Instead, Agility is going public through a reverse merger that will see it become a publicly traded company and raise $465 million in new capital from retail investors and a tranche of private funding. The transaction will take place through a special purpose acquisition company, or SPAC. “You don’t see a lot of dancing robots or backflipping robots from Agility,” CEO Peggy Johnson told TechCrunch ahead of the company’s market debut. “We stuck to our strat
Archive: August 2020
Agility is the first pure humanoid robot company on the stock market. Are you buying?
Hundreds of Artex AI hacking tools found publicly exposed to the web
The hacking software, called Artex, is an open source autonomous penetration testing tool, meaning software that automatically probes computer systems for weaknesses, and it’s been linked to several cyberattacks since its public release in July. As open source software, it’s free for anyone to download and run on their own servers, making it a popular tool for those who cannot access Anthropic or OpenAI’s most advanced cybersecurity AI models for discoveri
After the midterms, things are looking rocky for Elon Musk and data centers
Listen on Apple Podcasts Listen on Spotify Democrats’ historic victory in this week’s midterm elections could also have a dramatic effect on the tech industry. In dozens of local ballot measures, voters rejected data centers. And even when they weren’t voting on the issue directly, they were electing politicians — like Texas’ new governor-elect Gina Hinojosa — who campaigned on the promise of restricting data centers. On the latest episode of TechCrunch’s
Why responsible AI development needs cooperation on safety
We’ve written a policy research paper identifying four strategies that can be used today to improve the likelihood of long-term industry cooperation on safety norms in AI: communicating risks and benefits, technical collaboration, increased transparency, and incentivizing standards. Our analysis shows that industry cooperation on safety will be instrumental in ensuring that AI systems are safe and beneficial, but competitive pressures could lead to a colle