday, investigators acted on information that a deal worth 1.5 million rupees had been struck to process three applications related to drone imports. These applications were associated with Asteria Aerospace, a company involved in drone technology and aerial intelligence solutions. Details…
Filmmakers Defend AI Use of Val Kilmer in New Film The creators of a new film featuring an AI-generated performance by late actor Val Kilmer have defended their approach, stating that it offers an ethical model for the future use of such technology in Hollywood. Brothers Coerte and John Voorhees said they secured consent from Kilmer’s children before recreating his role in “As Deep as the Grave.” The film follows archaeologists exploring the history of the Navajo people in New Mexico. To build the performance, the filmmakers used archival footage, photographs, and voice recordings of the actor. Coerte Voorhees, who…
AmEx To Acquire Hyper In Strategic AI Expansion American Express announced on Thursday that it will acquire Hyper, an artificial intelligence focused expense management startup backed by OpenAI chief executive Sam Altman. The move highlights how major financial institutions are accelerating efforts to integrate artificial intelligence into essential business software. The acquisition reflects a broader shift across the financial sector. Companies are increasingly adopting AI to streamline operations, particularly in areas such as expense management. These processes often involve repetitive approvals, compliance checks, and manual data entry, all of which AI can automate more efficiently. AI Driving Structural Change In…
DoT And SEBI Partner To Combat Securities Market Scams In a major step to strengthen the security of India’s financial ecosystem, the Department of Telecommunications and the Securities and Exchange Board of India have entered into a strategic partnership. The two institutions signed a Memorandum of Understanding to enhance cooperation in tackling the misuse of telecom resources in securities market frauds and investment-related scams. The agreement reflects a growing need to address the increasing sophistication of financial frauds in a rapidly digitising economy. Therefore, it aims to establish stronger coordination between telecom intelligence systems and financial market regulators. Data Sharing…
Autonomous Delivery Could Transform Food Industry Economics Autonomous food delivery robots and drones could significantly reduce costs, potentially lowering expenses to as little as $1 per order. According to Barclays, this shift could unlock billions in profits for the global food delivery industry. At present, delivery platforms are increasingly exploring automation to improve efficiency and margins. This transition reflects a broader strategic move towards reducing reliance on human labour while scaling operations more effectively. Strategic Shift Towards Automation Major global platforms, including DoorDash, are partnering with autonomous delivery operators. These collaborations mainly involve sidewalk delivery robots and drones, which are…
Ethanol Plant Protests Rise Over Expansion in India Ethanol plant protests are spreading across rural India as communities push back against proposed production plants. These projects aim to reduce the country’s dependence on oil and gas imports. However, many villagers fear the developments will strain water supplies, damage land, and harm public health. India imports a large share of its energy, which has led policymakers to prioritise ethanol as part of clean energy goals. Additionally, global instability affecting oil supply has increased the urgency of strengthening domestic energy security. As a result, the government has significantly increased ethanol blending in…
Apple Faces Stock Shortages Amid Global RAM Crisis Apple is facing growing supply challenges as several high-end configurations of its latest desktop computers have become unavailable. Multiple RAM-heavy versions of the Mac Mini and Mac Studio are currently out of stock on the company’s online store, with no clear timeline for their return. The unavailable configurations include 32GB and 64GB RAM options for the Mac Mini, alongside 128GB and 256GB versions for the Mac Studio. Meanwhile, the remaining models are subject to extended shipping delays, with delivery estimates stretching up to 18 weeks. Global RAM Shortage Drives Constraints The issue…
Meta Restructures Workforce To Prioritise AI Engineering Meta is reorganising its workforce by shifting top software engineers into a newly formed artificial intelligence unit, according to an internal memo. This move forms part of a broader strategy as the company prepares for significant layoffs while increasing its focus on AI development. The new division, known as Applied AI Engineering, was established last month. Employees selected for transfer are being notified this week. Initially, participation in the unit was voluntary. However, the company has now made it clear that these transfers are mandatory as it scales the team. Mandatory Transfers Reflect…