Paris-based app PhotoRoom has made a significant mark in the GenAI arena, becoming a top contender in one of tech's most vibrant markets. This ascendancy is largely attributed to its innovative tool, proficient in transforming photo backgrounds, contributing to an impressive €50m in annual recurring revenue.
In a domain bustling...
Discover the shutdown of consumer payments startup Braid after 4 years of operation. Founder Amanda Peyton reflects on the challenges faced and emphasizes the importance of sharing her story. Despite the closure, Peyton remains optimistic about future opportunities in the fintech industry.
Giskard, a pioneering French startup, is revolutionizing the landscape of AI model testing with its open-source framework. Focused on evaluating large language models (LLMs), Giskard's framework aims to alert developers to biases, security vulnerabilities, and the potential generation of harmful or toxic content within AI models before they enter...
Discover the new generative AI models and capabilities introduced by IBM on the Watsonx platform. Explore the powerful Granite series models, the Tuning Studio tool for customization, and the synthetic data generator. Also, learn about Watsonx.data's generative AI capabilities and Watsonx.governance's privacy protection and bias detection. IBM aims to establish its relevance in the competitive AI field.
The AI landscape is continuously evolving, and the Brazil-based team at Meistrari is at the forefront of this change, aiming to simplify a critical aspect of AI development: prompt engineering. Founded in 2023 by Rodrigo Bobrow and Henrique Cunha, Meistrari emerged from a need to streamline the process of...
Cisco's recent announcement of its intention to acquire Isovalent marks a significant step in revolutionizing cloud-native networking and security. The move aligns seamlessly with Cisco's core networking and security strategy, signaling a shift towards a software-driven approach in the cloud era.
Isovalent's contributions to the tech landscape are substantial, particularly...
The cybersecurity landscape has been rocked by a wave of alarming cyberattacks leveraging a critical vulnerability, dubbed "CitrixBleed," targeting major organizations worldwide. Hackers have exploited this vulnerability in Citrix NetScaler systems, leading to severe disruptions and breaches in prominent firms like Boeing, ICBC, DP World, and Allen & Overy.
CitrixBleed...
In a significant stride towards cloud-native development, Microsoft has introduced Radius. What's Radius, you ask? It's a cutting-edge open-source platform that facilitates the creation and execution of cloud-native applications. And the cherry on top? It's language-neutral.
Originating from the Microsoft Azure Incubation team's brains, this isn't their first foray into...
When it comes to Australian and New Zealand startups making waves in Europe, only a select few can boast of such accomplishments. Think Atlassian, Canva, and Xero. With their combined worth soaring into the billions, they epitomize the "go big or head back Down Under" mantra.
Enter Ben Thompson, the...
Intel, with a vision to assert a stronger presence in the AI-powered enterprise software market, announces the spin-out of a novel platform, backed by Boca Raton-based DigitalBridge, heralding a new era with Articul8 AI.
The birth of Articul8 AI, albeit a somewhat awkward abbreviation of "Articulate AI," originates from a...
The UK's Financial Conduct Authority (FCA) has recently thrown a curveball at the prominent fintech, Modulr. The regulatory body has directed the company to halt onboarding specific new customers. The move arises from growing regulatory apprehensions in the rapidly evolving fintech landscape.
What's Modulr's Role in the Fintech Ecosystem?
Modulr plays...
Explore the potential impact of a proposed 'robot tax' on automation and jobs. Learn about the ongoing debate and opinions on job displacement, advantages and disadvantages, and perspectives from prominent figures. Discover the legislation progress in South Korea and the effects of AI and technology. Find out how upskilling can address job displacement.
In an exciting development for personal aviation, Pivotal, a Palo Alto-based company, has recently launched the Helix – a groundbreaking lightweight electric personal aircraft. This launch, which took place at CES 2024, marks a significant leap in the field of electric vertical takeoff and landing (eVTOL) vehicles.
The Helix is...
In the realm of cybersecurity, the acronym AI often translates to “already implemented.” AI-driven technologies have been a go-to for security vendors, leveraging existing knowledge databases to bridge talent gaps. As an investor focused on supporting expansion-stage B2B enterprise startups in cybersecurity, AI, and DevOps – with recent investments...
In a groundbreaking shift within the music industry, CreateSafe's Triniti platform is emerging as a pivotal force. This generative AI-powered platform, now available as an open beta, is redefining music creation, distribution, and monetization. Triniti's suite of tools, including voice cloning, text-to-audio sample generation, and music industry insights via...
