Artificial intelligence startup Anthropic, one of the sector’s most closely watched companies, is rolling out new software for its chatbot Claude that will be better at carrying out complicated instructions and less prone to making things up. Anthropic has emphasized developing AI safely and responsibly, which has at times limited its performance. For example, older … Read more
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images The deal is a strategic investment that will see the two companies partner on a range of commercial opportunities. For now, the two companies are in the “exploratory stages” of that partnership. Cordel Robbin-Coker, CEO and co-founder of Carry1st, said … Read more
The Karnataka government will release a draft Biotech policy on November 28th at the Bengaluru Tech Summit (BTS). The 26th edition of the states’ flagship event will also feature over 40 product launches by start-ups, said Karnataka’s information technology and biotechnology minister, Priyank Kharge. With the new policy, the focus will be on skilling, leadership … Read more
Plaid’s new head of Europe, Brian Dammeir. Plaid U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company told CNBC exclusively. Dammeir was previously Adyen’s global head of unified commerce, a role he led out of the Dutch payment company’s San Francisco office. Dammeir oversaw … Read more
NEW YORK, Nov. 16, 2023 /PRNewswire/ — Ace Global Business Acquisition Limited (NASDAQ: ACBA) (the “Company”), a special purpose acquisition company, announced today that Ace Global Investment Limited, the Company’s initial public offering sponsor (the “Sponsor”), has deposited into the Company’s trust account (the “Trust Account”) an aggregate of $98,858.95 representing, approximately $0.05 per ordinary … Read more
In a shot across the bow to the digital payments industry, the U.S. Consumer Financial Protection Bureau (the Bureau) has issued a proposed rule to expand its oversight authority to nonbank providers of consumer payment apps. These apps include digital wallets, funds transfer services, and P2P apps—for both U.S. dollar payments and, surprisingly, also bitcoin … Read more
The WeWork logo is displayed outside of a shared commercial office space building in Los Angeles, California on August 8, 2023. Embattled office-sharing firm WeWork on August 8 warned US regulators that it is worried about its survival. Citing financial losses, cash needs, and a drop in memberships, WeWork said in a filing with the … Read more
Pakistan will see its first venture capital fund denominated in local currency with Sai Venture Capital Pvt, a Lahore-based company, launching one to target the country’s tech sector and other startups, reported Bloomberg on Friday. The Lahore-based company seeks $10 million from mainly local investors, co-founder Ahsan Jamil was quoted as saying by Bloomberg. The … Read more
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The $6.2M round will fuel Flash Pack’s single mission: to create one million meaningful friendships through travel NEW YORK, Oct. 23, 2023 /PRNewswire/ — Flash Pack, the adventure-travel company specializing in boutique trips for solo travelers in their 30s and 40s, has announced a $6.2M fundraising round led by JamJar Investments and participation from existing … Read more