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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April 2023

Blockchain messaging protocol LayerZero raises $120M, hitting $3B valuation

April 4, 2023

LayerZero Labs, a web3 messaging protocol, has closed a $120 million Series B round, raising its valuation to $3 billion from $1 billion, the company said on Tuesday. Unlike Web 2.0 messaging platforms like WhatsApp and Telegram, this messaging protocol lets users send different types of messages between blockchains, like cross-chain interactions, eliminating the need […]

Blockchain messaging protocol LayerZero raises $120M, hitting $3B valuation by Jacquelyn Melinek originally published on TechCrunch

Satellite bus startup Apex Space plans first launch aboard SpaceX’s Transporter-10

April 4, 2023

Los Angeles-based startup Apex Space will launch its first satellite bus next January, part of its bet that spacecraft mass manufacturing will enable humanity’s greater expansion into the cosmos. The company will launch its Aries spacecraft, which will be equipped with multiple customer payloads, on board SpaceX’s Transporter-10 rideshare mission. Aries, the first in a […]

Satellite bus startup Apex Space plans first launch aboard SpaceX’s Transporter-10 by Aria Alamalhodaei originally published on TechCrunch

The Download: Russia’s crumbling tech industry, and an AI security disaster

April 4, 2023
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. How Russia killed its tech industry In the months after Vladimir Putin announced the invasion of Ukraine, Russia saw a mass exodus of IT workers. According to government figures, about 100,000 IT specialists…

TikTok hit with $15.7M UK fine for misusing children’s data

April 4, 2023

TikTok has been issued with a fine of £12.7 million (~$15.7M) for breaching UK data protection law, including rules intended to protect children. The privacy watchdog, the Information Commissioner’s Office (ICO), announced today that it found the video sharing site “did not do enough” to check who was using their platform and failed to take […]

TikTok hit with $15.7M UK fine for misusing children’s data by Natasha Lomas originally published on TechCrunch

Everstream, which applies big data to supply chain management, raises $50M

April 4, 2023

Just short of a year after raising $24 million from backers including DHL, Everstream Analytics, a company that provides predictive insights for physical supply chains, has secured a fresh round of funding. Everstream today announced that it raised $50 million in a Series B round led by Morgan Stanley’s 1GT Fund with participation from StepStone […]

Everstream, which applies big data to supply chain management, raises $50M by Kyle Wiggers originally published on TechCrunch