The Download: how NYC tackles tough problems, and China’s AI standards

October 18, 2023
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. Why New York City is embracing low-tech solutions to hard problems It’s a reality of politics that is often overlooked: once a law is passed, it needs to evolve from an idea into…

3 Energy Stocks With High Growth Potential

October 18, 2023
Elevated oil prices and growing energy demand will likely drive sustained oil and gas production growth, creating a solid opportunity for companies providing energy services. Hence, it could be wise…

Biden further chokes off China’s AI chip supply with Nvidia bans

October 18, 2023

In August last year, a ban on Nvidia’s chip export to China sent the country’s budding artificial intelligence startups scrambling for alternatives. A momentary sense of relief came when Nvidia unveiled chips with reduced performance to bypass export restrictions. But this respite was short-lived. On Tuesday, the Biden administration announced a slew of measures to […]

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Snap partners with edtech company Inspirit to bring its AR tech to 50 US schools

October 18, 2023

Snap is partnering with edtech company Inspirit to bring augmented reality into classrooms to help students better understand STEM lessons, the company announced on Wednesday. The two companies are working together to create 25 AR Lenses and STEM curriculums that will be used by at least 50 across the United States next year. One of […]

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Passwordless authentication startup SecureW2 raises $80M from Insight Partners

October 18, 2023

Passwordless authentication offers a host of advantages over traditional pins, passphrases and passcodes. Surveys around the web show that compromised passwords cause an estimated 81% of all breaches and that the average person reuses passwords up to 14 times, giving hackers access to a big chunk of one’s digital footprint if they crack the code […]

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Darwinium brings digital security and fraud prevention to the perimeter

October 18, 2023

Back in 2018, LexisNexis acquired the digital identity platform ThreadMetrix for just under $820 million in cash. In 2021, ThreadMetrix co-founders Reed Taussig and Alisdair Faulkner returned to the world of startups when, together with a number of ex-ThreadMetrix engineers and execs, they launched Darwinium, a fraud prevention platform that focuses on protecting fintech, e-commerce, […]

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Peak XV invests $35 million in wealth and asset management startup Neo

October 18, 2023

Peak XV Partners has invested $35 million in Neo, a fintech startup founded by industry veterans, as the largest India-focused VC broadens its bets on wealth and asset management. Neo operates a suite of wealth and asset management services, serving businesses, sovereign and pension funds and large family offices and individuals with ultra-high networth. The […]

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