With private company defaults running at upward of 9.2% – the highest rate in years – VC firm Lux Capital recently advised companies relying on AI to get their compute capacity commitments confirmed in writing. With financial instability rippling through the AI supply chain, Lux warned, a handshake agreement isn’t enough.
But there’s another option entirely, which is to…
Every new technology creates a new environment in which we work, but it’s not clear how AI will do that. One possibility is that the interface disappears entirely.
That’s the vision of Josh Sirota, who founded the startup Eragon back in August and has just raised…
At Etsy, Zoë Weil helped to drive a billion-dollar increase in gross merchandise volume within a single year by improving the online marketplace’s AI ranking systems. With her new startup, Sequen, she aims to bring her and her co-founders’ years of AI research…
The U.S. Department of Defense said on Tuesday evening that Anthropic poses an “unacceptable risk to national security,” marking the agency’s first rebuttal to the AI lab’s lawsuits challenging Defense Secretary Pete Hegseth’s decision last month to label the company a supply-chain risk. As part of its complaints, Anthropic had requested the court temporarily block…
World, co-founded by Sam Altman, is dedicated to creating what it calls “proof of human” tech – ID verification tools for an internet increasingly overrun by AI-generated content of dubious quality. The connection isn’t lost that Altman’s other…
Electricity is a key raw material for artificial intelligence, but new processing techniques outstrip the ability of data center operators to manage their relationship with the power grid, forcing them to throttle down by as much as 30%.
“There is so much power…
The AI-powered design platform Picsart is launching an AI agent marketplace, allowing creators to “hire” AI assistants to help them with specific tasks, like resizing and remixing social content or editing product photos on Shopify.
With over 130 million worldwide users that skew Gen Z, Picsart is like a more advanced Canva for social media managers and content creators. The company…
Shawn Shen believes that AI will need to remember what it sees in order to succeed in the physical world. Shen’s company Memories.ai is using Nvidia AI tools to build the infrastructure for wearables and robotics to be able to remember and recall visual…
Nvidia kicks off its annual GTC developer conference in San Jose, California, on Monday with CEO Jensen Huang’s keynote scheduled for 11 a.m. PT / 2 p.m. ET.
GTC – which stands for GPU Technology Conference – is Nvidia’s flagship annual event, running…
In 2023, after three years of building an automotive lending startup, Fuse co-founders Andres Klaric and Marc Escapa realized that LLMs could modernize something even more significant: the loan origination system (LOS), which is the backbone of the lending industry.
Frustrated by the limitations of legacy software, Klaric (pictured left), a Bolivian native, and Escapa (pictured righ), a Spanish…
