Monthly Archives: August 2024

Healx, an AI-enabled drug discovery platform for rare diseases, raises $47M

The company also said it has received regulatory clearance to start Phase 2 clinical trials for a new drug in the U.S. later this year. © 2024 TechCrunch. All rights reserved. For personal use only.

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EU greenlights HPE’s $14B Juniper Networks acquisition

The European Commission (EC) has given the go-ahead to HPE’s planned megabucks acquisition of Juniper Networks, concluding that the proposed transaction “would raise no competition concerns in the European Economic Area.” The news comes a little more than a month … Continue reading

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Get an Extensive Education in Cybersecurity for Just $40

This extensive bundle includes nine courses and more than 50 hours of training in ethical hacking, Kali Linux, certification exams, and more.

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Zuckerberg says Meta will need 10x more computing power to train Llama 4 than Llama 3

Meta, which develops one of the biggest foundational open-source large language models, Llama, believes it will need significantly more computing power to train models in the future. Mark Zuckerberg said on Meta’s second-quarter earnings call on Tuesday that to train … Continue reading

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Axle Energy’s sprint to decarbonize the grid lights up with $9M seed led by Accel

Axle Energy is a B2B, back-end infrastructure business focused on connecting flexible assets, such as electric vehicles and home batteries, to energy markets that aren’t otherwise available for consumers to dip into. © 2024 TechCrunch. All rights reserved. For personal … Continue reading

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OpenAI pledges to give U.S. AI Safety Institute early access to its next model

OpenAI CEO Sam Altman says that OpenAI is working with the U.S. AI Safety Institute, a federal government body that aims to assess and address risks in AI platforms, on an agreement to provide early access to its next major … Continue reading

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CrowdStrike sued by shareholders over global outage

A faulty update by the cyber-security firm last month caused chaos around the world.

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Meta says India is the largest market for Meta AI usage

WhatsApp’s massive 500 million users in India have supercharged Meta’s AI ambitions. Meta CFO Susan Li said Wednesday that India is the largest market in terms of Meta AI usage, a notable milestone considering the product launched in India just … Continue reading

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Founder behind social media app IRL charged with fraud

While venture capitalists and the rest of the technorati are off on holiday or attending the Paris Olympics, the U.S. Securities and Exchange Commission and its staff attorneys are keeping busy this summer.  For the second time this week — … Continue reading

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Microsoft says OpenAI is now a competitor in AI and search

What once was a strategic, long-term partnership between the world’s biggest software company and an AI startup has morphed into something more complicated.

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