Global tech industry supports UK artificial intelligence sector with $1.4bn
A group of international tech firms and venture capitalists injected almost £1 billion ($1.4 billion) into the U.K.’s artificial intelligence (AI) industry on Thursday. The deal was backed by Japanese venture capital firm Global Brain, Canadian venture capital firm Chrysalix, U.K. automaker Rolls-Royce, the British government, and other investors. The investment will be used to […]
Elon Musk explains why many people are afraid to take risks and achieve greatness
It’s the most rational reason imaginable–but it can lead to a boring, ordinary life. The most powerful threat to greatness isn’t evil. It’s mediocrity. Of all the colorful ways to articulate that truth, one of the best is what Elon Musk told Chris Anderson of Wired magazine, back in 2012. They were talking about Musk’s space exploration company, SpaceX, which grew out […]
US economy to grow by $2.5trn under basic income, study finds
If each adult in the United States were handed $1,000 in cash every month, the US economy could grow by $2.5 trillion in the next seven years, a new study has found. The benefit, known as a universal basic income, was found to benefit the economy rather than act as a drain on it. The […]
Lab-grown meat startup gets $17m boost from Bill Gates, Richard Branson
Meat grown from animal cells in a laboratory could be on our dinner plates before the end of the decade, as one pioneering startup has just received a $17m (£13m) investment from Bill Gates and Richard Branson, plus backers of Tesla and SpaceX, IBTimes reports. San Francisco-based Memphis Meats is developing a way to produce […]
Pre-order for Tesla new model electric car falls 12%, says CEO Musk
Tesla CEO and founder Elon Musk has revealed that about 63,000 (12.2%) people have canceled their Model 3 pre-orders. The number of orders went from approximately 518,000 to 455,000, Musk said. Tesla is continuing to see demand for its first mass market car, the Model 3, with an average of 1,800 new orders a day […]