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  • CyberArk snaps up Venafi for $1.54B to ramp up in machine-to-machine security
    by Ingrid Lunden on May 20, 2024 at 12:12 pm

    More cybersecurity consolidation coming your way, with bigger players picking up startups that will help them bolt on tech to meet the ever-expanding attack surface for enterprises as they move more activity into the cloud. In the latest development, CyberArk — one of the army of larger security companies founded out of Israel — is © 2024 TechCrunch. All rights reserved. For personal use only.

  • OpenseedVC, which backs operators in Africa and Europe starting their companies, reaches first close of $10M fund
    by Tage Kene-Okafor on May 20, 2024 at 7:34 am

    Founder-market fit is one of the most crucial factors in a startup’s success, and operators (someone involved in the day-to-day operations of a startup) turned founders have an almost unfair advantage in finding that fit. Data shows that a lack of expertise and business acumen in founders contributes to failed VC investments. The same principle applies © 2024 TechCrunch. All rights reserved. For personal use only.

  • Pine Labs gets Singapore court approval to shift base to India
    by Manish Singh on May 20, 2024 at 6:09 am

    A Singapore High Court has effectively approved Pine Labs’ request to shift its operations to India. © 2024 TechCrunch. All rights reserved. For personal use only.

  • UK opens office in San Francisco to tackle AI risk
    by Ingrid Lunden on May 19, 2024 at 11:24 pm

    The AI Safety Institute, a U.K. body that aims to assess and address risks in AI platforms, has said it will open a second location in San Francisco.  © 2024 TechCrunch. All rights reserved. For personal use only.

  • Why companies are turning to internal hackathons
    by Ron Miller on May 19, 2024 at 6:49 pm

    Companies are always looking for an edge, and searching for ways to encourage their employees to innovate. One way to do that is by running an internal hackathon around a theme and having employees attack a problem together. It not only brings in new ideas and new ways to solve problems for the company and © 2024 TechCrunch. All rights reserved. For personal use only.

  • Ryanair annual profit jumps on higher demand, fares
    on May 20, 2024 at 12:37 pm

    Irish no-frills carrier Ryanair on Monday said group net profit jumped a third to 1.92 billion euros in its financial year as higher demand and fares offset ballooning fuel costs.

  • Electronics engineers successfully integrate MoS₂ transistors on a 200 mm wafer
    on May 20, 2024 at 10:50 am

    In recent years, electronics engineers have been trying to design increasingly sophisticated transistors that can be scaled down to smaller sizes. Given the limitations of conventional silicon-based field effect transistors (FETs), some teams have been experimenting with alternative designs based on materials with higher electron mobility.

  • South Korea, Britain host AI summit with safety top of agenda
    on May 20, 2024 at 8:12 am

    South Korea and Britain kick off a major international summit on artificial intelligence in Seoul this week, where governments plan to press tech firms on AI safety.

  • ChatGPT is now better than ever at faking human emotion and behavior
    on May 19, 2024 at 6:30 pm

    Earlier this week OpenAI launched GPT-4o (“o” for “omni”), a new version of the artificial intelligence (AI) system powering the popular ChatGPT chatbot. GPT-4o is promoted as a step towards more natural engagement with AI. According to the demonstration video, it can have voice conversations with users in near real-time, exhibiting human-like personality and behavior.

  • Can we rid artificial intelligence of bias?
    on May 19, 2024 at 2:06 pm

    Artificial intelligence built on mountains of potentially biased information has created a real risk of automating discrimination, but is there any way to re-educate the machines?