As the demand for AI surges, AI vendors are devoting greater bandwidth to data security issues. Not only are they being compelled to comply with emerging data privacy regulations (e.g. the EU Data Act), but they’re finding themselves under the microscope of clients skeptical about how their data is being used and processed. The trouble […]
Relyance lands $32M to help companies comply with data regulations Read More »
Health and life insurance providers face a rising volume of claims due to chronic disease and aging populations, but their processes lack scalability. AI automation can help, but it takes more tailoring than for other insurance types. Automating property and casualty insurance, for instance, gave rise to public company Guidewire decades ago, but health insurance
Modern connected vehicles, and especially EVs, generate a lot of data. But automakers don’t often give owners a good way to play around with that data. Instead, drivers are more likely to wind up in a situation like the New York Times reported on earlier this year: essentially tricked into giving away that data for
TezLab launches new AI-powered ‘car reports’ for Tesla and Rivian EVs Read More »
About 12 years ago, not long after Tesla began delivering the Model S, chief designer Franz von Holzhausen started to think about what an autonomous vehicle might look like. Von Holzhausen played a central role at Tesla leading the design team on the Model 3 and Model Y, as well as the Tesla Semi. But
For fusion power aficionados, hitting “breakeven” is something of a Holy Grail: the point at which a fusion reaction produces more power than was required to ignite it. Only one scientific experiment, at the National Ignition Facility, has accomplished that feat, and it took over a decade of tweaking the system to achieve the monumental
Zap Energy shows off its new fusion power prototype, Century Read More »
Cloud providers are chasing after AI unicorns, and the latest is Fei-Fei Li’s World Labs. The startup just tapped Google Cloud as its primary compute provider to train AI models, a deal that could be worth hundreds of millions of dollars. But Li’s tenure as chief scientist of AI at Google Cloud wasn’t a factor,
Fei-Fei Li picks Google Cloud, where she led AI, as World Labs’ main compute provider Read More »
LoanSnap, an AI-powered mortgage startup, has had its license to operate revoked in Connecticut, according to the state’s Banking Commissioner. This occurred after LoanSnap violated a consent order it had entered into with the Department of Banking in May. The department revealed Tuesday that its consumer credit division opened an investigation that found multiple violations
AI mortgage startup LoanSnap loses license to operate in Connecticut Read More »
Unify, an AI-powered startup that uses data to reach prospective buyers, has raised a $12 million Series A led by existing investors Emergence Capital and Thrive Capital. OpenAI Startup Fund, Neo, Abstract, 20Sales, and AltCap also participated in the round. The 20-month-old company went through OpenAI’s Converge I accelerator last year and, following that program,
Unify, an OpenAI Converge accelerator grad, lands $12M for ‘warm outbound’ messages Read More »
Russian cybersecurity giant Kaspersky is shutting down its office in the United Kingdom and laying off its staff, just three months after the company started closing down its U.S. operations and laying off dozens of workers, TechCrunch has learned. Kaspersky spokesperson Francesco Tius said in an email to TechCrunch that the company “will commence a
Kasperksy says it’s closing down its UK office and laying off dozens Read More »
Fisker’s Chapter 11 bankruptcy has hit a major snag, as the company buying the startup’s remaining fleet of electric SUVs says it might not complete the purchase because of a surprising technical issue. The buyer, a New York-area leasing company called American Lease, says in a new filing that Fisker now believes there is no
Fisker bankruptcy hits major speed bump as fleet sale is now in question Read More »
