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. How uncrewed narco subs could transform the Colombian drug trade For decades, handmade narco subs have been some of the cocaine trade’s most elusive and productive workhorses, ferrying multi-ton loads of illicit drugs…
Companies seeking images or videos for their materials materials will typically commission a shoot, or scour stock media catalogs. Catch+Release, however, wants to help marketers license existing user-generated content, and the eight-year-old startup is setting out to build an AI-powered search engine to help brands do just that. Catch+Release — founded out of San Francisco […]
Chargeflow, a startup using AI to fight chargeback fraud, today announced that it raised $11 million in a seed round led by the VC firm OpenView Venture Partners. The tranche builds on Chargeflow’s previously undisclosed $3 million seed round closed several months ago, bringing the startup’s total raised to $14 million. Chargeflow was launched in […]
Svatantra Microfin has reached an agreement to acquire Navi Group’s microfinancing unit Chaitanya India for about $178.5 million, the two firms said Tuesday, latest in a series of events at entrepreneur Sachin Bansal’s firm that has struggled to secure a banking license. Svatantra said it will become the second largest microfinancing firm in India with […]
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. AI language models are rife with different political biases The news: AI language models contain different political biases, according to a new study. Researchers conducted tests on 14 large language models and found…
The personal information of approximately 40 million U.K. voters was exposed to hackers for more than a year after the Electoral Commission fell victim to a “complex cyberattack”. The Electoral Commission, the watchdog responsible for overseeing elections in the U.K., said in a statement on Wednesday that it first identified suspicious activity on its network […]
On this episode of the Jeff Fenster Show, we have Lessons Learned where we review our interview with Tim Grover where he shares his insights on building successful relationships, discovering the mindset of a champion, and creating balance in life.
Cybersecurity funding is falling after enjoying impressive heights in the last few years. According to Crunchbase, VC financing for security declined to just over $1.6 billion in Q2 2023, marking a 63% drop compared to the same quarter last year — when startups landed nearly $4.3 billion. But that’s not to suggest deals have dried […]