The Download: AI and coding, and Waymo’s aggressive driverless cars
Technology
AWS and Microsoft in UK crosshairs as Ofcom mulls cloud services market investigation
U.K. regulator Ofcom has given its first indication that it’s preparing to refer the local cloud infrastructure services market for an in-depth investigation, with the practices of Amazon and Microsoft in particular in its crosshairs due to their market share. The news comes some six months after Ofcom first revealed it was kickstarting a market […]
AWS and Microsoft in UK crosshairs as Ofcom mulls cloud services market investigation by Paul Sawers originally published on TechCrunch
Cranium launches out of KPMG’s venture studio to tackle AI security
Several years ago, Jonathan Dambrot, a partner at KPMG, was helping customers deploy and develop AI systems when he started to notice certain gaps in compliance and security. According to him, no one could explain whether their AI was secure — or even who was responsible for ensuring that. “Fundamentally, data scientists don’t understand the […]
Cranium launches out of KPMG’s venture studio to tackle AI security by Kyle Wiggers originally published on TechCrunch
Meta wants to use generative AI to create ads
Major tech organizations are racing to ship generative AI tools. And yet, a few companies have remained silent, including Apple and Meta. Today, the organization led by Mark Zuckerberg said that it aims to use generative AI in creating ads for different companies by the end of the year. In an interview with Nikkei Asia, […]
Meta wants to use generative AI to create ads by Ivan Mehta originally published on TechCrunch
China Report: How a Chinese battery company powers Turkey’s home-grown EVs
Equator secures $40M in commitments for fund targeting climate tech startups in Africa
Africa contributes less than 3% of the world’s energy-related carbon dioxide emissions but the continent will be one of the most impacted by the adverse effects of climate change. Some explanations for Africa’s vulnerability include poor diffusion of technologies and information relevant to supporting adaptation, usually provided by clean or climate tech companies. Despite the […]
Equator secures $40M in commitments for fund targeting climate tech startups in Africa by Tage Kene-Okafor originally published on TechCrunch
Kia aims to reach $122B gross revenue by 2030
A year after Kia unveiled its roadmap to sustainable mobility by 2030, the Hyundai-owned brand has upped the ante. At the company’s 2023 CEO Investor Day Wednesday, Kia’s leadership said the company aims to reach KRW 160 trillion ($122 billion) in gross revenue by 2030. The financial goal is part of a general update of […]
Kia aims to reach $122B gross revenue by 2030 by Rebecca Bellan originally published on TechCrunch
Snapchat adds new safeguards around its AI chatbot
Snapchat is launching new tools including an age-appropriate filter and insights for parents to make its AI chatbot experience safer. Days after Snapchat launched its GPT-powered chatbot for Snapchat+ subscribers, a Washington Post report highlighted that the bot was responding in an unsafe and inappropriate manner. The social giant said that after the launch it […]
Snapchat adds new safeguards around its AI chatbot by Ivan Mehta originally published on TechCrunch
Daily Crunch: AWS now accepting applications for its new 10-week generative AI accelerator
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Daily Crunch: AWS now accepting applications for its new 10-week generative AI accelerator by Christine Hall originally published on TechCrunch
Sepura Home raises $3.7 million to make your kitchen sink a composter
Here’s a clever new bit of kitchen tech. Victoria, BC firm Sepura recently introduced its eponymous home appliance, which sits under a sink in place of a garbage disposal. There’s an included Bluetooth button, which can be stuck anywhere near the sink. The system itself sits underneath the sink and is designed to hook directly […]
Sepura Home raises $3.7 million to make your kitchen sink a composter by Brian Heater originally published on TechCrunch