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Three reasons why DeepSeek’s new model V4 matters
On Friday, Chinese AI firm DeepSeek released a preview of V4, its long-awaited new flagship model. Notably, the model can process much longer prompts than its last generation, thanks to a new design that helps it handle large amounts of text more efficiently. Like DeepSeek’s previous models, V4 is open source, meaning it is available…
India’s MPL cuts workforce by 50% amid taxation changes
India’s popular online gaming and fantasy sports startup Mobile Premier League has reduced its staff by approximately 50%, two people familiar with the matter said, weeks after New Delhi implemented a 28% tax on online real-money games. The Bengaluru-based startup initially announced its plans to cut jobs to employees last week and sent a formal […]
A small and electric Land Rover Defender sounds likely for 2027
The Land Rover Defender might be getting an electric little brother. According to an Autocar report, a Jaguar-Land Rover executive recently revealed some interesting details at an investor conference. This so-called baby Defender is said to use JLR’s Electric Modular Architecture (EMA) platform and is expected to arrive in 2027. This platform will also be […]
Simon Data is putting customer data to work with $54M Series D
The customer data platform (CDP) has become a standard way to collect first party customer data and put it to work. Simon Data, which was founded in 2015, has always had a vision of being more than purely a customer data repository. It also offers applications out of the box to work with that data, […]
Greenlight’s new credit card helps teens, their parents build credit together
Greenlight gets into the credit card game, offering families up to 3% cash back on all purchases with the Greenlight Family Cash Card.
Catch+Release is building an AI-powered search engine to help brands license user-generated content
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, which taps AI to fight chargebacks, raises $14M
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 […]
Sachin Bansal sells Navi’s microfinancing unit for $178.5 million
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 […]
The Download: political AI models, and a wrongful arrest
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…
Electoral Commission hack exposed data of 40 million UK voters
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 […]