It’s close to finishing the deployment of its first MM Catalyst Fund of $50 million, which launched two years ago and has so far invested in 16 businesses throughout the state.
MassMutual launches $100 million fund to invest in diverse founders by Dominic-Madori Davis originally published on TechCrunch
Generative AI, particularly text-to-image AI, is attracting as many lawsuits as it is venture dollars. Two companies behind popular AI art tools, Midjourney and Stability AI, are entangled in a legal case that alleges they infringed on the rights of millions of artists by training their tools on web-scraped images. Separately, stock image supplier Getty Images […]
This startup wants to train art-generating AI strictly on licensed images by Kyle Wiggers originally published on TechCrunch
Amazon is throwing its hat into the generative AI ring. But rather than build AI models entirely by itself, it’s recruiting third parties to host models on AWS. AWS today unveiled Amazon Bedrock, which provides a way to build generative AI-powered apps via pretrained models from startups including AI21 Labs, Anthropic and Stability AI. Available […]
With Bedrock, Amazon enters the generative AI race by Kyle Wiggers originally published on TechCrunch
Tomer Greenwald, Uri Sarid and Ori Shoshan, software developers by trade, found themselves building and configuring software authentication and authorization mechanisms repeatedly — each time with a different tech stack. Frustrated with the process, they sought to create a platform that enables developers to focus on writing code rather than on constantly configuring server permissions. […]
Otterize raises $11.5M to help developers securely connect software services by Kyle Wiggers originally published on TechCrunch
SoftBank is selling one of its venture capital arms, South Korea-based SoftBank Ventures Asia (SBVA), to The Edgeof, a Singaporean investment firm, according to the two companies. The deal’s financial terms have not been disclosed, but the Singaporean VC firm aims to complete the acquisition this year. Last month, SoftBank CEO Masayoshi Son’s younger brother […]
As tech slumps, SoftBank sells VC unit to Singapore-based firm led by Masayoshi Son’s brother by Kate Park originally published on TechCrunch