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Detroit Police Department agrees to new rules around facial recognition tech

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

Matrix rebrands India, China units for ‘organizational independence’

​[[{“value”:” Matrix is rebranding its India and China entities, 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. The unexpected rebranding takes effect July 1. Notably, Matrix’s announcement referred to […] © 2024 TechCrunch….

Amazon hires founders away from AI startup Adept

​[[{“value”:” Adept, a startup developing AI-powered “agents” to complete various software-based tasks, has agreed to license its tech to Amazon as the startup’s co-founders and portions of its team join the ecommerce giant. Geekwire’s Taylor Soper first reported the news. According to Soper, Adept co-founder and CEO David Luan will join Amazon, along with Adept co-founders […] © 2024 TechCrunch….

YC alum Fluently’s AI-powered English coach attracts $2M seed round

​[[{“value”:” There are plenty of resources to learn English, but not so many for near-native speakers who still want to improve their fluency. That description applies to Stan Beliaev and Yurii Rebryk, and this is what inspired them to create Fluently. Making use of AI, Fluently operates as a coach that gives users feedback and tips […] © 2024 TechCrunch….

NASA and Boeing deny Starliner crew is ‘stranded’: “We’re not in any rush to come home”

​[[{“value”:” NASA and Boeing officials pushed back against recent reporting that the two astronauts brought to the ISS on Starliner are stranded on board. The companies said in a press conference Friday that they are using “the luxury of time” to learn as much about the capsule as possible before it returns to Earth.  The two […] © 2024 TechCrunch….

Kleiner Perkins announces $2 billion in fresh capital, showing that established firms can still raise large sums

​[[{“value”:” Many VC firms are struggling to attract new capital from their own backers amid a tepid IPO environment. But established, brand-name firms are still able to raise large funds. On Friday, Kleiner Perkins announced that it closed on more than $2 billion in fresh capital across two funds, a slight increase from the 52-year-old firm’s […] © 2024 TechCrunch….