The growing use of AI and machine learning in financial services globally can lead to financial stability risks and warrants adequate risk mitigation practices by banks, the Governor of the Reserve Bank of India said on Monday. From a report: "The heavy reliance of AI can lead to concentration risks, especially when a small number of technology providers dominate the market," Shaktikanta Das said at an event in New Delhi. This could amplify systemic risks as failures or disruptions in these systems may cascade across the financial sector, Das added.

India's financial service providers are using AI to enhance customer experience, reduce costs, manage risks and drive growth through chatbots and personalised banking. The growing use of AI introduces new vulnerabilities like increased susceptibility to cyber attacks and data breaches, Das said. AI's "opacity" makes it difficult to audit and interpret algorithms which drive lender's decisions and could potentially lead to "unpredictable consequences in the market," he warned.

The Internet Archive has resumed operations in a read-only state following a cyberattack that took the digital library offline on October 9, coupled with the theft of 31 million user authentication records. "Safe to resume but might need further maintenance, in which case it will be suspended again," said Brewster Kahle, Internet Archive's founder. The website is currently now allowing users to save pages.

Meta senior research Yann LeCun (also a professor at New York University) told the Wall Street Journal that worries about AI threatening humanity are "complete B.S." When a departing OpenAI researcher in May talked up the need to learn how to control ultra-intelligent AI, LeCun pounced. "It seems to me that before 'urgently figuring out how to control AI systems much smarter than us' we need to have the beginning of a hint of a design for a system smarter than a house cat," he replied on X. He likes the cat metaphor. Felines, after all, have a mental model of the physical world, persistent memory, some reasoning ability and a capacity for planning, he says. None of these qualities are present in today's "frontier" AIs, including those made by Meta itself.
LeCun shared a Turing Award with Geoffrey Hinton and Hoshua Bengio (who hopes LeCun is right, but adds "I don't think we should leave it to the competition between companies and the profit motive alone to protect the public and democracy. That is why I think we need governments involved.")

But LeCun still believes AI is a very powerful tool — even as Meta joins the quest for artificial general intelligence: Throughout our interview, he cites many examples of how AI has become enormously important at Meta, and has driven its scale and revenue to the point that it's now valued at around $1.5 trillion. AI is integral to everything from real-time translation to content moderation at Meta, which in addition to its Fundamental AI Research team, known as FAIR, has a product-focused AI group called GenAI that is pursuing ever-better versions of its large language models. "The impact on Meta has been really enormous," he says.

At the same time, he is convinced that today's AIs aren't, in any meaningful sense, intelligent — and that many others in the field, especially at AI startups, are ready to extrapolate its recent development in ways that he finds ridiculous... OpenAI's Sam Altman last month said we could have Artificial General Intelligence within "a few thousand days...." But creating an AI this capable could easily take decades, [LeCun] says — and today's dominant approach won't get us there.... His bet is that research on AIs that work in a fundamentally different way will set us on a path to human-level intelligence. These hypothetical future AIs could take many forms, but work being done at FAIR to digest video from the real world is among the projects that currently excite LeCun. The idea is to create models that learn in a way that's analogous to how a baby animal does, by building a world model from the visual information it takes in.
In contrast, today's AI models "are really just predicting the next word in a text, he says... And because of their enormous memory capacity, they can seem to be reasoning, when in fact they're merely regurgitating information they've already been trained on."

America's electric vehicle subsidies brought a 2-to-1 return on investment, according to a paper by the National Bureau of Economic Research. "That includes environmental benefits, but mostly reflects a shift of profits to the United States," reports the New York Times. "Before the climate law, tax credits were mainly used to buy foreign-made cars." "What the [subsidy legislation] did was swing the pendulum the other way, and heavily subsidized American carmakers," said Felix Tintelnot, an associate professor of economics at Duke University who was a co-author of the paper. Those benefits were undermined, however, by a loophole allowing dealers to apply the subsidy to leases of foreign-made electric vehicles. The provision sends profits to non-American companies, and since those foreign-made vehicles are on average heavier and less efficient, they impose more environmental and road-safety costs. Also, the researchers estimated that for every additional electric vehicle the new tax credits put on the road, about three other electric vehicle buyers would have made the purchases even without a $7,500 credit. That dilutes the effectiveness of the subsidies, which are forecast to cost as much as $390 billion through 2031.
The chief economist at Cox Automotive (which provided some of the data) tells the Times that "we could do better", but adds that the subsidies were "worth the money invested". But of course, that depends partly on how benefits were calculated: [U]ing the Environmental Protection Agency's "social cost of carbon" metric, they calculated the dollar cost of each model's lifetime carbon emissions from both manufacturing and driving. On average, emissions by gas-powered vehicles impose 57% greater costs than electric vehicles. The study then calculated harms from air pollution other than greenhouse gases — smog, for example. That's where electric vehicles start to perform relatively poorly, since generating the electricity for them still creates pollution. Those harms will probably fade as more wind and solar energy comes online, but they are significant. Finally, the authors added the road deaths associated with heavier cars. Batteries are heavy, so electric vehicles — especially the largest — are likelier to kill people in crashes.

Totaling these costs and then subtracting fiscal benefits through gas taxes and electricity bills, electric vehicles impose $16,003 in net harms, the authors said, while gas vehicles impose $19,239. But the range is wide, with the largest electric vehicles far outpacing many internal combustion cars.
By this methodology, a large electric pickup like the Rivian imposes three times the harms of a Prius, according to one of the study's co-authors (a Stanford professor of global environmental). And yet "we are subsidizing the Rivian and not the Prius..."

The Wall Street Journal reports on a "suspicious fleet of unidentified aircraft... as many as a dozen or more" that appeared in Virginia 10 months ago "over an area that includes the home base for the Navy's SEAL Team Six and Naval Station Norfolk, the world's largest naval port." The article notes this was just 10 months after the U.S. shot down a Chinese spy balloon...

After watching the drones — some "roughly 20 feet long and flying at more than 100 miles an hour" — there were weeks of meetings where "Officials from agencies including the Defense Department, Federal Bureau of Investigation and the Pentagon's UFO office joined outside experts to throw out possible explanations as well as ideas about how to respond..." Federal law prohibits the military from shooting down drones near military bases in the U.S. unless they pose an imminent threat. Aerial snooping doesn't qualify, though some lawmakers hope to give the military greater leeway...

Drone incursions into restricted airspace was already worrying national-security officials. Two months earlier, in October 2023, five drones flew over a government site used for nuclear-weapons experiments. The Energy Department's Nevada Nuclear Security Site outside Las Vegas detected four of the drones over three days. Employees spotted a fifth. U.S. officials said they didn't know who operated the drones in Nevada, a previously unreported incursion, or for what reason. A spokeswoman said the facility has since upgraded a system to detect and counter drones...

Over 17 days, the [Virginia] drones arrived at dusk, flew off and circled back... They also were nearly impossible to track, vanishing each night despite a wealth of resources deployed to catch them. Gen. Glen VanHerck, at the time commander of the U.S. Northern Command and the North American Aerospace Defense Command, said drones had for years been spotted flying around defense installations. But the nightly drone swarms over Langley [Air Force base], he said, were unlike any past incursion...

Analysts learned that the smaller quadcopters didn't use the usual frequency band available for off-the-shelf commercial drones — more evidence that the drone operators weren't hobbyists.
"Langley officials canceled nighttime training missions, worried about potential collisions with the drone swarm, and moved the F-22 jet fighters to another base... On December 23, the drones made their last visit."

But toward the end of the article, it notes that "In January, authorities found a clue they hoped would crack the case." It was a student at the University of Minnesota named Fengyun Shi — who was reported flying a drone on a rainy morning near a Virginia shipyard that builds nuclear submarines and aircraft carriers. Their drone got stuck in a tree, and ended up with federal investigators who found "Shi had photographed Navy vessels in dry dock, including shots taken around midnight. Some were under construction at the nearby shipyard." On Jan. 18, federal agents arrested Shi as he was about to board a flight to China on a one-way ticket. Shi told FBI agents he was a ship enthusiast and hadn't realized his drone crossed into restricted airspace. Investigators weren't convinced. but found no evidence linking him to the Chinese government. They learned he had bought the drone on sale at a Costco in San Francisco the day before he traveled to Norfolk. U.S. prosecutors charged Shi with unlawfully taking photos of classified naval installations, the first case involving a drone under a provision of U.S. espionage law. The 26-year-old Chinese national pleaded guilty and appeared in federal court in Norfolk on Oct. 2 for sentencing. Magistrate Judge Lawrence Leonard said he didn't believe Shi's story — that he had been on vacation and was flying drones in the middle of the night for fun. "There's significant holes," the judge said in court.

"If he was a foreign agent, he would be the worst spy ever known," said Shi's attorney, Shaoming Cheng. "I'm sorry about what happened in Norfolk," Shi said before he was sentenced to six months in federal prison.
But "U.S. officials have yet to determine who flew the Langley drones or why..."

"U.S. officials confirmed this month that more unidentified drone swarms were spotted in recent months near Edwards Air Force Base, north of Los Angeles."

Meta's Oversight Board "is spinning off a new appeals center," reports the Washington Post, "to handle content disputes from European social media users on multiple platforms".

It will operate under Europe's Digital Services Act, "which requires tech companies to allow users to appeal restrictions on their accounts before an independent group of experts." "I think this is really a game changer," Appeals Centre Europe CEO Thomas Hughes said in an interview. "It could really drive platform accountability and transparency."

The expansion arrives as the Oversight Board, an independent collection of academics, experts and lawyers funded by Meta, has been seeking to expand its influence beyond the social media giant... [The Board] has tried for years to court other major internet companies, offering to help them referee debates about content, The Post has reported...

Oversight Board members and Oversight Board Trust Chairman Stephen Neal said in statements that both the Appeals Centre Europe and the Oversight Board will play critical but complimentary roles in holding tech companies accountable for their decisions on content. "Both entities are committed to improving user redress, transparency and upholding users' rights online," Neal said...

Hughes, who used to be the Oversight Board's administration director, said that he was "proud" of what the Oversight Board is accomplishing but that it is different from what the Appeals Centre Europe will offer. When Facebook, YouTube or TikTok removes a post, European social media users will be able to appeal the decision to the center. Users also will also be able to flag the center with posts they think violate the rules but were not removed. While the Appeals Centre Europe's decisions will be nonbinding, the group will generate data that could power decisions by regulators, civil society groups and the general public, Hughes said. By contrast, the Oversight Board's decisions on Meta content are binding.
Last year the original Oversight Board completed more than 50 cases, "and is on track to exceed that number in 2024," according to the article. But this board is different, CEO Hughes told the Post. They'll have about two dozen staffers, with expertise in human rights and tech policy — or fluency in various languages.

And he added that though the center is funded by an initial grant, future operating costs will be covered by the fees social media companies pay the appeal center — roughly 90 euros ($100) per case.

Former Ukranian officer Serhii "Flash" Beskrestnov created a Signal channel where military communications specialists could talk with civilian radio experts, reports MIT's Technology Review. But radio communications are crucial for drones, so... About once a month, he drives hundreds of kilometers east in a homemade mobile intelligence center: a black VW van in which stacks of radio hardware connect to an array of antennas on the roof that stand like porcupine quills when in use. Two small devices on the dash monitor for nearby drones. Over several days at a time, Flash studies the skies for Russian radio transmissions and tries to learn about the problems facing troops in the fields and in the trenches.

He is, at least in an unofficial capacity, a spy. But unlike other spies, Flash does not keep his work secret. In fact, he shares the results of these missions with more than 127,000 followers — including many soldiers and government officials — on several public social media channels. Earlier this year, for instance, he described how he had recorded five different Russian reconnaissance drones in a single night — one of which was flying directly above his van... Drones have come to define the brutal conflict that has now dragged on for more than two and a half years. And most rely on radio communications — a technology that Flash has obsessed over since childhood. So while Flash is now a civilian, the former officer has still taken it upon himself to inform his country's defense in all matters related to radio...

Flash has also become a source of some controversy among the upper echelons of Ukraine's military, he tells me. The Armed Forces of Ukraine declined multiple requests for comment, but Flash and his colleagues claim that some high-ranking officials perceive him as a security threat, worrying that he shares too much information and doesn't do enough to secure sensitive intel... [But] His work has become greatly important to those fighting on the ground, and he recently received formal recognition from the military for his contributions to the fight, with two medals of commendation — one from the commander of Ukraine's ground forces, the other from the Ministry of Defense...

And given the mounting evidence that both militaries and militant groups in other parts of the world are now adopting drone tactics developed in Ukraine, it's not only his country's fate that Flash may help to determine — but also the ways that armies wage war for years to come.
He's also written guides on building cheap anti-drone equipment...

"Boeing said Friday it will cull 10 percent of its workforce — roughly 17,000 jobs," reports the Washington Post, "as the aviation giant grapples with mounting losses and manufacturing disruptions amid a machinists strike that has dragged into a fifth week." Executives, managers and production employees will be affected by the cuts, chief executive Kelly Ortberg informed employees Friday in a memo. Boeing will also delay the launch of its 777X plane until 2026 due to ongoing challenges, Ortberg wrote... The layoffs add to the pain at Boeing, where a stalemate between the company's largest employee union dovetails with ongoing legal troubles and safety woes. The strike has halted production of some of the company's best-selling jets, further adding to its financial troubles. In the past five years, Boeing has lost more than $25 billion...

"Our business is in a difficult position, and it is hard to overstate the challenges we face together," Ortberg said in the memo. "The state of our business and our future recovery require tough actions...." Now at risk of a downgrade to its credit rating as its circumstances worsen, Boeing has taken other steps to reduce expenses, including imposing a hiring freeze and eliminating unnecessary travel.
"The strike by Boeing machinists is costing the company roughly $1 billion a month, according to estimates from S&P Global..."

The PC market is not showing many signs of a rebound, despite the hype around AI PCs, with market watchers split over whether unit shipments are up or down slightly. From a report: Those magical AI PC boxes were supposed to fire up buyer enthusiasm and spur the somewhat listless market for desktop and laptop systems into significant growth territory, but that doesn't appear to be happening. According to the latest figures from Gartner, global PC shipments totaled 62.9 million units during Q3 of this year, representing a 1.3 percent decline compared with the same period last year. However, this does follow three consecutive quarters of modest growth.

"Even with a full line-up of Windows-based AI PCs for both Arm and x86 in the third quarter of 2024, AI PCs did not boost the demand for PCs since buyers have yet to see their clear benefits or business value," commented Gartner Director Analyst Mikako Kitagawa. This is perhaps understandable when AI PCs are largely just a marketing concept, and vendors can't agree on exactly what the the definition of an AI PC should be. Even worse, some buyers of Arm-based Copilot+ machines discovered that their performance isn't actually very good with some applications.

Imgur announced changes to its content moderation policies, no longer classifying memes with adult humor as mature. Going forward, only memes with sexualized or lewd content will receive the mature tag. The Verge reports: Imgur is making the changes after it collected feedback about its content moderation over the course of this year, including that its policies, "especially surrounding mature content, feel inconsistently applied, too subjective, or just rather confusing as a whole," according to a post from Imgur product manager Martyn O'Neill. Now, mature content consists "solely of sexualized or 'lewd'" content.

Following the adjustments, O'Neill says that "warnings / post removals" are down nearly 35 percent month over month. Far fewer posts are being marked as mature as well; that stat has declined by almost 50 percent.

Bluesky, the decentralized social network cofounded by Jack Dorsey, created a Threads account to court users frustrated by Meta's moderation issues. Thurrott reports: This week, the Bluesky team also used Threads to share some tips on how to get started on Bluesky, how to get more engagement, and more. The company also emphasized its decentralized structure and more extensive customization options, with the app recently introducing a new theme font, adjustable font sizing, and the ability to pin posts on top of profiles.

Bluesky also couldn't resist to engage in some strange trolling this week. "We're not like the other girls ... we're not owned by a billionaire," the team wrote on Threads yesterday. Of course, this the post that got the most engagement on the Bluesky Threads account with close to 500 comments as of this writing.

An anonymous reader quotes a report from NPR : For the first time, internal TikTok communications have been made public that show a company unconcerned with the harms the app poses for American teenagers. This is despite its own research validating many child safety concerns. The confidential material was part of a more than two-year investigation into TikTok by 14 attorneys general that led to state officials suing the company on Tuesday. The lawsuit alleges that TikTok was designed with the express intention of addicting young people to the app. The states argue the multi-billion-dollar company deceived the public about the risks. In each of the separate lawsuits state regulators filed, dozens of internal communications, documents and research data were redacted -- blacked-out from public view -- since authorities entered into confidentiality agreements with TikTok.

But in one of the lawsuits, filed by the Kentucky Attorney General's Office, the redactions were faulty. This was revealed when Kentucky Public Radio copied-and-pasted excerpts of the redacted material, bringing to light some 30 pages of documents that had been kept secret. A group of more than a dozen states sued TikTok on Tuesday, alleging the app was intentionally designed to addict teens, something authorities say is a violation of state consumer protection laws. After Kentucky Public Radio published excerpts of the redacted material, a state judge sealed the entire complaint following a request from the attorney general's office "to ensure that any settlement documents and related information, confidential commercial and trade secret information, and other protected information was not improperly disseminated," according to an emergency motion to seal the complaint filed on Wednesday by Kentucky officials.

NPR reviewed all the portions of the suit that were redacted, which highlight TikTok executives speaking candidly about a host of dangers for children on the wildly popular video app. The material, mostly summaries of internal studies and communications, show some remedial measures -- like time-management tools -- would have a negligible reduction in screen time. The company went ahead and decided to release and tout the features. Separately, under a new law, TikTok has until January to divest from its Chinese parent company, ByteDance, or face a nationwide ban. TikTok is fighting the looming crackdown. Meanwhile, the new lawsuits from state authorities have cast scrutiny on the app and its ability to counter content that harms minors.

An anonymous reader quotes a report from TechCrunch: In late September, Shield AI cofounder Brandon Tseng swore that weapons in the U.S. would never be fully autonomous -- meaning an AI algorithm would make the final decision to kill someone. "Congress doesn't want that," the defense tech founder told TechCrunch. "No one wants that." But Tseng spoke too soon. Five days later, Anduril cofounder Palmer Luckey expressed an openness to autonomous weapons -- or at least a heavy skepticism of arguments against them. The U.S.'s adversaries "use phrases that sound really good in a sound bite: Well, can't you agree that a robot should never be able to decide who lives and dies?" Luckey said during a talk earlier this month at Pepperdine University. "And my point to them is, where's the moral high ground in a landmine that can't tell the difference between a school bus full of kids and a Russian tank?"

When asked for further comment, Shannon Prior, a spokesperson for Anduril said that Luckey didn't mean that robots should be programmed to kill people on their own, just that he was concerned about "bad people using bad AI." In the past, Silicon Valley has erred on the side of caution. Take it from Luckey's cofounder, Trae Stephens. "I think the technologies that we're building are making it possible for humans to make the right decisions about these things," he told Kara Swisher last year. "So that there is an accountable, responsible party in the loop for all decisions that could involve lethality, obviously." The Anduril spokesperson denied any dissonance between Luckey (pictured above) and Stephens' perspectives, and said that Stephens didn't mean that a human should always make the call, but just that someone is accountable.

Last month, Palantir co-founder and Anduril investor Joe Lonsdale also showed a willingness to consider fully autonomous weapons. At an event hosted by the think tank Hudson Institute, Lonsdale expressed frustration that this question is being framed as a yes-or-no at all. He instead presented a hypothetical where China has embraced AI weapons, but the U.S. has to "press the button every time it fires." He encouraged policymakers to embrace a more flexible approach to how much AI is in weapons. "You very quickly realize, well, my assumptions were wrong if I just put a stupid top-down rule, because I'm a staffer who's never played this game before," he said. "I could destroy us in the battle."

When TC asked Lonsdale for further comment, he emphasized that defense tech companies shouldn't be the ones setting the agenda on lethal AI. "The key context to what I was saying is that our companies don't make the policy, and don't want to make the policy: it's the job of elected officials to make the policy," he said. "But they do need to educate themselves on the nuance to do a good job." He also reiterated a willingness to consider more autonomy in weapons. "It's not a binary as you suggest -- 'fully autonomous or not' isn't the correct policy question. There's a sophisticated dial along a few different dimensions for what you might have a soldier do and what you have the weapons system do," he said. "Before policymakers put these rules in place and decide where the dials need to be set in what circumstance, they need to learn the game and learn what the bad guys might be doing, and what's necessary to win with American lives on the line." [...] "For many in Silicon Valley and D.C., the biggest fear is that China or Russia rolls out fully autonomous weapons first, forcing the U.S.'s hand," reports TechCrunch. "At the Hudson Institute event, Lonsdale said that the tech sector needs to take it upon itself to 'teach the Navy, teach the DoD, teach Congress' about the potential of AI to 'hopefully get us ahead of China.' Lonsdale's and Luckey's affiliated companies are working on getting Congress to listen to them. Anduril and Palantir have cumulatively spent over $4 million in lobbying this year, according to OpenSecrets."

penciling_in writes: Ukrainian authorities have arrested a 28-year-old man in Khmelnytskyi for running an illegal VPN service that allowed users to bypass Ukrainian sanctions and access the Russian internet (Runet). The VPN, active since Russia's invasion, enabled Russian sympathizers and people in occupied territories to reach blocked Russian government sites, social media, and news.

Handling over 100GB of data daily and linking to 48 million Russian IP addresses, the VPN may have been exploited by Russian intelligence. Ukrainian cyber police, in collaboration with the National Security Service, seized servers and equipment in multiple locations. The suspect faces charges under Part 5 of Article 361 of Ukraine's Criminal Code, which could lead to a 15-year prison sentence. Investigations are ongoing into further connections and funding sources. The case highlights the growing role of VPNs in the ongoing cyberwar between Ukraine and Russia.

Former Google CEO Eric Schmidt urged prioritizing AI infrastructure over climate goals at a Washington AI summit this week. Schmidt, who led Google until 2011, argued that AI's rapid growth will outpace environmental mitigation efforts. "We're not going to hit the climate goals anyway because we're not organized to do it," Schmidt told attendees, addressing concerns about AI's surging energy demands.

Data centers powering AI are projected to consume 35 gigawatts annually by 2030, up from 17 gigawatts in 2023, according to McKinsey. Schmidt, now heading AI drone company White Stork, suggested AI could ultimately solve climate issues, stating, "I'd rather bet on AI solving the problem than constraining it."

OpenAI's GPT Store, launched in January 2024, has failed to deliver on promised revenue-sharing for most small developers. Despite CEO Sam Altman's earlier statements about paying creators, only a select few have been invited to a pilot program, Wired is reporting.

Developers like Josh Brent Villocido, whose Books GPT was featured at launch, remain excluded from monetization opportunities. Many GPT creators report lack of analytics and unclear performance metrics. Some have devised workarounds, placing affiliate links or ads within their GPTs.

In a rare disclosure, the U.S. Space Force announced that its secretive X-37B spaceplane will execute a series of maneuvers before returning back to Earth. SpaceNews reports: The reusable spacecraft, which has been in orbit since December 28, 2023, will perform aerobraking maneuvers to alter its trajectory around Earth, the Space Force said Oct. 10. This technique involves making multiple passes through the planet's upper atmosphere, using atmospheric drag to modify the vehicle's orbit while conserving fuel. These maneuvers also are intended to showcase responsible space operations, the Space Force said. The aerobraking enables the spaceplane to change orbits and comply with space debris mitigation rules by safely discarding the service module.

The X-37B, manufactured by Boeing, is jointly operated by the U.S. Space Force and the Air Force Rapid Capabilities Office. Since its launch aboard a SpaceX Falcon Heavy rocket from NASA's Kennedy Space Center in Florida, the spaceplane has been conducting radiation effect experiments and testing space domain awareness technologies in a highly elliptical orbit. [...] After completing its aerobraking maneuvers, the X-37B will resume its testing and experimentation objectives. Once these are accomplished, the vehicle will de-orbit and return to Earth, utilizing its autonomous landing system to touch down horizontally like a conventional aircraft. The Space Force has not disclosed the expected duration of the current mission.

At Tesla's "We, Robot" event at Warner Bros. Studios tonight, Elon Musk unveiled the Tesla Cybercab, Robovan, and an updated version of the Optimus robot. Slashdot is at the event capturing photos and getting demos of everything announced. You can follow along on X. Below is a summary of each of the offerings.

Tesla Cybercab: The Tesla Cybercab is a futuristic, fully autonomous robotaxi designed without a steering wheel or pedals, positioned to revolutionize mass transit with extremely low operating costs. It features a sleek design with upward-opening butterfly doors and a compact cabin that seats two passengers. Musk said the Cybercab uses inductive charging instead of a traditional plug-in. "Something we're also doing is and it's really high time we did this is inductive charging. So the robotaxi has no plug it just goes over the inductive charger and charges so yeah, it's kind of how it should be." The vehicle is expected to cost under $30,000. Regulatory approval will be needed before it can go into production, which is projected to begin by 2026 or 2027. Tesla Robovan: The Tesla Robovan is a dustbuster-shaped electric passenger van featuring sliding glass doors, a bright interior, and carriage-style seating for up to 20 passengers. "One of the things we want to do and we've seen this with the CyberTruck is we want to change the look of the roads the future should look like the future," said Musk. Musk also claimed that autonomy will "turn parking lots into parks," as fewer cars will be needed and they won't sit idle for most of the day. Pricing and release details were not disclosed. Tesla Optimus: The updated Tesla Optimus robot is a humanoid designed to handle everyday tasks, such as retrieving packages or serving drinks. Optimus walked on stage and interacted with attendees, though its current capabilities are still limited. Elon Musk envisions the robot as a transformative product, with plans to produce millions of units at a price of around $20,000. "It'll be able to do anything you want. So it can be a teacher, babysit your kids, it can walk your dog, mow your lawn, get the groceries, just be your friend, serve drinks. Whatever you can think of, it will do." Optimus is expected to start performing useful tasks by the end of the year, with broader availability projected by the end of next year. In closing, Musk said: "I think this will be the biggest product ever of any kind. Because I think everyone of the 8 billion people of Earth, I think everyone's going to want their Optimus buddy." Developing...

AMD is launching a new chip to rival Nvidia's upcoming Blackwell chips, which Nvidia called the "world's most powerful chip" for AI when unveiled earlier this year. CNBC reports: The Instinct MI325X, as the chip is called, will start production before the end of 2024, AMD said Thursday during an event announcing the new product. If AMD's AI chips are seen by developers and cloud giants as a close substitute for Nvidia's products, it could put pricing pressure on Nvidia, which has enjoyed roughly 75% gross margins while its GPUs have been in high demand over the past year. In the past few years, Nvidia has dominated the majority of the data center GPU market, but AMD is historically in second place. Now, AMD is aiming to take share from its Silicon Valley rival or at least to capture a big chunk of the market, which it says will be worth $500 billion by 2028.

AMD didn't reveal new major cloud or internet customers for its Instinct GPUs at the event, but the company has previously disclosed that both Meta and Microsoft buy its AI GPUs and that OpenAI uses them for some applications. The company also did not disclose pricing for the Instinct MI325X, which is typically sold as part of a complete server. With the launch of the MI325X, AMD is accelerating its product schedule to release new chips on an annual schedule to better compete with Nvidia and take advantage of the boom in AI chips. The new AI chip is the successor to the MI300X, which started shipping late last year. AMD's 2025 chip will be called MI350, and its 2026 chip will be called MI400, the company said.

Microsoft is enhancing passkey support in Windows 11 with a redesigned Windows Hello experience that allows users to sync passkeys to their Microsoft account or third-party providers like 1Password and Bitwarden. The Verge reports: A new API for third-party password and passkey managers means developers can plug directly into the Windows 11 experience, so you can use the same passkey from your mobile device to authenticate on your PC. Right now it's possible in some apps to do this through QR codes and other ways to authenticate from a mobile device, but Microsoft's full support means the passkeys experience on Windows is about to get a lot better.

Microsoft is also redesigning the Windows Hello prompt, including the ability to setup syncing of passkeys to your Microsoft account or saving them elsewhere. Once you've completed a one-time setup process you can use facial recognition, fingerprint, or PIN to authenticate with a passkey across multiple Windows 11 devices. Windows Insiders will get access to these new passkey features "in the coming months."