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Spain is about to face the challenge of a “black start”

Arstechnica

Arstechnica · 4m ago

Spain is about to face the challenge of a “black start”

Grid operators in Spain face a complex "black start" process to restore power after a massive blackout. This involves restarting power plants that require electricity to operate. Only some facilities, equipped with diesel generators, can initiate this process. Gradually, the grid is restored by ensuring power plants get electricity first, preventing overload. External power sources, like those from France, Morocco, and local renewables, aid this process. Effective management is crucial to avoid returning to blackout conditions.

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Apple’s reign as world’s top stock at risk from bumpy 2024 start

Economic Times

Economic Times · 1y ago

Apple’s reign as world’s top stock at risk from bumpy 2024 start

Apple Inc. is facing challenges as its stock experiences the worst start to the year, jeopardizing its status as the world's most valuable stock. The shares fell 0.4% amid reports of a looming antitrust case by the Justice Department. This marks Apple's longest losing streak since October. The potential case could challenge Apple's integrated device and service business model. The company, which held the top position since July 2022, lost about $177 billion in market value this year, the most significant market value decline at the start of any year on record.

Sam Altman's Worldcoin files lawsuit after Spanish ban

Economic Times

Economic Times · 1y ago

Sam Altman's Worldcoin files lawsuit after Spanish ban

Worldcoin, a company aiming to create a global identity system, has filed a lawsuit against Spain's data protection regulator. The company was banned from operating in Spain after the regulator instructed Worldcoin to stop collecting personal information and halt the use of already gathered data. Worldcoin argues that the regulator is circumventing EU law and spreading inaccurate claims about their technology. The company has suspended its World ID verification services in Spain and filed the lawsuit to suspend the regulator's order. Worldcoin has faced criticism for its collection and use of personal data.

Face recognition technology follows a long analog history of surveillance and control based on identifying physical features

Medial

Medial · 1y ago

Face recognition technology follows a long analog history of surveillance and control based on identifying physical features

This article discusses the history and implications of face recognition technology as a form of biometric surveillance. It highlights cases of wrongful accusation due to the use of this technology and the biases that persist within it, particularly in misidentifying Black and Asian individuals at a higher rate than white individuals. The article also explains how face recognition technology is just the latest form of tracking and sorting individuals, rooted in pseudoscientific practices from the past. It concludes by emphasizing the invasive nature of face recognition technology and its role in perpetuating societal biases and surveillance.

Microsoft to expand AI infrastructure in Spain with $2.1 billion investment

Economic Times

Economic Times · 1y ago

Microsoft to expand AI infrastructure in Spain with $2.1 billion investment

Microsoft has announced plans to invest $2.1 billion in Spain over the next two years to expand its artificial intelligence (AI) and cloud infrastructure. This comes shortly after the company revealed a $3.45 billion AI-focused investment in Germany. The move demonstrates Microsoft's commitment to Spain and its aim to drive the country's digital transformation in government, businesses, and society. Further details about the investment are yet to be disclosed.

Under ChatGPT shadow, funding to domestic AI startups halves this year; investors call for India-focused solutions

Money Control

Money Control · 2y ago

Under ChatGPT shadow, funding to domestic AI startups halves this year; investors call for India-focused solutions

Investors say the fall in funding in AI-related areas is much lower compared to others, and see a few prominent entrepreneurs rising to challenge OpenAI while others start building solutions leveraging its capabilities.

Should AI decisions be explainable to the average user?

Inshorts · 4m ago

Should AI decisions be explainable to the average user?

As AI influences more decisions from credit scores to medical recommendations, users deserve to know how those outputs were generated. Explainability ensures accountability. Without it, AI risks becoming a black box that no one can challenge or understand. Transparency isn't optional it's the foundation of responsible AI adoption.

Dubai homebuyers face legal troubles: ED summons and tax compliance issues

Economic Times

Economic Times · 1m ago

Dubai homebuyers face legal troubles: ED summons and tax compliance issues

Some Dubai homebuyers face legal troubles as the Enforcement Directorate (ED) questions their property acquisitions lacking bank fund transfer records. Triggered by data from the Income Tax department, the ED is investigating violations under FEMA and PMLA. These include payments via cryptocurrencies and credit cards breaching FEMA Regulations. The scrutiny extends to assets considered “proceeds of crime.” Those bypassing legal remittance channels using hawala face prosecution, impacting compliance with Black Money laws.

Stay up-to-date on the amount of venture dollars going to underrepresented founders

TechCrunch · 1y ago

Stay up-to-date on the amount of venture dollars going to underrepresented founders

Venture capital funding for women and Black/brown founders has historically been inadequate. In 2021, funding for Black founders reached record levels, but experienced a significant decline as DEI measures retreated. Women founders have consistently received around 2% of funding in recent years, while mixed-gender teams have seen increased funding. However, funding for solo women founders remains challenging. In addition to Black and women founders, other marginalized communities such as Latino founders and LGBTQ+ founders also face obstacles securing investor capital. Marginalized founders in Europe also share their experiences and aspirations to access the US market.

Mostly Unicorns in India Have done Phenomenally Well, Says Piyush Goyal

OutlookIndia

OutlookIndia · 7m ago

Mostly Unicorns in India Have done Phenomenally Well, Says Piyush Goyal

Union Minister Piyush Goyal highlighted the rising success of Indian unicorns in 2024, attributing it to the country's thriving start-up ecosystem. Speaking at a New Delhi event, Goyal assured government support for sustained growth, citing 76 IPO offerings as proof of success. He announced the Bharat Start-Up Grant challenge and PRABHAAV Factbook to bolster start-ups. The event marked nine years of the Startup India initiative, emphasizing entrepreneurship promotion since 2016.

Gemini “coming together in really awesome ways,” Google says after 2.5 Pro release

Arstechnica

Arstechnica · 4m ago

Gemini “coming together in really awesome ways,” Google says after 2.5 Pro release

Google has released Gemini 2.5 Pro, aiming to challenge ChatGPT's dominance. Despite a late start in generative AI, Google has ramped up Gemini's development, emphasizing efficiency and safety. Gemini 2.5 Pro features advancements like Dynamic Thinking and enhanced factual accuracy. However, Google still grapples with issues like model hallucinations. With significant investments planned for 2025, Google seeks to optimize AI infrastructure costs. Transparency about technical details remains limited but is expected to improve with future releases.

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