US AI Safety Institute could face big cuts
The National Institute of Standards and Technology could fire as many as 500 staffers, according to multiple reports — cuts that further threaten a fledgling AI safety organization. Axios reported this week that the US AI Safety Institute (AISI) and Chips for America, both part of NIST, would be “gutted” by layoffs targeting probationary employees […]
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SGNL snags $30M for a new take on ID security based on zero-standing privileges
Security experts often describe identity as the “new perimeter” in the world of security: in the world of cloud services where network assets and apps can range far and wide, the biggest vulnerabilities are often leaked and spoofed log-in credentials. A startup called SGNL has built a new approach that it believes is better at […]
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SpotDraft taps AI to help streamline contract management
More and more legal professionals are embracing AI, surveys show. Per a recent poll from legaltech company Clio, 79% of firms used some form of AI for casework last year, up from just 19% in 2023. Despite some skepticism of the tech, in-house counsel has shown an interest, as well, with one survey suggesting that […]
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The Cost of Everything is Going Up, But Sam’s Club Membership is 60% Off
AI-driven manufacturing database Keychain raises $5M for European push
Brands are constantly trying to streamline how they source packaging materials and ingredient suppliers for their products in order to quickly meet consumer demand. However, even today this process can involve some laborious wandering around trade shows. Keychain is an AI-powered platform that aims to quickly connect the consumer packaged goods (CPG) industry with manufacturing […]
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Adobe launches subscriptions for Firefly AI
Firefly’s Standard plan costs $9.99 per month, the Pro plan will run users $29.99 a month, and there’s a more extensive Premium tier in the works.
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The Download: robot reanimation, and AI crawler wars
I’m CEO of an International Commercial Cleaning Franchise. Here’s How I’ve Turned My Failures Into Fuel for Success.
Lanch bags $27M for a social media-skewed take on fast food
E-commerce startups built around food continue to gobble up funding as investors look for sticky consumer concepts that can scale without breaking the bank. On Wednesday, Germany’s Lanch — which taps social media and influencers to develop popular food brands alongside retail networks for distributing them — closed funding of €26 million ($27 million) to […]
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Chestnut Carbon gets $160M to turn old farms into forests
The company buys marginal and degraded farmland, plants them with native trees, and harvests the resulting carbon credits.
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