Technology

OpenAI’s hunger for data is coming back to bite it

April 19, 2023
OpenAI has just over a week to comply with European data protection laws following a temporary ban in Italy and a slew of investigations in other EU countries. If it fails, it could face hefty fines, be forced to delete data, or even be banned.  But experts have told MIT Technology Review that it will…

Coro raises $75M at a $575M valuation to grow its all-in-one cybersecurity platform

April 19, 2023

Simplification has been a big theme in the enterprise world in the last couple of years. If a company can consolidate multiple point solutions into one product or contract, it can reduce complexity and ultimately costs for the end user — so long as those all-in-one offerings are effective at doing the job that 5, […]

Coro raises $75M at a $575M valuation to grow its all-in-one cybersecurity platform by Ingrid Lunden originally published on TechCrunch

How to teach kids who flip between book and screen

April 19, 2023
Linus Merryman spends about an hour a day on his laptop at his elementary school in Nashville, Tennessee, mostly working on foundational reading skills like phonics and spelling. He opens the reading app Lexia with ease, clicking straight through to lessons chosen specifically to address his reading needs. This week Linus, who’s in second grade,…

Cortical Labs raises $10M for its Pong-playing stem cells which eventually could power AI

April 19, 2023

While Generative AI is buzzy right now, what OpenAI, Microsoft and Google are doing may be only part of the story. There is also the process of using biology: the idea of using stem cells to create biocomputers that could potentially be smarter and more energy efficient than what we are used to today. Australian […]

Cortical Labs raises $10M for its Pong-playing stem cells which eventually could power AI by Mike Butcher originally published on TechCrunch

Volkswagen pumps 1B euros into China electric vehicle center

April 19, 2023

Auto Shanghai, which is underway this week, is a yearly opportunity for carmakers and auto suppliers to flex their muscles and show their commitment to China, the world’s largest auto market. At this year’s edition, Volkswagen announced that it will invest around one billion euros ($1.1 billion) in a new China center for the development, […]

Volkswagen pumps 1B euros into China electric vehicle center by Rita Liao originally published on TechCrunch

Another round of mass layoffs expected at Meta this week

April 19, 2023

Meta, formerly Facebook, is expected to issue another round of mass layoffs Wednesday, according to a report from Vox that cites “several sources working at the company.” The layoffs are part of a broader restructuring at Meta that CEO Mark Zuckerberg has dubbed the “year of efficiency.” In March, Zuckerberg said the company would cut […]

Another round of mass layoffs expected at Meta this week by Rebecca Bellan originally published on TechCrunch

Einride brings its electric trucks to U.K. freight sector in partnership with PepsiCo

April 18, 2023

Electric and autonomous trucking company Einride is expanding to the U.K., representing the latest in a line of European market expansions. Einride said that it’s looking to target the 1.6 billion tonnes of goods that are transported by road freight in the U.K each year. Its first U.K. deployment will be in partnership with PepsiCo […]

Einride brings its electric trucks to U.K. freight sector in partnership with PepsiCo by Paul Sawers originally published on TechCrunch

Europe spins up AI research hub to apply accountability rules on Big Tech

April 18, 2023

As the European Union gears up to enforce a major reboot of its digital rulebook in a matter of months, a new dedicated research unit is being spun up to support oversight of large platforms under the bloc’s flagship Digital Services Act (DSA). The European Center for Algorithmic Transparency (ECAT), which was officially inaugurated in […]

Europe spins up AI research hub to apply accountability rules on Big Tech by Natasha Lomas originally published on TechCrunch

FTC warns Congress that AI technology like ChatGPT could ‘turbocharge’ fraud and scams

April 18, 2023

In a Congressional hearing on Tuesday focused on the Federal Trade Commission’s work to protect American consumers from fraud and other deceptive practices, FTC Chair Lina Khan and fellow commissioners warned House representatives of the potential for modern AI technologies, like ChatGPT, to be used to “turbocharge” fraud. The warning was issued in response to […]

FTC warns Congress that AI technology like ChatGPT could ‘turbocharge’ fraud and scams by Sarah Perez originally published on TechCrunch