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
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African credit-led fintech Finclusion raises additional capital amidst rebrand
African credit-led neobank Finclusion Group has raised an additional $2 million in equity financing as it officially rebrands to Fin, the company said in a statement shared with TechCrunch. The news follows a January announcement that the fintech, which uses AI algorithms to provide financial services to African customers via an array of credit-centric products, […]
African credit-led fintech Finclusion raises additional capital amidst rebrand by Tage Kene-Okafor originally published on TechCrunch
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Autonomous and electric truck company Einride raises $500M in equity and debt
Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally. The cash injection constitutes an equity-based $200 million Series C portion from backers including Northzone, EQT Ventures, Temasek, Swedish pension fund AMF, Polar Structure, and Norrsken VC. Additionally, the Swedish company said […]
Autonomous and electric truck company Einride raises $500M in equity and debt by Paul Sawers originally published on TechCrunch
Uber and Motional launch robotaxi service in Las Vegas
Uber and Motional, the Hyundai-Aptiv joint venture focused on commercializing self-driving technology, have launched a robotaxi service in Las Vegas — the first step in the companies’ 10-year plan to co-scale across major North American cities, which was announced in October. While Motional has already launched similar services in Las Vegas on both the Lyft […]
Uber and Motional launch robotaxi service in Las Vegas by Rebecca Bellan originally published on TechCrunch
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WhatsApp starts rolling out 3D avatars
WhatsApp has started rolling out 3D avatars for its users around the globe that can be used as profile photos or custom stickers — months after their debut on Instagram, Facebook and Messenger. On Wednesday, Meta CEO Mark Zuckerberg wrote on Facebook that avatars are coming to WhatsApp. The announcement follows a months-long beta testing […]
WhatsApp starts rolling out 3D avatars by Jagmeet Singh originally published on TechCrunch