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Elon Musk claims the carmaker will someday be the most valuable AI company in the world thanks to the reams of video data collected by its cars. Does all that data really give the company a competitive advantage? By Alan Ohnsman, Forbes Staff Tesla shouldn’t be seen as an electric car manufacturer anymore. It’s an AI company—if you believe CEO Elon Musk. His confidence is tied to a unique dataset: petabytes of video harvested from the company’s cars as Tesla customers log millions of driving miles worldwide. In theory, all that real-world data is exactly what Tesla needs to train…

Israel says it has cut off electricity to Gaza in what seems like another attempt to force Hamas to accept changes it wants to impose upon the ceasefire terms agreed in January. Israel imposed a blockade of humanitarian aid entering Gaza early in March in an attempt to force Hamas into extending the ceasefire’s first phase and releasing more captives. It wants to do that to avoid moving to the second phase, which would entail a permanent end to the war. Aid agencies, human rights organisations and countries, including some of Israel’s allies, have denounced the decision, citing its humanitarian…

A nifty new Gmail capability powered by Google’s Gemini AI has arrived for Google Workspace customers. Starting Monday, users can add events to a Google Calendar directly from an email. Gemini will automatically detect calendar-related content in an email and present an “Add to calendar” button. After clicking the button, the side panel in Gmail will open to confirm the event has been added to the calendar.  Google notes in a blog post that the feature is only available in English and on the web for now. A calendar event created via the “Add to calendar” button won’t include other…

The landscape of wealth management is undergoing a transformative shift, moving away from traditional robo-advisory to embrace a new, dynamic model known as “intelligent advisory”. According to IntellectAI, this innovative approach integrates artificial intelligence (AI) with the expertise of human Relationship Managers (RMs) to significantly enhance the wealth management experience. AI tools augment the capabilities of RMs by enabling hyper-personalisation in client acquisition, sophisticated tailored planning through collaborative filtering, hyper-automation in execution, and proactive monitoring of performance using advanced techniques like sentiment analysis.This integration not only strengthens client relationships but also maximises the outcomes of wealth management services.A prime example…

A new study from Juniper Research has revealed that virtual card transaction values are set to grow by 235% by 2029, reaching $17.4trn, up from $5.2trn in 2025.This marks a significant acceleration compared to the period between 2021 and 2025, during which transaction values increased by 175%. The surge is expected to be driven by the growing subscription economy across both B2B and consumer markets, highlighting the demand for seamless, recurring payment solutions that virtual cards can uniquely facilitate.Virtual cards simplify subscription managementThe report emphasises that the rise in subscription-based services will be a key factor in the adoption of…

If you want to amplify your brand to over 1,000 AI experts and innovators, there’s no better way than by hosting a Side Event during TechCrunch Sessions: AI Week. From June 1 to June 7, TechCrunch is looking for fun and thought-provoking events to coincide with TC Sessions: AI, which takes place on June 5 in Zellerbach Hall at UC Berkeley. Whether it be a cocktail party, an industry meetup, or a thought-provoking panel, we’re open to a wide range of Side Events. TC Sessions: AI is the event that will give you insights into the cutting-edge and ever-evolving industry…

A few years ago, several startups with a specific focus on digital avatars appeared because of all the metaverse buzz. While that buzz died down, generative AI has given a new life to avatars as it is easier to spin up different virtual identities. Companies are trying out different use cases for avatars, including D-ID and Synthesia in the enterprise space, Zoom for meetings, Glance for fashion, Praktika for learning, and TikTok and Captions in the creator space. However, Isaac Bratzel, who created popular virtual influencers such as Lil Miquela and Amelia 2.0, thinks there is a lack of high-quality…

Pakistan continued their streak of failing to reach the upper echelons of cricketing glory as the Green Shirts were absent from the International Cricket Council’s (ICC) Team of the Tournament unveiled by the global governing body on Monday for the Champions Trophy. India mounted a successful chase of a doable 252-run target against New Zealand on Sunday to win the ICC Champions Trophy in Dubai, marking their third title of the tournament. They remained unbeaten after playing all their matches in Dubai owing to a ‘hybrid’ compromise reached after India refused to tour Pakistan for the eight-member tournament. Pakistan, on…

UAE-based Klaim, a healthcare payments solutions provider, has raised $10m in Series A equity funding and secured an additional $16m financing fund to support its regional expansion efforts, according to a report from Zawya.The funding round will help Klaim strengthen its presence in the UAE and extend its operations into Saudi Arabia, Oman, and other markets.The company aims to reshape the healthcare financial landscape by expediting medical insurance claim payments and improving cash flow for healthcare providers in the MENA region.The company’s unique approach, which allows providers to receive payments within 24 hours of submitting claims, enhances financial stability and…

The contest that saw Mark Carney emerge as Liberal Party leader and soon-to-be Canada’s prime minister has turned out to be a boring fait accompli. The drama that led inevitably, it seems, to Carney’s persuasive coronation on Sunday evening occurred late last December when Prime Minister Justin Trudeau’s once-reliable confidante and trusted deputy prime minister, Chrystia Freeland, played Judas. Her surprising resignation as finance minister tipped a wounded and unpopular prime minister – inside and outside his restive caucus – over the parliamentary edge, forcing Trudeau to admit the obvious: Canada’s prince charming was no longer a prince, nor, apparently,…