Category: Uncategorized

Abound, a go-to remittance app that was spun off by India’s Times Internet, has raised $14 million in a seed round. Read more

NHS vendor Advanced will pay just over £3 million ($3.8 million) in fines for not implementing basic security measures before it suffered a ransomware attack in 2022, the U.K.’s data protection regulator has confirmed.  It’s half the fine that the Information Commissioner’s Office had initially sought in August 2024, when the data watchdog said it… Read more

While you’re busy Ghibli-fying your images with ChatGPT’s new image-generation capabilities, OpenAI is out raising a ton more cash. The company is close to finalizing a new $40 billion funding round led by SoftBank, according to a report from Bloomberg. The report noted that other funds, including the hedge fund Magnetar Capital, Coatue Management, Founders… Read more

It’s only been a day since ChatGPT’s new AI image generator went live, and social media feeds are already flooded with AI-generated memes in the style of Studio Ghibli, the cult-favorite Japanese animation studio behind blockbuster films such as “My Neighbor Totoro” and “Spirited Away”. In the last 24 hours, we’ve seen AI-generated images representing… Read more

Nvidia is looking to get into the server rental market. The semiconductor giant is reportedly nearing a deal to acquire Lepton AI, a company that rents out servers that are powered by Nvidia’s AI chips, according to The Information. The deal is reportedly worth several hundred million dollars, according to The Information, which cited unnamed… Read more

OpenAI CEO Sam Altman announced on Wednesday that the rollout of ChatGPT’s viral new AI image features to free users would be delayed, citing significantly higher demand than the company expected. “Images in ChatGPT are wayyyy more popular than we expected (and we had pretty high expectations),” Altman said in a post on X on… Read more

The health insurance giant is the latest to remove references to diversity, equity and inclusion policies amid mounting pressure from the Trump administration. Read more

Enterprise browser startup Island just raised a sizable funding round — one that bumps up its valuation significantly, and less than one year after its last fundraise. Dallas-based Island raised $250 million in a Series E round led by Coatue that valued the company at $4.85 billion, the startup announced today. This brings the company’s… Read more

The Lumon Terminal Pro — the computer used in Apple TV’s hit series “Severance” — has appeared on Apple’s retail website. When shopping Apple.com, you’ll see the new device, adorned with a red “New” label, when you click to view the available Mac computers Apple has for sale from the top-level navigation. But sorry, “Severance”… Read more

Silicon Valley used to take a backseat to Washington, D.C. But now, the people disrupting technology have taken the wheel at the highest echelons of government. And that’s thanks, in large part, to the Department of Government Efficiency, better known as DOGE. Much reporting on DOGE has focused on its staffers’ ties to Musk, the billionaire bestie of… Read more