Sunday, June 30, 2024

Robot cats, dogs and birds are being deployed amid an ‘epidemic of loneliness’

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In the early 1990s, a researcher at Japan’s National Institute of Advanced Industrial Science and Technology began work on what would become Paro. More than 30 years after its development, the doe-eyed seal pup remains the best-known example of a therapeutic robot for older adults. In 2011, the robot reached the zenith of pop cultural […]

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Apple reportedly working to bring AI to the Vision Pro

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Apple’s AI plans go beyond the previously announced Apple Intelligence launches on the iPhone, iPad, and Mac. According to Bloomberg’s Mark Gurman, the company is also working to bring these features to its Vision Pro headsets. It’s not the most surprising move — if Apple Intelligence (a whole suite of features including an improved Siri, […]

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ServiceNow’s generative AI solutions are taking advantage of the data on its own platform

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One of the earlier SaaS adherents to generative AI has been ServiceNow, which has been able to take advantage of the data in its own platform to help build more business-centric models.

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Defense tech and ‘resilience’ get global funding sources: Here are some top funders

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We live in a very different world since the Russian invasion of Ukraine in 2022 and Hamas’s Oct. 7 attack on Israel. With global military expenditure reaching $2.4 trillion last year, startups are hoping to get a share of the pie, and formerly reluctant investors are keen to help them do so. The U.S. budget […]

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Saturday, June 29, 2024

IRS finalizes new regulations for taxing crypto

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Crypto platforms will need to report transactions to the Internal Revenue Service, starting in 2026. However, decentralized platforms that don’t hold assets themselves will be exempt. Those are the main takeaways from new regulations that the IRS and U.S. Department of Treasury finalized Friday — essentially implementing a provision of the Biden Administration’s Infrastructure Investment and […]

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Detroit Police Department agrees to new rules around facial recognition tech

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As part of a legal settlement, the Detroit Police Department has agreed to new guardrails limiting how it can use facial recognition technology. These new policies prohibit the police from arresting people based solely on the results of a facial recognition search, or on the results of photo lineups conducted immediately after a facial recognition […]

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Matrix rebrands India, China units for ‘organizational independence’

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Matrix is rebranding its India and China affiliates, becoming the latest venture firm to distance its international franchises. The U.S.-headquartered venture capital firm will retain its name, while Matrix Partners India will rebrand to Z47 and Matrix Partners China will rename itself MPC. Matrix began operating the India affiliated fund in 2006 and the China […]


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All VCs say they are founder friendly; Detroit’s Ludlow Ventures takes that to another level

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VCs Jonathon Triest and Brett deMarrais see their ability to read people and create longstanding relationships with founders as the primary reason their Detroit-based venture firm, Ludlow Ventures, is celebrating its 15th year in business. It sounds silly, attributing their longevity to what’s sometimes called “Midwestern nice.” But is it crazy? Maybe not. Before Ludlow, […]


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