startups

An AI Bot Named James Has My Old Local News Job

An AI Bot Named James Has My Old Local News Job

It always seemed difficult for the newspaper where I used to work, The Garden Island on the rural Hawaiian island of Kauai, to hire reporters. If someone left, it could take months before we hired a replacement, if we ever did.So, last Thursday, I was happy to see that the paper appeared to have hired two new journalists—even if they seemed a little off. In a spacious studio overlooking a tropical beach, James, a middle-aged Asian man who appears to be unable to blink, and Rose, a younger redhead who struggles to pronounce words like “Hanalei” and “TV,” presented their…
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An Underwater Data Center in San Francisco Bay? Regulators Say Not So Fast

An Underwater Data Center in San Francisco Bay? Regulators Say Not So Fast

NetworkOcean isn’t alone in its ambitions. Founded in 2021, US-based Subsea Cloud operates about 13,500 computer servers in unspecified underwater locations in Southeast Asia to serve clients in AI and gaming, says the startup’s founder and CEO, Maxie Reynolds. “It’s a nascent market,” she says. “But it’s currently the only one that can handle the current and projected loads in a sustainable way.”Subsea secured a permit for each site and uses remotely operated robots for maintenance, according to Reynolds. It plans to fire up its first underwater GPUs next year and also is considering private sites, which Reynolds says would…
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Uber-Backed E-Scooter Startup Lime Enters Japan After Korea Exit

Uber-Backed E-Scooter Startup Lime Enters Japan After Korea Exit

Uber Technologies Inc.-backed Lime is entering Japan’s growing e-scooter ride market in a foray that pits the San Francisco-based startup against homegrown Luup KK.Lime, which has a global fleet of around 200,000 e-bikes and scooters, on Monday launched its service in some of Tokyo’s most densely populated neighborhoods of Shibuya, Shinjuku, Meguro and Setagaya wards. Lime now has around 200 electric scooters and more than 40 recharging ports. Tokyo-based Luup, which controls more than 90% of the domestic market in terms of ride mileage, operates 9,100 ports. Source link lol
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Jack Ma-Backed Ant Weighs Buying Health-Care Platform Haodf

Jack Ma-Backed Ant Weighs Buying Health-Care Platform Haodf

Jack Ma-backed Ant Group Co. is in discussions to acquire Chinese online platform Haodf.com to beef up its artificial intelligence services in health care, according to people familiar with the matter.The fintech company is seeking to integrate its technology with a platform like Haodf that provides online consultations with doctors, the people said, requesting not to be named because the discussions are private. The deliberations are still preliminary and could be subject to change, the people said. Source link lol
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Turkish Fintech Colendi Raises Funds at $700 Million Valuation

Turkish Fintech Colendi Raises Funds at $700 Million Valuation

Turkey’s fintech startup Colendi raised $65 million in fresh funding from a group of investors including Citicorp North America Inc. at a valuation of $700 million.Apart from Citicorp, Migros Ticaret AS, Sepil Ventures, Re-Pie Asset Management, Finberg and Hedef Holding participated in the Series B round, according to Bulent Tekmen, co-founder and chief executive office of Colendi, formally known as Colendi Yapay Zeka ve Buyuk Veri Teknoloji Hizmetleri AS. Existing investors also took part in the round, he said. Source link lol
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Nvidia-Backed Cohesity Is Profitable, With 26% Revenue Growth

Nvidia-Backed Cohesity Is Profitable, With 26% Revenue Growth

Data security and management startup Cohesity is profitable and experienced revenue growth of 26% for its latest fiscal year, Chief Executive Officer Sanjay Poonen said in an interview on Bloomberg Television.Cohesity is backed by the SoftBank Vision Fund and Nvidia Corp. The company closed the fiscal year with $549 million in revenue, representing 26% growth from a year prior, Poonen said. It also turned free cash flow positive. Source link lol
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USC Professor Lands $43 Million in Funding for AI Startup

USC Professor Lands $43 Million in Funding for AI Startup

Sahara AI, a startup co-founded by a University of Southern California associate professor, has raised $43 million as it seeks to address thorny copyright and privacy issues surrounding artificial intelligence technology.The funding was led by Pantera Capital, Binance Labs and Polychain Capital and included investors such as Samsung, Matrix Partners, Nomad Capital as well as angel investors and founders from the industry, the startup said in a statement on Wednesday. It will deploy the capital to expand its team of experts and develop its technology. Source link lol
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Google’s Search Dominance Leaves Sites Little Choice on AI Scraping

Google’s Search Dominance Leaves Sites Little Choice on AI Scraping

The convenient artificial intelligence answers Google now puts at the top of its search results come at steep cost to websites that users would otherwise visit. But many site owners say they can’t afford to block Google’s AI from summarizing their content.That’s because the Google tool that sifts through web content to come up with its AI answers is the same one that keeps track of web pages for search results, according to publishers. Blocking Alphabet Inc.’s Google the way sites have blocked some of its AI competitors would also hamper a site’s ability to be discovered online. Source link…
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