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Granica, which helps data-centric AI companies optimize their cloud object storage in Amazon S3 and Google Cloud, raised $45M from NEA, Bain, and others (Belle Lin/Wall Street Journal) 09-06-2023

Belle Lin / Wall Street Journal: Granica, which helps data-centric AI companies optimize their cloud object storage in Amazon S3 and Google Cloud, raised $45M from NEA, Bain, and others  —  Data management is under the spotlight again as companies seek to out-innovate competitors with large language models Lees verder op Tech Meme

EvenUp, which uses AI to generate legal documents for personal injury cases, raised a $50.5M Series B led by Bessemer Venture Partners at a $325M valuation (Kyle Wiggers/TechCrunch) 09-06-2023

Kyle Wiggers / TechCrunch: EvenUp, which uses AI to generate legal documents for personal injury cases, raised a $50.5M Series B led by Bessemer Venture Partners at a $325M valuation  —  Millions of personal injury cases are settled in the U.S. every year, as few go to trial — but the vast majority are kept under wraps. Lees verder op Tech Meme

Six US senators reintroduce a bipartisan bill to boost social network transparency, requiring companies to share ad libraries, content moderation stats, more (John Perrino/Tech Policy Press) 09-06-2023

John Perrino / Tech Policy Press: Six US senators reintroduce a bipartisan bill to boost social network transparency, requiring companies to share ad libraries, content moderation stats, more  —  John Perrino is a policy analyst at the Stanford Internet Observatory.  —  The Platform Accountability and Transparency Act … Lees verder op Tech Meme

Mark Zuckerberg shared with employees Meta's plan to add generative AI text, image, and video tools to its products, such as Messenger, WhatsApp, and Instagram (Ina Fried/Axios) 08-06-2023

Ina Fried / Axios: Mark Zuckerberg shared with employees Meta’s plan to add generative AI text, image, and video tools to its products, such as Messenger, WhatsApp, and Instagram  —  Meta CEO Mark Zuckerberg announced a plan to employees on Thursday that will see it put generative AI text … Lees verder op Tech Meme

Blackpoint Cyber, which offers managed cybersecurity detection and response services, raised a $190M Series C led by Bain Capital with participation from Accel (Maria Deutscher/SiliconANGLE) 09-06-2023

Maria Deutscher / SiliconANGLE: Blackpoint Cyber, which offers managed cybersecurity detection and response services, raised a $190M Series C led by Bain Capital with participation from Accel  —  Blackpoint Cyber, a startup that provides managed cybersecurity services using an internally developed software platform, has raised $190 million in fresh funding. Lees verder op Tech Meme