New York’s A-list venture capital seed fund, Lerer Hippeau, announced it closed a ninth $200 million fund on Wednesday. That’s a step up from its eighth fund, which closed at $140 million, it said. With the new fund, Lerer Hippeau has $1.4 billion of assets under management. Since its inception in 2010, Lerer Hippeau has […]
OpenAI launches program to design new ‘domain-specific’ AI benchmarks
OpenAI, like many AI labs, thinks AI benchmarks are broken. It says it wants to fix them through a new program. Called the OpenAI Pioneers Program, the program will focus on creating evaluations for AI models that “set the bar for what good looks like,” as OpenAI phrased it in a blog post. “As the […]
Anthropic rolls out a $200-per-month Claude subscription
Anthropic announced on Wednesday that it’s launching a new, very expensive subscription plan for its AI chatbot Claude: Max. An answer to OpenAI’s $200-a-month ChatGPT Pro tier, Max comes with higher usage limits than Anthropic’s $20-per-month Claude Pro subscription, as well as priority access to the company’s newest AI models and features. A bit confusingly, […]
Kalshi CEO: ‘State law doesn’t really apply’ to us
Last week, prediction market startup Kalshi sued New Jersey and Nevada after they tried to shut down its recently launched sports trading operation. In the lawsuit, Kalshi claimed that, since they’re a federally regulated platform, state gaming commissions don’t have the authority to set rules for them. “We’re not necessarily very concerned [because] we are […]
Kalshi CEO: ‘State law doesn’t really apply’ to us
Last week, prediction market startup Kalshi sued New Jersey and Nevada after they tried to shut down its recently launched sports trading operation. In the lawsuit, Kalshi claimed that, since they’re a federally regulated platform, state gaming commissions don’t have the authority to set rules for them. “We’re not necessarily very concerned [because] we are […]
MIT study finds that AI doesn’t, in fact, have values
A study went viral several months ago for implying that, as AI becomes increasingly sophisticated, it develops “value systems” — systems that lead it to, for example, prioritize its own well-being over humans. A more recent paper out of MIT pours cold water on that hyperbolic notion, drawing the conclusion that AI doesn’t, in fact, […]
YouTube expands its ‘likeness’ detection technology, which detects AI fakes, to a handful of top creators
YouTube on Wednesday announced an expansion of its pilot program designed to identify and manage AI-generated content that features the “likeness,” including the face, of creators, artists, and other famous or influential figures. The company is also publicly declaring its support for the legislation known as the NO FAKES ACT, which aims to tackle the […]
Senator puts hold on Trump’s nominee for CISA director, citing telco security ‘cover up’
Sean Plankey’s nomination to head up CISA will be blocked, for now.
US may fine TSMC $1B over chip allegedly used in Huawei AI processor
Taiwan Semiconductor Manufacturing Company (TSMC) may have to pay a fine of $1 billion or more to resolve a U.S. export control investigation related to a chip it made that was used in a Huawei AI processor, according to a report by Reuters. TSMC did not provide any further comments as it is now “in […]
Tired of doing laundry? These startups want to help.
Doing laundry can be a chore. It takes time and is tedious. Few of us like to do it. So it’s no surprise that startups have emerged to take that load off your back — literally. And investors are lining up to fund new and older players alike. Eleven-month-old NoScrubs has just raised $2 million […]