Will AI laws protect consumers or stifle innovation?
Local tech founders and funders have diverse and nuanced opinions on whether new laws governing AI are necessary or whether effective legislation of the technology is even possible.
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Elevate Ventures planning a slightly slimmed-down Rally conference for 2024
Based on data from a newly released report about its first-ever Rally innovation conference, organizer Elevate Ventures likely will trim its programming offerings and schedule fewer simultaneous programs.
Indiana judge dismisses state’s lawsuit against TikTok that alleged child safety, privacy concerns
In her ruling, the judge said the court lacked personal jurisdiction over the case and reaffirmed a previous court ruling that found downloading a free app does not count as consumer transaction under the Indiana Deceptive Consumer Sales Act.
Consumers expected to to spend more than $12B online during Cyber Monday
Even though e-commerce is now part and parcel of our everyday lives and much of the holiday shopping season, Cyber Monday continues to be the biggest online shopping day of the year, thanks to the deals and the hype the industry has created to fuel it.
‘Zoom fatigue’ may take toll on the brain and the heart, researchers say
A recent brain-monitoring study supports the phenomenon, finding a connection between videoconferencing in educational settings and physical symptoms linked to fatigue.
Crane naval base poised for growth as innovation hub
Twenty years after nearly being shuttered, U.S. Naval Surface Warfare Center, Crane Division, has become a key player in the federal government’s strategy to outpace its foreign rivals in the booming microelectronics industry.
Proposed pipeline stirs questions about who controls Indiana’s water
Consideration of a pipeline to pump massive amounts of water from Lafayette to the LEAP Innovation and Research District in Lebanon is revealing major gaps in Indiana’s water-rights laws, some stakeholders say.
Altman back as OpenAI CEO just days after being removed, along with new board
The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, culminating a days-long power struggle that shocked the tech industry and brought attention to the conflicts around how to safely build artificial intelligence.
U.S. launches $3B effort to boost advanced chip packaging
The Commerce Department says the U.S. has just 3% of the world’s packaging capacity—compared with an estimated 38% in China—which Washington worries has left the country vulnerable.
Microsoft hires Sam Altman and OpenAI’s new CEO vows to investigate his firing
The developments Monday come after a weekend of drama and speculation about how the power dynamics would shake out at OpenAI.
CEO Altman to depart OpenAI after board loses confidence in his ability to lead
OpenAI is a leading player in AI, and has been in talks to sell employee shares to investors at a valuation of $86 billion, a figure that would make the company one of the largest startups in the world.
Indiana colleges use analytics to try to increase retention
The University of Indianapolis is leading a coalition of six Indiana colleges in an $11 million grant-funded program that’s using data analytics to help boost graduation rates.
TechPoint launching new peer-to-peer network for founders
The Indiana Founders Network is intended to help entrepreneurs connect with peers for personal support and networking. The group’s kickoff event takes place in January.
Amazon to sell $2,350 Astro robot for businesses in bid to boost interest
The new model—designed to work as a rolling security guard—costs $750 more than the consumer version, which launched two years ago.
Carmel sanitizing device maker 3Oe Scientific files for bankruptcy
The business makes a hand-sanitizing device called Iggy that kills pathogens with ozone-infused water instead of soap or other chemicals.
HG Ventures seeks to accelerate its investments in road-tech
Indianapolis-based HG Ventures this week released a report in which it outlines how technology could solve long-standing issues such as traffic congestion, safety and sustainability.
Nextdoor lays off 25% of its full-time staff as neighborhood social network works to cut costs
A spokesperson for the company confirmed that almost 200 employees will be affected by the job cuts announced Tuesday.
IMPD’s expanding use of tech raises privacy concerns
The department is poised to invest $9 million in COVID-19 recovery funds into cameras and other technology. Some critics are raising privacy and efficacy concerns; others say the city hasn’t adopted the new techniques quickly enough.
Allegion Ventures makes $20M investment into California security-tech startup
The investment sets the stage for collaboration between Allegion and Ambient.ai, whose technology helps customers identify and prevent potential security incidents.
Google CEO defends paying Apple, others to make Google default search engine
In the biggest U.S. antitrust case in a quarter century, the Department of Justice contends that Google—a company whose very name is synonymous with scouring the internet—pays off tech companies to lock out rival search engines to smother competition and innovation.