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June 15, 2025, 1:45 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
| 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.| 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
| 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
| 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
| 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
| 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: FinSMEs, CTech, Guardz, SiliconANGLE, FinTech Global, Refresh Miami, and DataBreachToday.com
| 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
| 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.| 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
| 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
| 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.| 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
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Big Technology Podcast:
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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.
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