OpenAI’s cozy partner Cerebras is on track for a blockbuster IPO

AI chip maker Cerebras is heading for a blockbuster IPO that could value it at $26.6 billion or more. Its relationship with OpenAI is deep and rich.

from TechCrunch
via Click me for Details

Katie Haun raises $1B for new venture funds

Katie Haun announced on Monday that $1 billion has been raised across new funds to continue the firm’s thesis of backing crypto and blockchain startups.

from TechCrunch
via Click me for Details

Kevin Hassett: War? What War?

Trump's Director of the National Economic Council Kevin Hassett doesn't want to piss off Dear Leader and contradict his latest lie, so he did his best to weasel out of answering the question when asked about the blockade in the Strait of Hormuz.

As we discussed here, and as former Deputy National Security Advisor Ben Rhodes made clear this Friday, a blockade is an act of war, so Trump's argument that somehow we're not at war because of the so-called ceasefire is laughable.

Hassett made an appearance on this Sunday's Face the Nation on CBS, and was asked by host Margaret Brennan whether or not we're still at war with Iran given the fact that the blockade is in place, and rather than admit his boss is a liar, Hassett pretended he didn't know what the definition of war is.

MARGARET BRENNAN: So, you said the blockade is still on. A blockade is an act of war. Are we at war with Iran?

KEVIN HASSETT: Iran shut down the straits. Iran shut down the straits, and the only ones they were letting through were Iranian ships, and President Trump didn't think that was acceptable.

MARGARET BRENNAN: So, we are still at war with Iran?

read more

from Latest articles from Crooks and Liars
via Click me for Details

‘This is fine’ creator says AI startup stole his art

The ad comes from Artisan, the AI startup behind billboards urging businesses to "stop hiring humans."

from TechCrunch
via Click me for Details

Texas Court Blocks Abortion Pill Telemed Prescriptions

Texas Republicans fall all over themselves touting their “pro-life” bona fides. However, their actual laws are anything but. In addition to a near-worship of life-killing guns, their anti-abortion laws have led to skyrocketing maternal deaths.

So, it’s no surprise that on Friday, Texas’ ultraconservative federal Fifth Circuit Court of Appeals temporarily blocked a 2023 FDA regulation allowing abortion-drug mifepristone to be mailed to patients.

As The Texas Tribune explained, the 2023 rule allowed doctors to prescribe mifepristone remotely and the drug to be mailed to patients in Texas and other states where abortion is illegal. Now, it can only be obtained in person.

read more

from Latest articles from Crooks and Liars
via Click me for Details

Trump Calls Affordability 'One Good Line Of Bullshit'

Donald Trump decided to make some campaign ads for Democrats during a speech at The Villages in Florida this Friday.

TRUMP: The Democrats start screaming, "Affordability, affordability!" — but they're the ones who caused the problem. They may have one good talking point, I'll give them that. But they are so bad. Affordability.

The first time I heard that word — just two days in — I watched one of these congressmen get on TV and say, "Affordability, prices are too high!" But we've already brought prices way down. They handed us tremendously high prices, and they'll do it again if they ever take over.

As Paul Krugman discussed in a post on his Substack this Friday, Republicans and Trump have an affordability problem with Trump's promise to bring prices down on "day one" and to bring gas prices down, and with them spiking now that he and Bibi decided to attack Iran.

Their solution has been to just go on television and lie about it as we saw from Sen. Tim Scott and Rep. Buddy Carter, and of course, Trump.

As Krugman also discussed, that plan isn't going to work for obvious reasons:

read more

from Latest articles from Crooks and Liars
via Click me for Details

Meta buys robotic startup to bolster its humanoid AI ambitions

Meta bought humanoid startup Assured Robot Intelligence to beef up its AI models for robots, the company said.

from TechCrunch
via Click me for Details