Telugu superstar Allu Arjun and his family launched Allu Cinemas in March 2026 at Allu Studios in Kokapet, Hyderabad. It is a Dolby cinema and a premium multiplex. It offers a 75-foot Dolby Cinema screen, 4K dual laser projection, 644 stadium-style seats, and Solar powered entertainment. Allu Arjun, who also owns AAA Cinemas, launched his…
U.S. House lawmakers are demanding representatives from Instructure, the twice-hacked education software maker, testify about the company’s response to cyberattacks that allowed hackers to steal the personal data of millions of students worldwide. The House Homeland Security Committee is investigating the hacks and data breach as it has jurisdiction over government activities relating to homeland…
The Securities and Exchange Commission officially proposed last week to weaken the quarterly reporting standards for publicly traded companies. So far, public comments submitted to the financial regulator about the idea are overwhelmingly negative. But the best objection was filed yesterday by the popular subreddit, WallStreetBets. The community of “approximately 18 million retail investors on…
Another year, another massive influx of capital for Anduril: The funding round that was rumored to be in process in March has officially closed. Anduril has raised a $5 billion Series H round at a $61 billion valuation, led by returning investors Thrive Capital and Andreessen Horowitz, the company announced Wednesday. This is more than…
While AI is now being applied to everything from healthcare to customer support, no single use case has yet been nearly as popular or lucrative as code writing. Jack Newton, co-founder and CEO of Clio, a Canadian law firm management software company, is convinced that legal tech is poised to be the next big winner…
Campbell Brown has spent her career chasing accurate information, first as a renowned TV journalist, then as Facebook’s first, and only, dedicated news chief. Now, watching AI reshape how people consume information, she sees history threatening to repeat itself. This time, she’s not waiting for someone else to fix it. Her company, Forum AI —…
Electronics manufacturing giant Foxconn, which makes devices and components for Apple, Google, Nvidia, and Sony, among other tech giants, confirmed on Monday that it was hit by a cyberattack that may have affected some of its factories. In a statement sent to media outlets, Foxconn said that the cyberattack affected facilities in North America and…
As AI begins to interact with the physical world, new types of labs are working to build world models that could be used to operate physical robotics or model objects in physical space. Unlike large language models, there isn’t an easy source of data for those models, which has left many labs scrambling to assemble…
In May 2023, OpenAI CEO Sam Altman was sworn in and testified before Congress about the regulation of artificial intelligence. Senator John Kennedy of Louisiana heard his ideas about licensing advanced models and asked if Altman might be qualified to run a hypothetical AI regulatory agency. “I love my current job,” Altman said, to titters….
Rivian’s spinoff company Mind Robotics has raised another $400 million, just two months after raising $500 million, as it works to develop industrial robotics that can further automate factory operations. The funding round, first reported by the Wall Street Journal, was led by Kleiner Perkins. The venture arms of Volkswagen, which is partnered with Rivian…