European VCs & tech firms sign open letter warning against over-regulation of AI in draft EU laws

June 30, 2023

Major tech founders, CEOs, VCs and industry giants across Europe have signed an open letter to the EU Commission, warning that Europe could miss out on the generative AI revolution if the EU passes laws stifling innovation. Executives from 150 businesses, including Germany’s Siemens and France’s Airbus, highlighted the risks of tight regulation, saying the […]

European VCs & tech firms sign open letter warning against over-regulation of AI in draft EU laws by Mike Butcher originally published on TechCrunch

GM buys software startup that predicts EV battery fires

June 30, 2023

General Motors said Friday it has acquired Algolion, an Israel-based software startup that can detect potential hazards in battery cells. Financial terms were not disclosed. The automaker did say that Algolion six employees, including the company’s founders, will remain based in Israel and join more than 850 employees at the GM Technical Center in Herzliya, Israel. […]

GM buys software startup that predicts EV battery fires by Kirsten Korosec originally published on TechCrunch

Schools say US teachers’ retirement fund was breached by MOVEit hackers

June 30, 2023

Two U.S. schools have confirmed that TIAA, a non-profit organization that provides financial services for individuals in academic fields, has been caught up in the mass-hacks targeting MOVEit file transfer tools. Middlebury College in Vermont and Trinity College in Connecticut both released security notices confirming they experienced data breaches as a result of a security […]

Schools say US teachers’ retirement fund was breached by MOVEit hackers by Carly Page originally published on TechCrunch