Author: TechBrunch
As cloud spending continues to soar, technology companies are scrambling to meet the demands of the necessary infrastructure, and the growing need for AI computing only adds fuel to the fire. As examples, Microsoft and BlackRock are establishing a $30 billion fund to support new data center and energy infrastructure for the burgeoning AI boom, and Meta is investing in new Plans call for a $10 billion undersea cable. Google recently announced Umoja, the first undersea fiber optic cable connecting Africa and Australia. And the company is participating in a $90 million funding round with Cassava Technologies, one of the…
Google has changed its terms of service to clarify that customers can deploy its generative AI tools to make “automated decisions” in “high-risk” areas such as healthcare, as long as a human is involved. The company's latest Generated AI Prohibition Policy, announced Tuesday, says customers can use Google's generated AI to make “automated decisions” that could have a “material adverse impact on the rights of individuals.” There is sex. Provided there is human oversight in some capacity, customers can use Google's generated AI to make decisions about employment, housing, insurance, social care, and other “high-risk” areas. In the context of…
The UK government is consulting on an opt-out copyright regime for AI training. The system requires rights holders to take proactive steps if they do not want their intellectual property to become material for free AI training. The rise of generative AI models trained on vast amounts of data has brought intellectual property concerns to the forefront, with many creators training AI technology that could potentially mass-produce competitors. in order to be armed with the knowledge that their work is being processed without permission (or compensation). Output — text, visual, audio, or a combination of all three. Visual arts, music,…
Google on Tuesday announced support for third-party tools in its enterprise AI code completion service, Gemini Code Assist. Code Assist launched in April as a rebrand of a similar service that Google offered under the now-defunct Duet AI brand. Code Assist, available through plugins for popular development environments like VS Code and JetBrains, is powered by Google's Gemini AI model and can infer and modify large portions of your code. With the addition of tools starting in private preview, Code Assist will be able to capture real-time data and access information from external applications. The idea, according to Google's director…
When you stop at the loading dock, you can hear loaded forklifts moving in and out of trailers. This logistical dance can take up to an hour to fill a trailer, leaving truck drivers with nothing to do. The founders of Atlanta-based Slip Robotics say they have developed a robot that cuts that time to five minutes. Their design inspiration is the floor. Founded in 2020 by Chris Smith, Dennis Siedlak, and John Jakomin, Slip Robotics is a commercial robot-as-a-service business that combines automation software with a large floor robot platform that can hold up to 10 pallets and pallets.…
Music streaming platform SoundCloud announced Tuesday that it is renaming its “Next Pro” plan to “Artist Pro” and introducing a new, cheaper paid plan for artists simply called “Artist.” The new basic tier costs $39 per year and comes with some limitations on features such as track amplification, distribution, monetization, and AI mastering. Artists on this plan can upload as many tracks as they like for up to 3 hours. This is the same limit as the free plan. The new plan gives artists the opportunity to amplify their new tracks and reach more than 100 listeners. SoundCloud can also…
The Federal Trade Commission passed a rule Tuesday banning hidden “junk fees” on live events, hotels and vacation rentals. The agency said the new rules prohibit “bait pricing” and other practices in the live event ticketing and short-term lodging industries that hide the total amount and fill in junk fees. ” pointed out that the practice was damaging. consumer. The FTC says consumers will no longer be surprised by “resort,” “convenience” and “service” fees that drive up advertised prices when looking for lodging or tickets to a show or sports game. . As a result, consumers will be able to…
New government disclosures reveal how the apparel and accessories retailer secured rare merchandise, according to new government disclosures revealing how the apparel and accessories retailer secured rare items. It has to hand over management to its partner Reliance Retail and maintain fully local operations. Exception to India's ban on China-related apps. India's Commerce Minister Piyush Goyal said in a parliamentary disclosure on Tuesday that Shein will operate purely as a technology partner and Reliance will maintain full ownership and control of the platform through its wholly-owned subsidiary, Reliance Retail Ventures Limited. Ta. India's largest conglomerates Reliance and Shein confirmed last…
Data analytics platform Databricks has raised $10 billion in a funding round that values the company at $62 billion (up from $43 billion). Backers include Thrive Capital, Andreessen Horowitz, DST Global, GIC, and Iconiq Growth. The round is one of the largest venture rounds in history and will fuel future mergers and acquisitions, employee stock payments and international expansion, according to a statement obtained by CNBC. Databricks' massive “Series J” comes ahead of the company's much-anticipated IPO. It was founded in 2013 by seven Ph.D. Databricks, a UC Berkeley candidate, sells AI, big data analytics, and cloud tools that enable…
AstroPay has been around since 2009. The homegrown company now has 320 employees and is profitable. Still, it's not a name that pops up often in startup news. The company originally got its start as a payment services provider focused on Latin America, with alternative payment methods next to the PayPal or Card button on the checkout page. Now, the company wants to expand beyond its roots and become a global consumer fintech product, a multi-currency wallet paired with a payment card that allows you to pay, send and receive money from your mobile phone. I'm thinking. The company also…