Two former Nubank executives have raised $85m to build an AI wealth adviser in Brazil. Their backers call it the largest seed round in Latin American history. The startup, Decade, came out of stealth on Tuesday with money from Greenoaks, Benchmark and …
Bending Spoons has agreed to buy Airtable for $1.285bn. Its chief executive is selling the deal as a long-term bet. “Airtable is a pioneering brand reshaping how teams organize data and manage critical workflows,” said Luca Ferrari, the Italian company…
Obsidian Security has become the latest cybersecurity company to be repriced upward by artificial intelligence. The SaaS-security firm has raised a fresh funding of $85 Million Series D at a $1.1bn valuation as demand for tools that secure AI surges. T…
The software industry runs on a shared list of known bugs. Someone is now seeding that list with breakage that no one ever found. Security firm JFrog found six critical SQLite flaws that were pure fiction, it reported. The advisories claimed severe mem…
OpenAI has an image problem, and it just spent a weekend making it worse. The company flew a group of influencers to a luxury resort to soften how the public sees AI. The internet took one look and called it greenwashing. The event, branded “Summer Cam…
The Big Four built its fortune on armies of junior consultants and accountants. PwC has started hiring fewer of them. Its US boss says that is the future, and he is comfortable with it. Paul Griggs, PwC’s US senior partner and chief executive, told Bus…
Before Congress writes a single rule for artificial intelligence, it has already picked a supplier. In the year to the end of March, House offices spent nine of every ten visible AI dollars on one product: OpenAI’s ChatGPT. The figures come from a CNBC…
Inside an American government data centre, a system called ImmigrationOS is assembling a stranger’s life. It reaches for a passport record, then a Social Security file, then a year of tax returns, then a licence-plate read captured by a motorway camera…
One of the Chinese company’s top scientists has warned that Nvidia will soon run into the same physical limit on chip performance that Huawei says is reshaping the whole industry, according to Bloomberg. The argument is less a boast than a bet on where…
Everyone has been asking what the trillion-dollar AI buildout is actually for. A senior Google DeepMind executive has now given an unusually blunt answer. The spending, he says, is a bet on machines that improve themselves. Jasjeet Sekhon, DeepMind’s c…