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Ukraine’s largest mobile phone operator said Russia was most likely behind a “powerful” cyberattack that disrupted phone and internet services Tuesday for about 24 million people in the country.

The cyberattack, the largest to strike Ukraine since Russia’s invasion began nearly two years ago, took down ATMs and digital banking services, disabled some air raid sirens, and hampered broader cellular service across Ukraine.

“This is definitely a cyberattack and the probability that Russian entities are behind it is very close to 100%,” Oleksandr Komarov, chief executive officer of Kyivstar GSM JSC, told Bloomberg by phone.

➤ Tesla teases a number of new features coming soon ➤ Bernstein calls TSLA short their best idea for 2024 ➤ Tesla China sales and production ➤ Model Y standard range sells out ➤ Tesla executives meet in Thailand ➤ Model Y becomes second best-selling car in US ➤ Tesla adds pre-qualifying finance option ➤ Cybertruck discussion from reviewers: https://youtu.be/8_aE58AMIw0 ➤ Calendar 0:00 TSLA 0:25 Bernstein recommends TSLA short 3:02 New features 7:25 China numbers 10:45 Model Y China 11:26 Thailand 12:26 Model Y US 13:11 Pre-qualification 13:38 Cybertruck reviewers 14:33 Calendar X:

Building a plane while flying it isn’t typically a goal for most, but for a team of Harvard-led physicists that general idea might be a key to finally building large-scale quantum computers.

Described in a new paper in Nature, the research team, which includes collaborators from QuEra Computing, MIT, and the University of Innsbruck, developed a new approach for processing quantum information that allows them to dynamically change the layout of atoms in their system by moving and connecting them with each other in the midst of computation.

This ability to shuffle the qubits (the fundamental building blocks of quantum computers and the source of their massive processing power) during the computation process while preserving their quantum state dramatically expands processing capabilities and allows for self-correction of errors. Clearing this hurdle marks a major step toward building large-scale machines that leverage the bizarre characteristics of quantum mechanics and promise to bring about real-world breakthroughs in material science, communication technologies, finance, and many other fields.

This is the BEST and most complete deep dive on the financial models for Tesla’s 11 major business units! James from InvestAnswers comes with data and analysis of the seasonality of Tesla stock showing its volatile movement as it compares to the macro economy and the S and P 500. Together we adjust the assumptions and metrics in his dynamic financial model. Come join us! The spreadsheet used in the video will be made available to everyone once James finalizes it first James runs a very successful YouTube channel called InvestAnswers where he shares insights on financial freedom, real estate, crypto, stocks, and options.

As a leading venture capitalist, Ted Dintersmith lived and breathed the world of innovation. He has seen first-hand how quickly automation is eliminating the structured jobs in our economy, as well as the opportunities for young adults who are bold, creative, and entrepreneurial. As Ted shifted his focus to the future of our schools, he realized that the core purpose of our schools has been lost in a wave of testing, data, and accountability. In this talk, Ted underscores the potential for our kids and our country if we educate to our innovative and creative strengths, and trust our schools and teachers to prepare our kids for life, instead of for standardized tests.

After a twenty-five year career in venture capital, Ted Dintersmith is now focused on issues at the intersection of innovation and education. In the fall of 2012, Ted served as part of the delegation representing the United States at the United Nations General Assembly, where he focused on global education and entrepreneurship. The first two films he executive produced – Most Likely To Succeed and The Hunting Ground – premiered at Sundance, 2015. His website http://www.edu21c.com describes his initiatives and he can be followed @dintersmith.

Continue reading “Prepare Our Kids for Life, Not Standardized Tests | Ted Dintersmith | TEDxFargo” »

Tesla CEO Elon Musk has shared some new details about the automaker’s plans for its next-generation, $25,000 electric vehicle (EV), including that it will be built first in Austin, Texas.

On Tuesday, longtime auto industry veteran Sandy Munro shared a new interview with Musk, held following the Cybertruck delivery event. During the interview, the two talked mostly about the Cybertruck, though they also discussed Tesla’s next-generation vehicle for a few minutes.

While Musk said he couldn’t share any details about unit volume and dates for the next-gen EV, due to them being suggestive of Tesla’s financials, he did go on to share a few things. For one, Musk said that Tesla was “quite far advanced” in working to develop the low-cost, high-volume EV, adding that he reviews the production line plans for that on a weekly basis.

On their way to building fully autonomous vehicles, self-driving car makers are facing a tall task: training their AIs to be able to respond reliably to any and all scenarios that a car, truck or bus might encounter as well as, or hopefully better, than a human would. Today, a startup with a platform to help with that challenge is announcing a sizeable round of funding to take those strategies up a gear.

Foretellix, which builds verification and validation solutions to test the full range of driver assistance and autonomous systems that are coming out on the market, has closed its Series C at $85 million. The round includes financial investors alongside strategic backers from the automotive and chip industries, a signal of who is already doing business with Foretellix, as well as the longer business trajectory for the startup.

The round is being led by Israeli VC 83North, with Singapore’s Temasek and carmaker Isuzu investing alongside Woven Capital (Toyota’s venture fund), Nvidia, Artofin and previous backers MoreTech, Nationwide, Volvo Group VC, Jump Capital, Next Gear Ventures and OurCrowd. Foretellix may ring a bell for readers: The first close of this round was in May of this year (at $43 million).

One of the big questions GiveDirectly is trying to answer is how to direct cash to low-income households. “Just give cash” is a fun thing to say, but it elides some important operational details. It matters whether someone gets $20 a month for two years or $480 all at once. Those add up to the same amount of money; this isn’t a Side Hustle King situation. But how you get the money still matters. A certain $20 every month can help you budget and take care of regular expenses, while $480 all at once can give you enough capital to start a business or another big project.

The latest research on the GiveDirectly pilot, done by MIT economists Tavneet Suri and Nobel Prize winner Abhijit Banerjee, compares three groups: short-term basic income recipients (who got the $20 payments for two years), long-term basic income recipients (who get the money for the full 12 years), and lump sum recipients, who got $500 all at once, or roughly the same amount as the short-term basic income group. The paper is still being finalized, but Suri and Banerjee shared some results on a call with reporters this week.

By almost every financial metric, the lump sum group did better than the monthly payment group. Suri and Banerjee found that the lump sum group earned more, started more businesses, and spent more on education than the monthly group. “You end up seeing a doubling of net revenues” — or profits from small businesses — in the lump sum group, Suri said. The effects were about half that for the short-term $20-a-month group.

Prosperity7, the venture capital fund of Aramco Ventures, invested in Rain Neuromorphics in February 2022.

Wikimedia Commons.

Moving aggressively in the AI arms race, Washington has compelled Saudi Aramco to sell its shares in Rain Neuromorphics Inc, an AI chip startup backed by OpenAI CEO Sam Altman, reported Bloomberg.

Continue reading “US regulator compels Aramco to divest Altman-backed AI chip startup” »