Tuesday Aug 06, 2024

Quantum Computing Breakthrough, India’s Reusable Launch Vehicles, AI Chatbot Misinformation, Lucid’s Saudi Investment

Riverlane secures $75M to correct quantum errors, EtherealX puts $5M seed toward reusable launch vehicles, secretaries of state urge X to stop chatbot from spreading election misinformation, Lucid receives $1.5B investment from Saudi wealth fund.

Sources:
https://techcrunch.com/2024/08/05/uks-riverlane-scores-75m-to-correct-quantum-errors/
https://techcrunch.com/2024/08/05/indias-etherealx-puts-5m-seed-toward-fully-reusable-launch-vehicles/
https://techcrunch.com/2024/08/05/secretaries-of-state-urge-x-to-stop-its-grok-chatbot-from-spreading-election-misinformation/
https://techcrunch.com/2024/08/05/lucid-motors-funding-saudi-arabia-q2-earnings/

Outline:
(00:00:00) Introduction
(00:00:42) UK's Riverlane scores $75M to correct quantum errors
(00:03:44) India's EtherealX puts $5M seed toward fully reusable launch vehicles
(00:07:12) Secretaries of state urge X to stop its Grok chatbot from spreading election misinformation
(00:09:27) Lucid pumps $1.5B from Saudi wealth fund after CEO warned relying on its 'bottomless wealth' was 'dangerous'

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