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- $9 billion travel tech firm Navan on track to hit profitability this year and ‘not far’ from IPO, CEO says
- OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund
- Pine Labs gets Singapore court approval to shift base to India
- Musk launches SpaceX’s Starlink internet services in Indonesia, says more investments could come
- UK opens office in San Francisco to tackle AI risk
Monthly Archives: October 2023
Biden Issues Executive Order to Create A.I. Safeguards
The sweeping order is a first step as the Biden administration seeks to put guardrails on a global technology that offers great promise but also carries significant dangers.
DeepMind’s latest AlphaFold model is more useful for drug discovery
Nearly five years ago, DeepMind, one of Google’s more prolific AI-centered research labs, debuted AlphaFold, an AI system that can accurately predict the structures of many proteins inside the human body. Since then, DeepMind has improved on the system, releasing … Continue reading
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US-led cybersecurity coalition vows to not pay hackers’ ransom demands
The U.S. government and dozens of foreign allies have pledged never to pay ransom demands in a bid to discourage financially motivated hackers and ransomware gangs profiteering from cyberattacks. The joint pledge was announced during the third annual meeting of … Continue reading
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Charlie’s senior-focused banking puts new funding toward stopping fraud
Less than six months after launching to the public and announcing a $7.5 million seed raise, a startup providing banking services to Americans over the age of 62 has raised additional funding. The days of closing two capital raises in … Continue reading
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SEC accuses SolarWinds CISO of misleading investors before Russian cyberattack
The U.S. Securities and Exchange Commission has charged SolarWinds and its top cybersecurity executive Timothy Brown with fraud and internal control failures for allegedly misleading investors about the company’s cybersecurity practices prior to a cyberattack launched by Russian hackers in … Continue reading
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Wirepas nabs $22M to expand a IoT business based on distributed, mesh technology
Wirepas, a startup out of Finland that is building out an Internet of Things business based on a novel approach — using mesh networking, rather than cellular or WiFi to connect thousands of objects — has raised some funding to … Continue reading
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Confirmed: Palo Alto Networks buys Dig Security, sources say for $400M
We reported in September that Palo Alto was getting ready to make yet more security acquisitions out of Israel, specifically of Dig Security and Talon. Today, some confirmation of one of those has arrived: the U.S. security giant said it … Continue reading
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Chinese tech giant Alibaba launches upgraded AI model to challenge Microsoft, Amazon
Alibaba announced Tongyi Qianwen 2.0, its latest large language model, as the Chinese giant looks to compete with U.S. rivals like Amazon and Microsoft.
Sam Bankman-Fried has one more shot at avoiding prison as criminal trial set to wrap up
FTX founder Sam Bankman-Fried will finish his testimony on Tuesday, leaving his fate in the hands of a Manhattan jury
Cambrium aims to one-up nature with designer proteins that scale sustainably
Nature has done a hell of a job over the last few billion years, but there’s always room for improvement. The proteins in our bodies are great but not always the easiest to produce or package — so Cambrium is … Continue reading
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