Sunday, January 5, 2025

The UK CMA is testing an AI tool to help catch companies that collude when bidding for public contracts, amid a "significant risk of bid-rigging" by contractors (Suzi Ring/Financial Times)

Suzi Ring / Financial Times:
The UK CMA is testing an AI tool to help catch companies that collude when bidding for public contracts, amid a “significant risk of bid-rigging” by contractors  —  Agency is trialling an AI-backed programme that scrapes data to identify bid-rigging



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PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion on record; VCs raised $76.1B, the lowest since 2019 (Sarah McBride/Bloomberg)

Sarah McBride / Bloomberg : PitchBook: US startups raised $209B in 2024, up ~33% from 2023; AI startups raised $97B, the largest portion ...