Do Kwon, co-founder of Terraform Labs, will be extradited to the U.S. to face fraud charges related to the collapse of TerraUSD and Luna cryptocurrencies in 2022, resulting in over $40 billion in investor losses. He was previously found liable for fraud in a U.S. civil trial and Terraform agreed to a $4.5 billion settlement with the SEC.

Source: https://techcrunch.com/tag/ai/

OpenAI plans to transition its for-profit structure to a Delaware Public Benefit Corporation (PBC). This change will allow the company to pursue its mission of ensuring artificial general intelligence benefits all humanity.

Source: https://techcrunch.com/tag/ai/

DeepSeek V3, a Chinese AI model, has been released with capabilities rivaling ChatGPT, but it mistakenly identifies itself as ChatGPT and exhibits similar behavior.

Source: https://techcrunch.com/tag/ai/

Bench, a Canada-based accounting startup, has shut down its platform, affecting thousands of businesses, including over 35,000 U.S. customers.

Source: https://techcrunch.com/tag/ai/

Hertz is offering discounts to renters of electric vehicles, allowing them to buy the car instead of returning it. The offers include a 2023 Chevy Bolt for $18,442, a 2023 Tesla Model 3 with 30,000 miles for $17,913, and a Polestar 2 for $28,500. The deal also includes a 12-month, 12,000-mile powertrain warranty and a buy-back offer within seven days.

Source: https://techcrunch.com/tag/ai/

AI sales development representative (SDR) startups using LLMs and voice technology for personalized outreach are experiencing rapid growth, despite businesses being slow to adopt AI solutions in their ongoing processes.

Source: https://techcrunch.com/tag/ai/

Bluesky has surpassed 24 million users, growing rapidly due to policy changes at X, including a change to the block feature and allowing third-party AI training on user posts.

Source: https://techcrunch.com/tag/ai/

ChatGPT Search can be tricked into generating misleading summaries by inserting hidden text into websites, allowing it to ignore negative reviews and produce entirely positive summaries.

Source: https://techcrunch.com/tag/ai/

Scientists in Tokyo have created a suit called the 'Superman Suit' that uses hydraulic artificial muscles to enable the wearer to perform superhuman tasks, such as rotating around a bar 15 times. This suit has the potential to greatly improve physical abilities.

Source: https://techcrunch.com/tag/ai/

A Chinese lab has developed DeepSeek V3, a powerful 'open' AI model that can handle text-based tasks, outperforming other models in coding competitions.

Source: https://techcrunch.com/tag/ai/