Techme101.com

EcoDataCenter, a Swedish company that builds eco-friendly data centers used by major compute providers to handle their AI traffic, has raised nearly half a billion dollars — $478 million (€450 million) to be exact — in anticipation of more demand.  The equity funding, which is coming from a group of unnamed institutional investors, will be […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Last October, Meta dipped its toe into the world of facial recognition — an area where it has had a tricky track record — with an international test of two new tools: one to stop scams based on likenesses of famous people, and a second facial recognition feature to help people get back into compromised […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Defense tech startup Epirus has raised a $250m Series D to expand its counter-drone solutions.
© 2024 TechCrunch. All rights reserved. For personal use only.

London startup Quantexa has made its name over the years with an enterprise platform that employs AI and data analytics to fight money laundering and fraud. Today, it is announcing new funding of $175 million to double down on that business while also moving deeper into another hot area: using its technology to help organizations […]
© 2024 TechCrunch. All rights reserved. For personal use only.

Alec Radford, a researcher who helped develop many of OpenAI’s key AI technologies, has been subpoenaed in a copyright case against the AI startup, according to a court filing Tuesday. The filing, submitted by an attorney for the plaintiffs to the U.S. District Court in the Northern District of California, indicated that Radford was served […]
© 2024 TechCrunch. All rights reserved. For personal use only.

A federal judge in Northern California denied Elon Musk’s motion for an injunction that would have halted OpenAI’s planned transition into a for-profit company, Bloomberg reported. Musk failed to provide enough evidence necessary for an injunction, U.S. District Court Judge Yvonne Gonzalez Rogers ruled Tuesday. However, Rogers said the court is prepared to hold an […]
© 2024 TechCrunch. All rights reserved. For personal use only.