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Washington State Joins Federal Antitrust Lawsuit Against Apple

Washington state Attorney General Bob Ferguson has announced his participation in the U.S. Department of Justice’s (DOJ) antitrust lawsuit against Apple, intensifying the legal challenge to the tech giant’s dominance in the smartphone market. Ferguson joins 20 other state attorneys general in this effort, signaling broad state-level support for the federal case. The Allegations Against […]

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Linq Secures $6.6M Funding to Revolutionize Financial Research with AI

In an impressive stride for financial technology, Linq, a startup leveraging AI to streamline research for financial analysts, has raised $6.6 million in a funding round. This round was spearheaded by InterVest and Atinum, with significant contributions from TechStars, Kakao Ventures, Smilegate Investment, and Yellowdog. Founded by MIT alumni Jacob Chanyeol Choi and Subeen Pang, […]

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FTC Chair Lina Khan Outlines AI Oversight Strategy

The Federal Trade Commission (FTC) is gearing up to scrutinize the burgeoning field of artificial intelligence (AI) technology, FTC Chair Lina Khan revealed at TechCrunch’s StrictlyVC event in Washington, D.C., on June 11, 2024. However, the FTC’s approach is not intended to stifle innovation among startups but to ensure fair competition and consumer protection in […]

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Raspberry Pi’s Public Debut: Shares Surge Post-IPO

Raspberry Pi, the innovative company behind the compact and affordable single-board computers, has officially entered the public market. The company’s shares soared 32% following its initial public offering (IPO) on the London Stock Exchange, marking a significant milestone for the tech industry and the London stock market. IPO Highlights and Market Response On Tuesday morning, […]

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Paris-based AI Startup Mistral AI Secures $640M in Series B Funding

Mistral AI, a promising artificial intelligence startup based in Paris, has successfully raised €600 million ($640 million) in its Series B funding round. This significant round was led by General Catalyst, with contributions from a diverse group of investors. The funding comprises both equity and debt, positioning Mistral AI at a valuation of $6 billion. […]

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Masha Bucher Raises Largest Fund Yet: $150M for Day One Ventures

San Francisco, June 11, 2024 – Venture capital powerhouse Masha Bucher has announced the successful raise of $150 million for her firm Day One Ventures’ third fund. This is the largest fund to date for Bucher, a notable figure in the venture capital world known for her distinctive approach to early-stage investments. A Trailblazing Approach […]

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Flow Computing’s Bold Claim: 100x CPU Performance with New Companion Chip

A Finnish startup, Flow Computing, has announced a groundbreaking advancement in silicon engineering. The company claims that its proprietary companion chip, the Parallel Processing Unit (PPU), can exponentially increase any CPU’s performance. According to Flow, their PPU can double a CPU’s performance instantly, with potential gains up to 100x through software adjustments. Revolutionary Technology from […]

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Light Introduces the Minimalist Light Phone III with OLED Screen

In an era where smartphones are becoming increasingly complex, Light, the company known for its minimalist phones, is charting a different course. On June 11, 2024, Light unveiled its latest model, the Light Phone III, which features a larger OLED display and several new functionalities while maintaining its core philosophy of minimalism. Embracing Minimalism with […]

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Spawning’s Source.Plus: Pioneering Ethical AI Training Datasets

In an effort to promote ethical AI training practices, Jordan Meyer and Mathew Dryhurst, the founders of Spawning AI, have introduced Source.Plus. This innovative project aims to curate “non-infringing” media for AI model training, allowing artists to maintain control over how their works are utilized online. The Vision Behind Source.Plus The initiative launched with a […]

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