Coinbase eyes re-entry to India
Coinbase is working on its re-entry to India more than a year after it officially ceased operations in the world’s most populous nation. The American crypto exchange is engaging with various Indian authorities, including the Financial Intelligence Unit (FIU), an Indian government agency that scrutinizes financial transactions, according to two
Read moreGetaround abruptly shuts down US car-sharing operations
Getaround, a company that helps vehicle owners rent out their cars, trucks and SUVs to other peers, is shutting down its U.S. operations one year after cutting 30% of its North American workforce as part of a restructuring. Its HyreCar business, which it acquired in 2023 for $9.45 million, is
Read moreUS pharma giant Merck backs healthcare marketplace HD in Southeast Asia
Big Tech and pharmaceutical companies are accelerating the implementation of artificial intelligence in the healthcare industry. Just last month, AWS and General Catalyst announced their partnership to speed up the development and deployment of healthcare AI tools. GE Healthcare teamed up with AWS to build generative AI for medical use
Read moreUlu Ventures sticks to its diversity strategy, raises $208M
While large corporations like Google and Meta are curbing their DEI programs, Ulu Ventures, which just raised a fourth fund at $208 million, doesn’t plan to change its strategy of investing in diverse founders, the firm told The Wall Street Journal. Co-founded by Miriam Rivera, a Latina and former vice
Read moreElon Musk’s X will pay Trump $10M to settle lawsuit over 2021 ban
Elon Musk’s X has agreed to pay President Donald Trump $10 million to settle a lawsuit from the days when the company was still called Twitter and owned by Jack Dorsey, the Wall Street Journal reported, citing unnamed sources. The lawsuit took issue with Twitter’s decision to ban Trump after
Read moreFounded by DeepMind alumnus, Latent Labs launches with $50M to make biology programmable
A new startup founded by a former Google DeepMind scientist is exiting stealth with $50 million in funding. Latent Labs is building AI foundation models to “make biology programmable,” and it plans to partner with biotech and pharmaceutical companies to generate and optimize proteins. It’s impossible to understand what DeepMind
Read moreTestGorilla alternatives & competitors: Top tools for smarter hiring decisions
Pre-employment testing and skill assessments are essential for matching qualified candidates with the right roles. According to SHRM, 54% of organizations use pre-hiring assessments to fill open roles, including technical positions. Yet many of these organizations also report that their assessment process provides a less-than-ideal candidate experience, underscoring the need
Read moreReddit hints at expanded AI-powered search
Reddit CEO Steve Huffman said the online forum site plans to launch an upgraded search experience in 2025 designed to help users navigate the social network and be able to answer “subjective hard, [and] interesting questions.” The company plans to achieve this by integrating Reddit Answers — a feature that
Read moreVC industry reacts to Trump nominating a16z’s Brian Quintenz for regulatory role
Brian Quintenz, who leads policy for Andreessen Horowitz’s crypto team, announced on Wednesday that he’s being tapped to head the Commodity Futures Trading Commission (CFTC), according to his X post. And many in the VC industry appear to be thrilled about it. The CFTC regulates the trading of commodity futures,
Read moreOpenAI pledges that its models won’t censor viewpoints
OpenAI is making clear that its AI models won’t shy away from sensitive topics, and will refrain from making assertions that might “shut out some viewpoints.” In an updated version of its Model Spec, a collection of high-level rules that indirectly govern OpenAI’s models, OpenAI says that its models “must never attempt
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