Collibra, a data governance platform based in Brussels, is the latest enterprise to acquire a data company in order to expand its offerings in the age of AI. On Thursday, Collibra announced its acquisition Raito, a data access startup founded in 2021. Raito, also located in Brussels, helps companies manage which employees and customers have […]
Phone unlocking firm Cellebrite to acquire mobile testing startup Corellium for $170M
Cellebrite said the deal will help with the “accelerated identification of mobile vulnerabilities and exploits.”
Profitable African fintech PalmPay is in talks to raise as much as $100M
PalmPay, an African digital bank fintech, is in talks to raise between $50 million and $100 million in a Series B round, according to multiple sources familiar with the matter. It’s unclear what valuation it hopes to get, but its last round, in 2021, ranked it among the continent’s most valuable startups, estimated just shy […]
Alphabet CEO Sundar Pichai dismisses AI job fears, emphasizes expansion plans
In a Bloomberg interview Wednesday night in downtown San Francisco, Alphabet CEO Sundar Pichai pushed back against concerns that AI could eventually make half the company’s 180,000-person workforce redundant. Instead, Pichai stressed the company’s commitment to growth through at least next year. “I expect we will grow from our current engineering phase even into next […]
North America takes the bulk of AI VC investments, despite tough political environment
Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals. That’s […]
Hugging Face says its new robotics model is so efficient it can run on a MacBook
AI dev platform Hugging Face released an open AI model for robotics called SmolVLA, which the company claims outperforms much larger models for robotics in both virtual and real-world environments.
Ransomware gang claims responsibility for Kettering Health hack
A group of cybercriminals known as Interlock is advertising stolen data from Kettering Health, which includes patients’ data.
Reddit sues Anthropic for allegedly not paying for training data
Reddit is suing Anthropic for allegedly using the site’s data to train AI models without a proper licensing agreement, according to a complaint filed in a Northern California court on Wednesday. Reddit claims in the complaint that Anthropic’s unauthorized use of the site’s data for commercial purposes was unlawful, and alleges the AI startup violated […]
Klarna CEO says company will use humans to offer VIP customer service
CEO Sebastian Siemiatkowski told the crowd at London SXSW that his company plans to balance employees and AI workers.
Unity CTO Steve Collins steps down after six months
Steve Collins, the CTO of the game engine developer Unity, is stepping down, a company representative confirmed to TechCrunch. He joined Unity just six months ago after serving as CTO of King, the mobile gaming company behind Candy Crush. According to Unity, Collins made the decision to leave the company of his own accord. “We […]