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X.AI, Elon Musk’s artificial intelligence startup, has filed with the SEC to raise up to $1 billion in an equity offering. The company has raised nearly $135 million from four investors, with the first sale occurring on Nov. 29, according to the filing. The AI startup, which Musk announced in July,…

X.AI, an artificial intelligence startup founded by Elon Musk, has filed with the SEC to raise up to $1 billion in an equity offering.

The company has already brought in nearly $135 million from four investors, with the first sale occurring on Nov. 29, and has a “binding and enforceable agreement” for the purchase of the remaining shares, the filing says.

Continue reading “Elon Musk’s AI startup — X.AI — files to raise $1 billion in fresh capital” »

NICT collaborated with two other institutions to mark a new world record capable of handling 1,000 times more traffic than existing worldwide internet networks.

Japanese engineers have clocked a data transmission rate of 22.9 petabits per second, thanks to a new optical fiber.

Viorika/iStock.

This was more than double their previous world record of 10.66 petabits per second, as per the press release.

When ready, the data center will serve companies like China Telecom and Hong Kong-based AI firm SenseTime.

China Daily.

Continue reading “China sinks 1400-ton data center in sea with power of 6 million PCs” »

Amazon announced today they have bought 3 Falcon 9 launches to deliver their Project Kuiper internet satellites to low Earth orbit in mid-2025.

This wouldn’t be the first time SpaceX has launched a competitor satellite as they have now launched 4 times for one of their other competitors, OneWeb, with a total of 136 satellites delivered to orbit.

Amazon recently made the decision to move up the launch of their first Project Kuiper satellites from United Launch Alliance’s Vulcan rocket which has faced numerous delays to an Atlas V that launched on October 6th.

The addition of SpaceX’s Falcon 9 brings a new dynamic to Amazon’s Project Kuiper, introducing unexpected competition within the space industry.

Amazon, SpaceX

Continue reading “Amazon buys rival SpaceX’s launches for its satellite internet” »

In the age of rapid technological advancements, a new player has emerged on the scene, promising to revolutionize the way we transmit data wirelessly. Li-Fi, or Light Fidelity, is a cutting-edge technology that employs visible light to transmit information, offering an innovative alternative to traditional radio frequency-based wireless communication systems.

The IEEE published the 802.11bb standard for light-based networking in July 2023, an extension of the Wi-Fi specification enabling wireless networking using visible and infrared light rather than the radio spectrum. The standard outlines adjustments to the physical and medium access control layers, allowing wireless networking through light source modulation imperceptible to the human eye.

The Li-Fi specification mandates bidirectional transmission within the 800nm to 1,000nm electromagnetic spectrum range, ensuring a minimum throughput of 10 Mb/s and a maximum of 9.6 Gb/s at the MAC data service access point. By comparison, Wi-Fi operates within wavelengths of 120mm (2.4 GHz) and 60mm (5 GHz), with speeds that vary across versions, including Wi-Fi 6, which reaches up to 9.6 Gb/s, akin to Li-Fi capabilities.

Billionaire CEO Elon Musk on Friday said that his rocket manufacturing company SpaceX launched the satellite systems of its rivals without favoring their own.

The CEO took to X to clarify the same after SpaceX entered into a contract to launch Amazon.com Inc’s AMZN Kuiper satellites, aimed at providing satellite internet along the lines of SpaceX’s Starlink.

What Happened: Under the newly announced contract, SpaceX’s Falcon 9 rocket will launch thrice to deliver Kuiper satellites to low-Earth orbit starting mid-2025. Project Kuiper is a project by the e-commerce giant aimed at providing broadband with the help of a network of satellites in low-Earth orbit like Starlink.

Dec 1 (Reuters) — Amazon (AMZN.O) on Friday said it booked three Falcon 9 launches with Elon Musk’s SpaceX to help deploy the ecommerce giant’s Project Kuiper satellite network, tapping a rival in the satellite internet business for its multi-billion dollar launch campaign.

Amazon aims to build Kuiper as a constellation of 3,236 satellites in low Earth orbit to beam broadband internet globally and compete with SpaceX’s Starlink network, which already has some 5,000 satellites providing nearly global coverage.

Amazon, which vowed in 2019 to invest $10 billion into the project, will put an unspecified number of Kuiper satellites on three Falcon 9 rockets from SpaceX beginning in mid-2025, the company said Friday.