Technology
In 2023, Canoo spent twice its annual revenue on its CEO’s private jet

There’s a nugget in Canoo’s 2023 earnings report regarding the usage of CEO Tony Aquila’s private jet – just one among many expenses that illustrates the difference between expenses and revenues in an electrical vehicle startup.
Canoo reported its fourth-quarter and full-year 2023 earnings on Monday regulatory filings shows how the corporate is saving money because it tries to scale up production of economic electric vehicles and avoid the identical fate as other electric vehicle startups just like the recently bankrupted Arrival. The regulatory proposal once more features a going concern warning – which stays in place from 2022 – in addition to some progress on expenses and revenues.
The company generated revenue of $886,000 in 2023 in comparison with zero dollars in 2022 because it delivered 22 vehicles to entities akin to NASA and the state of Oklahoma. Indeed, it reduced operating losses by almost half, from $506 million in 2022 to $267 million in 2023. However, the gap between revenues and losses continues to be significant: in 2023, the corporate reported total net losses of $302.6 million.
But you simply need to take a look at how much Canoo pays to rent the CEO’s private jet to place these “winnings” into perspective. Under the agreement signed in November 2020, Canoo reimburses Aquila Family Ventures, an entity owned by the CEO, for the prices of using the aircraft. In 2023, Canoo spent $1.7 million on this reimbursement – twice the revenue generated. Canoo paid Aquila Family Ventures $1.3 million in 2022 and $1.8 million in 2021 to be used of the aircraft.
The documents show Canoo also paid Aquila Family Ventures $1.7 million in 2023, $1.1 million in 2022 and $500,000 in 2021 to support shared services at its Justin office in Texas.
This could possibly be attributed to low costs if Canoo achieves its 2024 revenue forecast of $50-100 million.
We’ve reached out to Canoo for comment and can update this post if we hear back.
Technology
The next large Openai plant will not be worn: Report

Opeli pushed generative artificial intelligence into public consciousness. Now it might probably develop a very different variety of AI device.
According to WSJ reportThe general director of Opeli, Altman himself, told employees on Wednesday that one other large product of the corporate would not be worn. Instead, it will be compact, without the screen of the device, fully aware of the user’s environment. Small enough to sit down on the desk or slot in your pocket, Altman described it each as a “third device” next to MacBook Pro and iPhone, in addition to “Comrade AI” integrated with on a regular basis life.
The preview took place after the OpenAI announced that he was purchased by IO, a startup founded last 12 months by the previous Apple Joni Ive designer, in a capital agreement value $ 6.5 billion. I will take a key creative and design role at Openai.
Altman reportedly told employees that the acquisition can ultimately add 1 trillion USD to the corporate conveyorsWearing devices or glasses that got other outfits.
Altman reportedly also emphasized to the staff that the key would be crucial to stop the copying of competitors before starting. As it seems, the recording of his comments leaked to the journal, asking questions on how much he can trust his team and the way rather more he will be able to reveal.
(Tagstotransate) devices
Technology
The latest model AI Google Gemma can work on phones

It grows “open” AI Google, Gemma, grows.
While Google I/O 2025 On Tuesday, Google removed Gemma 3N compresses, a model designed for “liquid” on phones, laptops and tablets. According to Google, available in a preview starting on Tuesday, Gemma 3N can support sound, text, paintings and flicks.
Models efficient enough to operate in offline mode and without the necessity to calculate within the cloud have gained popularity within the AI community lately. They will not be only cheaper to make use of than large models, but they keep privacy, eliminating the necessity to send data to a distant data center.
During the speech to I/O product manager, Gemma Gus Martins said that GEMMA 3N can work on devices with lower than 2 GB of RAM. “Gemma 3N shares the same architecture as Gemini Nano, and is also designed for incredible performance,” he added.
In addition to Gemma 3N, Google releases Medgemma through the AI developer foundation program. According to Medgemma, it’s essentially the most talented model to research text and health -related images.
“Medgemma (IS) OUR (…) A collection of open models to understand the text and multimodal image (health),” said Martins. “Medgemma works great in various imaging and text applications, thanks to which developers (…) could adapt the models to their own health applications.”
Also on the horizon there may be SignGEMMA, an open model for signaling sign language right into a spoken language. Google claims that Signgemma will allow programmers to create recent applications and integration for users of deaf and hard.
“SIGNGEMMA is a new family of models trained to translate sign language into a spoken text, but preferably in the American sign and English,” said Martins. “This is the most talented model of understanding sign language in history and we are looking forward to you-programmers, deaf and hard communities-to take this base and build with it.”
It is value noting that Gemma has been criticized for non -standard, non -standard license conditions, which in accordance with some developers adopted models with a dangerous proposal. However, this didn’t discourage programmers from downloading Gemma models tens of tens of millions of times.
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(Tagstransate) gemma
Technology
Trump to sign a criminalizing account of porn revenge and clear deep cabinets

President Donald Trump is predicted to sign the act on Take It Down, a bilateral law that introduces more severe punishments for distributing clear images, including deep wardrobes and pornography of revenge.
The Act criminalizes the publication of such photos, regardless of whether or not they are authentic or generated AI. Whoever publishes photos or videos can face penalty, including a advantageous, deprivation of liberty and restitution.
According to the brand new law, media firms and web platforms must remove such materials inside 48 hours of termination of the victim. Platforms must also take steps to remove the duplicate content.
Many states have already banned clear sexual desems and pornography of revenge, but for the primary time federal regulatory authorities will enter to impose restrictions on web firms.
The first lady Melania Trump lobbyed for the law, which was sponsored by the senators Ted Cruz (R-TEXAS) and Amy Klobuchar (d-minn.). Cruz said he inspired him to act after hearing that Snapchat for nearly a 12 months refused to remove a deep displacement of a 14-year-old girl.
Proponents of freedom of speech and a group of digital rights aroused concerns, saying that the law is Too wide And it will probably lead to censorship of legal photos, similar to legal pornography, in addition to government critics.
(Tagstransate) AI
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