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Stockholm startup Neko Health has made a big bet on consumers wanting to learn about their state of health and how to prevent things going wrong. Now, investors are making a big bet on Neko. The startup has raised a fresh $260 million in funding, a Series B that values Neko at $1.8 billion post-money,…
President Trump on Tuesday pardoned Ross Ulbricht, the creator of the infamous dark web exchange Silk Road, which was best known as a once-thriving online marketplace for illegal drugs. Trump announced the news in a Truth Social post, saying the pardon was in honor of Ulbricht’s mother and the Libertarian movement. Trump’s post on Truth…
Chinese AI lab DeepSeek has released an open version of DeepSeek-R1, its so-called reasoning model, that it claims performs as well as OpenAI’s o1 on certain AI benchmarks. R1 is available from the AI dev platform Hugging Face under an MIT license, meaning it can be used commercially without restrictions. According to DeepSeek, R1 beats…
Leading AI developers, such as OpenAI and Anthropic, are threading a delicate needle to sell software to the United States military: make the Pentagon more efficient, without letting their AI kill people. Today, their tools are not being used as weapons, but AI is giving the Department of Defense a “significant advantage” in identifying, tracking,…
AI might excel at certain tasks like coding or generating a podcast. But it struggles to pass a high-level history exam, a new paper has found. A team of researchers has created a new benchmark to test three top large language models (LLMs) — OpenAI’s GPT-4, Meta’s Llama, and Google’s Gemini — on historical questions….
Jeff Horing’s Insight Partners is to New York venture capital what Andreessen Horowitz and Sequoia are to Silicon Valley. And it’s a status that has been cemented with Insight’s latest closing. As expected, Insight Partners announced Thursday that it closed another giant flagship fund, known as Fund XIII, along with its second Opportunity fund, collectively…
When Hindenburg Research posts a blog on its website, it often means a company’s final days are near. Today, that company is Hindenburg Research. Nate Anderson announced Wednesday he has shut down short-selling firm Hindenburg Research after a seven-year run issuing damning reports about high-profile companies, including many of the technology world’s giants and buzzy…
The Securities and Exchange Commission filed a lawsuit against Elon Musk on Tuesday over an alleged securities violation relating to his acquisition of Twitter, now called X. The SEC claims Musk failed to disclose his 5% ownership stake of Twitter in a timely manner, violating federal securities law, according to a complaint filed in federal…
American TikTok users have been thumbing their collective noses at the U.S. government’s decision to ban TikTok by spitefully joining another Chinese social media app, Red Note (aka Xiaohongshu), sending it to the top of the U.S. App Store on Monday. Unfortunately, many of those who already made the transition have faced problems with having…
Robinhood has agreed to fork out $45 million to settle an investigation by the Securities and Exchange Commission over several alleged violations, reported the Wall Street Journal on Monday. The settlement is being made via two of Robinhood’s brokerage units. One of the violations relates to Robinhood’s November 2021 confirmation that it was hacked “with…