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June 15, 2025, 3:46 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, Cryptopolitan, StrictlyVC, and Maginative
X: @anjneymidha, @jackclarksf, @alexbores, @alexbores, @ccianet, and @jackclarksf
Forums: r/newyork, r/technology, r/law, r/politics, and r/artificial
| 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.| Timothy B. Lee / Understanding AI: |
Researchers find Llama 3.1 recalls large parts of popular copyrighted books, possibly weakening AI industry claims that such memorization is fringe behavior — New research could have big implications for copyright lawsuits against generative AI. — In recent years, numerous plaintiffs … | 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: About Amazon, Cryptopolitan, and Reuters
| 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
| 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
| 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: Reason, Fortune, Tom's Hardware, and Cryptopolitan
Mastodon: @remixtures@tldr.nettime.org. X: @marchofer, @workmj, @bio_clouseau, @jchengwsj, @kyleichan, and @jchengwsj
Forums: r/technology and Slashdot
| 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, The Ken, Outlook Business, Inc42 Media, VCCircle, and Tech in Asia
| 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, Bitcoin News, FinSMEs, NFTgators, and UK Tech Investment News
LinkedIn: Shah Ramezani, Noah, and Noah
| Axios: |
Austin-based Autonomize AI, which develops AI agents for automating administrative workflows in healthcare and life sciences, raised a $28M Series A — Autonomize AI, a provider of AI agents to health systems and plans, raised $28 million in Series A funding, CEO Ganesh Padmanabhan tells Axios exclusively.
More: Austin Business Journal, HIT Consultant, Pulse 2.0, FinSMEs, VC News Daily, and Business Wire
| 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: Guardz, SiliconANGLE, FinTech Global, Refresh Miami, and DataBreachToday.com
| Tim De Chant / TechCrunch: |
Bedrock Ocean, which has developed an autonomous underwater vehicle to map the ocean floor using sonar and magnetic sensors, raised a $25M Series A-2 — Oceans may cover more than 70% of the Earth's surface, but we have better maps of the moon than we do the seabed.| 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.| Maria Deutscher / SiliconANGLE: |
Pactum, which helps companies automate supplier negotiations with AI and secure more favorable contractual terms, raised a $54M Series C led by Insight Partners — Pactum AI Inc., a startup that helps companies secure more favorable contractual terms from their suppliers, has closed a $54 million funding round led by Insight Partners.Sponsor Posts
Airtable:
Deep analysis for deep questions — Introducing Superagent. A new research product from Airtable: Subagents deeply interrogate your topic and turn it into boardroom-ready reports, slides, docs, or websites.
Deep analysis for deep questions — Introducing Superagent. A new research product from Airtable: Subagents deeply interrogate your topic and turn it into boardroom-ready reports, slides, docs, or websites.
Clay:
Turn any GTM idea into reality — Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.
Turn any GTM idea into reality — Clay helps GTM teams combine AI agents, enrichment, and intent data to move faster and turn insights into action.
Zoho:
Streamline payment collections in Singapore with PayNow and GrabPay — Under the “Smart Nation” initiative, Singapore is making a transformation towards cashless and quick payment options.
Streamline payment collections in Singapore with PayNow and GrabPay — Under the “Smart Nation” initiative, Singapore is making a transformation towards cashless and quick payment options.
IDrive:
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.
Protecting your Cloud Applications Data — Backing up Office 365, Google Workspace, Dropbox & Salesforce data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.Featured Podcasts
Invest Like the Best:
Josh Kushner - Concentration and Conviction
The leading destination to learn about business and investing. We do this by showcasing exceptional talent and ideas.
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Channels with Peter Kafka:
Janice Min on Hollywood's Crisis; Reed Duchscher on the Creator Boom
Media and tech aren't just intersecting - they're fully intertwined. To understand how those worlds work, Peter Kafka talks to industry leaders, upstarts and observers.
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The Social Radars:
Tom Blomfield, Partner, Y Combinator; Co-Founder, Monzo
Come be a fly on the wall as Y Combinator's Jessica Livingston and Carolynn Levy talk to some of the most successful founders in Silicon Valley about how they did it.
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Cheeky Pint:
Ramp founder Eric Glyman on the many ways AI is changing corporate spending
Stripe cofounder John Collison interviews founders, builders, and leaders over a pint.
Subscribe to Cheeky Pint.
Lenny's Podcast:
Sequoia CEO coach: Why it's never been easier to start a company, and never been harder to scale one | Brian Halligan (co-founder, HubSpot)
Interviews with world-class product leaders and growth experts to uncover actionable advice to help you build, launch, and grow your own product.
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Tools and Weapons with Brad Smith:
His Excellency Khaldoon Al Mubarak: Investing in an AI-Driven World
Microsoft Vice Chair and President Brad Smith speaks with leaders in government, business, and culture to explore the most critical challenges at the intersection of technology and society.
Subscribe to Tools and Weapons with Brad Smith.
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