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Republican Congressman Jim Jordan asks Big Tech if Biden tried to censor AI
On Thursday, House Judiciary Chair Jim Jordan (R-OH) sent letters to 16 American technology firms, including Google and OpenAI, asking for past communications with the Biden Administration that might suggest the former President “coerced or colluded” with companies to “censor lawful speech” in AI products. The Trump Administration’s top technology advisers previously signaled it would pick […]
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Impacked packs up $2.5M to give the packaging industry a greener tint
Packaging is a trillion-dollar-per-year industry that, by and large, has some sustainability challenges. Impacked is a B2B company that’s bringing green tech to the forefront for everything from jars, tubes and pouches to bottles. The company raised a $2.5 million seed funding round led by TenOneTen Ventures, taking its total funding raised to $3.3 million. […]
Impacked packs up $2.5M to give the packaging industry a greener tint by Haje Jan Kamps originally published on TechCrunch
AI-powered media editing app Descript lands fresh cash from OpenAI
Descript, the audio and video editing platform founded in 2017 by former Groupon CEO Andrew Mason, has raised $50 million in a Series C round led by the OpenAI Startup Fund, a tranche through which OpenAI and its partners, including Microsoft, are investing in early-stage companies. Descript is the second startup to receive a cash […]
AI-powered media editing app Descript lands fresh cash from OpenAI by Kyle Wiggers originally published on TechCrunch
Zest wants to make buying and sending gifts online ‘delightful’
While e-commerce was on the rise before the pandemic, the massive shift to digital supercharged the online shopping industry — bringing entirely new categories of products (and shoppers) to the web. According to Adobe, Americans have spent a record $1.7 trillion online over the last two years, a 55% uptick from two years before the […]
Zest wants to make buying and sending gifts online ‘delightful’ by Kyle Wiggers originally published on TechCrunch
The Download: Tencent’s palm payments, and AI’s carbon footprint
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. Tencent wants you to pay with your palm. What could go wrong? Would you want a bottle of soda for just one cent? Before you say yes, there’s a catch: You have to…
Why we need to do a better job of measuring AI’s carbon footprint
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Lately I’ve lost a lot of sleep over climate change. It’s just over five weeks until Christmas, and last weekend in London, it was warm enough to have a pint outside without…
How tech is fuelling the growth of Fintech
India is home to 20+ fintech unicorns, and the fintech industry is expected to reach $1 trillion in throughput and $200 billion in revenue by 2030. Like every other startup, fintech needs tech too, but they have a different kind of approach towards it, owing to the involvement of huge financial data.
Pickle picks up $26M for its truck unloading robots
Fulfillment has arguably been the hottest robotics category over the past two years, as companies have looked to stay competitive with Amazon, even amid ongoing labor shortages. Still, one of the most important links in the chain remains one of the least addressed. Truck unloading isn’t a particularly easy problem to solve, but Pickle Robot […]
Pickle picks up $26M for its truck unloading robots by Brian Heater originally published on TechCrunch
Weka announces $135M investment on $750M valuation to change how companies move data
If there’s one thing that gets the attention of investors, even in uncertain times like these, it’s data efficiency. Data is the fuel for machine learning models and getting it from point A to point B can be expensive and time consuming. That’s why a startup that can help make that process move faster with […]
Weka announces $135M investment on $750M valuation to change how companies move data by Ron Miller originally published on TechCrunch
WhatsApp India head Abhijit Bose, Meta India public policy director Rajiv Aggarwal quit
WhatsApp’s head of India Abhijit Bose and Meta’s public policy head for the country Rajiv Aggarwal have both left the social networking firm — just days after Meta India chief Ajit Mohan quit the company to join rival Snap. On Tuesday, Meta confirmed the departure of both executives. The company also announced the appointment of […]
WhatsApp India head Abhijit Bose, Meta India public policy director Rajiv Aggarwal quit by Jagmeet Singh originally published on TechCrunch