Author: TechBrunch
OpenAI's Superalignment team is responsible for developing ways to manage and operate “super-intelligent” AI systems, and is committed to providing 20% of the company's computing resources, according to team officials. It is said that there is But requests for some of that compute were often denied, hampering the team's work. The issue, among others, led to the resignation of several team members this week, including co-leader Jan Reich. He is a former DeepMind researcher who worked on ChatGPT, GPT-4, and ChatGPT's predecessor, InstructGPT, during the OpenAI era. Reich announced the reasons for his resignation Friday morning. “I disagreed with OpenAI's…
Carbon credits (and their trading) are big business, but their solutions can be unnecessarily complex. Goodcarbon has just raised 5.25 million euros (approximately $5.5 million) in funding to shake up that market. Let's take a look at the deck the company used to bring home that bag of cash. We are looking for more unique proposal decks. Here's how to participate: Read all 90+ suggestion deck breakdowns here. This deck slide Goodcarbon has 18 slides and includes a lot of repetition. More than half of a company's pitch deck is a problem and solution section. Astute observers will have noticed…
TechCrunch Disrupt 2024 is just around the corner, and the excitement is palpable. But what if we told you that you don't just have a chance to attend one of the most anticipated tech gatherings of the year, you have a chance to take center stage for your brand with your own event? Yes, that's right. You will have the opportunity to host a side event at TechCrunch Disrupt 2024. Why host a side event? Imagine this. You take command of your own event and have access to over 10,000 of the brightest people in tech, all eager to participate,…
How the Salesforce-owned chat platform is furthering its AI vision, following ongoing concerns about how big tech companies are repurposing personal and corporate data to train their AI services. , sparking a storm of anger among Slack users. The company, like many other companies, is using its own user data to train some of its new AI services. But it turns out that if you don't want Slack to use your data, you have to opt out by emailing the company. And the terms and conditions were hidden in an outdated and confusing privacy policy that no one paid attention…
A Texas-based company that provides health insurance and benefits plans has disclosed a data breach that affected approximately 2.5 million people, some of whom had their Social Security numbers stolen. In a data breach notification issued earlier this month, WebTPA said that the company detected “evidence of suspicious activity” on December 28, 2023, and that the company was “taking steps to mitigate the threat and further secure our network.” '' He said he had started an investigation. The company said its investigation concluded that the fraudster “may have obtained personal information between April 18 and April 23, 2023,” approximately eight…
Microsoft will not face antitrust scrutiny in the UK over its recent investment in French AI startup Mistral AI, but the country's Competition and Markets Authority (CMA) said on Friday that the partnership was The company concluded that the company is not subject to an investigation based on the merger provisions. Enterprises Act 2002”. The decision follows the CMA's review of Amazon and Microsoft's various AI investments and partnerships, including the Redmond-based company's $16 million investment in Mistral AI, an OpenAI rival that develops large-scale language models. It comes three weeks after revealing three early-stage investigations. Shortly after, Microsoft hired…
A few years ago, whenever I went to a fintech meetup, the conversation always ended around embedded finance. In 2020, we even wrote that embedded finance could represent the future of fintech. This distribution strategy allows fintech companies to integrate their services with other products and services, allowing users to access new features without having to sign up for new services. This has proven to be a particularly attractive approach for fintech companies, as it provides them with a new product tier to offer to large banks and financial service providers. Ember, a British startup working on embedded tax services,…
The European Union has issued a global ban on Microsoft under the region's online governance regime, the Digital Services Act (DSA), for failing to respond to legally binding information requests focused on: It warned that it could be fined up to 1% of its annual turnover. Its generation AI tool. The EU asked Microsoft and a number of other tech giants for information on the systemic risks posed by their generative AI tools back in March, but on Friday the European Commission provided some of the documents Microsoft had requested. announced that it did not. The company has until May…
The outlook for troubled banking-as-a-service startup Synapse worsened this week after the U.S. Trustees filed an emergency motion Wednesday. According to court documents, the trustee is seeking to change the company's Chapter 11 bankruptcy synapse to Chapter 7 liquidation. The need for Chapter 7 is due to the fact that Synapse has “grossly” mismanaged its assets, sustained losses, and that there is no “reasonable restructuring plan” that would allow the company to rebuild and continue operating, the trustees said. He wrote that it arose from the fact that there was almost no possibility of it happening. The new development is…
UK-based Seraphim Space is launching its 13th accelerator program, with nine participating companies working on technologies ranging from propulsion to in-space manufacturing and space situational awareness. According to the company, this intensive 12-week program makes seed and Series A companies “investment ready” by providing expert guidance, networking opportunities, and intensive workshops and pitch training sessions. It is said that it is designed toSeraphim's semi-annual accelerator was the UK's first dedicated space technology accelerator The new cohort includes companies from the UK, US, Italy and India. they are: AADYAH Aerospace (India), subsystems for launch vehicles and satellites Arkisys (USA), developer of…