Monarch Tractor has been accused of overpromising on the autonomous capabilities of its tractors, in line with a brand new lawsuit. Burks Tractor, a dealership situated in Idaho, has sued Monarch for breach of contract and allegedly violating its guarantee as a result of the California-based startup’s tractors had been “unable to function autonomously.” The dealership additionally says the ten tractors it bought “proceed to expertise important issues,” and calls them “faulty.” Monarch Tractor CEO Praveen Penmetsa and a lawyer for the corporate didn’t reply to a request for remark. Monarch has denied the allegations in a court docket filing.…
Author: Naveed Ahmad
The Jeep Recon, an all-electric SUV with an estimated 250 miles of vary, is right here, and I couldn’t be extra shocked. Right here’s why. Three years in the past, Jeep unveiled the way it was reshaping its portfolio with the launch of three EVs — two of which have been sure for the North American market by 2024. The all-electric Jeep Recon and Wagoneer S fashions have been a part of the model’s plan to dominate to the electrified SUV market. On the time, mother or father firm Stellantis was aiming for EVs to make up half of Jeep’s…
Tesla acquired a ride-hailing allow this week from Arizona regulators, opening the door for the automaker to start working a robotaxi service within the state. A spokesperson with Arizona Division of Transportation (ADOT) informed TechCrunch the automaker utilized for a Transportation Community Firm (TNC) allow on November 13. Tesla met the necessities to function as a TNC and is permitted as of November 17, in accordance with ADOT. The allow is the ultimate regulatory step to launch a robotaxi service in Arizona, a state that has develop into a hub of autonomous car expertise testing and improvement. Waymo, the Alphabet-owned self-driving firm…
Enterprise capital agency Atomico’s annual State of European Tech report is out and it reveals funding is trending upwards. However this 12 months’s version goes past the standard evaluation of the tech ecosystem; it has turn into a bit of advocacy that displays a broader shift: European startups and traders are more and more turning to lobbying. “It’s not sufficient to point out how far we’ve come. It’s crucial, too, that we use these insights to level the way in which ahead,” mentioned the report’s creator, Tom Wehmeier, who can also be a accomplice at Atomico and the agency’s head…
The Trump administration introduced Tuesday it might present Constellation Power with a $1 billion mortgage to restart a nuclear reactor at Three Mile Island. The power firm mentioned final yr it might reopen the reactor, which had been shuttered since 2019, after Microsoft dedicated to buying all of the electrical energy from the 835 megawatt energy plant for 20 years. Constellation estimated the venture would price $1.6 billion, and it expects to finish the refurbishment in 2028. Phrases of Microsoft’s cope with Constellation weren’t disclosed. Analysts at Jefferies have estimated the tech firm may be paying about $110 to $115…
How can we transfer from language fashions that solely reply prompts to methods that may purpose over million token contexts, perceive actual world alerts, and reliably act as brokers on our behalf? Google simply launched Gemini 3 household with Gemini 3 Professional because the centerpiece that positions as a serious step towards extra common AI methods. The analysis workforce describes Gemini 3 as its most clever mannequin to date, with cutting-edge reasoning, sturdy multimodal understanding, and improved agentic and vibe coding capabilities. Gemini 3 Professional launches in preview and is already wired into the Gemini app, AI Mode in Search,…
Hugging Face co-founder and CEO Clem Delangue says we’re not in an AI bubble, however an “LLM bubble” — and it might be poised to pop. At an Axios occasion on Tuesday, the entrepreneur behind the favored AI platform and group website agreed that bubble discuss is at the moment’s “trillion greenback query,” however stated he doesn’t imagine AI’s future is in danger if the bubble bursts. As an alternative, as Delangue sees it, it’s giant language fashions (LLMs) — like these powering ChatGPT, Gemini, and different chatbots — are receiving outsized consideration and that focus might not final. “I…
AI knowledge heart supplier Lambda introduced Tuesday it raised $1.5 billion in a spherical led by TWG World, a relatively new $40 billion investment firm fashioned by billionaires Thomas Tull, the previous proprietor of Legendary Leisure, and Guggenheim Companions founder and CEO Mark Walter. TWG holds a wide range of the billionaires’ belongings, together with Walter’s stakes within the Los Angeles Lakers and the brand new Cadillac F1 racing group. The agency additionally has a $15 billion fund to spend money on AI anchored by Abu Dhabi’s Mubadala Capital. TWG beforehand invested in a partnership with Elon Musk’s xAI and…
A brand new device from Microsoft known as Agent 365 is designed to assist companies management their rising assortment of robotic helpers.Agent 365 shouldn’t be a platform for making enterprise AI instruments; it’s a method to handle them, as in the event that they had been human staff. Corporations utilizing generative AI brokers of their digital office can use Agent 365 to prepare their rising sprawl of bots, maintain tabs on how they’re performing, and tweak their settings. The device is rolling out in the present day in Microsoft’s early access program.Basically, Microsoft created a trackable workspace for brokers. “Instruments…
After 5 years, Meta has emerged victorious from a U.S. Federal Commerce Fee (FTC) lawsuit over its acquisitions of Instagram and WhatsApp. In an opinion released Tuesday, U.S. District Court docket Choose James Boasberg wrote that the FTC didn’t show that Meta was violating antitrust regulation when it purchased Instagram for $1 billion in 2012, and WhatsApp for $19 billion in 2014. The FTC did handle to floor proof exhibiting that Meta — then referred to as Fb — was involved about Instagram’s quick development and the competitors it might pose. “A technique of that is that what we’re actually…