Antitrust enforcers to investigate leading AI companies Microsoft, Nvidia, OpenAI
Federal officials have signaled for more than a year that they’ve been watching out for monopolistic behavior in the rapidly advancing industry.
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Microsoft planning $1B data center in Indiana
The 245,000-square-foot facility, to be located on nearly 500 acres in the Radius Industrial Park, is expected to create up to 200 jobs by the end of 2032.
2024 Innovation Issue: Circle Beverage expands reach with robotic sleeving
The company has spent millions on the mostly automated production line. That shift has allowed the company’s 30 employees to upskill to work with the technology, but he said some manual labor remains.
2024 Innovation Issue: Wearable devices promise improved safety, productivity
But the devices—whether they’re used in the industrial setting or for personal reasons like health and fitness—can also raise concerns as well as questions about data privacy.
2024 Innovation Issue: The path to Industry 4.0
Numerous groups are working to advance both technology adoption and related workforce development in Indiana’s manufacturing industry, especially among the small companies that represent the bulk of Indiana’s manufacturers.
2024 Innovation Issue: How automation can be a lifesaver
Lilly plans to outfit its Lebanon plants—now under construction—with the latest in robotic, digital manufacturing equipment that will do much of the work that a generation ago was done by humans.
Zionsville-based startup selling coffee with a high-tech, NFT twist
Zionsville-based startup Coin Coffee LLC has a new take on an age-old practice—connecting with others over coffee. The company’s business model includes coffee, art and nonfungible tokens as a way to promote artists.
Google scales back AI search answers after telling users to eat glue
The change is the latest example of Google launching an AI product with fanfare and then rolling it back after it goes awry.
Holcomb to make semiconductor-focused European trade trip
Indiana Gov. Eric Holcomb and a delegation of economic and government leaders will attempt to strengthen connections with microelectronic, semiconductor and energy companies on a 10-day trip to France, Belgium and the Netherlands
Authorities arrest man accused of running ‘likely world’s largest ever’ cybercrime botnet
Cybercriminals used Yunhe Wang’s network of zombie residential computers to steal “billions of dollars from financial institutions, credit card issuers and accountholders, and federal lending programs since 2014,” according to an indictment.
Purdue institute launches online academy for studying intersection of tech, national security
The Tech Diplomacy Academy offers subscribers a series of one-hour courses led by Purdue faculty about such topics as hypersonics, cybersecurity, robotics and neural networks.
Using AI, Mastercard expects to find compromised cards quicker
In its latest software update, Mastercard is integrating artificial intelligence into its fraud-prediction technology that it expects will be able to see patterns in stolen cards faster and allow banks to replace them before they are used by criminals.
Some communities struggle to get connected despite billions in broadband investment
In Indiana, 11.2% of residents lack access to modern broadband internet.
Software firm Tenon to use $8M investment round to fund expansion
Indianapolis-based Tenon Software Inc. plans to use the new funding to grow its staff, accelerate product development and boost marketing.
Allison Transmission’s venture arm makes $10M investment in mobility fund
As part of its investment, Indianapolis-based Allison will gain access to EnerTech Capital’s network of companies working on automotive technologies in the areas of electrification, connectivity, autonomy and digitization.
Google wants judge, not jury, to decide upcoming antitrust case
To bolster its case, the tech giant wrote a multimillion-dollar check to the U.S. government that it says renders moot the government’s best argument for demanding a jury trial.
BCforward CEO Justin Christian to acquire NYC-area firm in $29M deal
Christian has set up a new special purpose entity that will purchase all of tech staffing firm TSR Inc.’s outstanding stock for $13.40 per share.
Billionaire says he’s putting together consortium to buy TikTok
If a sale occurs, the former owner of the Los Angeles Dodgers said he would plan to restructure TikTok and migrate the platform to an open-source protocol that allows for more transparency.
Elevate Ventures moving HQ to prominent downtown building
Elevate Ventures, which occupies a 6,000-square-foot office on the north side of Indianapolis, will relocate to a much larger space at 1 Virginia Ave. within the next few months.
Senators urge $32B in emergency spending on AI after finishing yearlong review
A bipartisan group of four senators led by Majority Leader Chuck Schumer and including Sen. Todd Young (R-Indiana) is recommending that Congress spend at least $32 billion over the next three years to develop artificial intelligence and place safeguards around it,