Charlie Warzel / The Atlantic:
OpenAI’s Scarlett Johansson debacle is merely a reminder of AI’s manifest destiny philosophy: “This is happening, whether you like it or not”, consent be damned — The Scarlett Johansson debacle is a microcosm of AI’s raw deal: It’s happening, and you can’t stop it.
How Pinecone and other startups use vector databases and retrieval-augmented generation, or RAG, to help businesses link their private data with LLMs (Belle Lin/Wall Street Journal)
Belle Lin / Wall Street Journal:
How Pinecone and other startups use vector databases and retrieval-augmented generation, or RAG, to help businesses link their private data with LLMs — Vector databases were an obscure technology until Pinecone and other startups turned it into a billion-dollar market amid the AI boom
Paytm’s parent One 97 Communications reports a $66.1M net loss in Q4, up from $20.11M in Q4 2023, on $272.3M revenue, as it grappled with a regulatory clampdown (Manish Singh/TechCrunch)
Manish Singh / TechCrunch:
Paytm’s parent One 97 Communications reports a $66.1M net loss in Q4, up from $20.11M in Q4 2023, on $272.3M revenue, as it grappled with a regulatory clampdown — One 97 Communications, the parent company of India’s leading digital payments platform Paytm, widened its consolidated net loss …
London-based LabGenius, which uses ML to find and design antibody therapies to treat cancer, raised a £35M Series B led by Merck’s VC arm, M Ventures (Mimi Billing/Sifted)
Mimi Billing / Sifted:
London-based LabGenius, which uses ML to find and design antibody therapies to treat cancer, raised a £35M Series B led by Merck’s VC arm, M Ventures — It’s robotic platform is using machine learning to create new molecules to tackle cancer — UK drug discovery startup LabGenius …
AWS says the transition from Nvidia’s Grace Hopper to Blackwell chips applies only to Project Ceiba, a supercomputer that AWS and Nvidia are building together (Stephen Nellis/Reuters)
Stephen Nellis / Reuters:
AWS says the transition from Nvidia’s Grace Hopper to Blackwell chips applies only to Project Ceiba, a supercomputer that AWS and Nvidia are building together — Amazon.com’s (AMZN.O) cloud services unit said on Tuesday that it has not halted any orders of Nvidia’s (NVDA.O) …
Toulouse-based OneStock, which provides a cloud-native order management system to retailers, raised $72M from Summit Partners for its continued global expansion (Cate Lawrence/Tech.eu)
Cate Lawrence / Tech.eu:
Toulouse-based OneStock, which provides a cloud-native order management system to retailers, raised $72M from Summit Partners for its continued global expansion — OneStock provides a centralised platform to manage retail end-to-end order fulfilment and visibility,
Sources: Snowflake’s talks to acquire Reka AI, which builds LLMs for businesses, for more than $1B have broken down (Bloomberg)
Bloomberg:
Sources: Snowflake’s talks to acquire Reka AI, which builds LLMs for businesses, for more than $1B have broken down — Snowflake Inc.’s talks to acquire startup Reka AI for more than $1 billion have broken down, dashing an effort by the software company to bring more generative AI muscle in-house.
VC firm Alicorn agrees to take Glassbox private in a deal worth ~$150M; the analytics software company was valued at ~$500M in June 2021 in its Tel Aviv IPO (Almog Azar/CTech)
Almog Azar / CTech:
VC firm Alicorn agrees to take Glassbox private in a deal worth ~$150M; the analytics software company was valued at ~$500M in June 2021 in its Tel Aviv IPO — The software company went public at a $500 million valuation three years ago — Software company Glassbox …
A look at Paperless Post, a New York-based software company for sending online invitations and events that launched in 2009 and has sent ~650M invitations (Christopher Barnard/New York Times)
Christopher Barnard / New York Times:
A look at Paperless Post, a New York-based software company for sending online invitations and events that launched in 2009 and has sent ~650M invitations — James Hirschfeld and his sister, Alexa Hirschfeld, at the Paperless Post office in Manhattan’s Financial District.Jonah Rosenberg for The New York Times
The UK ICO is “making enquiries with Microsoft” over the company’s Recall feature, which some privacy campaigners have called a potential “privacy nightmare” (Imran Rahman-Jones/BBC)
Imran Rahman-Jones / BBC:
The UK ICO is “making enquiries with Microsoft” over the company’s Recall feature, which some privacy campaigners have called a potential “privacy nightmare” — The UK data watchdog says it is “making enquiries with Microsoft” over a new feature that can take screenshots of your laptop every few seconds.
