Techmeme
June 15, 2025, 5:25 AM

Top News

Maxwell Zeff / TechCrunch:
New York State passes a bill mandating safety and transparency requirements for frontier AI models; it awaits Governor Hochul's signature  —  New York state lawmakers passed a bill on Thursday that aims to prevent frontier AI models from OpenAI, Google, and Anthropic from contributing to disaster scenarios …
Bloomberg:
Statista: the global influencer marketing industry is projected to grow 36% between 2024 and 2025, reaching $33B, as brands tighten overall ad budgets  —  Ashton Hall's morning routine involves dunking his head in iced Saratoga Spring Water.  For the company that sells the bottled water …
More: Coinmonks
Wall Street Journal:
How Chinese AI companies bypass US chip restrictions by transporting hard drives with AI training data to Malaysian data centers housing advanced Nvidia chips  —  Engineers carry data to countries where Nvidia chips are available, frustrating Washington's aims
The Economic Times:
Filings: Bengaluru-based fintech Cred, which offers rewards for paying credit card bills and more, raised ~$72M at a $3.5B valuation, down from $6.4B in 2022  —  The fintech major was valued at $6.4 billion in 2022 during its last major fund infusion.  The current fund infusion is in the form …
Tamara Djurickovic / Tech.eu:
Berlin-based Payrails, whose platform helps enterprises accept payments, issue payouts, and more, raised a $32M Series A, taking its total funding to $52.8M+  —  Trusted by leading global brands, Payrails aims to boost performance, reduce operational complexity and costs, and enable faster innovation across their payment operations.
More: Payrails

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More News

Gary Marcus / Marcus on AI:

Earlier Picks

New York Times:
Emma Roth / The Verge: