Technology

Just over one year ago, spend management decacorn Brex declared that it was “less suited to meet the needs of smaller customers” in an announcement that caused shock waves in the startup community. While Brex soon clarified that by smaller customers it meant small to medium-sized businesses and non-funded startups, the move still felt like […]

Brex refocuses on startups with hire of SVB veteran, ex-a16z partner by Mary Ann Azevedo originally published on TechCrunch

David Lazovsky and Preet Virk, technologists with backgrounds in semiconductor engineering and photonics, came to the joint realization several years ago that AI and machine learning workloads would quickly encounter a “data movement” problem. Increasingly, they predicted, it would become challenging to move data to and from compute hardware as AI models scaled past what […]

Celestial AI raises $100M to transfer data using light-based interconnects by Kyle Wiggers originally published on TechCrunch

The United States Department of Homeland Security caused a stir last February when it revealed that it was exploring deploying robot dogs on the U.S./Mexico border. “The southern border can be an inhospitable place for man and beast, and that is exactly why a machine may excel there,” the DHS’s Brenda Long said at the […]

House GOP discusses use of robot dogs to patrol US borders by Brian Heater originally published on TechCrunch

Open banking, which allows consumers to securely share their banking data with third-party providers (TPPs), continues to transform financial services. A new generation of financial technology (fintech) companies—peer-to-peer payment services, mobile banking apps, and trading platforms—offer consumers powerful tools to manage their money and extend their banking capabilities. According to the online data platform Statista,…

In a recent speech, Microsoft CEO Satya Nadella evoked the lofty power of artificial intelligence (AI) to accelerate progress, prosperity, and standards of living. “This technology reaches everyone in the world,” he said. Generative AI takes an idea born in tech communities such as Silicon Valley and Tel Aviv—the ability of algorithmic engines to synthesize…