The U.S. Securities and Exchange Commission said in a statement Monday that a recent hack of its account on X, formerly known as Twitter, was the result of a hacker taking over the number tied to one of the agency's cell phones.
Why it matters: The details from the SEC's investigation provide fresh insights into how exactly a hacker was able to break into a top government agency's social media account and post untrue, market-moving information.
Air taxi developer Archer Aviation is collaborating with NASA on advanced battery technology, it announced Monday.
Why it matters: The future of advanced air mobility, including electric planes and vertical takeoff and landing aircraft (eVTOLs) like Archer's Midnight aircraft, will require more powerful and efficient batteries.
Meta's stock reached an all-time high Friday, reversing the post-pandemic drubbing it took beginning in 2022.
Why it matters: The company's investments in artificial intelligence (AI) have not only helped its ad business recover from a volatile market, but have also convinced Wall Street that the firm is poised for future growth.
Meta has now joined Google and the Microsoft/OpenAI alliance in the quest for "artificial general intelligence," the AI industry's holy grail.
Driving the news: Meta CEO Mark Zuckerberg announced last week that Meta's "long term vision" is to build artificial general intelligence (AGI) and to open source it "so everyone can benefit."
OpenAI has banned the developer of a bot that mimicked Democratic White House hopeful Rep. Dean Phillips (D-Minn.).
Why it matters: The suspension is the first known instance where the maker of ChatGPT has restricted the use of artificial intelligence in political campaigns.
