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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October 2023

Alaska Airlines taps Up.Labs to build the next-generation of aviation startups

October 5, 2023
Alaska Airlines wants to solve some of the stickier problems in aviation. And it’s turning to UP.Labs — a new venture lab that launched publicly in 2022 — for help. The two companies announced Thursday at the Up Summit event in Dallas an agreement to form an aviation venture lab. This lab will create startups […]

The businesses changing climate technology

October 5, 2023
This article is from The Spark, MIT Technology Review’s weekly climate newsletter. To receive it in your inbox every Wednesday, sign up here. Awards season is due for a refresh. While you wait to hear who got the nod for the Oscars, Golden Globes, and Emmys, check out MIT Technology Review’s 15 Climate Tech Companies…

AWS, Microsoft, and Google face UK competition probe over cloud lock-in practices

October 5, 2023
The U.K. cloud market has been thrust firmly into the regulatory crosshairs, with news that the Competition and Markets Authority (CMA) is launching a full-scale investigation into whether the big cloud infrastructure companies make it difficult for businesses to switch, or use multiple providers. The news comes a full year after Ofcom revealed it was […]

Union Square Ventures backs Indian EV infra startup Bolt.Earth in $20M funding

October 5, 2023
Bolt.Earth, an Indian startup that offers charging infrastructure and software solutions for electric vehicles, has raised $20 million in a funding round to expand its presence within the South Asian nation and enter into new markets. The Bengaluru-based startup has raised fresh capital from its existing and new investors, including Union Square Ventures, Prime Venture […]

Indian fintech CRED’s earnings surge 3.5x to $168 million

October 5, 2023
CRED grew its operating revenue by a staggering 255% to $168.1 million in the financial year ending March as the fintech startup, which garners an unusually high level of attention, finds rising adoption of its lending and commerce offerings among India’s affluent individuals. The Bengaluru-headquartered startup had a total income of about $50 million in […]

“Be optimistic and innovate”
— The legacy of Cowboy eBikes pioneer Karim Slaoui, who has passed away

October 5, 2023
Cowboy, the ebike startup that creates innovative electric bikes for city riders, has announced that Karim Slaoui, Co-Founder, (pictured above, right) has passed away. Karim stepped down from the board and the day-to-day running of Cowboy last year.  His co-founders Adrien Roose and Tanguy Goretti issued the following joint statement: “It is with deep sadness that […]

Amazon shutters its live radio app Amp

October 5, 2023
Amazon has shut down its Clubhouse competitor’s live radio app Amp almost 18 months after its launch. The app allowed users to play DJ and provide commentary alongside playing tracks. The company’s lead for digital music, Steve Boom, sent a memo internally saying the decision to shut down the platform “only became clear after months […]

Kestra is an open-source data orchestration platform for complex workflows

October 5, 2023
Meet Kestra, a startup that has been working on an open-source project focused on data orchestration across several services, databases, files, repositories and warehouses. The open source project has attracted thousands of stars on GitHub, proving that there’s some interest and potential behind a new data orchestration platform. But first, why would you need a […]