Rocket Drew

San Francisco

Writer at The Information

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Articles

AI Cleaning Robot Firm Raises $800 Million to Sell Machines For a Low Monthly Cost

1 week ago | theinformation.com | Rocket Drew

Demand is rising for AI-powered robots that can clean offices or roll around moving items from one part of a building to another, allowing businesses to save on labor costs. But the upfront costs of these robots, which can cost hundreds of thousands of dollars apiece, can put them out of reach. Now, financiers are stepping in to front the cost of these machines.
23andMe Founder Wojcicki Agrees to Pay $305 Million to Buy Bankrupt Business

2 weeks ago | theinformation.com | Rocket Drew

Source: The InformationAnne Wojcicki, the co-founder and former CEO of 23andMe, will purchase the bankrupt company’s assets for $305 million, the genetic testing company said Friday. Regeneron Pharmaceuticals had agreed to pay $256 million for the bankruptcy assets last month, but the bankruptcy court held a final round of bidding on Friday for the assets, which include the company’s personal genome testing business, as well as its telehealth arm Lemonaid Health.
Musk Asks Court to Dismiss OpenAI’s Countersuit, Again

2 weeks ago | theinformation.com | Rocket Drew

Source: The InformationLawyers for Elon Musk asked the court overseeing his breach of charitable trust lawsuit against OpenAI to dismiss OpenAI’s countersuit against him in a court filing Wednesday evening for the second time. OpenAI previously alleged that Musk engaged in unfair competition and “tortious interference” by submitting a $97.4 billion bid to buy the assets of the charity that owns OpenAI’s business, in the event that OpenAI proceeds with its planned corporate restructuring.
Microsoft, OpenAI Ask Court to Dismiss Musk’s RICO Claims

3 weeks ago | theinformation.com | Rocket Drew

Source: The InformationLawyers for Microsoft and OpenAI filed documents Thursday evening asking the court overseeing Elon Musk’s breach of charitable trust lawsuit against them to dismiss claims they violated the Racketeer Influenced and Corrupt Organizations Act. The federal court for the Northern district of California previously dismissed Musk’s claims that OpenAI and Microsoft committed RICO violations by accepting donations from Musk based on false charitable premises.
The Chinese Tech Behind Amazon’s Humanoid Robots

3 weeks ago | theinformation.com | Rocket Drew

It was only a matter of time before Amazon, a heavyweight in robotic automation, went full bore into humanoid robots powered by artificial intelligence. As I scooped late Wednesday, the company is almost done setting up an indoor obstacle course to test such robots at one of its San Francisco offices in hopes of eventually setting them loose to deliver packages to customers’ doorsteps.
Amazon to Test Robots for Delivering Packages

3 weeks ago | theinformation.com | Rocket Drew

Source: The InformationAmazon is gearing up to test humanoid robots that walk on two legs to deliver packages, The Information reported Wednesday. The company has set up an indoor obstacle course to test robots from a variety of companies, including Unitree, a Chinese robot producer. Eventually, humanoid robots could ride in Amazon’s electric Rivian delivery vans and autonomously deliver packages.
Amazon Prepares to Test Humanoid Robots for Delivering Packages

3 weeks ago | theinformation.com | Rocket Drew

Amazon is developing software for humanoid robots that could eventually take the jobs of delivery workers, according to a person who has been involved in the effort. In doing so, Amazon is paving the way to automate a major part of its operation, the delivery of parcels around the world. As part of the project, Amazon is putting the finishing touches on a “humanoid park,” an indoor obstacle course at one of the company’s San Francisco offices where it will soon test such robots, this person said.
More Tech Leaders are Learning that AI Cannot Replace Humans - Efficiency and Accuracy Are Actually Getting Worse

3 weeks ago | healthimpactnews.com | Ann Gehan |Rocket Drew |Brian Shilhavy |Martin Peers

by Brian ShilhavyEditor, Health Impact NewsWhen I began writing about the AI bubble and the future Big Tech collapse at the end of 2022 with the launch of ChatGPT’s first LLM (Large Language Models) AI app, I was just one of a handful of writers who have worked in Technology that was warning the public about the dangers of relying on this “new” technology.
Revenue at OpenAI Vendor Vercel Nearly Doubles in Past Year

3 weeks ago | theinformation.com | Rocket Drew

Among privately held firms, there’s no beating OpenAI when it comes to generating revenue from selling artificial intelligence. But startups selling the digital picks and shovels of the AI gold rush, including to OpenAI and other AI developers, are doing OK too. The latest example is Vercel, a cloud service companies use to develop artificial intelligence and commerce applications and websites.
Uber Appoints First COO Since 2019

3 weeks ago | theinformation.com | Rocket Drew

Source: BloombergUber is promoting Andrew Macdonald from senior vice president of mobility and business operations to the position of president and chief operating officer, a role that has not been filled at the rideshare startup since 2019, Bloomberg reported. Macdonald will succeed Pierre-Dimitri Gore-Coty, who served as senior vice president for Uber’s delivery business. The move could help unify Uber’s mobility and delivery divisions.