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June 15, 2025, 1:10 AM
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| 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 …
More: NYSenate.gov, City Journal, Cryptopolitan, StrictlyVC, and Maginative
X: @anjneymidha, @jackclarksf, @alexbores, @alexbores, @ccianet, and @jackclarksf
Forums: r/newyork, r/technology, r/law, r/politics, and r/artificial
| 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
More: Tom's Hardware. Mastodon: @remixtures@tldr.nettime.org. X: @bio_clouseau, @jchengwsj, @kyleichan, @marchofer, @workmj, and @jchengwsj
Forums: r/technology and Slashdot
| Nick Mokey / VentureBeat: |
In an Oxford study, LLMs correctly identified medical conditions 94.9% of the time when given test scenarios directly, vs. 34.5% when prompted by human subjects — Headlines have been blaring it for years: Large language models (LLMs) can not only pass medical licensing exams but also outperform humans.| Gary Marcus / Marcus on AI: |
A look at seven rebuttals to Apple's paper on limitations of Large Reasoning Models, and why none make a compelling case — The Apple paper on limitations in the “reasoning” of Large Reasoning Models, which raised challenges for the latest scaling hypothesis, has clearly touched a nerve.
More: Apple Machine Learning …, VentureBeat, 9to5Mac, and arXiv.org e-Print archive
LinkedIn: John Thompson and Matthew Brown
Forums: Hacker News and r/LocalLLaMA
| Ben Weiss / Fortune: |
London-based Noah, which is developing API-focused stablecoin infrastructure to enable real-time cross-border payments, raised a $22M seed led by LocalGlobe — Noah cofounders Thijn Lamers (left) and Shah Ramezani — The story of a stereotypical startup founder has a familiar arc …
More: The Block, Tech.eu, Bitcoin News, UK Tech Investment News, FinSMEs, and NFTgators
LinkedIn: Shah Ramezani, Noah, and Noah
| Debby Wu / Bloomberg: |
Taiwan imposes export controls on Huawei, SMIC, and some of their subsidiaries, restricting their access to tech and equipment necessary for AI chip production — Taiwan's International Trade Administration has included Huawei, SMIC and several of their subsidiaries in an update …
More: Reuters and Cryptopolitan
| 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
| Ainslie Chandler / Bloomberg: |
Amazon plans to invest ~$13B in Australia from 2025 to 2029 to develop its data center infrastructure, as demand for cloud computing and AI grows in the country — The investment, in the Sydney and Melbourne data centers, is the biggest ever in Australia by a global technology company, Prime Minister Anthony Albanese said.
More: Reuters, About Amazon, and Cryptopolitan
| Chris Metinko / Axios: |
Miami-based Guardz, which offers a detection and response service for managed service providers protecting SMBs, raised a $56M Series B led by ClearSky — Guardz raised a $56 million Series B led by ClearSky to help managed service providers (MSPs) better secure small and medium-sized businesses …
More: CTech, Guardz, SiliconANGLE, FinTech Global, Refresh Miami, and DataBreachToday.com
| Aarian Marshall / Wired: |
Waymo temporarily limits service in SF, Austin, and Atlanta, and stops service in LA, as US cities prepare for protests against federal immigration policies — A week after five robot cars were burned in Los Angeles, the Google sister company isn't taking risks.
More: The Information, TechCrunch, MyNewsLA.com, PCMag, San Francisco Chronicle, and Texas Public Radio
Forums: r/waymo and r/sanfrancisco
| 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 …
More: Entrackr, Business Standard, Financial Express, Outlook Business, The Ken, Inc42 Media, VCCircle, and Tech in Asia
| Ira Boudway / Bloomberg: |
A profile of Chess.com, which has popularized online chess among pro athletes, as CEO Erik Allebest says the site has over $100M in annual revenue and 35M MAUs — Social media is a minefield for pro sports players. But online chess offers rankings, instant analysis, wholesome interactions and few trolls.| Salt Lake Tribune: |
Salt Lake City, which faces a staffing shortfall, plans to implement AI-assisted 911 call triaging to handle ~30% of about 450K non-emergency calls per year — Move to artificial intelligence for some nonemergency calls is expected to help human responders focus on the urgent ones.| Chris Metinko / Axios: |
Horizon3.ai, whose AI-based penetration testing platform NodeZero helps find and exploit attack paths in production systems, raised a $100M Series D led by NEA — Autonomous security startup Horizon3.ai locked up a $100 million Series D led by NEA, co-founder and CEO Snehal Antani tells Axios Pro.
More: Business Wire, VC News Daily, FinSMEs, FinTech Global, The Stack, and SiliconANGLE
LinkedIn: Ilya Kirnos and Horizon3.ai
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