cities - CybAI news

08 Aug

SoftBank-Backed Billionaire to Double Fortune on E-Scooter IPO

stp2y0 CommentsRAG modelsBhavish Aggarwal, Billionaires, cities, Elon Reeve Musk, india, IPOs, Mumbai, Pune, social media, Technology, Wealth

Just two years ago, Bhavish Aggarwal was facing one of his biggest tests. A video on social media showed an Ola Electric Mobility Ltd. vehicle bursting into flames in the Indian city of Pune, raising doubts about whether his bet on the world’s biggest e-scooter factory would ultimately pay off.The outspoken founder, who’s drawn parallels to Elon Musk, bounced back. Now, the company’s public listing is set to cement his position as one of the world’s youngest billionaires. Source link lol

06 Aug

Lethal Outbreak of New Mpox Strain Erupts in Central Africa

stp2y0 CommentsRAG modelsafrica, BAVARIAN NORDIC A/S, Central African Republic, cities, Congo, Cote d'Ivoire, Kenya, public health, Rwanda, Technology, World Bank

Countries in central Africa are racing to contain a multinational outbreak of a mutated mpox strain that’s killed almost 500 people in the Democratic Republic of the Congo alone since January.The fast-spreading virus is suspected to have infected more than 12,300 people in 2024 in the DRC, where it was first reported less than a year ago. Recent cases in Ivory Coast, Kenya and at least three other African countries have raised concern of an explosive contagion carried along newly built roads and highways connecting remote mining sites to cities and camps housing hundreds of thousands of conflict-displaced Congolese. Source…

06 Aug

Xpeng Aeroht Raises $150 Million for Production of Flying Cars

stp2y0 CommentsRAG modelsAsia, Automotive, Beijing, business, china, cities, Emerging Markets, Guangzhou, hyperdrive, infrastructure, Megacity, Technology, transportation

Xpeng Aeroht, a unit of Chinese electric carmaker Xpeng Inc., raised $150 million to fund the development and production of a proposed flying car in Guangzhou.In a statement Monday, the company said it has also started the next round of funding as it prepares to build manufacturing facilities in the Chinese city. Source link lol

05 Aug

Elon Musk’s X to Close San Francisco Office, Relocate Workers

stp2y0 CommentsRAG modelscities, Elon Reeve Musk, engineering, Linda Yaccarino, Office Space, Palo Alto, san francisco, San Jose, Social Network, Technology, TWITTER INC

Elon Musk’s X, the social network formerly known as Twitter, will close its San Francisco office, ending the company’s presence in the city where it was founded in 2006. Chief Executive Officer Linda Yaccarino sent an email to employees saying X will move out of its Market Street space in San Francisco, according to a person familiar with the company. Employees will be relocated to an existing office in San Jose and an engineering office in Palo Alto, according to the person, who asked not to be identified because the email wasn’t shared publicly. Source link lol

03 Jul

Britain’s Brewing Battle Over Data Centers

stp2y0 CommentsRAG modelscities, data, energy, infrastructure, policy, regulation

As mayor of Newham, Rokhsana Fiaz has plenty of problems to reckon with. Her London borough is wrestling with entrenched poverty and the capital's highest rate of residents stuck in temporary housing. But midway through her second term, Fiaz has a new plan to turn things around. She believes that AI could provide a multimillion-pound boost to economic growth, and she’s campaigning for Newham to get a share. “We want to be able to seize the opportunities of the data economy,” she says, “and data centers are a core part of that.”Fiaz’s support for the server farms reflects the enthusiasm…

18 Jun

Airbnb’s Olympics Push Could Help it Win Over Paris

stp2y0 CommentsRAG modelsairbnb, cities, olympics, regulation, sharing economy, sports, travel

Short-term rentals can function as a quick release valve for a city expecting an influx of visitors, increasing capacity for a short time nearly instantly. In fact, despite the usual hype around the Olympic Games, there are still many places to stay in Paris this summer.A search on Airbnb for a two-person stay during the first weekend of the games returned more than 1,000 results, with many charging less than $200 a night. A search for hotel rooms on Expedia only turned up about 20 hotels offering similarly low rates. Hotel prices for the dates of the Olympics have actually…

23 May

Drivers Are Rising Up Against Uber’s ‘Opaque’ Pay System

stp2y0 CommentsRAG modelscities, on-demand economy, uber

On Wednesday morning a small group of people huddled over their phones at the foot of the giant glass skyscraper that houses Uber’s London headquarters. They were running an experiment in an attempt to solve one of the greatest mysteries in the platform economy right now: How Uber’s algorithm calculates driver pay.Beneath flags and banners calling on Uber to “Stop Dynamic Pricing,” one driver ordered a ride, acting as a customer to Heathrow Airport, and received a quote for £46. Seconds later, the job pinged up on the phone of a fellow protester, who had told the app he was…