Maria Deutscher
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Zoom clarifies its AI data collection practices after updated service terms draw scrutiny
Zoom Video Communications Inc. today stated that it doesn’t train artificial intelligence models on users’ video, audio or chat messages unless it receives permission to do so. The clarification came in response to media reports about a recently noticed change to the company’s terms of service. The change, which rolled out in March, gave Zoom permission ...
Resilience nabs $100M to combine cyberinsurance with breach prevention services
Resilience Cyber Insurance Solutions Inc., a startup that offers a cyberinsurance service with breach prevention technology included in the package, has closed a $100 million investment. The investment, a Series D round, was announced this morning. It was led by an affiliate of Intact Financial Corp., one of Canada’s largest insurers. Lightspeed Venture Partners, General ...
‘Superconducting’ LK-99 material draws raised eyebrows from scientists after going viral
A group of researchers claims to have developed a new kind of superconductor with potentially revolutionary properties, but other scientists are not yet convinced. Nature reported the controversy today. The superconductor in question, which its inventors named LK-99, has been the subject of not only skepticism from other researchers but also several viral videos and ...
Qualcomm, other chip giants launch RISC-V processor venture
A group of prominent chipmakers is forming a new venture to broaden the adoption of the RISC-V processor architecture. The venture, which was unveiled by its backers this morning, will initially focus on the auto chip segment. It will be located in Germany, which is home to many major automakers. The newly formed company plans ...
India moves to restrict PC and server imports
A new regulation in India will require companies to obtain a license before importing personal computers, tablets and certain other electronics. India’s Ministry of Commerce and Industry announced the new rule today. It’s effective immediately, but an exception will reportedly be made for electronics that have already been ordered. A source told Reuters that such orders ...
IBM and NASA open-source foundation AI model for analyzing satellite data
IBM Corp. and NASA today released an advanced artificial intelligence model designed to help researchers analyze satellite data faster. The model is available on Hugging Face, a popular GitHub-like platform for sharing open-source neural networks. The next phase of IBM’s collaboration with NASA will focus on extending their AI to additional use cases. They will partner ...
Lula raises $35.5M in funding for its auto insurance platform
Lula Technologies Inc., a fast-growing startup that provides insurance software for vehicle fleet operators, has raised $35.5 million in fresh funding from investors. Lula announced the Series B funding this morning. According to the startup, Khosla Ventures and NextView Ventures were the lead investors. Bain Capital Chair Stephen Pagliuca participated as well along with a ...
RingCentral acquires Hopin’s flagship virtual event platform
RingCentral Inc. today announced that it’s acquiring startup Hopin Ltd.’s flagship Events platform, which is used by companies to host virtual and hybrid events. RingCentral is also buying a second product called Session from the startup. It’s a cloud service for hosting webinars, virtual breakout sessions and other small-scale online gatherings. Belmont, California-based RingCentral is ...
Data quality startup Lightup nabs $9M in fresh funding
Lightup Data Inc., a startup that helps companies detect when their applications ingest erroneous or out-of-date data, has raised $9 million in early-stage funding. The Series A round was co-led by Andreessen Horowitz and Newlands Ventures. In its announcement of the investment today, Lightup detailed that Spectrum 28 Capital, Shasta Ventures, Vela Partners and Incubate Fund ...
Arm could reportedly go public in September at $60B+ valuation
Arm Ltd. hopes to achieve a valuation of at least $60 billion in its upcoming initial public offering, according to a new report. Reports emerged earlier this year that Arm was targeting a valuation of between $30 billion to $70 billion for the stock sale. Today, Bloomberg cited sources as saying that the company is now ...