Technology

Socket, a startup that provides a scanning tool to detect security vulnerabilities in open source code, today announced that it raised $20 million in a Series A round led by Andreessen Horowitz (a16z). The tranche had participation from Abstract Ventures, Wndrco, Unusual Ventures and an impressively high-profile list of angel investors, including the co-founders of […]

Multiple generative AI apps have been removed from Apple’s China App Store, two weeks ahead of the country’s new generative AI regulations that are set to take effect on August 15. The move came after Chinese developers received notices from Apple informing them of their apps’ removal. In its letter to OpenCat, a native ChatGPT […]

This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Earlier this year, when I realized how ridiculously easy generative AI has made it to manipulate people’s images, I maxed out the privacy settings on my social media accounts and swapped…

Hazmat suits, PCR tests, quarantines, and contact tracing—it was hard not to feel déjà vu last week when China’s Center for Disease Control and Prevention published new guidance on how to contain a disease outbreak.  But what was happening was not another covid wave. Rather, the Chinese government was addressing a potentially significant new public…

After announcing plans nearly two years ago, defense alliance NATO has officially closed its first fund to back startups that are building technology strategic to NATO’s own goals in defense and security. Member nations are collectively committing capital totalling €1 billion (around $1 billion at current rates) to the NATO Innovation Fund, which plans to […]

Indian entrepreneur Bhavish Aggarwal, co-founder of ride-hailing firm Ola and electric vehicle startup Ola Electric, is venturing into fresh terrain as he navigates his businesses towards initial public offerings. He has set up an AI startup that seeks to develop a large language model and is currently scouting two U.S.-headquartered AI startups for a potential […]

Rapyd, the fintech-as-a-service startup that provides APIs to enable payments, card issuing, digital wallet and other financial services to companies like Uber and Ikea, is taking a significant step forward in its growth with a big acquisition: it is paying $610 million to acquire a giant piece of PayU — the payments group of internet […]

When Google had its unpleasant realization that it had been complacently spinning its wheels on a form of fake AI for a decade, chances are it started re-aligning itself that day. And it sounds like Assistant itself is now getting a generative facelift, according to an internal email reported by Axios. The email says that […]

When Kevin Systrom and Mike Krieger co-founded Instagram in 2010, they basically invented photo-based social networking in the modern mobile era. Fast-forward to 2012 and a $1 billion acquisition by Facebook — and then again to 2018 when Systrom stepped down to research his next company. That’s one heck of an eight-year ride. Fast-forward once […]