Effectiv’s fraud tools determine if it is you or your deep fake making that bank withdrawal
Effectiv developed AI-driven payment fraud detection, verification and compliance tools as well as models that are trained to detect that simulated behavior.
How social media encourages the worst of AI boosterism
Demis Hassabis, CEO of Google DeepMind, summed it up in three words: “This is embarrassing.” Hassabis was replying on X to an overexcited post by Sébastien Bubeck, a research scientist at the rival firm OpenAI, announcing that two mathematicians had used OpenAI’s latest large language model, GPT-5, to find solutions to 10 unsolved problems in…
Technology
Collaborative Robotics raises $30M to develop and deploy ‘novel cobot’
A year after unveiling Collaborative Robotics, Brad Porter is still playing it close to the vest. He’s not ready show off the company’s hardware — or even describe it in too great of detail. “I’m being careful about not revealing the design,” he tells TechCrunch. “We’re not really like anything you’ve seen yet, which is […]
Protect AI raises $35M to build a suite of AI-defending tools
Protect AI, a startup building tools to harden the security around AI systems, today announced that it raised $35 million in a Series A round led by Evolution Equity Partners with participation from Salesforce Ventures, Acrew Capital, boldstart ventures, Knollwood Capital and Pelion Ventures. The tranche is more than double the size of Protect AI’s […]
The Download: overhauling air conditioning, and China’s fast fashion war
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. These moisture-sucking materials could transform air conditioning A surprising set of materials could soon help make more efficient air conditioners that don’t overtax the electrical grid on hot days. As extreme heat continues…
3 Tech Stocks Bursting With Value and Stability
The technology industry is well-positioned for significant growth and expansion in the foreseeable years, driven by sustained IT spending and the rapid adoption of emerging technologies worldwide. Given the industry…
OpenAI, Google, Microsoft and Anthropic form body to oversee safe ‘frontier AI’ development
Four of the preeminent AI players are coming together to form a new industry body designed to ensure “safe and responsible development” of so-called “frontier AI” models. In response to growing calls for regulatory oversight, ChatGPT developer OpenAI, Microsoft, Google, and Anthropic have announced the Frontier Model Forum, a coalition that draws on the expertise […]
Samsung’s Galaxy Z Fold 5 gets upgraded chip, thinner body and $1,800 price
The foldable market has changed dramatically since the beginning of 2019. For starters, there actually is a foldables market to speak of. There was plenty of skepticism around the form factor in the pre-pandemic era, and early hardware issues didn’t help matters much. Foldables remain a drop in the overall smartphone bucket, of course, but […]
Dioxycle raises $17 million for its electrolyzer that turns CO2 into ethylene
Dioxycle is a carbon transformation startup that is working on a new process to produce ethylene at scale using recycled carbon emissions. Ethylene is used in packaging, clothing, PVC-based sewage pipes, car interiors and more. And the company recently raised a $17 million funding round co-led by Breakthrough Energy Ventures and Lowercarbon Capital, with Gigascale […]
Shein sued Temu. Temu sued Shein. The war over fast fashion is heating up.
This story first appeared in China Report, MIT Technology Review’s newsletter about technology developments in China. Sign up to receive it in your inbox every Tuesday. Even though I know that Temu and Shein, two Chinese e-commerce platforms, occupy the same off-price shopping space, I have to admit I didn’t expect the tensions between them to escalate…
These moisture-sucking materials could transform air conditioning
A surprising set of materials could soon help make more efficient air conditioners that don’t overtax the electrical grid on hot days. As extreme heat continues to shatter records around the globe, electricity demand for air conditioning is expected to triple in the next few decades—an increase of about 4,000 terawatt-hours between 2016 and 2050,…