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Identity verification startup Socure plans to acquire rival service Berbix for $70M in cash and stock; Berbix raised $11.6M in total, including $9M in 2020 (Frederic Lardinois/TechCrunch) 27-06-2023

Frederic Lardinois / TechCrunch: Identity verification startup Socure plans to acquire rival service Berbix for $70M in cash and stock; Berbix raised $11.6M in total, including $9M in 2020  —  Socure, the identity verification service that raised a massive $450 million Series E round at a $4.5 billion valuation during … Lees verder op Tech Meme

Israeli autonomous cloud security startup Cyera raised a $100M Series B led by Accel with Sequoia and others participating, a source says at a $500M valuation (Meir Orbach/CTech) 27-06-2023

Meir Orbach / CTech: Israeli autonomous cloud security startup Cyera raised a $100M Series B led by Accel with Sequoia and others participating, a source says at a $500M valuation  —  The Israeli company’s data security platform learns an enterprise’s unique data and business purpose using large language models … Lees verder op Tech Meme

Google plans to offer DIY repairs for the Pixel Fold via its iFixit partnership, including the battery and inner, folding display (Ben Schoon/9to5Google) 27-06-2023

Ben Schoon / 9to5Google: Google plans to offer DIY repairs for the Pixel Fold via its iFixit partnership, including the battery and inner, folding display  —  One of the biggest downsides of foldable smartphones right now is durability and, more so, repairability.  Google is breaking new ground with the Pixel Fold … Lees verder op Tech Meme

A look at Newark Public Schools' test of AI chatbot Khanmigo, one of the first in the US, and concerns over the tool doing too much of the students' thinking (Natasha Singer/New York Times) 27-06-2023

Natasha Singer / New York Times: A look at Newark Public Schools’ test of AI chatbot Khanmigo, one of the first in the US, and concerns over the tool doing too much of the students’ thinking  —  Newark public schools are cautiously trying out a new automated teaching aid from Khan Academy.  The preliminary report card: “could use improvement.” Lees verder op Tech Meme

The EU launches four “crash test” facilities for AI tools, funded by a €220M investment, which will let companies test AI and robotics in real-life settings (Sanne Wass/Bloomberg) 27-06-2023

Sanne Wass / Bloomberg: The EU launches four “crash test” facilities for AI tools, funded by a €220M investment, which will let companies test AI and robotics in real-life settings  —  The Europe Union is introducing “crash test” systems for artificial intelligence to ensure new innovations are safe before they hit the market. Lees verder op Tech Meme

How routine drug use by Silicon Valley executives moved from an after-hours activity squarely into corporate culture, causing issues for boards and tech leaders (Wall Street Journal) 27-06-2023

Wall Street Journal: How routine drug use by Silicon Valley executives moved from an after-hours activity squarely into corporate culture, causing issues for boards and tech leaders  —  Entrepreneurs including Elon Musk and Sergey Brin are part of a drug movement that proponents hope will expand minds, enhance lives and produce business breakthroughs Lees verder op Tech Meme

Data streaming service Redpanda raised a $100M Series C led by Lightspeed, GV, and HaystackVC, following a $50M Series B in February 2022 (Ron Miller/TechCrunch) 27-06-2023

Ron Miller / TechCrunch: Data streaming service Redpanda raised a $100M Series C led by Lightspeed, GV, and HaystackVC, following a $50M Series B in February 2022  —  Redpanda helps companies capture data in real time in a modern context, providing a new way to stream data while maintaining backwards compatibility with Kafka … Lees verder op Tech Meme

The EU launches four “crash test” facilities for AI tools, funded by a €220M investment, which will let companies test AI and robotics in real-life settings (Sanne Wass/Bloomberg) 27-06-2023

Sanne Wass / Bloomberg: The EU launches four “crash test” facilities for AI tools, funded by a €220M investment, which will let companies test AI and robotics in real-life settings  —  The Europe Union is introducing “crash test” systems for artificial intelligence to ensure new innovations are safe before they hit the market. Lees verder op Tech Meme

Sources: US government official Kurt Campbell confronted Sequoia's Don Vieira in DC over the VC firm's ties to China, eventually leading to the three-way split (Wall Street Journal) 27-06-2023

Wall Street Journal: Sources: US government official Kurt Campbell confronted Sequoia’s Don Vieira in DC over the VC firm’s ties to China, eventually leading to the three-way split  —  Scrutiny from Washington aggravated tensions within the venture-capital firm, fueling its decision to break up Lees verder op Tech Meme

Tel Aviv-based NoTraffic, an AI-based traffic management service, raised a $50M Series B led by M&G Investments, following a $17.5M Series A in July 2021 (Rebecca Bellan/TechCrunch) 27-06-2023

Rebecca Bellan / TechCrunch: Tel Aviv-based NoTraffic, an AI-based traffic management service, raised a $50M Series B led by M&G Investments, following a $17.5M Series A in July 2021  —  AI-based traffic management platform NoTraffic has bagged $50 million in Series B funding as it picks up momentum in cities across … Lees verder op Tech Meme