Cloud-Dependent AI Robot Shutdown Leaves Autistic Children Without Their Digital Companions
• 1 min read
Embodied's closure marks the end for Moxie, an $799 AI-powered social robot designed to support autistic children. The shutdown highlights the vulnerabilities of cloud-dependent AI products as families grapple with explaining their robotic companions' imminent deactivation.
Stoli's US Operations File for Bankruptcy Following Devastating Ransomware Attack
• 1 min read
Stoli Group's US subsidiaries have filed for Chapter 11 bankruptcy, citing an August 2024 cyberattack that crippled operations and $84 million in debt. The company faces multiple challenges, including seized Russian assets and declining market conditions.