Tesla is Luminar’s largest lidar customer
Tesla CEO Elon Musk has said that lidar sensors are a “crutch” for autonomous vehicles. But his company has bought so many from Luminar that Tesla is now the lidar-maker’s top customer. Tesla accounted for “more than 10%” of Luminar’s revenue in the first quarter of 2024, or a little
Read moreTesla bought over $2 million worth of lidar sensors from Luminar this year
EMBARGO: June 15, 2021, 10:30am ET | Image: Andrew J. Hawkins / The Verge Elon Musk doesn’t like lidar, the laser sensor that powers many companies’ self-driving ambitions. He previously called it a “crutch” and said any company that relies on lidar for its autonomous capabilities was “doomed.” Well, apparently
Read moreBrandywine Realty Trust says data stolen in ransomware attack
U.S. realty trust giant Brandywine Realty Trust has confirmed a cyberattack that resulted in the theft of data from its network. In a filing with regulators on Tuesday, the Philadelphia-based Brandywine described the cybersecurity incident as unauthorized access and the “deployment of encryption” on its internal corporate IT systems, consistent
Read moreRivian loses $1.45 billion as cost-cutting measures continue
Rivian lost $1.45 billion in the first quarter, showing that its recent company-wide cost-cutting measures have a ways to go before it can approach profitability. The EV-maker brought in $1.2 billion in revenue in the period, coming in just under its record haul from the prior quarter, according to its
Read moreMeta’s AI tools for advertisers can now create full new images, not just new backgrounds
Meta claims that it has strong guardrails in place to prevent its system from generating inappropriate ad content or low-quality images. © 2024 TechCrunch. All rights reserved. For personal use only.
Read moreHow a sound engineer builds coding skills on CodeSignal Learn
Whether you’re trying to break into tech, prepare for the job search, or level up in your current role, it helps to know that you’re not alone in your journey to build your technical skills. That’s why we’re sharing stories from learners like you: to motivate and inspire others in
Read moreBiden signs bill to protect children from online sexual abuse and exploitation
On April 29, Senators Jon Ossoff (D-GA) and Marsha Blackburn (R-SC) proposed a bipartisan bill to protect children from online sexual exploitation. President Biden officially signed the REPORT Act into law on Tuesday. This marks the first time that websites and social media platforms are legally obligated to report crimes
Read moreCrypto? AI? Internet co-creator Robert Kahn already did it… decades ago
Robert Kahn has been a consistent presence on the Internet since its creation — obviously, since he was its co-creator. But like many tech pioneers his resumé is longer than that and in fact his work prefigured such ostensibly modern ideas as AI agents and blockchain. TechCrunch chatted with Kahn
Read moreBedrock Studio is Amazon’s attempt to simplify generative AI app development
Amazon is launching a new tool, Bedrock Studio, designed to let organizations experiment with generative AI models, collaborate on those models, and ultimately build generative AI-powered apps. Available in public preview starting today, the web-based Bedrock Studio — a part of Bedrock, Amazon’s generative AI tooling and hosting platform —
Read moreA comprehensive list of 2024 tech layoffs
The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the
Read more