Y Combinator’s police surveillance darling Flock Safety raises $275M at $7.5B valuation
Flock Safety and one of its long-time VCs, Bedrock Capital, announced Thursday that the startup raised a fresh $275 million at a $7.5 billion valuation. Flock makes computer vision-enabled video surveillance technology used by law enforcement as well as businesses, property management companies, and so on. It’s best known for its automatic license plate recognition […]
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Temu accused of breaching EU’s DSA in bundle of consumer complaints
Consumer protection groups around the European Union have filed coordinated complaints against Temu, accusing the Chinese-owned ultra low-cost e-commerce platform of a raft of breaches related to the bloc’s Digital Services Act (DSA). Temu only launched in the region about a year ago but recently reported blasting past 75 million monthly users. Penalties for confirmed […]
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Senate study proposes ‘at least’ $32B yearly for AI programs
A long-running working group in the Senate has issued its policy recommendation for federal funding for AI: $32 billion yearly, covering everything from infrastructure to grand challenges to national security risk assessments. This “roadmap” is not a bill or detailed policy proposal, but nevertheless it gives a sense of the scale lawmakers and “stakeholders” are […]
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