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This new tracking tag can help solve the problem of goods theft

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🚀 Discover this insightful post from TechCrunch 📖 📂 **Category**: Transportation,Exclusive,freight,location tracking,Samsara 💡 **What You’ll Learn**: Imagine you are Guy Fieri. (stay with me.) It's late 2024 and the president of your company calls you to tell you that 24,000 bottles of your tequila are gone. You should have a number of questions, but the most important one is likely to be: How did this happen? The answer is that global cargo theft is becoming increasingly sophisticated, all while the shipping and logistics industries struggle to keep up. Unfortunately for the industry, much of the world's goods essentially disappear between…

That’s why Slate changed the battery in its cheap electric truck

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🚀 Check out this insightful post from TechCrunch 📖 📂 **Category**: Climate,Startups,Transportation,lithium-ion battery,slate auto 📌 **What You’ll Learn**: Slate, the EV pickup truck manufacturer, has found another way to simplify its product: the battery. When the startup revealed its starting price on Wednesday — $24,950 before destination, taxes and other fees — it also said it had changed its battery strategy, eliminating the optional 240-mile package but raising the standard package from 150 miles to 205 miles. The way Slate has achieved this demonstrates how dramatically the U.S. battery market has changed over the past four years. Initially, the startup…

The memory chip crisis is bearing fruit for this American company

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🚀 Read this trending post from TechCrunch 📖 📂 **Category**: AI,Hardware,earnings,In Brief,memory chip shortage,Micron ✅ **What You’ll Learn**: The AI boom has fueled dozens of new startups and created a new class of billionaires. It has also produced a serious shortage of memory chips — a critical component for compute-hungry AI models — that some predict could last until 2027. This era of RAMageddon is not just an institutional problem. As demand rises and supply shrinks, prices rise and are passed on to consumers. Apple CEO Tim Cook warned just a week ago that price increases for its products were…

The former Infosys boss has a new startup that wants to challenge the world of IT services

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🚀 Explore this must-read post from TechCrunch 📖 📂 **Category**: AI,Startups,Aramco Ventures,Hang Ten Systems,infosys,it services,mayfield,Vishal Sikka ✅ **What You’ll Learn**: For decades, IT services companies have made billions of dollars by allowing companies to outsource technology tasks such as customizing, integrating, and maintaining enterprise software. Vishal Sikka, the former CEO of Infosys, one of India's largest companies, is now betting that artificial intelligence can do much of that work instead. The new startup, Hang Ten Systems, said on Wednesday that it has raised a $32 million seed round led by Mayfield, with strategic investment from Aramco Ventures and participation from…

Europe is retreating from Washington’s chip war

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🔥 Discover this insightful post from TechCrunch 📖 📂 **Category**: AI,TC ✅ **What You’ll Learn**: Dutch Trade Minister Sjoerd Sjoersma visited Washington this week to meet with Commerce Secretary Howard Lutnick and members of Congress to oppose the MATCH Act, a bill that would block Chinese chipmakers from accessing Western semiconductor equipment, a bill that would particularly hurt ASML. ASML, based in the Netherlands, is Europe's most valuable company and the world's only manufacturer of cutting-edge lithography machines used to make cutting-edge AI chips. “It is an extraordinary thing for me to come here to present our concerns so broadly…

Cerebras stock fell after earnings as CEO said margin forecasts had been misunderstood

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🚀 Check out this trending post from TechCrunch 📖 📂 **Category**: AI,Cerebras,In Brief 📌 **What You’ll Learn**: Shares of Cerebras Systems fell nearly 20% on Wednesday, even after the company posted better-than-expected first-quarter earnings on Tuesday. That's because in its first earnings report since going public, the AI chip maker forecast a narrower gross margin in its core business, guiding for a full-year margin of 38% to 41%, compared to the 47% reported in the first quarter. The stock hit a new low on Wednesday, nearly hitting the company's IPO price. Cerebras CEO Andrew Feldman told CNBC that investors had…

AI was supposed to eliminate engineering jobs, but new data suggests it is the most resilient

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🚀 Explore this must-read post from TechCrunch 📖 📂 **Category**: AI,Startups,engineering,hiring,Layoffs,signalfire,software development 💡 **What You’ll Learn**: Whether AI actually replaces jobs is a topic of intense debate. Tech layoffs reached their highest single-month total in years in May, with artificial intelligence the most cited reason, according to Challenger, Gray & Christmas. In theory, software engineering is the professional field most vulnerable to automation, given the rapid adoption of AI-powered programming tools. However, researchers at investment firm SignalFire say employment data tells a different story. “The rationale for a lot of layoffs is constantly AI, and specifically they'll say AI in…

New website names shame companies that still don’t offer passkeys to users

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✨ Read this insightful post from TechCrunch 📖 📂 **Category**: Security,cybersecurity,In Brief,Instagram,Netflix,Passkeys,Passwords,Spotify 📌 **What You’ll Learn**: When it comes to securing accounts against hackers, passkeys are now widely considered the gold standard. However, these services are still not available on one in four major online apps and services, including Instagram, Netflix and Spotify. These statistics come from a new website that names companies that still don't give users the option to use passkeys to log in to their apps and services. Passkeys are more secure than passwords because they are generated by the user's device and linked to that phone…

Companies are striving to prevent employees from maximizing their AI budgets with small tasks

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🔥 Check out this awesome post from TechCrunch 📖 📂 **Category**: AI,Accenture,tokenmaxxing 📌 **What You’ll Learn**: The era of tokenmaxxing is over. After the AI industry encouraged companies to increase their AI budgets earlier this year, and some companies even built employee leaderboards to encourage internal use of AI, they are now realizing how easy it is to spend huge amounts of money on AI and get little in return. It seems we are now entering an era of symbolic rationing. Recent news has been full of stories about AI cutbacks, and now 404 Media reports that consulting firm Accenture…

Agility Robotics plans to go public via SPAC in a deal valued at $2.5 billion

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✨ Read this trending post from TechCrunch 📖 📂 **Category**: AI,Robotics,agility robotics,In Brief,spac merger ✅ **What You’ll Learn**: Agility Robotics, a humanoid robotics startup that spun out of Oregon State University in 2015, plans to go public by merging with special purpose acquisition firm Churchill Capital Corp XI in a deal that values the company at about $2.5 billion. The deal is expected to generate proceeds of more than $620 million, including about $200 million from a group of new and existing institutional investors, the company said. Agility is best known for Digit, a bipedal robot that is used across…