In a recent podcast episode hosted by LinkedIn co-founder Reid Hoffman, Google DeepMind CEO Demis Hassabis discussed the company’s plans to enhance its AI capabilities by merging its Gemini models with its Veo video-generating technology. This integration aims to improve Gemini’s comprehension of the physical world. Hassabis emphasized that they designed Gemini with a multimodal […]
Continue reading...Fintech Founder Faces Fraud Charges for Misleading ‘AI’ Shopping App Powered by Philippine Workers
Albert Saniger, founder and former CEO of the AI shopping app Nate, has been charged with defrauding investors, according to a press release from the U.S. Department of Justice. Nate, established in 2018, attracted over $50 million from prominent investors, including Coatue and Forerunner Ventures, and in 2021 secured a $38 million Series A funding […]
Continue reading...US Could Impose $1 Billion Fine on TSMC for Chip Tied to Huawei AI Processor
Taiwan Semiconductor Manufacturing Company (TSMC) is facing a potential fine exceeding $1 billion due to a U.S. export control investigation. This inquiry is linked to a chip manufactured by TSMC that was incorporated into a Huawei AI processor. As reported, the investigation stems from concerns surrounding the export of controlled technology to Huawei, a known […]
Continue reading...Incident.io Secures $62M at $400M Valuation to Empower IT Teams in Crisis Management
In today’s tech landscape, while many might claim that AI is the defining term of the decade, a broader and perhaps more crucial concept is “resilience.” This term raises important questions about how well-equipped people, organizations, and nations are to handle unexpected economic, geopolitical, social, and environmental challenges. The importance of resilience is becoming increasingly […]
Continue reading...Solve Intelligence Secures $12M Funding to Enhance AI in Intellectual Property and Patent Processes
Legal tech has significantly evolved, yet much of the work performed by intellectual property and patent lawyers still relies on traditional tools like spreadsheets and word processors. A notable new player in this space is Solve Intelligence, a Delaware-based startup that employs generative AI to streamline patent attorneys’ tasks. The founders believe that their technology […]
Continue reading...OpenAI Files Counter Lawsuit Against Elon Musk to Prevent Unlawful Actions, Aims for Immediate Relief
The ongoing conflict between OpenAI and its co-founder, Elon Musk, continues to escalate, with no resolution in sight. In a recent court filing, OpenAI’s attorneys, along with CEO Sam Altman, called for Musk to be prohibited from engaging in further actions they deem unlawful and harmful. The filing highlights that while OpenAI has shown resilience, […]
Continue reading...Governments uncover numerous Android apps embedded with spyware, alerting users to potential privacy risks.
A coalition of governments has released information regarding a series of Android apps that appear legitimate but are, in fact, spyware. These malicious applications were used to target civil society groups that might challenge China’s state interests. On Tuesday, the U.K.’s National Cyber Security Centre (NCSC), part of the intelligence agency GCHQ, collaborated with agencies […]
Continue reading...Artisan, AI startup encouraging human-free hiring, secures $25M and continues to recruit people
This year has been a challenging yet exhilarating journey for 23-year-old Jaspar Carmichael-Jack, the founder and CEO of Artisan, a startup specializing in AI-driven sales agents. The company recently secured a significant $25 million in Series A funding, led by Glade Brook Capital, with participation from Y Combinator, Day One Ventures, HubSpot Ventures, and others. […]
Continue reading...Waymo to Leverage Interior Camera Data for AI Models, Offering Riders Opt-Out Option
Waymo is gearing up to utilize data from its robotaxis, including video footage from interior cameras linked to rider identities, for training generative AI models. This development has prompted concerns regarding how much of a rider’s behavior within autonomous vehicles could be repurposed for AI training. An unreleased version of Waymo’s privacy policy, discovered by […]
Continue reading...Ex-Tesla Executive Drew Baglino Launches Startup to Innovate Electrical Transformers
Drew Baglino, a former executive at Tesla, has launched a new startup named Heron Power, which is focused on the development of solid-state transformers for the electric grid. According to reports, Heron Power is in the process of raising between $30 million and $50 million for a Series A funding round, with Capricorn Investment Group […]
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