Nova Credit lands $45M to grow its cross-border and alternative data credit products

October 17, 2023

Moving from one country to another is difficult in many ways, not the least of which involves starting over financially. Nova Credit, which started out as a graduate research project out of Stanford University about seven years ago, was founded to help immigrants overcome the obstacles of applying for things like apartments or loans with […]

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Microsoft-affiliated research finds flaws in GTP-4

October 17, 2023

Sometimes, following instructions too precisely can land you in hot water — if you’re a large language model, that is. That’s the conclusion reached by a new, Microsoft-affiliated scientific paper that looked at the “trustworthiness” — and toxicity — of large language models (LLMs) including OpenAI’s GPT-4 and GPT-3.5, GPT-4’s predecessor. The co-authors write that, […]

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Unleashing Secrets of the 1995 Bull Market

October 17, 2023
In order to predict the possible emergence of an upcoming bull market, it is essential to first analyze the economic factors that were prevalent in 1995. According to renowned financial…

Give biotech a chance for the planet’s sake, EU lawmakers urged

October 17, 2023

European Union lawmakers are being urged to avoid too much risk aversion from holding back the potential of the homegrown biotech sector. Developments in biotech could be transformative in a range of critical sectors. Beyond huge promise in healthcare, innovative, low carbon applications in areas like agriculture and food systems and energy production could help […]

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Why it’ll be hard to tell if AI ever becomes conscious

October 17, 2023
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Many people in AI will be familiar with the story of the Mechanical Turk. It was a chess-playing machine built in 1770, and it was so good its opponents were tricked…

How to fix the internet

October 17, 2023
We’re in a very strange moment for the internet. We all know it’s broken. That’s not news. But there’s something in the air—a vibe shift, a sense that things are about to change. For the first time in years, it feels as though something truly new and different might be happening with the way we…

Invesco raises Swiggy’s valuation to nearly $8 billion

October 17, 2023

Conditions appear to be shifting favorably for India’s Swiggy. The food delivery startup — backed by SoftBank, Prosus and Accel — saw its paper valuation slashed by more than a half this year as investors marked their holdings largely in response to the dwindling market conditions. The startup, valued at $10.7 billion in a funding […]

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Stack Overflow cuts 28% of its staff

October 17, 2023

Developer community site Stack Overflow has laid off 28% of its staff, the Prosus-owned company announced Monday. In a blog post, Stack Overflow’s CEO, Prashanth Chandrasekar indicated that the company is focusing on its path to profitability. While the post didn’t elaborate on the reason behind the job cuts, it mentioned customers’ budgets shifting elsewhere […]

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Ambani’s Jio Financial launches lending and insurance businesses

October 17, 2023

Jio Financial Services, the Indian conglomerate Reliance Industries’ financial services unit, has started its lending and insurance businesses and is rapidly scaling up its offerings as billionaire Mukesh Ambani expands the ever-so-wide tentacles of his oil-to-telecom empire. In an annual presentation this week, the recently publicly listed firm said it has started to offer personal […]

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Ray-Ban Meta sunglasses have ‘influencer’ written all over them

October 17, 2023

This is a review-in-progress. More soon! Somewhere between the Ray-Ban Meta and Meta Quest 3 sits an ideal mixed-reality headset. It’s slim, light, offers hand tracking and passthrough and livestreams video when the moment calls for it. It’s designed to be worn inconspicuously outdoors, until the time comes for content capture. The Meta Quest Ray-Ban […]

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