SpaceX To Launch Starship On Third Integrated Test Flight
SpaceX will attempt to launch a fully integrated Starship rocket from their South Texas facility soon. Credit: Space.com | footage courtesy: SpaceX | edited by Steve Spaleta
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TechCrunchInternal pre-Starlink SpaceX financials show big spending on moonshot bets
Confidential financial statements from SpaceX for 2018 and 2019 capture an early glimpse at the degree to which the company is likely dependent on its Starlink business unit, and bringing the Starship rocket online, to become cash flow positive. While the comprehensive balance sheets are five years old, they provide an intimate look inside the operations of arguably one of the most important, and secretive, private companies in the U.S. And they help shed light on what the company spent money on, and how much, as SpaceX grew itself from an unprofitable $2 billion in revenue to, reportedly, $9 billion for 2023 with a projected $15 billion in 2024 and $3 billion in earnings, sources familiar told Bloomberg in November. 2018 and 2019 were pivotal years for the company: In February 2018, SpaceX launched its Falcon Heavy rocket for the first time; the following March, the company nailed a pivotal flight test of its crew Dragon capsule, but exploded that same capsule a month later during ground testing.
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OpenAI's video generation tool Sora took the AI community by surprise in February with fluid, realistic video that seems miles ahead of competitors. Shy Kids is a digital production team based in Toronto that was picked by OpenAI as one of a few to produce short films essentially for OpenAI promotional purposes, though they were given considerable creative freedom in creating "air head." In an interview with visual effects news outlet fxguide, post-production artist Patrick Cederberg described "actually using Sora" as part of his work. Perhaps the most important takeaway for most is simply this: While OpenAI's post highlighting the shorts lets the reader assume they more or less emerged fully formed from Sora, the reality is that these were professional productions, complete with robust storyboarding, editing, color correction, and post work like rotoscoping and VFX.
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Cicadas have emerged in South Carolina — and they're so loud some people are calling 911. Here's what to know about this year's emergence.
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Curio raises funds for Rio, an 'AI news anchor' in an app
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Thoma Bravo to take UK cybersecurity company Darktrace private in $5B deal
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NFL Draft: Panthers trade back into 1st round with Bills, select South Carolina WR Xavier Legette at No. 32
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India's ICICI Bank exposed thousands of credit cards to 'wrong' users
ICICI Bank, one of India's top private banks, exposed the sensitive data of thousands of new credit cards to customers who were not their intended recipients. The Mumbai-based bank confirmed to TechCrunch Thursday that its digital channels "erroneously mapped" about 17,000 credit cards issued in the past few days to "wrong" users. The issue came to light after some customers raised concerns on social media about the bank's iMobile Pay app exposing unknown customers' credit card details, including their full number and card verification value (CVV).
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Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices
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Xaira, an AI drug discovery startup, launches with a massive $1B, says it's 'ready' to start developing drugs
Advances in generative AI have taken the tech world by storm. Biotech investors are making a big bet that similar computational methods could revolutionize drug discovery. On Tuesday, ARCH Venture Partners and Foresite Labs, an affiliate of Foresite Capital, announced that they incubated Xaira Therapeutics and funded the AI biotech with $1 billion.