Twitch streamer Asmongold suspended after Palestinian rant

The streamer, real name Zach Hoyt, later apologised online for his comments.

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Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz

Venture capital firm Accel says that funding for cloud startups is set to rise 27% in 2024 thanks to a boost from AI — the first year of growth in three years.

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LatticeFlow’s LLM framework takes a first stab at benchmarking Big AI’s compliance with EU AI Act

While most countries’ lawmakers are still discussing how to put guardrails around artificial intelligence, the European Union is ahead of the pack, having passed a risk-based framework for regulating AI apps earlier this year. The law came into force in August, although full details of the pan-EU AI governance regime are still being worked out […]
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Doctors complain of IT ‘in the stone age’

The United Kingdom’s NHS — the world’s largest public health service — is working on creaking IT infrastructure. In any sector, that’s a ticking time bomb. But when you consider that the NHS holds medical records for nearly 67 million people, a breach of that system could become a meltdown. This article from the Financial […]
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Long careers in luxury fashion led to a $17M raise for this supply chain platform

The retail sector needs Inventory planning to maintain margins and meet demand. This is getting harder because there are now many distribution channels, more complex supply chains, and shorter sales cycles. Mid-market retailers and premium brands have less firepower than the retail giants and tend to rely on legacy software. Founded in 2020, Autone aims […]
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Support automation firm Capacity grows with new cash and acquisitions

David Karandish has been busy. Capacity, his support automation company, was planning a $5 million “bridge round” to help the company reach the break-even point. But TVC Capital, Toloka.vc, and the venture’s other backers had something grander in mind. So they threw in an additional $21 million for what became Capacity’s $26 million Series D. […]
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Nordic entrepreneur-led VC firm Node.vc closes €71 million first fund

From Switzerland’s Founderful to Italians Founders Fund and the Dutch Operator Fund, a new crop of European VC firms claim to operate as “entrepreneurs backing entrepreneurs.” Although it might still be early to call it a trend, Swedish fund Node.vc has now joined this group, with €71 million in funding to deploy into startups across […]
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Why Big Tech is turning to nuclear to power its energy-intensive AI ambitions

Large tech firms are turning to alternative power sources like nuclear as a way to fulfill growing energy demands from data centers.

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The UAE can guarantee the ‘safety and the security’ of U.S.-made chips, G42 CEO says

The comments come as Washington reportedly continues to weigh limits on advanced chip sales to the Middle East over national security concerns.

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Trump PAC has raised about $7.5 million in crypto donations since early June

A political action committee supporting Donald Trump’s presidential bid has raised about $7.5 million in cryptocurrencies.

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