Debt collection in emerging markets often feels outdated and can be costly — damaging borrower trust. As consumer lending surges and regulators push for fairer practices, legacy collection outfits are struggling to maintain pace. ClearGrid aims to help modernize debt collection — and recovery — with AI. The Dubai-based startup, which is emerging from stealth […]
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SoftBank Group announced on Wednesday that it will acquire Ampere Computing, a chip designer founded by former Intel executive Renee James, through a $6.5 billion all-cash deal as a strategic move to broaden its investment in AI infrastructure. Ampere will be operate as a wholly-owned subsidiary of SoftBank after the deal, which is expected to […]
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Wiz’s $32 billion all-cash acquisition by Google parent Alphabet promises a colossal payday for the cybersecurity startup’s early-stage investors. The deal is a big win for Sequoia, one of the best-known VC firms, which stands to make $3 billion, about 25x the money it invested in the company, Bloomberg reported. Despite substantial returns for Sequoia’s […]
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OpenAI has launched a more powerful version of its o1 “reasoning” AI model, o1-pro, in its developer API. According to OpenAI, o1-pro uses more computing than o1 to provide “consistently better responses.” Currently, it’s only available to select developers — those who’ve spent at least $5 on OpenAI API services — and it’s pricey. Very […]
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Another consumer-grade spyware operation was hacked in June 2024, which exposed thousands of Apple Account credentials.
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Using stalkerware is creepy, unethical, potentially illegal, and puts your data and that of your loved ones in danger.
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Have researchers discovered a new AI “scaling law”? That’s what some buzz on social media suggests — but experts are skeptical. AI scaling laws, a bit of an informal concept, describe how the performance of AI models improves as the size of the datasets and computing resources used to train them increases. Until roughly a […]
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AI startup Hugging Face has released a new app for iOS that only does one thing: uses offline, local AI to describe what’s in view of your iPhone’s camera. The app, called HuggingSnap, taps Hugging Face’s in-house vision model, smolvlm2, to analyze what your phone sees in real-time without sending data off to the cloud. […]
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Former NSA deputy director George Barnes has made his first investment as a venture capitalist for his new job at the VC incubation studio Red Cell Partners. It’s a $3 million seed deal in an open source cybersecurity startup called Hunted Labs, he told TechCrunch exclusively. Barnes spent his entire 35-year career at the spy agency, […]
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During a recent dinner with business leaders in San Francisco, a comment I made cast a chill over the room. I hadn’t asked my dining companions anything I considered to be extremely faux pas: simply whether they thought today’s AI could someday achieve human-like intelligence (i.e. AGI) or beyond. It’s a more controversial topic than […]
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After hitting record lows at the start of the pandemic, mortgage rates began to climb in 2022 and haven’t come down significantly since. With 30-year mortgage rates hovering at over 6.5% today (they were as low as 2.49% in 2020!), buying a home is simply not that attainable for many people. One Denver-based startup is […]
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President Trump fired the two Democratic members of the Federal Trade Commission on Tuesday, setting up a challenge to a 1935 Supreme Court precedent prohibiting the firing of FTC commissioners for reasons other than “good cause.” The White House terminated commissioners Rebecca Kelly Slaughter and Alvaro Bedoya earlier Tuesday, The New York Times reported. In […]
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Sunita “Suni” Williams and Barry “Butch” Wilmore have returned to Earth after a nine-month stay on the International Space Station — a trip that lasted far longer than originally planned thanks to leaks and thruster problems on the Boeing Starliner spacecraft they used to get there. Williams and Wilmore splashed down in the Gulf of […]
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On Tuesday, Vice President JD Vance said that the Trump administration’s support of AI and tech innovations should benefit both populists and those investing and leading tech companies. “I think there’s too much fear that AI will simply replace jobs rather than augmenting so many of the things that we do now,” said Vance at […]
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Nvidia is collaborating with Disney Research and Google DeepMind to develop Newton, a physics engine to simulate robotic movements in real-world settings, Nvidia CEO Jensen Huang announced at GTC 2025 on Tuesday. Disney will be among the first to use Newton to power its next-generation entertainment robots, like the Star Wars-inspired BDX droids — one […]
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