ITBEAR

U.S. Makes AM Radios Mandatory in New Vehicles for Disaster Preparedness

September 25, 2024 – The U.S. House Energy and Commerce Committee has recently passed the “AM Radio for Every Vehicle Act of 2024,” mandating that automakers must include AM (Amplitude Modulation) radio functionality in vehicles manufactured and sold in the United States. Under this new legislation, the National Highway Traffic Safety Administration (NHTSA) will establish…

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Anthropic, OpenAI’s Rival, Eyes $30-40 Billion Valuation in Potential Funding Round

September 24, 2024 – Reports from The Information indicate that Anthropic, a US-based AI startup, has initiated discussions with investors for a new round of funding. According to an existing investor, Anthropic’s valuation could potentially reach between 30to40 billion after this new funding round, which is approximately twice the valuation it had after completing a…

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