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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January 2024
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Cybersecurity automation firm Torq lands $42M in expanded Series B
Torq, a self-described “hyperautomation” cybersecurity startup, today announced that it raised $42 million in an extension to its Series B funding round from investors including Bessemer Venture Partners, GGV Capital, Insight Partners, Greenfield Partners and Evolution Equity Partners. Bringing the company’s total raised to $120, the new cash will be put toward expanding Torq’s platform, […]
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OnePlus 12 will deliver flagship specs at premium price
Phone season is in full swing. Last week Samsung introduced its new Galaxy S24 flagship, and the next few weeks will see a deluge of devices up to and including those unveiled at Mobile World Congress at the end of February. Today, however, is OnePlus’ time to shine. The Oppo-owned phone maker just debuted its […]
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Navigate the GenAI era with this startup map
Balancing protective measures, like data protection protocols, with progressive strategies, such as AI-driven product rollouts, is essential.
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iPhone users should turn on Apple’s stolen device protection feature
Apple released a new version of iOS yesterday with a handful of new features, such as collaborative playlists in Apple Music and a new Unity wallpaper for Black History Month. Another interesting new feature in iOS 17.3 is something called stolen device protection. It is disabled by default and I encourage iPhone users to turn […]
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ModernFi secures $18.7M to help banks grow their deposit base
The company provides community and regional banks with end-to-end deposit management capabilities, including a deposit network.
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Bulk Exchange raises $4.5M to help construction companies source bulk materials
That fact that the startup raised from industry folks is not a massive shock once you understand the market that Bulk Exchange is tackling: They likely want to use what it’s building.
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