Clearview AI told to stop processing UK data as ICO warns of possible fine

Controversial facial recognition company Clearview AI is facing a potential fine in the UK. It has also been handed a provisional notice to stop further processing of UK citizens’ data and to delete any data it already holds as a result of what the Information Commissioner’s Office (ICO

AWS launches new robotics programs

To kick off re:Invent, AWS’s flagship conference, the cloud computing giant today announced IoT RoboRunner, a new service for building applications that help large fleets of robots work together. This new service aims to provide the infrastructure necessary to build the work and fleet managem

Bolt makes first acquisition with Tipser, launches 'Remote Checkout'

The ability to purchase something at the point of discovery from digital content exists, but checkout technology company Bolt has the opportunity to give that its “one-click” treatment. It announced Monday that it made its first acquisition in Tipser, a Swedish-based technology company enabling

Robotics startup FJDynamics raises $70M to make manual labor easier

FJDynamics, founded by DJI’s former chief scientist Wu Di, just closed a Series B round of $70 million as it advances its goal to empower workers in the harshest environment with robotic technologies. When I asked Wu what’s special about his company’s farming robots, he gave an an

How Pilot convinced Index Ventures to think long-term about margins

On a recently recorded (and soon-to-be published) episode of the Found podcast, an entrepreneur told my co-host and me that he sees a broad swath of the venture capitalists out there as money managers, more focused on short-term gains and returns than long-term revolutionary technology. Whether you

Longevica takes in $2.5M as it launches open research resources to examine life extension

Life science company Longevica said Wednesday it is launching an open research tool so scientists and research institutions can access a data set that tracks the effects of more than 1,000 pharmacological compounds for testing drugs. This is the latest effort from the biotechnology company, which i

Ex-Microsoft exec Harry Shum leads ‘digital economy’ research center in Shenzhen

The International Digital Economy Academy (IDEA) quietly opened last year, perched among ultramodern office buildings on Shenzhen’s side of the river border with Hong Kong. While geographically separated from Hong Kong, technically, the research institute is located inside a special area stra

Dent Reality raises $3.4M to bring augmented reality into the grocery store

Despite Apple and Facebook investing billions into a “metaverse” future, in recent years there’s been a distinct drop-off in venture deals for startups focused on finding opportunities in augmented reality. Many VCs who have been burned by investments in large-scale efforts like M

Verbit lands $250M Series E at a $2B valuation to expand its AI-powered transcription platform

Less than six months after raising a $157 million Series D round, AI-powered transcription and captioning platform Verbit announced today it has closed $250 million in a Series E round that values the company at $2 billion. The latest funding brings its total raised to more than $550 million.   T

China’s AI giant SenseTime readies Hong Kong IPO

One of China’s biggest AI solution providers is a step closer to its initial public offering. SenseTime has received regulatory approval to list on the Hong Kong Stock Exchange, according to media reports. Founded in 2014, SenseTime was christened as one of China’s four “AI Dragon

Zuma takes in fresh capital to convert your next apartment tenant lead into a contract

Looking for a new apartment is either a leisurely thing to do or something that has to take place quite quickly. When you don't reach anyone in the leasing office, you often move on to the next one on the list, even if it was one you would have considered. Zuma wants to ensure that any reach ou

Here’s where MLOps is accelerating enterprise AI adoption

In the early 2000s, most business-critical software was hosted on privately run data centers. But with time, enterprises overcame their skepticism and moved critical applications to the cloud. DevOps fueled this shift to the cloud, as it gave decision-makers a sense of control over business-critica

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Chiper aims to ease inventory burdens for Latin American corner stores

Mom-and-pop corner store owners in Latin America manage relationships with over 100 different suppliers, on average, often traveling long distances to pick up inventory, so they aren't able to regularly restock. Most of these relationships are largely managed manually and on paper, but Chiper d