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- đWhy Singapore is Leading in Self-Driving Tech?
đWhy Singapore is Leading in Self-Driving Tech?
Plus: TikTokâs bold move to merge livestream shopping with real-world retail in Santa Monica.
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Monday is here team, and so is the Thanksgiving break.
Today we share from TikTokâs bold move to merge livestream shopping with real-world retail in Santa Monica to AIâs growing role in tackling online exploitation, technology continues to reshape industries. Meanwhile, Swedenâs Northvolt, once a leader in Europeâs battery race, faces bankruptcy, highlighting the steep challenges of competing with established global suppliers. On the funding front, AI startups Together AI and Lambda Labs are drawing major investments, reflecting the growing demand for cutting-edge infrastructure. Dive into these stories and more as we explore the latest shifts in the tech landscape.
Why Singapore is Leading in Self-Driving Tech?
DOGEâs $2 Trillion Budget Cut: A Tough Sell.
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đ° News and Trends.
This Smart Home Company Hit $10 Million in Revenueâand Itâs Just the Beginning
No, itâs not Ring or Nestâitâs RYSE, the company redefining smart home innovation, and you can invest for just $1.75 per share.
RYSEâs patented SmartShades are transforming how people control their window shadesâoffering seamless automation without costly replacements. With 10 fully granted patents and a pivotal Amazon court judgment safeguarding their technology, RYSE has established itself as a market leader in an industry projected to grow 23% annually.
This year, RYSE surpassed $10 million in total revenue, expanded to 127 Best Buy locations, and experienced explosive 200% month-over-month growth. With partnerships in progress with major retailers like Loweâs and Home Depot, theyâre set for even bigger milestones, including international expansion and new product launches.
This is your last chance to invest at the current share price before their next stage of growth drives even greater demand.
Why Singapore is Leading in Self-Driving Tech.
Singapore has become a prime testing ground for autonomous vehicles (AVs), addressing labor shortages and optimizing land use with self-driving buses, freight vehicles, and street sweepers. Its clear safety guidelines, strong government support, and consumer acceptance have drawn global AV firms like WeRide and homegrown Moovita. The city-state tops the Autonomous Vehicles Readiness Index, making it a prestigious launchpad for AV technology. By focusing on safer, simpler deployments like fixed routes and logistics, Singapore is setting a global example for integrating driverless technology into dense urban environments.
Get in Front of 50k Tech Leaders: Grow With Us - Let Us Feature You.
DOGEâs $2 Trillion Budget Cut: A Tough Sell.
Courtesy of Vox.
Elon Musk, co-chair of President-elect Trumpâs "Department of Government Efficiency," aims to slash $2 trillion in federal spending, targeting âwaste, fraud, and abuse.â However, with over half the budget tied to untouchable areas like Social Security, Medicare, Medicaid, and debt interest, and cuts to defense or popular programs politically improbable, his plan faces massive hurdles. Even drastic cuts to discretionary spending and safety net programs wouldnât reach his goal, exposing the myth of easily eliminating âgovernment waste.â
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đ° AI News and Trends
Amazon is playing catch up and throwing a lot more paper to Anthropic for collaboration purposes and AI development (Amazon)
OpenAI Considers Taking on Google With Browser (TheInformation)
BBVA Reports Early Wins with OpenAIâs GPT Tools, Weighs Next Steps (WSJ)
đ Other Tech news
Trumpâs Tariffs Could Derail Clean Energy Progress and Drive Up Costs (MIT)
Employees at Amazon-Owned Whole Foods Store File For Union Election (PI)
Advertisers Retreat From Social Media Policing (TheInformation)
Our Deep Dives.
TikTok Shop Goes Offline with Outlandish Pop-Up
Outlandishâs new Santa Monica pop-up combines TikTok livestream shopping with in-person retail. Shoppers can watch streams on the ground floor and buy featured products upstairs, blending social shopping with real-world convenience during TikTokâs holiday ecommerce push.
AI's Role in Combating Online Exploitation - A Reuters report highlights how platforms like OnlyFans are being misused by sex traffickers, with 11 cases reported involving coerced content streamed behind paywalls. While OnlyFans employs moderators, experts question if AI could better detect and prevent such exploitation.
The challenge reflects a broader issue across social media, as seen with Telegramâs scrutiny for illegal activities. Advancements in AI for content moderation, behavior analysis, and real-time monitoring could be key to safeguarding digital spaces and protecting vulnerable users.
Northvolt's Fall Highlights Battery Industry Challenges
Swedenâs Northvolt, once Europeâs battery leader, filed for bankruptcy after production woes, canceled contracts, and $1.2 billion in losses. Despite $15 billion in funding, its collapse underscores the steep challenges Western firms face in competing with established Asian suppliers and scaling EV production.
AI Startups Together AI and Lambda Labs Eye Fresh Funding
AI infrastructure startups Together AI and Lambda Labs, which rent out Nvidia-powered servers, are seeking significant funding. Together AI, now surpassing $100M in annual revenue, aims to raise $200M, while Lambda Labs is nearing a $600M round at a $2B valuation. The funding highlights growing investor interest in AI server providers competing with major cloud players.
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