AI & RoboticsNews

AI risk management startup ValidMind raises $8.1M to help banks comply with regulations

ValidMind, a startup focused on AI and model risk management for financial institutions, announced today that it has raised $8.1 million in seed funding. The round was led by Point72 Ventures, with participation from several other venture capital firms. The new capital comes as banks face growing pressure to expand their use of AI, while ensuring these technologies comply with regulations.
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DefenseNews

BAE demos platform that gives Army AMPVs turret system options

HUNTSVILLE, Ala. — BAE Systems showed off a universal top plate that allows the Army’s Armored Multipurpose Vehicle to easily swap turrets for different mission roles. The company brought an AMPV complete with a 30mm unmanned turret from Elbit Systems to the Association…
DefenseNews

US Army’s fresh look at watercraft includes unmanned options

HUNTSVILLE, Ala. — The U.S. Army has reexamined its watercraft needs as it prepares for potential complex operations in challenging environments like the Indo-Pacific theater, according to the head of Army Futures Command. Service officials have stressed the importance of building a new watercraft fleet to contend with operations in contested areas. Years ago, the Army shifted its priority away…
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Cleantech & EV'sNews

Walmart just funded 15 community solar projects across the US

Walmart is investing in 19 solar projects under development across the US, including 15 community solar projects.  Walmart’s strategic tax equity investment will drive the construction, operation, and maintenance of solar projects across five states – Illinois, Colorado, Maryland, Delaware, and California. As the American Council on Renewable Energy explains, tax equity investors…
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CryptoNews

Nigerian Central Bank Not in Charge of Crypto Regulation, Says Governor

According to the governor of the Central Bank of Nigeria, the Securities and Exchange Commission is responsible for regulating cryptocurrencies. However, the governor said the central bank will collaborate with law enforcement agencies and regulators overseeing the Nigerian crypto sector. The Central Bank’s Change of Heart In a surprise announcement, Yemi Cardoso, governor of the Central Bank of…
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