News

Rippling Restricts Tender Offer for Ex-Employees at Competitors
In a move stirring controversy, Rippling, a rapidly growing HR startup, has prohibited former employees now working at specific competitors from participating in its extensive tender offer stock sale. The decision has sparked debate among ex-employees and industry observers. Rippling’s Tender Offer: The Details Rippling has opened a significant tender offer, worth up to $590 […]

Mike Lynch Acquitted in Landmark HP Fraud Case
Former Autonomy CEO Mike Lynch has been acquitted of all criminal charges in a landmark US fraud trial, concluding a 13-year legal saga with Hewlett-Packard (HP). The charges, which alleged that Lynch had artificially inflated Autonomy’s revenues prior to its $11 billion sale to HP in 2011, were dismissed after a 12-week trial. The Acquittal: […]

Human Native AI: Building the Marketplace for AI Training Licensing Deals
Human Native AI, a London-based startup, is addressing a critical issue in the AI industry by creating a marketplace for AI training data licensing deals. The company aims to bridge the gap between AI companies that require vast amounts of data for training their models and content creators who can provide this data, ensuring that […]

Anterior Secures $20 Million to Revolutionize Health Insurance Approvals with AI
Anterior, an innovative company leveraging artificial intelligence to streamline health insurance approvals for medical procedures, has successfully raised $20 million in a Series A funding round. The investment, which boosts the company’s valuation to $95 million, was spearheaded by New Enterprise Associates (NEA), with continued support from existing investors Sequoia and Neo. The funding round […]

Meowtel Defies Dog-Centric VC Bias to Achieve Profitability
Meowtel, a cat-sitting startup, has reached profitability despite challenges in raising funds from venture capitalists who predominantly favor dog-focused enterprises. Founded by Sonya Petcavich in 2015, Meowtel caters exclusively to cat owners, addressing a gap in the pet care market often overlooked by services designed primarily for dogs. A Niche Service for a Distinct Need […]

Italian Founders Fund: A New Hope for Italian Startups
The Italian Founders Fund (IFF) has officially launched, marking a significant milestone for the Italian venture capital landscape. With €50 million earmarked for investment, IFF aims to support 25 startups, prioritizing those with global aspirations. This sector-agnostic fund promises to bridge the gap in early-stage funding, addressing a critical need for Italian entrepreneurs. Empowering Italian […]

Google Looks to AI to Help Save Coral Reefs
Google has unveiled SurfPerch, a cutting-edge AI tool designed to assist marine biologists in monitoring and understanding coral reef ecosystems. This innovative tool, developed in collaboration with Google Research and DeepMind, leverages audio recordings to provide insights into reef health. By “hearing” the reef from within, scientists can now track nocturnal activities and monitor reefs […]

Google Play Cracks Down on AI Apps Circulating Deepfake Nudes
Google is implementing stricter guidelines for AI applications available on Google Play in an effort to curb the spread of inappropriate and harmful content. On Thursday, the company announced new measures aimed at ensuring AI tools do not generate sexual, violent, or otherwise restricted content. Developers are now required to incorporate mechanisms for users to […]

Meta Integrates AI-Powered Features into WhatsApp Business
Meta, the parent company of WhatsApp, has unveiled new AI-powered functionalities for the WhatsApp Business app. This development marks a significant shift in how businesses can interact with customers, using artificial intelligence to enhance and streamline communications. The announcement was made by Mark Zuckerberg at the Meta Conversations conference in Brazil on June 6, 2024. […]
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