Author: GT

Accel has invested in Rapido, the ride-hailing platform competing with Uber in India, while Prosus has increased its stake, after Indian two-wheeler giant TVS Motor sold its entire holding. On Thursday, TVS Motor said in a stock exchange filing (PDF) that it has sold its entire stake in Rapido for ₹2.88 billion (about $32 million) to Accel and Prosus’ investment unit, MIH Investments, securing a return of more than 152% over the past three years. Founded in 2015, Rapido has grown into a major player in India’s ride-hailing market, competing with Uber, Ola, and inDrive. The company began with bike…

Tesla will begin producing the Cybercab, an autonomous electric vehicle with no pedals or steering wheel, this April at its factory in Austin, Texas, CEO Elon Musk said during the company’s shareholder meeting Thursday. His comments on Cybercab came just moments after shareholders overwhelmingly approved a compensation package for Musk that could be worth as much as $1 trillion in company shares — the largest in corporate history. “We’ve got the first car that is specifically built for unsupervised, full self-driving to be a robotaxi called a Cybercab — it doesn’t even have pedals or steering wheel,” Musk said, adding…

US President Donald Trump speaks with the press as he meets with Indian Prime Minister Narendra Modi in the Oval Office of the White House in Washington, DC, on Feb. 13, 2025. Jim Watson | AFP | Getty ImagesIn a sign of easing pressure on India, U.S. President Donald Trump said that trade talks with New Delhi were going well, and he could visit the country next year.Trump who was speaking to reporters at the White House on Thursday said India “has largely stopped buying oil from Russia,” and if Prime Minister Narendra Modi extended him an invite, he would visit…

Tesla CEO Elon Musk said Thursday the company will reveal the production version of its second-generation Roadster supercar on April 1, 2026 — nearly nine years after he first revealed the project. Musk, who is famous for missing deadlines, said during Tesla’s annual shareholder meeting that he chose April Fools’ Day in part because it affords “some deniability.” “Like, I could say I was just kidding” if it happens to be later, he said. Revealing the production version of the new Roadster next year is in itself a delay. Just one week ago he appeared on Joe Rogan’s podcast and…

Tinder is looking to AI to revitalize its dating app, which has now reported nine straight quarters of paying subscriber declines, as of the third quarter this year. The dating app maker, Match Group, told investors on Tuesday’s earnings call that Tinder is testing a feature called Chemistry that will get to know users through questions and, with permission, will access Camera Roll photos on users’ phones to learn more about their interests and personality. The feature is already being piloted in New Zealand and Australia and will be a “major pillar of Tinder’s upcoming 2026 product experience,” said Match…

OpenAI is facing seven lawsuits claiming ChatGPT drove people to suicide and harmful delusions even when they had no prior mental health issues. The lawsuits were filed Thursday in California state courts allege wrongful death, assisted suicide, involuntary manslaughter and negligence. Filed on behalf of six adults and one teenager by the Social Media Victims Law Center and Tech Justice Law Project, the lawsuits claim that OpenAI knowingly released GPT-4o prematurely, despite internal warnings that it was dangerously sycophantic and psychologically manipulative. Four of the victims died by suicide. ___EDITOR’S NOTE — This story includes discussion of suicide. If you…

For years, Australians have been been installing solar panels at a rapid clip. Now that investment is paying off.  The Australian government announced this week that electricity customers in three states will get free electricity for up to three hours per day starting in July 2026.  Solar power has boomed in Australia in recent years. Rooftop solar installations cost about $840 (U.S.) per kilowatt of capacity before rebates, about a third of what U.S. households pay. As a result, more than one in three Australian homes have solar panels on their roof. “Now we’re at the level where we can…

China is focusing on large language models in the artificial intelligence space.Blackdovfx | Istock | Getty ImagesIt’s well known that Chinese semiconductors designed for artificial intelligence cannot compete with the American firm Nvidia. Yet, China has managed to continue developing highly advanced AI models, with many being run on homegrown chips.China’s secret? A plethora of cheap energy and giant chip clusters from the China’s tech champion Huawei that are underpinning AI advances in the country’s race against the U.S.”China is striving for self-sufficiency across the AI stack, as it sees AI as a strategic technology for national and economic security,”…

After Zohran Mamdani clinched the New York City mayoral race on Tuesday night, his campaign announced former FTC chair Lina Khan will be one of the transition team’s four co-chairs. Khan has been an ally of Mamdani’s, praising him in a New York Times op-ed about his outreach to small business owners. But her appointment to a formal role on his transition team sends a message to Wall Street and the tech industry, whose most powerful players have already been critical of Mamdani, a Democratic socialist who ruffled the feathers of the tech elite by criticizing billionaires and proposing a…

LOUISVILLE, Ky. (AP) — Videos from phones, cars and security cameras captured the tragic final moments of a UPS cargo plane as it caught fire and crashed in a massive explosion just outside Louisville’s airport, killing at least 12 people and carving a path of destruction on the ground. A large UPS cargo plane with three people aboard crashed Tuesday while taking off from an airport in Louisville, Kentucky, igniting an explosion and massive fire. Plumes of smoke rise from the area of a UPS cargo plane crash at Louisville Muhammad Ali International Airport, on Tuesday, Nov. 4, 2025, in…