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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June 2023

Kibsi raises $9.3M for its no-code computer vision platform

June 22, 2023

Kibsi is an Irvine, California-based startup that is building a no-code computer vision platform that allows businesses to build and deploy computer vision applications. Among the things that set Kibsi apart from many other players in this space is that it lets businesses reuse their existing cameras to create insights into virtually anything they want […]

Kibsi raises $9.3M for its no-code computer vision platform by Frederic Lardinois originally published on TechCrunch

Robinhood acquires credit card startup X1 for $95M

June 22, 2023

Robinhood announced on Thursday that it was acquiring X1, a no-fee credit card startup, for $95 million in cash. X1, which offers an income-based credit card with rewards, raised a total of $62 million in venture-backed funding from investors like Soma Capital, FPV, Craft Ventures and Spark Capital since its 2020 inception. The company announced […]

Robinhood acquires credit card startup X1 for $95M by Christine Hall originally published on TechCrunch

MongoDB readies its Atlas database service for new workloads

June 22, 2023

At its MongoDB.local NYC event, MongoDB today announced a slew of product releases and updates. Given the company’s focus on its fully-managed Atlas service, it’s no surprise that the majority of news focuses on that platform, with improved support for AI and semantic search workloads, dedicated search nodes to better enabled search use cases and […]

MongoDB readies its Atlas database service for new workloads by Frederic Lardinois originally published on TechCrunch

Plaid unveils new collaboration network aimed at sharing fraud intelligence

June 22, 2023

Want more fintech news in your inbox? Sign up here. Fintech startup Plaid got its start as a company that connects consumer bank accounts to financial applications, but has since been gradually expanding its offerings to offer more of a full stack onboarding experience. And today, Plaid is announcing even more new product releases that […]

Plaid unveils new collaboration network aimed at sharing fraud intelligence by Mary Ann Azevedo originally published on TechCrunch

The people paid to train AI are outsourcing their work… to AI

June 22, 2023
A significant proportion of people paid to train AI models may be themselves outsourcing that work to AI, a new study has found.  It takes an incredible amount of data to train AI systems to perform specific tasks accurately and reliably. Many companies pay gig workers on platforms like Mechanical Turk to complete tasks that…

Should You Invest in Microsoft (MSFT) This Week?

June 22, 2023
Software giant Microsoft (MSFT) beat Wall Street’s top-and-bottom-line estimates for the last reported quarter, driven by significant growth in its cloud services segment. Moreover, the company is taking several strategic…