February 22, 2025

US AI Safety Institute could face big cuts

The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]

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December 2022

With Bling, the fintech startup revolution spreads even to pocket money

December 16, 2022

Today, banks and fintech startups tend not to provide products dedicated to families, specifically, and this has appeared as something of a gap in the market. Meanwhile the general lack of financial education and financial literacy means families are missing out on securing financial prosperity for their families. GoHenry (which raised $121.2M), which bills itself as “smart banking […]

With Bling, the fintech startup revolution spreads even to pocket money by Mike Butcher originally published on TechCrunch

Former Myntra chief’s fashion startup Virgio valued at $161 million in new funding

December 16, 2022

Fashion startup Virgio, co-founded by Amar Nagaram, former chief executive of Myntra, has raised $37 million in a new financing round as the young firm looks to build “a global fashion brand” from the South Asian market. Prosus Ventures, Alpha Wave and Accel co-led Virgio’s Series A funding, valuing the one-year-old startup at $161 million […]

Former Myntra chief’s fashion startup Virgio valued at $161 million in new funding by Manish Singh originally published on TechCrunch

Crypto trader Amber raises $300M as it seeks protection for FTX-hit customers

December 16, 2022

Amber Group, a Sequoia- and Temasek-backed crypto trading firm, has closed a hefty $300 million Series C funding round as the collapse of FTX shakes the crypto world. The news, which the Singapore-based firm announced on Twitter Friday morning, follows on the heels of a Bloomberg report claiming that the crypto trader has ditched a […]

Crypto trader Amber raises $300M as it seeks protection for FTX-hit customers by Rita Liao originally published on TechCrunch

Twitter just banned a wave of prominent journalists with no explanation

December 16, 2022

On Thursday evening, Twitter suspended a number of prominent journalists on the platform without warning or explanation. The situation followed the company’s decision to suspend the Twitter account belonging to Mastodon, an open source social media alternative that’s built momentum since Elon Musk took over at the company. Twitter took action against Mastodon after the […]

Twitter just banned a wave of prominent journalists with no explanation by Taylor Hatmaker originally published on TechCrunch

Twitters suspends Mastodon’s account, making a good case for Mastodon

December 16, 2022

A day after Twitter crafted a new policy to explain its decision to ban an account that tracks Elon Musk’s private jet, the fallout continues. Twitter apparently suspended its open source competitor Mastodon from the service on Thursday afternoon. Just prior to its suspension, Mastodon (@joinmastodon) tweeted a link to the jet tracking account on […]

Twitters suspends Mastodon’s account, making a good case for Mastodon by Taylor Hatmaker originally published on TechCrunch

Tesla Powerwall customers in Texas can now sell their electricity back to the grid

December 15, 2022

Elon Musk’s plan to “operate as a giant distributed utility” is creeping towards reality. First, Tesla piloted a “virtual power plant” in California, where Powerwall home battery owners were invited to sell electricity back to the grid at peak times to mitigate brownouts. Soon after, the automaker expanded the effort into Australia and Japan, and […]

Tesla Powerwall customers in Texas can now sell their electricity back to the grid by Harri Weber originally published on TechCrunch