Analysis: Florida startups raised $9.7B in 601 deals in 2022 vs. $7.8B in 652 deals in 2021; VC funding fell 40%+ in 2022 in California, Massachusetts, and NY — Last year could not top the banner year venture capital saw in 2021 — at least in most geographies.
Researchers detail how ProGen, an LLM trained on 280M proteins, designed proteins with anti-microbial properties that were tested in real life and shown to work — An AI was tasked with creating proteins with anti-microbial properties. Researchers then created a subset of the proteins and found some did the job
Meme-stock mania companies, including GameStop and AMC Entertainment, have raised $4.7B since the hype began in January 2021, but failed to boost performance — Cash bonanza enabled by retail investors fails to boost beneficiaries' performance — Companies at the centre of the meme-stock mania …
Q&A with Princeton CS professor Arvind Narayanan on why he calls ChatGPT a “bullshit generator”, his worries over its boom, developing his AI taxonomy, and more — Hello, friends, — If you have been reading all the hype about the latest artificial intelligence chatbot …
As the GOP assumes leadership of the US House, antitrust subcommittee's bipartisan efforts to curb the power of big tech shift to a focus on free-speech issues — The new GOP House majority is turning away from last year's bipartisan efforts to rein in the dominance of the largest tech companies …
Q&A with Microsoft Gaming CEO Phil Spencer, on having no major Xbox releases in 2022, its outlook for 2023, layoffs, Activision deal amid FTC lawsuit, and more — Xbox's CEO talks about the recent Developer Direct, 2022 struggles, layoffs, and what 2023 could hold.
ShareChat employees and investors shed light on the company's leadership crisis and say revenue has not kept pace with cash burn and the ~$5B 2022 valuation — The company's top and middle management are hollowing out, revenue has not kept pace with cash burn and Sharechat's top-tier valuation …
Twitter co-founder Biz Stone says Elon Musk “doesn't seem like” the right owner for Twitter and claims morale and content improvements have been lost under Musk — Biz Stone, one of quartet who set up company, says positive changes he oversaw have been undone by Tesla chief executive
After losing billions on mobile bets, Japanese e-commerce giant Rakuten raised ~$1.9B for its mobile business and plans to sell its banking and securities units — Japanese e-commerce giant Rakuten Group Inc. sold 250 billion yen ($1.9 billion) of bonds on Friday, giving the company …
The EU Commission says Google has agreed to update its Store, Play Store, Hotels, and Flights to provide clear and accurate information and comply with EU laws — Many of Google's offerings will soon be updated to provide clear and accurate information in compliance with consumer protection laws in the EU.
Over 100 Israeli tech groups let staff join a “warning strike” over controversial government plans to curb judiciary powers, the latest warnings by businesses — Executives say new government's move to curb judicial powers will scare away vital investment to the self-styled Startup Nation
A look at crypto money laundering in 2022: illicit addresses sent nearly $23.8B, up 68% YoY, four addresses got $1B+ combined, DeFi got record funds, and more — The 2023 Crypto Crime Report — Money laundering is crucial to all financially motivated crime because it's what enables criminals …
Under increasing pressure in the US, ByteDance and TikTok shift their strategy for dealing with officials by going on the offense and speaking out publicly — Keeping its head down has not paid off for the company, which now faces regulatory pressure on many fronts. So it is starting to speak out.
Amy Thomson / Bloomberg : OpenAI pauses the use of the Sky voice in ChatGPT after users said it sounded too much like Scarlett Johansson,...
