Rolls-Royce SMR has secured a multibillion-pound agreement to build three small modular reactors on Sweden's west coast, "marking a major step in the British engineering group's ambition to become a leading supplier of the technology in Europe," reports Euronews. From the report: Following a rigorous selection process that started in 2022, UK… Read More »
An anonymous reader quotes a report from The Guardian: In May, the federal government announced without warning that it would take apart a network of ocean monitoring systems that it had spent over $350 million to build. No reason was given for the decision to shut down the Ocean Observatories Initiative (OOI), but suspicion immediately focused on… Read More »
Adobe is expanding its Firefly AI assistant into Premiere, Illustrator, InDesign, and Frame.io, where it can automate all sorts of tasks such as organizing clips, renaming assets, adding interview markers, rearranging layers, and finding missing fonts. It's available starting today as part of a public beta. TechCrunch reports: Adobe is slowly… Read More »
California's proposed "billionaire tax" has gathered enough signatures to qualify for the November ballot, setting up a major fight between labor unions and some of Silicon Valley's richest figures. From the report: The California Billionaire Tax Act, colloquially known as the billionaire tax, would levy a one-time 5% tax on any California… Read More »
Midjourney is expanding beyond AI image generation with plans for a medical-imaging business built around a water-based, full-body ultrasound scanner that uses hundreds of thousands of sensors and AI to reconstruct MRI-like images. "As you descend into the water, hundreds of thousands of tiny elements take turns, sending out waves, listening… Read More »
An anonymous reader quotes a report from the Associated Press: As artificial intelligence companies reshape the economy and race toward trillion-dollar valuations, Sen. Bernie Sanders is proposing a sweeping transfer of wealth and power from the industry to the American public. The legislation, shown first to The Associated Press, would create a… Read More »
Apple is allowing iPhone developers in Brazil to distribute apps through authorized alternative marketplaces and use third-party payment systems following action by the country's competition regulator. "In other words, developers in Brazil will be able to circumvent the App Store and Apple's in-app purchase system, but there are still fees,"… Read More »