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Meta AI is finally coming to the EU, but with limitations

​[[{“value”:” Amid an ongoing regulatory battle with European privacy authorities, Meta announced on Thursday that its AI-powered virtual assistant, Meta AI, is finally launching in the European Union. The chatbot-like tool will be rolled out across Meta’s portfolio of social platforms, albeit with a more limited feature set compared to what it offers in its domestic […] © 2024 TechCrunch….

TikTok to start pushing Amber Alerts to users’ For You feeds

​[[{“value”:” TikTok is partnering with the National Center for Missing & Exploited Children (NCMEC) to bring real-time Amber Alerts directly to users’ For You feeds in the United States, the company announced on Thursday. With this new feature, if an Amber Alert is activated by law enforcement and you are in the designated search area, the […] © 2024 TechCrunch….

Finding common ground: how can we reduce political polarisation?

Finding common ground: how can we reduce political polarisation?

​[[{“value”:” Finding common ground: how can we reduce political polarisation? Published: Politics is often a divisive topic, as people have strong views about politicians, governments and how society should be organised. At the University of Alberta in Canada, Professor Jared Wesley is helping people with opposing political views to find common ground. By encouraging respectful discussions, he hopes to reduce…

Pruna AI open sources its AI model optimization framework

​[[{“value”:” Pruna AI, a European startup that has been working on compression algorithms for AI models, is making its optimization framework open source on Thursday. Pruna AI has been creating a framework that applies several efficiency methods, such as caching, pruning, quantization and distillation, to a given AI model. “We also standardize saving and loading the […] © 2024 TechCrunch….

Amid calls for sovereign EU tech stack, Evroc raises $55M to build a hyperscale cloud in Europe

​[[{“value”:” A Swedish startup aiming to build a hyperscale cloud company in Europe has raised €50.6 million ($55 million) in Series A funding. Evroc, as it’s called, says it’s laying the foundations for a “secure, sovereign and sustainable hyperscale cloud to reimagine the digital future of Europe.” The announcement comes amid growing calls to create a […] © 2024 TechCrunch….

ChatGPT hit with privacy complaint over defamatory hallucinations

​[[{“value”:” OpenAI is facing another privacy complaint in Europe over its viral AI chatbot’s tendency to hallucinate false information — and this one might prove tricky for regulators to ignore. Privacy rights advocacy group Noyb is supporting an individual in Norway who was horrified to find ChatGPT returning made-up information that claimed he’d been convicted for […] © 2024 TechCrunch….

Michael Seibel is leaving Y Combinator

​[[{“value”:” Michael Seibel announced late Wednesday on X that after more than 12 years at the famed accelerator Y Combinator, he is transitioning to a “partner emeritus” role. Y Combinator CEO Garry Tan shared the news separately in a company blog post, highlighting Seibel’s long history with the outfit. Seibel first joined YC as a founder, […] © 2024 TechCrunch….

ClearGrid, armed with a fresh $10M, is developing AI to improve debt collection in MENA

​[[{“value”:” 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 […] © 2024 TechCrunch….

SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal

SoftBank to acquire semiconductor designer Ampere in $6.5B all-cash deal

​[[{“value”:” 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 […] © 2024 TechCrunch….

How a $6M bet on Wiz turned into a massive 200x return for one early backer

How a $6M bet on Wiz turned into a massive 200x return for one early backer

​[[{“value”:” 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 […] © 2024 TechCrunch….