Technology

AI can’t replace human writers

May 3, 2023

In the must-watch final season of “Succession,” Kendall Roy enters a conference room with his siblings. As the scene opens, he takes a seat and declares: “Who will be the successor? Me.” Of course, that scene didn’t appear on HBO’s hit show, but it’s a good illustration of generative AI’s level of sophistication compared to […]

AI can’t replace human writers by Amanda Silberling originally published on TechCrunch

Video: Geoffrey Hinton talks about the “existential threat” of AI

May 3, 2023
Deep learning pioneer Geoffrey Hinton announced on Monday that he was stepping down from his role as a Google AI researcher after a decade with the company. He says he wants to speak freely as he grows increasingly worried about the potential harms of artificial intelligence. Prior to the announcement, Will Douglas Heaven, MIT Technology…

Payment software giant AvidXchange suffers its second ransomware attack of 2023

May 3, 2023

Hackers have published a trove of sensitive data stolen from payment software company AvidXchange after the company fell victim to ransomware for the second time this year. AvidXchange provides cloud-based software that helps organizations automate invoice processing and payment management processes. The North Carolina-based company says it processed 70 million transactions for 8,000 customers in […]

Payment software giant AvidXchange suffers its second ransomware attack of 2023 by Carly Page originally published on TechCrunch

Joby Aviation lands $180M equity investment from returning backer Ballie Gifford

May 3, 2023

Ballie Gifford is buying nearly 44 million newly issued shares in Joby Aviation, a purchase that will provide a $180 million injection of capital into the company as it continues to develop all-electric aircraft for a commercial passenger service. Joby Aviation said Wednesday as part of its first-quarter earnings report that it will sell 43,985,681 […]

Joby Aviation lands $180M equity investment from returning backer Ballie Gifford by Kirsten Korosec originally published on TechCrunch

Bishop Fox lays off employees days after throwing conference party

May 3, 2023

Cybersecurity firm Bishop Fox laid off around 50 employees — or 13% of its workforce — on Tuesday, the company told TechCrunch. The layoffs come just a few days after the company threw a party at the cybersecurity conference RSA, where the company apparently served branded drinks that it called “cyber soup.” Bishop Fox’s official […]

Bishop Fox lays off employees days after throwing conference party by Lorenzo Franceschi-Bicchierai originally published on TechCrunch

Databricks acquires AI-centric data governance platform Okera

May 3, 2023

Databricks today announced that it has acquired Okera, a data governance platform with a focus on AI. The two companies did not disclose the purchase price. According to Crunchbase, Okera previously raised just under $30 million. Investors include Felicis, Bessemer Venture Partners, Cyber Mentor Fund, ClearSky and Emergent Ventures. Data governance was already a hot […]

Databricks acquires AI-centric data governance platform Okera by Frederic Lardinois originally published on TechCrunch