June 13, 2025

Powering next-gen services with AI in regulated industries 

Businesses in highly-regulated industries like financial services, insurance, pharmaceuticals, and health care are increasingly turning to AI-powered tools to streamline complex and sensitive tasks. Conversational AI-driven interfaces are helping hospitals to track the location and delivery of a patient’s time-sensitive cancer drugs. Generative AI chatbots are helping insurance customers answer questions and solve problems. And agentic…

Anthropic CEO claims AI models hallucinate less than humans

May 22, 2025
Anthropic CEO Dario Amodei believes today’s AI models hallucinate, or make things up and present them as if they’re true, at a lower rate than humans do, he said during a press briefing at Anthropic’s first developer event, Code with Claude, in San Francisco on Thursday. Amodei said all this in the midst of a […]

Hinge Health pops 17%, but joins growing ranks of down round IPOs

May 22, 2025
Hinge Health, a digital physical therapist company, closed its first day of trading on the New York Stock Exchange on Thursday at $37.56, up about 17% over the $32 IPO price it set the previous day. That’s a good first-day result. But even with the pop, Hinge’s public valuation is significantly less than its last […]

Klarna CEO and Sutter Hill take victory lap after Jony Ive’s OpenAI deal

May 22, 2025
Hours after Sam Altman and Jony Ive announced on Wednesday that OpenAI was buying Ive’s company, io, in an all-stock transaction valued at $6.5 billion, Klarna CEO Sebastian Siemiatkowski posted a surprising message on X.  His family investment office, Flat Capital, had bought shares in io six months earlier, he said. Since this is an […]

Bluesky will begin verifying ‘notable’ users

May 22, 2025
Bluesky on Thursday quietly opened the doors to those who want to become verified on its social networking service. In a post published by the Bluesky Safety account, the company announced that “notable and authentic” accounts can now apply for verification through a new online form. Plus, organizations can request to become a Trusted Verifier […]

Anthropic’s latest flagship AI sure seems to love using the ‘cyclone’ emoji

May 22, 2025
Anthropic’s new flagship AI model, Claude Opus 4, is a strong programmer and writer, the company claims. When talking to itself, it’s also a prolific emoji user. That’s according to a technical report Anthropic released on Thursday, a part of which investigates how Opus 4 behaves in “open-ended self-interaction” — i.e. essentially having a chat […]

Tinder CEO to step down in July

May 22, 2025
Faye Iosotaluno, the CEO of Tinder, will step down from her role in July, according to a post she published on LinkedIn.  Isootaluno served less than a year in the role, and spent nearly eight years overall at the company, which is owned by Match Group. In her post, she said she was “especially proud […]