joyce

Startups

Florida Man Purchases Cake’s Remaining Electric Motorbike Inventory in the US

The future of bankrupt electric motorbike startup Cake is still uncertain, but the majority of its U.S. inventory is going to a guy in Florida. Joyce says he didn’t buy any of the remaining Cake Kalk electric motorcycles, as those have been recalled for battery fire risk and steering column problems. Buying the inventory gives him “six to 12” months of runway, which will give him time to finish negotiating with other companies to sell electric motorbikes. Joyce is confident he can sell the Cake inventory after spending most of the last year honing in on a good sales and marketing strategy. Joyce hopes to find enough success to build Emoto into a brand that becomes a one-stop-showroom for electric motorbikes, similar to some of the country’s biggest powersports dealers.

Kira Kim
February 20, 2024

Robotics & AI

NSA Cyber Director States AI Aids Nation-State Hackers While Assisting US Spies in Their Pursuit

AI aides nation-state hackers but also helps US spies to find them, says NSA cyber directorNation state-backed hackers and criminals are using generative AI in their cyberattacks, but U.S. intelligence is also using artificial intelligence technologies to find malicious activity, according to a senior U.S. National Security Agency official. “We already see criminal and nation state elements utilizing AI. “We’re seeing intelligence operators [and] criminals on those platforms,” said Joyce. “On the flip side, though, AI, machine learning [and] deep learning is absolutely making us better at finding malicious activity,” he said. “Machine learning, AI, and big data helps us surface those activities [and] brings them to the fore because those accounts don’t behave like the normal business operators on their critical infrastructure, so that gives us an advantage,” Joyce said.