Technology

In 2015, Justin Sky, Justin Bailie and Alexander Luksidadi — all veterans of the trucking and logistics industry — came to the realization that, in order to get to a stage of real-time collaboration, the entire trucking industry needed to come online. Shippers, carriers and brokers — the intermediaries between carriers and shippers — had […]

Rose Rocket, whose platform helps transportation companies communicate, raises $38M by Kyle Wiggers originally published on TechCrunch

Artificial intelligence touches many aspects of professional industries, including medicine, legal, business, information technology and more, as of late; AI-powered transcription service is one example that has become an integral part of those fields.   Parrot AI, a transcription platform offering speech-to-text depositions for the legal and insurance industry, said Tuesday it has raised $11 million […]

Parrot AI, a transcription platform that turns speech into text, raises $11M Series A by Kate Park originally published on TechCrunch

This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. How existential risk became the biggest meme in AI Who’s afraid of the big bad bots? A lot of people, it seems. Hundreds of scientists, business leaders, and policymakers have recently made public…

The Wi-Fi signal is weak outside the Frederick Douglass National Historic Site in Anacostia, a historic African-American section of Washington, DC. The abolitionist leader’s former home sits serenely atop a grassy hill in the otherwise bustling neighborhood. It is one of Monica Sanders’s final stops on an overcast December afternoon. Facing the property, she holds…

It’s a really weird time in AI. In just six months, the public discourse around the technology has gone from “Chatbots generate funny sea shanties” to “AI systems could cause human extinction.” Who else is feeling whiplash?  My colleague Will Douglas Heaven asked AI experts why exactly people are talking about existential risk, and why…

European regulators are at a crossroads over how AI will be regulated — and ultimately used commercially and non-commercially — in the region, and today the EU’s largest consumer group, the BEUC, weighed in with its own position: stop dragging your feet, and “launch urgent investigations into the risks of generative AI” now, it said. […]

Consumer group calls on EU to urgently investigate ‘the risks of generative AI’ by Ingrid Lunden originally published on TechCrunch

Oracle is formally launching its “EU Sovereign cloud” for customers in the European Union (EU) today, nearly a year after firs revealing plans for the initiative. So-called “digital sovereignty” has emerged as a critical issue for companies operating across the EU, driven by existing regulations such as GDPR as well as upcoming regulations such as […]

Oracle launches its ‘sovereign cloud’ for EU customers by Paul Sawers originally published on TechCrunch

Go-Ventures, backed by Indonesia’s GoTo, announced Tuesday it has raised the second fund at $240 million and rebranded as Argor Capital “to reinforce the investment firm’s independence and expanded capabilities to drive growth” for its portfolios.  Argor Capital started in 2018 with GoTo backing to invest in startups in Southeast Asia. Though GoTo will remain one of […]

Southeast Asia-focused Go-Ventures closes $240M second fund, rebrands as Argor Capital  by Kate Park originally published on TechCrunch

Who’s afraid of the big bad bots? A lot of people, it seems. The number of high-profile names that have now made public pronouncements or signed open letters warning of the catastrophic dangers of artificial intelligence is striking. Hundreds of scientists, business leaders, and policymakers have spoken up, from deep learning pioneers Geoffrey Hinton and…