Chestnut Carbon gets $160M to turn old farms into forests
The company buys marginal and degraded farmland, plants them with native trees, and harvests the resulting carbon credits.
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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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EU abandons ePrivacy reform, as bloc shifts focus to competitiveness and fostering data access for AI
A long stalled bid to beef up European Union rules around online tracking technologies — and put penalties on a similar footing to the bloc’s data protection framework, GDPR, which allows for fines of up to 4% of annual turnover for breaches — has been withdrawn by the Commission after co-legislators failed to reach agreement […]
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Lucidity snags $21M to help enterprises optimize their cloud storage
Lucidity, an Indian startup allowing enterprises to automate expansion and shrinking of their cloud storage, has raised $21 million in a Series A round.
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No-code app builder Softr expands beyond Airtable databases
If you’re working for a small company and want to build a client portal or an internal tool, it can be difficult to find the budget and resources to allocate a developer to that small project. That’s why more than 600,000 people, including project managers, HR employees and marketing people, have been trying Softr’s no-code […]
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A woman in China sued Tesla after complaining of faulty brakes — now she’s paying Tesla $23K
As per an investigation by the Associated Press (AP), Tesla has won a defamation lawsuit against one individual called Zhang Yazhou, who in February 2021 was a passenger in a Tesla Model 3 car that allegedly crashed due to faulty brakes, resulting in a four-day hospital stay for both her parents. Following the accident, Zhang […]
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Robots are bringing new life to extinct species
Paleontologists aren’t easily deterred by evolutionary dead ends or a sparse fossil record. But in the last few years, they’ve developed a new trick for turning back time and studying prehistoric animals: building experimental robotic models of them. In the absence of a living specimen, scientists say, an ambling, flying, swimming, or slithering automaton is…
Google Whisk, an image remixing tool, is now available in 100+ countries
Notably, the image tools are not available in countries and regions like India, Indonesia, the EU, and the U.K.
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Tabby doubles valuation to $3.3B in $160M funding as it looks beyond BNPL and plans IPO
Consumer demand for credit options varies across regions, and for fintechs, understanding these differences is key to survival. In developed markets, where credit cards are common, consumers often view buy now, pay later (BNPL) offerings positively because of their flexible installment options. But in emerging markets like the Middle East, where credit card penetration is […]
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Federal workers sue Elon Musk and DOGE to cut off data access
Federal workers are suing DOGE and its creator, Elon Musk to cut off the new agency’s access to their personal data.
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Founders Fund is about to close another $3B fund
Founders Fund is on track to conclude fundraising of its third growth fund at the end of March, according to people close to the firm. The Peter Thiel-founded outfit is raising $3 billion, a source told TechCrunch and Axios also reported. The fund, which is intended primarily for additional investments in its successful late-stage portfolio […]
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