Mexican fintech firm Kapital may go public within three years, according to CEO Rene Saul. He mentioned plans for a possible dual listing in both Mexico and the US. Kapital recently became a unicorn, valued over $1 billion, after raising…
The Martin Trust Center for MIT Entrepreneurship announced that Ana Bakshi has been named its new executive director. Bakshi stepped into the role at the start of the fall semester and will collaborate closely with the managing director, Ethernet Inventors Professor…
The new TX-Generative AI Next (TX-GAIN) computing system at the Lincoln Laboratory Supercomputing Center (LLSC) is the most powerful AI supercomputer at any U.S. university. With its recent ranking from TOP500, which biannually publishes a list of the top supercomputers in…
A team at Microsoft says it used artificial intelligence to discover a “zero day” vulnerability in the biosecurity systems used to prevent the misuse of DNA. These screening systems are designed to stop people from purchasing genetic sequences that could…
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. EV tax credits are dead in the US. Now what? Federal EV tax credits in the US officially…
On Wednesday, federal EV tax credits in the US officially came to an end. Those credits, expanded and extended in the 2022 Inflation Reduction Act, gave drivers up to $7,500 in credits toward the purchase of a new electric vehicle.…
In late 2023, a long-trusted virtualization staple became the biggest open question on the enterprise IT roadmap. Amid concerns of VMware licensing changes and steeper support costs, analysts noticed an exodus mentality. Forrester predicted that one in five large VMware…
Microsoft has promoted Judson Althoff to CEO of its commercial business, letting Satya Nadella focus more on tech and AI. Althoff will lead a new group combining sales, marketing, and operations. Nadella says this change helps Microsoft push ahead in…
Elon Musk’s net worth surged to nearly $500 billion, making him the first person in history to reach this milestone. This was primarily driven by a rebound in Tesla’s shares and the increasing valuations of his AI startup xAI and…
Yahoo is close to selling AOL to Italy’s Bending Spoons for around $1.4 billion, say insiders. The Milan tech firm may soon own the once-iconic internet brand. Talks are ongoing, and nothing is final yet. The sale would mark another…