Tech warriors in the battle for Israel’s democracy
Israel’s high-tech sector stands united in its commitment to safeguard the democratic values that have propelled success on the global stage.
Where OpenAI’s technology could show up in Iran
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. It’s been just over two weeks since OpenAI reached a controversial agreement to allow the Pentagon to use its AI in classified environments. There are still pressing questions about what exactly OpenAI’s…
Technology
Congress probes Ford’s big battery deal with China’s CATL
In a public letter addressed to Ford boss Jim Farley, House Republicans Mike Gallagher and Jason Smith announced that two congressional committees are investigating the automaker’s licensing deal with Chinese battery maker CATL. The probe centers on Ford’s efforts to put CATL’s battery cell technology to use at an upcoming, $3.5 billion battery cell plant […]
European insurtech is showing strength that venture data doesn’t fully detail
If you only tracked American insurtech companies that went public recently, you might think insurtech is in its flop era. Thankfully, that’s not true.
FedNow is finally live in the US
The U.S. government’s instant payment system, FedNow Service, went live this week. Here’s a quick refresher on what that is: FedNow is an instant payment infrastructure for transferring money that promises to be a faster payment rail for financial institutions, offering immediate access to funds no matter the day or time. As you know, this […]
Pitch Deck Teardown: CleanHub’s $7M seed deck
Plastic in ocean bad. Plastic not in ocean good. That’s, in a nutshell, the pitch for CleanHub. The company has designed a whole business model and a track-and-trace model around that, so brands can rest assured that their plastics don’t end up in the oceans. Who these brands are, and what happens to the plastic […]
The Download: digital dollars, and AI guidelines
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. Is the digital dollar dead? In 2020, digital currencies were one of the hottest topics in town. China was well on its way to launching its own central bank digital currency, or CBDC,…
OpenAI’s head of trust and safety Dave Willner steps down
A significant personnel change is afoot at OpenAI, the artificial intelligence juggernaut that has nearly single-handedly inserted the concept of generative AI into global public discourse with the launch of ChatGPT. Dave Willner, an industry veteran who was the startup’s head of trust and safety, announced in a post on LinkedIn last night that he […]
Grab acquires Singapore’s third-largest taxi operator Trans-cab
Singapore’s ride-hailing and food delivery company Grab has signed an agreement for its car rental unit Grab Rentals to acquire Trans-cab, the city state’s third largest taxi operator. The deal, Grab’s first local competitor acquisition, is expected to close in the fourth quarter of 2023 and includes “Trans-cab’s taxi and car rental business, maintenance workshops and […]
Is the digital dollar dead?
It’s summer 2020. The world is under a series of lockdowns as the pandemic continues to run its course. And in academic and foreign policy circles, digital currencies are one of the hottest topics in town. China is well on its way to launching its own central bank digital currency, or CBDC, and many other…
Kasha raises $21M Series B led by Knife Capital to expand health access platform across Africa
As Africa’s youthful population continues to grow exponentially, it’s of the utmost importance that entrepreneurs create various healthcare solutions that will cater to the medical needs of the continent’s future. While the pandemic made investors pay attention to Africa’s private healthcare space, women’s health — a subcategory dominated by women founders that broadly addresses women’s […]